Lugi ng mga retailer dahil sa limitasyon sa presyong bigas, tutumbasan ng tulong – Pres. Marcos | 24 Oras - video Dailymotion

GMA Integrated News

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Transcript

00:00 Despite the complaints of some rice sellers, the President's order to impose a price cap was implemented.

00:09 The price will start tomorrow.

00:11 The President also said that the government will help any retailers who will be affected.

00:16 He said that before he traveled to Indonesia where he will support the development of the country in ASEAN.

00:23 And here is the statement of Ian Cruz.

00:29 We cannot see a good reason why the price of rice will increase.

00:37 The President's order to implement the price cap was implemented.

00:40 He ordered to control the price of rice up to P41 per kilo of regular rice and P45 per kilo of well-milled rice.

00:49 According to Rosana Panghimasuka, the free market of the market, but she...

00:54 P50 per kilo is exceeding. The only reason for this is that smugglers and hoarders are there.

01:06 The smugglers and hoarders of rice are continuously being caught.

01:10 And the price ceiling is temporary because rice is already harvested and there is an import of rice.

01:17 It will be imported at the same time and we will see that as soon as we put it, we will bring it to the market.

01:24 We will let the price of rice find its own price.

01:29 The supply is expected to be good for the second week of September.

01:33 But while it is not there, there is help that will reach the retailers who will be affected because of the price cap.

01:40 Our DTI, our Department of Agriculture, is making a list of our rice retailers.

01:50 We are also calculating what will be the loss of the rice retailers.

01:56 We will give them help, equal help.

02:00 The immediate relief and the immediate payout so that we can ensure that our countrymen, the small retailers, will not be affected completely.

02:09 House Speaker Martin Rumualdez ordered the House Committee on Appropriations to find where they can get the 2 billion Pesos in fund of help for rice retailers.

02:20 Before going to Indonesia, a help was brought by the President of Malacanang to discuss the welfare of the affected rice retailers.

02:29 Now he is in Jakarta, Indonesia for the 43rd ASEAN Summit and Related Summits.

02:35 The President will promote the welfare of the Philippines in ASEAN, especially to the affected regions.

02:42 My participation will highlight our advocacy in promoting a rules-based international order, including in the South China Sea.

02:51 Strengthening food security, calling for climate justice, tapping the potential of the digital and creative economies.

03:00 Protecting migrant workers in crisis situations as well as combating trafficking in persons.

03:08 For GMA Integrated News, Ian Cruz speaking for 24 Hours.

03:13 [News Anchor]

03:28 [BLANK_AUDIO]

Lugi ng mga retailer dahil sa limitasyon sa presyong bigas, tutumbasan ng tulong – Pres. Marcos | 24 Oras

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