00:0058 pesos per kilo of imported rice can be bought from today
00:06because the maximum suggested retail price of imported rice is now effective.
00:12This is the update of Isaiah Mirafuentes of PTV.
00:17Live, Isaiah.
00:20Good news, Allan. 58 pesos.
00:22That's the most expensive price of imported rice in Metro Manila.
00:26That's what the Department of Agriculture said.
00:29Since today, the Department of Agriculture will take care of the maximum suggested retail price of imported rice.
00:38According to the DA, 58 pesos is the most expensive price of imported rice.
00:42Before this, the price of imported rice reached 65 pesos per family.
00:48Mandatory in the sense that because of the agreement,
00:54in a way, they are monitoring it because we will issue guidelines
00:59because as of now, we are still planning the guidelines.
01:03So maybe in a way, we will not implement the strictness yet.
01:10The government is also ensuring that supermarkets are following the prices of imported rice.
01:17Special rice varieties such as malagkit, Japanese rice, and black rice are not included in the policy.
01:23The MSRP has a nominal profit margin of 10 pesos per kilo in the landed cost of imported rice.
01:31Aside from this, the former 40 pesos of rice can now be bought by 38 pesos of rice in Cadiwa of Pangulo, Quiosque.
01:39These are the RFA25 or 25% broquena rice.
01:44Only 20 families sell 38 pesos per kilo of rice in the Philippines.
01:49Aside from the 38 pesos of rice, the 45 pesos of rice or 5% broken rice can also be bought in Cadiwa of Pangulo, Quiosque.
01:57The so-called solid rice is also available for 36 pesos.
02:02And the aging but good quality rice stock of NFA is for 29 pesos.
02:07The Department of Agriculture in Metro Manila is encouraging the mayors to make the cheap rice available
02:13by the government to all public and private markets in Metro Manila.
02:17The government also said that it is possible this week to have a resolution
02:22regarding the food security emergency that will be declared throughout the country.
02:28The basis of this food security emergency will be the rice shortage and the extraordinary increase in rice prices.
02:35So, there is no problem with the rice shortage.
02:38We don't have that scenario right now.
02:40What we are looking for is the extraordinary increase in prices.
02:47The DA is hoping that Cadiwa Stores will be expanded throughout Metro Manila.
02:51And through this project, they are also hoping that the price of rice will be lowered.
02:56Alan, I am here in the last public market.
02:59Around me, I noticed that the highest price of imported rice in this family is already 58 pesos.
03:05And the sellers are telling us that since last week, they have already followed the DA's plan.
03:12And aside from that, Alan, there is also Cadiwa of Pangulo, Quiosque here in Kamuning Public Market
03:17where they are selling rice for 40 pesos, 38 pesos, and 29 pesos.
03:23Let's wait for the update from Kamuning.
03:25Back to you, Alan.
03:26Thank you very much, Isaiah Mirafuentes of PTV.
