Thursday, July 16, 2015

Current Market

We no longer live in a monologue world and
static environment.
We are living in a vibrant one and 
we need to be in a constant dialogue with both customer and stakeholder;
actively listening and attentively responding.
People buying green buck at this moment are not for transactional purpose nor precautionary reason.
The depreciation of Myanmar Kyat is not by outsiders nor
speculative profit making purpose,
it is a bit relief.
If the authorized people and accountable high ranking officials are thinking about transactional reason only,
there will be a gap, between reality and expectation.
When the gap grows big, the problem will be immense.
'This IMF [report] caps off a series of events revealing that, behind the veneer of liberal economic reforms lie the old ways, the old mindset, the old irrationality, the old regime,” he said.
So, the problem is old disguised with new.
The question is how new is new.
The new must be new.
Current practises are not much effective for long-run,
the dose and the pain is not match.
If they are managing and thinking today as yesterday,
there will be no more tomorrow at all.
We must be stay in today and
thinking for tomorrow.
Anyway, it is easier said than done.
So bite the bullet and swallow the bitter pill now.
Transparency, credibility and resourcefulness are crucial to the success of today's turbulent market.
Let's face the music.
Re-write the history and get the red-carpet treatment.
Get well soon CBM.
Brave New World.

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