SAC’s World Biggest Stupa and Superstitious Number ‘Nine’
This week’s ISP Insight Email focuses on the consecration event of the world’s highest marble Buddha Stupa, Maravijaya, which main sponsor is the SAC’s leader, the stupa’s relationship with the junta’s superstitious lucky number ‘nine’. We also present the change of the financial control by the SAC’s Central Bank over export earnings - forcing the conversion of Myanmar Kyat from a ratio of 65:35 to 50:50. However, the policy may have little impact and currently, the state of Myanmar's economy is alarming for both consumers and producers.