• 7 months ago
Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00 The increase in the price of some products was discussed in the meeting of some congressmen and stakeholders in the Chamber.
00:07 The producers said that there is no increase in the farm gate price of the products.
00:12 But when it comes to the market, the price of the products increased in the past months.
00:17 The laws are now enough, but most of the time, they are not implemented.
00:21 IKEA House Speaker Martin Romualdez will have a general review of the laws related to agricultural producers, manufacturers and traders.
00:33 It is necessary to discuss if there are laws that should be amended or repealed and if new laws are needed.
00:40 ACT-CIS Party Representative Erwin Tulfo said that this is included in the discussions in the opening of the session of the Chamber.
00:49 The Department of Agriculture is open to the Congress' plan.
00:53 According to the Group of Industrial Agriculturalists, there should be no increase in the retail price because there is no increase in the farm gate price.
01:02 According to the Philippine Amalgamated Supermarkets Association,
01:05 despite the increase in the price of the products, retailers are the main cause, labor cost and electricity.
01:14 Those who buy items which are not basic or prime commodities, they still feel that there is not much profit even if they improve.
01:24 The few things which affect a retailer is number one, the production cost.
01:30 If they increase, we will also increase.
01:33 What we are saying is that for the past four years, the price of rice, pork and chicken has been low,
01:40 yet the retail price did not go down.
01:44 What we are saying is that the lens of NEDA is always on imports as a solution to lower prices.
01:52 This has not happened for the past four years.
01:56 (music)

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