Investigation Urged into High Prices of Concert Tickets for International Acts
PLDT's Chief Legal Counsel, Joan De Venecia-Fabul, a dedicated supporter of BTS, has voiced her backing for an inquiry into the steep prices of concert tickets for international acts. The issue was brought up by Sen. Raffy Tulfo during Senate budget discussions, highlighting the significant price difference of BTS concert tickets in the Philippines compared to other countries. Tulfo pointed out that VIP tickets for a BTS show that were priced at P14,000 in Indonesia were being sold for P22,600 in the Philippines. Sen. Imee Marcos, overseeing the budget of the Department of Trade and Industry, suggested that organizers and ticketing platforms might be overpricing the tickets and called for a thorough investigation into the matter. De Venecia-Fabul supported the call for an investigation, emphasizing the need to scrutinize this issue.
In response to concerns raised during Senate budget deliberations, PLDT's Chief Legal Counsel, Joan De Venecia-Fabul, has expressed her full support for an investigation into the high prices of concert tickets for foreign acts. Sen. Raffy Tulfo highlighted the disparity in BTS concert ticket prices between the Philippines and other countries, citing the significantly higher costs in the Philippines. VIP tickets for a BTS concert that were priced at P14,000 in Indonesia were being sold for P22,600 in the Philippines, prompting calls for a closer look at the pricing practices of organizers and ticketing platforms. Sen. Imee Marcos, responsible for the budget of the Department of Trade and Industry, echoed the need for an inquiry into potential price inflation and emphasized the importance of addressing this issue. De Venecia-Fabul supported the proposal for an investigation, underscoring the importance of examining the pricing discrepancies.
PLDT's Chief Legal Counsel, Joan De Venecia-Fabul, has thrown her weight behind calls for an investigation into the exorbitant prices of concert tickets for international acts. The issue was raised by Sen. Raffy Tulfo during Senate budget deliberations, shedding light on the stark contrast in BTS concert ticket prices between the Philippines and other countries. Tulfo highlighted the substantial price variation, with VIP tickets for a BTS concert in Indonesia priced at P14,000, while the same tickets were being sold for P22,600 in the Philippines. Sen. Imee Marcos, overseeing the budget of the Department of Trade and Industry, emphasized the need to probe potential price manipulation by organizers and ticketing platforms. De Venecia-Fabul lent her support to the call for an investigation, stressing the importance of addressing the pricing disparities.
In light of the discussion during Senate budget deliberations, PLDT's Chief Legal Counsel, Joan De Venecia-Fabul, has voiced her support for an investigation into the steep prices of concert tickets for international acts. Sen. Raffy Tulfo raised concerns about the significant price gap in BTS concert tickets between the Philippines and other countries, pointing out the higher costs in the Philippines. VIP tickets for a BTS concert in Indonesia were priced at P14,000, while the same tickets were being sold for P22,600 in the Philippines. Sen. Imee Marcos, responsible for the budget of the Department of Trade and Industry, emphasized the need to scrutinize the pricing practices of organizers and ticketing platforms. De Venecia-Fabul endorsed the proposal for an investigation, highlighting the importance of addressing the pricing discrepancies.
In response to the discussion during Senate budget deliberations, PLDT's Chief Legal Counsel, Joan De Venecia-Fabul, has expressed her full support for an investigation into the high prices of concert tickets for foreign acts. Sen. Raffy Tulfo highlighted the disparity in BTS concert ticket prices between the Philippines and other countries, noting the considerable price difference. VIP tickets for a BTS concert in Indonesia were priced at P14,000, while the same tickets were being sold for P22,600 in the Philippines. Sen. Imee Marcos, overseeing the budget of the Department of Trade and Industry, suggested that organizers and ticketing platforms may be inflating prices excessively and called for a thorough examination of the issue. De Venecia-Fabul endorsed the proposal for an investigation, emphasizing the need to address this matter.