BUSINESS

The world is led by “wisdom.” A society led by wisdom leads to prosperity. A society led by wise people leads to prosperity.

Whereas a society led by ignorant people leads to destruction of every kind. “There is nothing to be revered on this earth except love and wisdom,” Htoo Eain Thin said. Education; Illiteracy alters communities. Countries with more knowledge are more developed but have fewer educated people. Societies without education may be behind in development. There […]

BUSINESS

The World Bank reports that Myanmar’s inflation rate has reached 9.8% in 2022.

In the year following September 2021—the budget year—the military coup, inflation in Myanmar reached 7.3%. Under the NLD government, Myanmar’s average inflation rate was 6.4% between 2017 and 2019 and fell to 5.2% by 2020 due to lower food and electricity prices. In January 2021, preceding the tactical upset, it fell another 0.7 percent. However, […]