Saksi is GMA Network's late-night newscast hosted by Arnold Clavio and Pia Arcangel. It airs Mondays to Fridays at 10:20 PM (PHL Time) on GMA-7. For more videos from Saksi, visit http://www.gmanews.tv/saksi.
#GMAIntegratedNews #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
#GMAIntegratedNews #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
Category
🗞
NewsTranscript
00:00The Department of Agriculture plans to implement the Maximum Suggested Retail Price, or MSRP, on imported rice before the end of January.
00:09Tomatoes still reach Php 400 per kilo in some families.
00:14Let's take a look.
00:19Tomato plantations in Bungabon, Nueva Ecija are closed.
00:24Because of the recent floods, only a few remained.
00:30Almost all of its leaves were destroyed.
00:33So we just planted more rice.
00:36We planted more rice to make it bigger.
00:39We planted more rice to make it bigger.
00:42You spent more money to make it better?
00:44Yes.
00:45It's like a new beginning.
00:47Because of the floods, many of their companions stopped farming.
00:53They don't come back because the tomatoes are expensive.
00:57The reason is the reduced supply, which is why tomatoes are expensive to sell.
01:03Its wholesale price is Php 170 to Php 180 in Sangitan Public Market in Cabanatuan City.
01:10There, some of the tomatoes are imported to other places such as Metro Manila, Cavite and Bulacan.
01:17Every kilo of tomatoes reaches Php 400 in Marikina Public Market.
01:23It's open to the public and the prices of other vegetables are also high.
01:27In the market in Tandang Sora, Quezon City,
01:30every kilo of tomatoes reaches Php 300.
01:34That's why Albert only bought two tomatoes for Php 20 each.
01:40The price of tomatoes is really high now.
01:42It's so expensive.
01:43That's why it's hard to earn money.
01:45Market vendors say that the sales are steady.
01:48That's why Vilma only bought two kilos of tomatoes to sell,
01:53instead of the previous ten kilos.
01:55They said that they were short of harvest.
02:00That's why.
02:01The floods passed by.
02:04The price of potatoes, carrots, bell peppers, onions and eggplants also increased.
02:09Because of a series of typhoons last year,
02:13it caused extensive damage to the crops in their vegetative and reproductive states,
02:19particularly in regions or areas producing these Solanaceous family crops
02:27like tomato, bell pepper and chili pepper.
02:31So in particular, region 2, region 5 and 4A.
02:36According to the Department of Agriculture,
02:38it is expected that the price of tomatoes and other types of vegetables will return to normal
02:43before the end of January or the beginning of February due to the continuation of production.
02:48According to some farmers in Nueva Ecija,
02:51they are expected to harvest their tomatoes from April to May.
02:56The price of imported rice will reach Php 65 per kilo in Kamuning Market.
03:03Retailers say that the supply is high now.
03:07You can't lower the price if the supply is high.
03:10They should lower the price.
03:13They should find a way.
03:14But the DA said that the price of imported rice should not reach Php 10 per kilo
03:20if there is no profiteering.
03:23There should be no Php 60 rice imported in the market.
03:27Php 60 imported rice is already profiteering in my opinion.
03:32They plan to implement the Maximum Suggested Retail Price or MSRP on imported rice before the end of January.
03:41It's not a suggestion.
03:42It's like we are saying that this should be the maximum price.
03:47But it's not a price cap.
03:49We will be coming up with the Maximum Suggested Retail Price system very soon.
03:54The DA will cooperate with rice importers, retailers and other government agencies
04:00to set the MSRP on imported rice,
04:04where it will be implemented,
04:06and what will be the consequences of its violations.
04:10For GMA Integrated News,
04:12I am Tina Panganiban Perez, your witness.
04:17Dear viewers, be the first to watch.
04:19Subscribe to GMA Integrated News on YouTube for more news.
04:30GMA Integrated News