Epektibo na nga ang price ceiling sa ilang klase ng bigas ngayong araw. Magkano na kaya ang presyo ngayon?
Balita Ko is a noontime GMA Network newscast, anchored by Raffy Tima and Connie Sison. It airs on GTV Mondays to Fridays at 11:00 AM (PHL Time).
#GMAIntegratedNews #KapusoStream
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews
GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
Balita Ko is a noontime GMA Network newscast, anchored by Raffy Tima and Connie Sison. It airs on GTV Mondays to Fridays at 11:00 AM (PHL Time).
#GMAIntegratedNews #KapusoStream
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews
GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
Category
🗞
NewsTranscript
00:00 [music]
00:07 Here it is, the price ceiling of rice is now effective for several types of rice nowadays.
00:12 That's right.
00:13 How much is it now, Rocky? Did you go around?
00:15 Regular milled rice should be up to Php 41 per kilo and up to Php 45 for well-milled rice.
00:21 That's why in the Blooming Street Market in Manila, rice is sold in bulk to keep up with the price cap.
00:28 According to some sellers, they haven't sold regular milled and well-milled rice for a long time because there's no more supply.
00:35 That's why they sell premium grade, special and imported rice, just like what Rocky reported yesterday.
00:40 That's right.
00:41 And I heard that in Marikina Market, no one sells rice that meets the price cap.
00:48 Jolly rice is the first to be sold, Php 48 per kilo.
00:53 And the most expensive is the Japanese rice, Php 63 per kilo.
00:58 Super Radio DZ BB went around to some markets in Quezon City, particularly in Munoz Market.
01:04 They sell rice in bulk there.
01:07 They were forced to open a store because they are being paid for their position in the market.
01:14 Oh my!
01:15 That's why the government went around Quezon City and San Juan to see if the price ceiling of rice is up to the mark.
01:25 Let's see the live report of Mackie Pulido.
01:28 Mackie.
01:30 You know, this is behind me.
01:35 This is just a temporary management position of Mega Q Mart.
01:38 But their stock is running out.
01:41 They will sell again tomorrow.
01:43 But earlier, the line was long.
01:46 They were selling their stock for Php 45.
01:49 But this is a special rice.
01:51 For the regular price, they will sell it for Php 60.
01:56 So, the management of Mega Q Mart sold their stock because they thought that no one will open a store here in Mega Q Mart on the first day of the price cap.
02:09 But before the inter-agency inspection arrived, the first day of the price cap, some stores opened.
02:17 At 8 in the morning, the inspection was conducted with the officials of DTI, DA, DILG, MMDA, and LGU.
02:26 A rice retailer in Mega Q Mart said that they are still looking for a supply that is a bit cheaper per cabin.
02:34 So that it can be sold at a price of Php 41 or Php 45.
02:41 But they were asked to open.
02:43 So, like other rice retailers in other markets, they were forced to sell their stock.
02:49 The position of the store manager cannot say how long they can sell their stock.
02:55 They sell at a price of Php 45, well-milled.
02:59 For the regular price, it should be Php 52.
03:03 They sell at a price of Php 41, regular milled.
03:07 It should be Php 50.
03:09 It is limited.
03:10 When they were selling earlier, it was limited to 3 to 5 kilos per customer.
03:15 In Agora Market in Maisan Juan, they got a cheaper supply.
03:20 But they were selling at a price of Php 41.
03:25 In one place, the regular milled is yellow in color, the grain.
03:28 In another place, the stock is crushed.
03:33 Because there is a price of Php 41 and Php 45 per kilo of rice, a lot of people bought it.
03:39 Because they are buying it for more than Php 50.
03:43 One of our customers said that even if the rice he was buying was crushed,
03:49 he can sell it for more than the next salary.
03:53 If he can buy more expensive rice per kilo.
03:58 The DILG blames the price manipulators and hoarders for raising the price of rice.
04:05 But when we asked the DILG, they cannot say who are these people
04:11 because they are still investigating.
04:13 Connie, Rafi.
04:14 Mackie, the President mentioned yesterday that he will give help to rice retailers.
04:19 What is your news on that?
04:20 There is something.
04:25 That is what the officials are saying that the markets are going around.
04:31 It is not yet clear how the mechanism is.
04:35 What was mentioned by DILG Secretary Ben Herabalos is that the names of affected rice retailers are being listed.
04:44 So, their help is for the Grains Association to be the LGU to list the rice retailers.
04:51 Secretary Herabalos did not mention how much he will give to the affected.
04:57 But what was mentioned by Agriculture Undersecretary Domingo Panganiban is that each rice retailer affected will receive P15,000.
05:08 Oh, that is a big help.
05:09 It is a big help.
05:10 But they said it is P2 billion.
05:13 They will look for a fund for that.
05:15 Thank you very much.
05:16 Thank you very much, Mackie Pulido.
05:18 I heard from Ilocos Sur that some retailers are discussing about giving them events.
05:25 There are rice that are priced this way before.
05:28 Yes, they will be in loss because of the price ceiling.
05:32 We have live news from Ivy Hernando of GMA Region TV 1 North Central Zone.
05:36 Ivy, what is the news there?
05:38 Connie Rafi, the vegan city at Candon City, which has the biggest public market in Ilocos Sur,
05:48 is the first in monitoring or inspection of DTI, along with the provincial agriculture, DILG, and city government.
05:57 Today, the price ceiling was implemented under Executive Order No. 39.
06:05 P41 per kilo for regular milled rice and P45 per kilo for well-milled rice.
06:11 Retailers have a feeling that their business is in loss.
06:15 According to retailers, if P1,200 is bought for P25 per kilo of regular milled rice,
06:22 P48 is the price per kilo.
06:25 There is no price for that yet.
06:27 But if it is sold for P45, what will happen to the price ceiling?
06:32 P75 will be lost.
06:34 There is no profit, and the business is in loss.
06:37 Retailers have been discussing with DTI's officials to give them their previous price.
06:43 But DTI has calmed down.
06:45 They will issue a shocker's order for those who will not comply with the price.
06:50 Connie Rafi?
06:51 Ivy, what is the sentiment of the farmers there regarding this issue?
06:56 Rafi, I heard from the farmers we talked to earlier that they understand the situation of the retailers.
07:07 The current possible farm gate price of rice is P12 to P15 per kilo.
07:15 That is a low price, but they have already agreed to sell it to the traders
07:19 so that they can have a source of income for their next crop.
07:23 Meanwhile, I, Rafi, was pleased to hear that the farmers will choose the low price of rice in the market.
07:29 That is also contrary to the feelings of the retailers because the price is low.
07:35 It is impossible for them to close their shop because they cannot afford to pay the rent in the market from their previous income.
07:43 Connie Rafi?
07:44 It is their own sacrifice, but I hope there is help.
07:47 Thank you very much, Ivy Hernando of GMA Regional TV 1 in North Central Luzon.