DTI, pinagaaralang alisin ang price cap sa bigas sa loob ng 2-3 linggo | UB
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Transcript
00:00 The Department of Trade and Industry, DTI, is studying if it's possible to remove the price cap on rice within two to three weeks.
00:07 This weekend, the distribution of aid to rice sellers will begin.
00:11 Here's the first news, Maki Pulido.
00:14 95 percent of the compliance rate of retailers on price ceiling is being implemented by the government for rice, according to the Department of Agriculture.
00:26 According to Alan Gatos of Super Radio-DZBB, the DA and NFA are visiting the store every day to test the rice being sold.
00:34 This store in Muntinlupa follows the price ceiling, but they are saying that the price is high for the buyers.
00:41 They are losing out on the 45 pesos they sold for well-milled rice because the average price is 48 pesos per kilo.
00:47 So only one kilo can be bought per customer.
00:50 If we are to sell rice for Puhunan, we need to sell at least 50.
00:58 We are suffering from the sale of Paluge. We are losing out.
01:04 In this store, 39 pesos per kilo is being sold.
01:08 We are just going back to Puhunan. We will just compensate for the other rice.
01:12 According to DTI, the government will look into removing the price ceiling within two to three weeks.
01:18 This weekend, the payout of up to 15,000 pesos for rice retailers is possible, but not all of it can be given to a country.
01:27 It depends on the list of retailer associations and who is verified.
01:31 Those who are verified can be accepted to the list of associations and registered in the LGU.
01:37 There is no need for receipt or proof of purchase.
01:40 If you compute, imagine you're talking about more than 50,000 retailers and you are asked for receipts, how much they bought.
01:51 According to the U.S. Department of Agriculture, the sixth largest consumer of rice in the Philippines.
01:58 We are also the second largest importer of rice in Southeast Asia and the second largest importer of rice in the world.
02:06 India is the largest exporter of rice in the world. Even if the rice is mixed, it is exported by the next three largest exporters.
02:15 It cannot be compared to the rice exported by India.
02:18 The export ban was implemented by India on a type of rice since July.
02:23 One of the reasons why the price ceiling for rice in the Philippines was implemented.
02:28 The talk of rice has reached the ASEAN Summit.
02:31 Vietnam's promise in talking to President Bongbong Marcos is that they will sell at a low price.
02:37 According to the Philippine Statistics Authority, almost 85 percent of the rice we imported in 2021 came from Vietnam.
02:44 We look forward to having a stable framework of cooperation of rice trade for a long period of at least five years.
02:58 Agriculture is also one of the President's goals for the new Prime Minister of Cambodia,
03:03 where the Philippines imported 2,500 tons of rice this May.
03:08 In the face of what we are anticipating in terms of the adenium and the drought that it brings, we hope that we can find an agreement.
03:25 This is the first news. Macky Pulido for GMA Integrated News.
03:31 Igan, you are the first in the news. Subscribe to GMA Integrated News on YouTube.
03:36 To all the listeners abroad, follow us on GMA Pinoy TV and www.gmanews.tv.
03:43 [Music]