Why a Milk Tea Costs ₱150 in Manila but $8 in New York
Order a wintermelon milk tea at a mall kiosk in Quezon City and you’ll hand over somewhere around ₱140. Order what looks like the same drink in Flushing, Queens, and you’ll pay close to $8 — roughly ₱470 at current rates. Three times the price. Same cup size. Same pearls, if you want them. It’s…