00:00Aside from the Noche Vena items, the price of rice is still cheap for those who are looking for Mami Mili.
00:05How is the price in the market?
00:08Live from Pasig City, we have the first news, EJ Gomez.
00:12EJ, how much is it per kilo?
00:16Egan, yes you're right.
00:20Many Filipinos are looking for cheap rice,
00:23but the price of rice that can be bought in the market is still high.
00:29Despite the many steps that the government is taking.
00:34Here in Pasig Mega Market, according to some vendors,
00:37the price of rice is starting to rise again from their suppliers.
00:45Until now, many Filipinos are hoping for 20 pesos per kilo of rice
00:49that was promised by the Marcos administration.
00:52Just like Nanay Lucy, who buys rice for her canteen every day.
00:57It's a big help, especially for those who can't afford to buy rice at that price,
01:03which is P58.60.
01:05Eli said that the cost of buying rice will be reduced
01:09if the price of rice per kilo is 20 pesos,
01:12which he can buy at almost P60.00 now.
01:15If you buy rice at P58.00,
01:19the remaining P30.00 can be bought for other things.
01:25But the 20 pesos per kilo of rice is still a dream for now.
01:30For now, I don't think the 20 pesos per kilo will happen.
01:36At P30.00, we still can't reach P20.00 per kilo.
01:41The government is doing everything to lower the price of rice in the market.
01:46Executive Order No. 62 reduces the price of imported rice from 15% to 35%
01:53in order to lower the price for consumers.
01:56But it didn't happen, according to the NEDA, or National Economic Development Authority.
02:02Rice imports are increasing in the country,
02:04and it seems that the price of rice will change in wholesale and retail markets.
02:09According to the Agriculture Department,
02:12the price of each kilo of rice ranges from P43.00 to P59.00, depending on the class.
02:19Here in Pasig Megamarket,
02:21ordinary local rice costs P48.00 to P54.00,
02:25while premium rice costs P52.00 to P65.00 per kilo.
02:30Imported rice is sold for P56.00 to P58.00 per kilo.
02:35According to Tinderang Si Ina,
02:37prices are starting to rise again for their suppliers.
02:41The cheapest rice costs P40.00 per kilo,
02:45but many refuse because of its poor quality.
02:49There's a chance that it's worse,
02:52and you don't know if you can still eat it,
02:58or if you can still feed it to your family.
03:08According to Tindera,
03:11the rise in the price of rice from their suppliers
03:14is due to the provinces of Bulacan, Isabela, and Nueva Ecija.
03:19Mami Mili said that if the price of P20.00 per kilo of rice can be reached,
03:24the government should be able to produce P30.00
03:28so that Filipino families can afford to buy more rice.
03:34That's the first news from Pasig City.
03:37EJ Gomez for GMA Integrated News.
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