00:00The price of rice has been lowered. It can now be bought from Kadiwa Stores starting today.
00:06The Agriculture Department and Department of Trade and Industry have inspected the rice
00:13to ensure that it follows the maximum SRP for imported rice.
00:18Venn Custodio of PTV in Balitang Pambansa, live.
00:22Princess, the Department of Agriculture will continue to work to lower the price of rice
00:32as per the directive of President Ferdinand R. Marcos, Jr. in Food Security.
00:52For the new price of rice for all, RFA 5 or 5% broken rice can be bought for P43 from the previous price of P45 per kilo.
01:08RFA 25 or 25% broken rice can be bought for P35 per kilo from the previous price of P38.
01:17RFA 100 or 100% broken rice can be bought for P33 per kilo from the previous price of P33 per kilo.
01:25The price of rice in the world market has been lowered.
01:30According to the Commonwealth Market, the maximum suggested retail price of 5% broken imported rice
01:36is based on the joint inspection of the DA and Department of Trade and Industry earlier.
01:40We saw today that the rice is following the MSRP.
01:47There are 55, 54, 45, 42, 40.
01:54Those are good signals.
01:59While more than 25 LGUs have given interest to the DA to buy and sell NFA rice
02:09after the declaration of the National Food Security Emergency in Pigas last week.
02:14One of them is the Quezon City LGU, which plans to direct the NFA to rice LG retailers
02:19to avoid going to the middlemen of NFA rice.
02:23150 Kadiwasais are also selling NFA rice.
02:27450 to 550 NFA rice retailers are the target of the DA to sell broken rice before the end of the year.
02:35Meanwhile, the DA and DTI will continue to consult the groceries
02:40to comply with the lowering of the price of rice that may be fulfilled in March.
02:46The DTI will strictly monitor and enforce the prices given by the DA that should be enforced on rice.
02:57Princess, aside from rice, the price of tomatoes here in the Commonwealth Market is also decreasing
03:02that can only be bought for P33 per kilo.
03:05The price of chicken is also decreasing to P130 per kilo
03:09from the previous P180 price last December.
03:13Reporting from People's Television Network, Vel Custodio, Balitang Pambansa.
03:19Thank you very much, Vel Custodio.
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