Mas murang bigas sa Pasko, mabibili kasunod ng pagbawi ng export ban sa bigas ng India | 24 Oras

last week

Good news! Sa nalalapit na Kapaskuhan, mas murang bigas na ang mabibili sa mga pamilihan, ayan sa Agriculture department.

24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.

#GMAIntegratedNews #GMANetwork #KapusoStream

Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.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

00:00Good news! As Christmas approaches, it will be cheaper to buy rice for families, according to the Agriculture Department.

00:09Why? Let's find out in this episode of Bernadette Reyes.

00:16The price of imported rice increased in this place of Oliver in Quezon City when the export ban was implemented in India in July 2023.

00:25The reason why the market in India closed is that we used to sell rice at a retail price of P65 per kilo.

00:32Our business' capital is also affected.

00:35But India has already repealed the ban.

00:37This will help in reducing the price of rice, even if the percentage of rice imported by the Philippines from India is smaller compared to Vietnam and Thailand.

00:47Rice will be free up and more people will be able to trade in the whole world.

00:52Indian rice is also cheaper compared to Vietnam.

00:56It can drive the price of international rice.

01:01According to the Department of Agriculture, in addition to increasing the supply in the international market,

01:06India is now open to export, which will help to lower the price of rice in the country.

01:12We can feel the effect of Executive Order No. 62 where the price of imported rice is lowered by 15%.

01:20It's really slow.

01:22Imagine, we were coming from P55 to P52, P50.

01:27Now, we can see P42 to P45.

01:30That's a big change.

01:31That's a very significant change in the drop in the price of rice.

01:35But we're still expecting that the price will go down.

01:37The effect of India's departure from the rice export ban will not be felt immediately.

01:41But it's possible that rice will become cheaper this Christmas.

01:45It will take another month.

01:47They will be able to save this Christmas time, this very month.

01:50Agri-Products will also monitor the stores so that no one will be able to sell,

01:55just like what happened to the millions of kilos of rice in the past.

01:58There will be no overstaying.

02:02It's good to have containers that contain agricultural commodities.

02:08More than 500 containers have been exported.

02:11There is another container that has been staying in Manila South Harbor for almost 300 days.

02:16According to the PPA, the terminal operator said that it will be endorsed by the BOC.

02:22For GMA Integrated News, Bernadette Reyes, Nakatuto, 24 Hours.

02:31.

Mas murang bigas sa Pasko, mabibili kasunod ng pagbawi ng export ban sa bigas ng India | 24 Oras

Category

Transcript

Recommended