CHAPTER 1834: CHAPTER 1659: THE STRONGEST SUPPORT (PLEASE SUBSCRIBE!)

Yes!

These times are different from the past.

In the past.

The Myanmar Kyat was weak, and people didn’t want it, because there wasn’t much you could buy with it. Now it’s different, the era of the Myanmar Kyat is over. With the Asia Dollar, there’s so much you can buy.

Fruit wine.

Cars.

Home appliances.

Oasis.

Investment.

Settlement.

...

This has already formed a huge Asia Dollar goods market.

Ling.

Myanmar Bank Group.

Myanmar Plains.

And them.

The efforts of countless people have finally given the Asia Dollar its status today, allowing it to stand tall. At this time, they shouldn’t have such idle worries. Being modest is fine, but not self-abasement.

Otherwise.

Not to mention angering Ling, they would be ashamed.

Exactly.

If you don’t use the Asia Dollar.

We won’t do business with you—they like this attitude.

There is support.

Great.

Moreover, using the Asia Dollar is also a good thing for the other party, because with the tax reduction policy, when state-owned enterprises holding the Asia Dollar purchase products settled in Asia Dollar, it’s actually profitable.

Take desert management, for example.

Fifteen million per square kilometer.

In the past.

You could get a 5% discount.

That would be fourteen million two hundred and fifty thousand. Now, if you buy with the Asia Dollar, with a 5% tax reduction for enterprises, the export price is further reduced, potentially to a 7% discount.

Saving three hundred thousand.

As for why it’s not a 10% discount.

Very simple.

Myanmar Environmental Technology Company gets a 5% tax refund, so they definitely can’t give it all to the buyer; they have to earn something themselves. Of course, the exact amount depends on the company, but anyway, the buyer can save money.

And this.

Can extend to all products.

In this way.

When the tax refund policy is implemented next month, the Asia Dollar might even form some kind of ’off-market exchange rate’.

Take Country A, for example.

It has resources.

It has specialties.

We can use the Asia Dollar to buy them out, but if the environment in that country is very good, with few people, few patients, and no desert, what then? You can sell your Asia Dollar to a country with deserts.

Desert countries calculate.

Using the Asia Dollar can save 2%.

Sure.

I’ll pay 1% more to buy yours since you don’t need it, and I can also save a bit.

Of course.

The actual situation might not be like this, but it conveys an idea---the Asia Dollar, after a series of measures, based on its unique commodity system, already has value recognized by the international financial market.

This market.

Is not a speculative market.

But a normal transaction market.

When it comes to speculation, Wall Street is still gritting its teeth, glaring, silently cursing at the foreign exchange controls and financial restrictions here, making their attempts at short-selling speculation progress slowly.

"Do ordinary members have loan limits?"

Someone else was curious.

"Yes."

The chairman nodded.

"However, only one tenth of yours, five to twenty billion Asia Dollars."

Upon hearing this.

They felt relieved.

Tenfold.

Great!

A sense of superiority arose spontaneously.

But upon careful calculation.

They were taken aback by these figures. There were many core members present, divided into two parts. One part consisted of enterprises under the Myanmar Bank Group, the other part comprised their entrepreneurs.

Initially.

There were sixteen of them.

After new members joined, they remained sixteen.

Today.

Still the same.

However, the scale of new members kept expanding, from a few dozens to now over a hundred, if all loaned at the maximum limit, the total would be over two hundred billion.

Adding them.

Another over two hundred billion.

Then adding the members.

Wow.

Six hundred billion.

This is the maximum figure they calculated. Although it is a range, not everyone can loan that much, but do not forget, the Myanmar Bank Group also has a bunch of their own companies.

If it opens up.

How much money would that be?

Eight hundred billion?

Or a trillion?

Seriously.

Is playing this big really okay? It’s too exciting!

"What about member benefits?"

"Similarly, one tenth for ordinary members, if cooperation is pleasant and interests align, and it meets the relevant regulations of the chamber of commerce, they can be absorbed as members to enjoy higher benefits."

"The number of core members remains unchanged for the time being, but the chamber of commerce has increased the channel for ordinary members to be promoted to core members, mainly to absorb new, like-minded entrepreneurs that have grown up."

Upon hearing this.

Everyone nodded.

Sensible.

There is also frustration because the core members are expanding.

But they also know this is the trend of the times, they seized the opportunity and became the big winners. Later, a group of private enterprises also grew up, slowly becoming highly competitive and receiving support.

But they haven’t entered here.

However.

It cannot always be like this.

The chamber of commerce also needs fresh blood.

"Can we recommend ordinary members?"

"Yes, but whether to accept them must be strictly according to standards."

Sure enough, it doesn’t work.

A few minutes later.

Everyone had no issue with this matter, they have completely accepted it, not understanding is one thing, but the gains are certain, today they’ll go back and investigate projects carefully, striving to use up the quota.

The sooner the better.

"The third matter, also the current work in preparation, the Myanmar Bank is preparing to open up the commodity and project loan countries again, not limited to Africa, the specifics have not been determined yet, but this also offers an opportunity."

In an instant.

Everyone was shocked by this news.

Increase loan countries?

Didn’t they lend out over two hundred billion this year? And still lending?

Um.

But thinking about it just now, just lending to them exceeded two hundred billion, so in this calculation, it’s not that much. This series of combinations is indeed shocking, but it’s great news.

Just like the previous model.

They thought it would form an ’off-market exchange rate’.

Now looking at it.

It’s not that accurate. The given conditions before were for countries that didn’t need oases or filtering solutions. They could give money to countries in need, in exchange for a little benefit.

Now.

If there is a project loan.

A hundred billion loaned to you to build roads and bridges, high-speed rail.

Alright.

Once the contract is signed.

The debt is formed, the most likely scenario is for the country to hold onto this money for future debt repayment, so doing this first would mean using the Asia Dollar will go very smoothly.

The country needs it.

Its enterprises would receive it.

Great.

This is the real ’strongest support’, not just driving them out to ’expand the market’, just thinking about it is exciting, this kind of group operation is much more comfortable than guerrilla warfare.

"Great."

"So this is how it’s played."

"Gao Ming."

"..."

After sighing.

"This matter, is still in the demonstration stage, implementation is certain, results will be available no later than next month, but the specific countries and amounts are not yet determined, you should be prepared just in case."

...

An hour later.

The meeting ended.

Walking out of the conference room, each face was full of smiles, they’ve hit it big, this time they’ve really hit it big, such a large-scale dispersal of funds, although not necessarily profitable, it’s unlikely to result in a loss.

There is national support behind them.

Bank assistance.

Chamber of Commerce support.

And collaboration among chamber members.

Great.