Trump-Kim Summit: Singapore cashes in on high-profile meeting

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03:20

Any deal reached at the all-important summit in Singapore will have to pass the test of time. But for many Singaporean businesses, the results were immediate, and quite fruitful. CGTN's Nanuka Danelia has more.

This is a Trump cocktail, popular with the thousands of journalists and foreign delegates visiting Singapore for the summit - And it has boosted business for this local bar.

SOFIEN ESCO BAR BARTENDER "For the base, I am using Bourbon, why I am using because Bourbon is came from Kentucky and is part of America, and America loves Bourbon."

Of course, there is a cocktail named after the DPRK leader as well. Each costs around 10 dollars.

"The mixer is berries and soju, of course soju needs to be in for Koreans."

Restaurants also so opportunity. Some cooked up fusion dishes.

NELSON BURJOS LUCHA LOCO EXECUTIVE CHEF "We wanted to be a part of it as a company, and we were just sort of chatting in the office and lounge trying to think of ideas, and we sell tacos. That's what we do, so we thought, so let's put something, let's put a burger in a taco and put some Korean chicken in a taco and see what happens."

And that's how the "Rocket Man" and "El Trumpo" tacos were created. Other restaurants rolled out burgers with a twist. Some of the most popular ones are the "Burger for World Peace," made of Korean-marinated bulgogi brisket with kimchi mayo and melted American cheddar cheese, and the Trump-Kim Burger topped with kimchi.

While Singapore's businesses are adding up their revenue, it may not be enough to offset the 15 million dollars the government spent to host the meeting.

To increase returns, the Singapore Mint also unveiled souvenirs for those wanting something more long-lasting. These commemorative coins feature clasped hands under the U.S. and DPRK flags with the inscription "World Peace," and they come in gold, silver and nickel. The price of peace does not come cheap; the gold coin can cost around a thousand dollars.

But that does not seem to have scared off customers.

DAVID YIP SINGAPORE MINT DIRECTOR "We try to give everyone a fair chance to own a medallion because it is part of the history. Fortunately, the mintage is still very low even though we have raised it. We didn't anticipate the overwhelming response from people."

Experts say this high-profile meeting could boost tourism in the Asian city-state. The Singapore Tourism Board is expecting the sector to bring in at least 20 billion dollars this year.

Luckily for those visitors hoping to get a taste of the summit, restaurants are considering making the summit-themed dishes a fixture on their menus. Nanuka Danelia, CGTN.