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NewsTranscript
00:00The Department of Agriculture said that the price of rice will continue to fall as the new year approaches.
00:10According to Associate Secretary Francisco T. Laurel, Jr., he estimates that the price of rice will fall from 5 to 7 pesos per kilo in January.
00:19He said that this is due to the effect of lowering the price of imported rice from 35 percent to 15 percent.
00:27President Bongbong Marcos is also positive that the price will continue to fall just like what is happening in other countries.
00:33In ASEAN, based on the latest price monitoring of the DA in Metro Manila,
00:38the price of local well-milled rice per kilo is from Php 47 to Php 55, while regular milled rice is from Php 45 to Php 50.
00:49For imported rice, well-milled rice is from Php 45 to Php 55, while regular milled rice is from Php 42 to Php 48.
01:19.