Presyo ng bigas, posibleng bumaba pagsapit ng kapaskuhan -- DA | Saksi - video Dailymotion

GMA Integrated News

Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 11:00 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.  News updates on COVID-19 (coronavirus disease 2019) and the COVID-19 vaccine: https://www.gmanetwork.com/news/covid-19/  #Nakatutok24Oras  Breaking news and stories from the Philippines and abroad: GMA News and Public Affairs Portal: http://www.gmanews.tv Facebook: http://www.facebook.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

Transcript

00:00Due to the recovery of the export ban on rice in India,

00:04it is expected that rice will be cheaper during Christmas according to the Agriculture Department.

00:08Witnessed by Bernadette Reyes.

00:14The price of imported rice in this place of Oliver's in Quezon City

00:18was increased when the export ban of India was implemented in July 2023.

00:23When the Indian market closed,

00:26we used to sell rice at a retail price of Php 65 per kilo.

00:30Our business' capital was also affected.

00:33But the ban was repealed by India.

00:35This will help in reducing the price of rice,

00:37even if the percentage of rice imported by the Philippines from India is smaller

00:42compared to Vietnam and Thailand.

00:44Rice will be free up and more people will be able to trade in the whole world.

00:49Indian rice is also cheaper compared to Vietnamese rice.

00:54The price of international rice can be driven.

00:59According to the Department of Agriculture,

01:00aside from the increase of supplies in the international market,

01:03India is now open to export,

01:05which will also help to lower the price of rice in the country.

01:09In a moment, we will feel the effect of Executive Order No. 62

01:13where the tariff on imported rice was lowered by 15%.

01:17It's really slow.

01:19Because imagine, we were coming from Php 55 to Php 52 to Php 50.

01:24Now, we have seen Php 42 to Php 45.

01:27That's big.

01:28That's a very significant change in the drop in the price of rice.

01:32But we're still expecting that it can still go down.

01:34The effect of leaving India on the rice export ban will not be felt immediately,

01:39but it is possible that rice will become cheaper this Christmas.

01:42It will be another month that they will be able to save

01:45this Christmas time, this very month.

01:48Agri-Products will also monitor the markets

01:51so that no one will be left out,

01:52just like what happened to the millions of kilos of rice in the past.

01:56There will be no over-staying

01:58so that it's good to go in and out of the containers

02:03that contain agricultural commodities.

02:05More than 500 containers have been exported.

02:08There is another container that remains in Manila South Harbor for almost 300 days.

02:13According to the PPA,

02:15the terminal operator said that it will be endorsed by the BOC.

02:19For GMA Integrated News, Bernadette Reyes is your witness.

02:24Kapuso, let's be witnesses together!

02:28Subscribe to GMA Integrated News on YouTube.

02:30And for Kapuso Abroad,

02:32join us on GMA Pinoy TV and www.gmainews.tv.

02:45Transcription by ESO. Translation by —

Presyo ng bigas, posibleng bumaba pagsapit ng kapaskuhan -- DA | Saksi

Category

Transcript

Recommended