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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NewsTranscript
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00:33 It is necessary to discuss if there are laws that should be amended or repealed and if new laws are needed.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)