Latest news with #MadaniMSMEDigitalGrantFestival2025
The Star
2 days ago
- Business
- The Star
Govt considering new law to tackle ticket scalping
JOHOR BARU: The Communications Ministry will hold discussions with the Domestic Trade and Cost of Living Ministry to address the growing issue of concert ticket scalping at inflated prices, says Deputy Communications Minister Teo Nie Ching. She said the latter ministry is currently reviewing the matter, including the possibility of introducing a Bill to tackle the matter. 'The Communications Ministry has also engaged with event organisers and ticketing companies to find the most suitable solution to this issue,' she told a press conference at the Johor leg of the Madani MSME Digital Grant Festival 2025 in Permas Jaya here yesterday. Teo said the problem is most common at high-profile international concerts, such as that of South Korean superstar G-Dragon, where soaring demand allows scalpers to resell tickets at heavily marked-up prices, reported Bernama. Last Friday, Teo chaired a meet ing with representatives from the Domestic Trade and Cost of Living Ministry and the Malaysian Communications and Multimedia Commission (MCMC) to address the growing concern of ticket scalping, which is hurting the country's entertainment industry. She said the session gathered input and proposals from agencies directly involved in monitoring and enforcing concert ticket sales, while also looking at examples from countries with anti-scalping laws. On a separate matter, Teo said MCMC removed 2,033 advertisements related to products and services not authorised by the Health Ministry and other agencies from the start of this year until Aug 1. She said the move followed 2,283 complaints received during the period, with the removal of such ads having been carried out since 2022. 'In 2022, MCMC received eight complaints and removed all related ads. In 2023, 439 complaints were received and 390 ads were removed. 'In 2024, MCMC received 3,312 complaints and took down 1,643 unauthorised online ads.' Teo said her ministry constantly works with the Health Ministry on false medicine or health service advertisements, as the latter has the expertise to identify such cases. 'When we receive a complaint from (them), MCMC will notify social media platform providers to take down the advertisement if it is unauthorised. 'However, if a complaint is received from the public, for example one involving fake medicines, we will refer it to the Health Ministry for verification before further action is taken.'
New Straits Times
2 days ago
- Business
- New Straits Times
Anti-ticket scalping law mulled as fans cry foul over high concert tickets
JOHOR BARU: The Communications Ministry will hold discussions with the Domestic Trade and Cost of Living Ministry to address the growing problem of concert ticket scalping, including the possibility of introducing an anti-scalping law. Deputy Communications Minister Teo Nie Ching said complaints have poured in over tickets being resold at up to five times their original price, especially for international acts performing in Malaysia. "This issue surfaces every time a big-name international artiste holds a concert here. We will engage with the domestic trade ministry, event organisers, and e-ticketing companies to find the most suitable solution," she said after launching the Johor-level Madani MSME Digital Grant Festival 2025 in Permas Jaya today. Citing the recent G-Dragon concert, Teo said some fans paid five times the face value due to overwhelming demand, with scalpers bulk-buying and reselling tickets at inflated prices. She added that the Domestic Trade and Cost of Living Ministry was studying the matter and that lessons could be drawn from countries that have implemented anti-scalping legislation.
New Straits Times
3 days ago
- Entertainment
- New Straits Times
Govt mulls Bill to curb concert ticket scalping
JOHOR BARU: The government is considering introducing a Bill to address the growing problem of concert ticket scalping at inflated prices, said Deputy Communications Minister Teo Nie Ching. She said the proposal is among several options being explored by the Domestic Trade and Cost of Living Ministry (KPDN) as a solution to the issue. Teo added that the Communications Ministry will hold discussions with KPDN to address the problem. "The Communications Ministry has also engaged with event organisers and ticketing companies to find the most suitable solution to this issue," she said at a press conference for the Johor leg of the Madani MSME Digital Grant Festival 2025 in Permas Jaya today. Teo said the problem is most prevalent at high-profile international concerts, such as G-Dragon's, where soaring demand enables scalpers to resell tickets at heavily marked-up prices. Last Friday, she chaired a meeting with representatives from KPDN and the Malaysian Communications and Multimedia Commission (MCMC) to address the matter, which she said was hurting the country's entertainment industry. The session gathered input and proposals from agencies directly involved in monitoring and enforcing concert ticket sales, while also examining examples from countries with anti-scalping laws. On a separate matter, Teo said MCMC removed 2,033 advertisements for products and services not authorised by the Health Ministry (MoH) and other agencies from the start of this year until Aug 1. She said the move followed 2,283 complaints received during the period, with such removals having been carried out since 2022. "In 2022, MCMC received eight complaints and removed all related ads. In 2023, 439 complaints were received and 390 ads were removed. "Meanwhile, in 2024, MCMC received 3,312 complaints and took down 1,643 unauthorised online ads," she said. Teo said her ministry works closely with the MoH on false medicine or health service advertisements, as the MoH has the expertise to identify such cases. "When we receive a complaint from the MOH, MCMC will notify social media platform providers to take the advertisement down if it is unauthorised. "However, if a complaint is received from the public, for example involving fake medicines, we will refer it to the MoH for verification before further action is taken," she said.
The Star
3 days ago
- Business
- The Star
Govt working to combat concert ticket scalping
JOHOR BARU: The Communications Ministry will hold discussions with the Domestic Trade and Cost of Living Ministry to address the growing issue of concert ticket scalping at inflated prices. Deputy Communications Minister Teo Nie Ching said the Domestic Trade and Cost of Living Ministry was currently reviewing the matter, including the possibility of introducing a Bill to tackle the matter. "The Communications Ministry has also engaged with event organisers and ticketing companies to find the most suitable solution to this issue,' she said at a press conference for the Johor leg of the Madani MSME Digital Grant Festival 2025 in Permas Jaya on Sunday (Aug 10). Teo said the problem is most common at high-profile international concerts, such as G-Dragon's, where soaring demand allows scalpers to resell tickets at heavily marked-up prices. Last Friday, Teo chaired a meeting with representatives from the Domestic Trade and Cost of Living Ministry and the Malaysian Communications and Multimedia Commission (MCMC) to address the growing concern of ticket scalping, which is hurting the country's entertainment industry. She said the session gathered input and proposals from agencies directly involved in monitoring and enforcing concert ticket sales, while also examining examples from countries with anti-scalping laws.- Bernama
