Quote:
Originally Posted by SEAJ
Did you guys also used to have lots of Russians who've now stopped coming when their economy tanked?
That's what happened in Thailand and have contributed greatly to the malaise there.
SEAJ
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I remembered back in 1990-1992...the Russians come to Singapore with bags sacked of $$$...mostly in USD or Roubles...we can trade anything with them...the Russians bought containers loads of PC computers, Printers, TVs, Facsimile machine and many things...heard even those ladies umbrella...all paying in cash...business was brisk especially in Sim Lim Square, level 4 to 6...
Many contracts were signed but out of 10 maybe 1 or 2 fulfilled...strictly money upfront before shipment...