Rebirth: Super Banking System
Chapter 1833 - 1658: Overbearing
CHAPTER 1833: CHAPTER 1658: OVERBEARING
Offstage.
Su Yu attended as a delegate.
District Chief.
Deputy Head.
He is still the actual controller of a major enterprise, and a member of the first batch of Myanmar Asia Chamber of Commerce. Generally, his wife attends these meetings, but today he received a special invitation to sit in and listen.
This means that today’s meeting content is very important.
Indeed.
They started with organizational adjustment.
Upon hearing this.
Su Yu’s face involuntarily showed deep disdain.
Backstabbing.
Such people are simply despicable. Earning money here while dreaming of abroad, they should be dealt with. Now that he’s on Ling’s ship, Su Yu has no chance to get off, only to move forward.
According to the regulations.
At his level.
Even if he retires, he cannot live abroad, so Su Yu plans to go down the road with Ling, work honestly, earn a good amount of money, and retire on this land.
Through their efforts.
Medical.
Urban construction.
Education.
Public security.
...
Will not be worse than abroad, perhaps even better.
Everything in the Myanmar Economic Zone, besides Ling’s leadership, has Su Yu’s dedication. We cannot forgive betraying this land; he will not accept it.
The first one, of course, is Ling.
Ling is the captain.
Bearing infinite responsibility.
A crew member has other intentions, taking Finance to another ship, Ling would surely be upset.
This means distrust in the nation, distrust in the country’s currency, distrust in the future here being better, even better than abroad. This is something Ling, as the captain, cannot tolerate.
Turning his head.
Su Yu caught a glimpse of several ’foreigners’ from the corner of his eye.
Tang Kai.
Wangsa.
Zeng Ming.
Slightly shook his head.
It wouldn’t be them, since they are foreigners, sending money back home is understandable, not enough to make Ling angry. Moreover, these people have always supported Myanmar’s economic construction.
So... Su Yu turned his gaze towards the Eight Major Families.
...
Not far away.
Seeing Su Yu looking over.
Some family representatives felt uncomfortable, wondering, why look at us? We didn’t do anything, don’t act like we have a problem, we are loyal supporters of Ling, ready to fight at his command.
Luckily.
They considered it, but didn’t act on it, not knowing who the person is.
If they knew.
It’s better to stay away; sometimes a stab can be a stab. If done, Ling would always remember this issue when seeing him in the future, which is unpleasant. Looking around, they still couldn’t figure it out.
At this moment.
The old man suppressed his nerves.
Calm.
If discovered, it would be troublesome.
Myanmar Asia Chamber of Commerce might not bother him, but others might isolate him. He couldn’t take chances and should find the president after the meeting to admit his mistake, or else his family’s business here might soon end.
If he doesn’t turn back.
He might be killed as a warning to others.
"Today’s first agenda item, the organizational structure adjustment has been read. Among it, what’s relevant to you is the change in benefits for core members." The president continued.
Upon hearing this.
The audience sat up straight.
This concerns interests.
"Effective immediately, based on existing basic benefits unchanged, each core member can enjoy an additional loan amount of 5-20 billion Asia Dollar, limited to Asia Dollar, while the Foreign Currency amount remains unchanged."
As soon as the words fell.
There was a gasp in the conference room.
What?
Up to 20 billion?
Are you sure you didn’t mistakenly add a zero?
Wow!
Such benefits.
It’s basically giving away money.
However.
What’s the purpose?
"This money isn’t for random use; there are requirements."
Alright, alright.
No problem.
"First, it cannot be used for domestic project investments, only abroad. Whether you build, acquire, or invest, it must be settled in Asia Dollar."
Hmm? That seems quite challenging.
"Second, it cannot be used for financial acts, only to flow to the real economy, mainly export-oriented enterprises, and in future international trade, more than fifty percent of the international trade by this enterprise must be settled in Asia Dollar."
What? Another requirement?
"Third, all loans must have a project book, be reviewed by the Chamber of Commerce, and meet requirements before being granted. Whether it’s 5 billion or 20 billion depends on the project and the person."
"Any questions?" the president asked.
After hearing this.
The scene was quiet.
They were digesting the previous content.
Summarizing, there are three points.
First, abroad.
Second, export-oriented entities.
Third, Asia Dollar.
Thinking carefully.
It relates somewhat to the policy to be implemented next month, which aims to boost Asia Dollar circulation; however, it’s rather passive, only benefiting import-export industries, while others can only watch.
In comparison.
Today’s is more proactive.
Invest abroad.
No need to export to Myanmar; export to other countries, as long as most trades promised to use Asia Dollar, they’ll give you loans, one settles between Myanmar and the outside world, one between foreign entities.
The purpose remains the same.
It’s strange, so quick, with consecutive policies aiming to increase the circulation rate of Asia Dollar. It’s not wrong but so aggressive, leaving them somewhat puzzled.
However.
There’s money to be made.
It’s good.
After all, the money is extra.
Expanding business is beneficial, and as Chamber of Commerce benefits, unlike regular loans, the Bank won’t hastily chase your debt unless there’s malicious default or betrayal of the Chamber.
This loan.
They enjoy Central Enterprise treatment.
And it’s interest-free.
It’s simply a windfall!
At this moment.
Someone raised their hand.
"Prioritizing export-oriented enterprises, does this mean internal circulation product industries are not generally supported?"
"No."
"What I mentioned earlier is about the increased loan portion, which mainly flows to export-oriented enterprises, with a focus this time; it’s not unsupported. On the contrary, we also hope domestic enterprises go abroad."
The president explained.
Some industries yield quick results.
Some industries yield slow results.
Export trade.
Directly contributes to increasing the proportion of Asia Dollar settlement, internal trade similarly so. After all, if you earn money in another country, you can convert it into Asia Dollar or even Foreign Currency and invest again.
"Thank you."
The person sat down.
That’s good.
Not a shift in direction.
"Can acquisitions only use Asia Dollar?"
"Yes."
"What if they don’t accept?"
"Look for another one."
"..."
So dominant.
So resolute.
The president supplemented:
"Through our efforts, Asia Dollar’s purchasing power is not an issue anymore. Through various high-tech Product exports, we have ensured they wouldn’t end up holding useless Asia Dollar."
"Through goods and project loans, we’ve established cooperation with Huaxia, opening up most Low-end products and some high-end products, as well as large project construction purchasing markets."
"With tax reduction policies, their Central Bank gets Asia Dollar to lend to domestic enterprises, indirectly increasing domestic enterprise income or selling to another country, letting foreign enterprises enjoy benefits."
"Everyone worked hard, for you to take Asia Dollar out and buy things. If the other party is unwilling, we just don’t do business with them, it’s that simple."
"..."
The people felt unprecedentedly upright.
So dominant.
They love it!