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If You Think Everything Is Getting Too Expensive, This Will Make You Feel Better.


WinnieTheKhwai

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I miss those days. You could fund your trip to Singapore simply by buying a phone there, bringing it back, changing the IMEI, and then selling it at a steep discount to the extortionate prices in Thailand. There were hundreds of ways to make money back then. They were also charging about 22 US cents per minute to terminate into Thailand. No VoIP either. All the grey routes into the country were via VSAT, channel banks and analog lines. Anyone who could get 20 - 30 phone lines from TOT could be pulling in six figure US salaries.

It's too bad. With everything above board and basically deregulated, it has become a low margin game strictly for the big boys with deep pockets. No more opportunities for individual entrepreneurs.

It was a better time.

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Yeah, the baht just increased to that level due to the Asian Currency Crisis.. Used to be around 25 baht to the dollar before that.

When I was in Thailand in Nov 1993 the aussie dollar was worth 16 to 17 baht.

How things change.

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