DA at DTI, nagsagawa ng special price and supply monitoring sa Trabajo market sa Sampaloc, Manila

PTVPhilippines

DA at DTI, nagsagawa ng special price and supply monitoring sa Trabajo market sa Sampaloc, Manila  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00He was also urged by several government agencies to focus on the implementation of the Maximum Suggested Retail Price.

00:07The Department of Agriculture was also able to issue guidelines for the period of compliance.

00:13Vel Custodio was at the center of the news.

00:18Officials from the Department of Agriculture and the Department of Trade and Industry

00:23to carry out a special price and supply monitoring for the primary buyers in Trabajo Market, Sampaloc, Manila.

00:30This is also in line with the implementation of the Maximum Suggested Retail Price of Php 58 per kilo of imported rice.

00:38But in the circulation of the DA and DTI, there are still some rice sellers who sell up to Php 60 per kilo of rice.

00:46It depends on the seller.

00:48They just let the old supply run out and they will also replace the rice at a lower price when the old stocks run out.

00:56That's also what our secretary said.

00:59That's why she didn't implement it right away because she knows that we still have stocks.

01:04So what we expect is that within the next few days or weeks, we can strictly implement the Php 58.

01:14It's still going down. So we really need to have an adjustment period.

01:19We'll give them enough time to renegotiate their stocks now and to their supplier.

01:26But eventually, in two weeks' time, we'll have another round.

01:32The guidelines of the Department of Agriculture and the Department of Trade and Industry for the period of compliance have been issued.

01:38Aside from rice, agencies are also evaluating the price of other primary products.

01:43We noticed that the price of meat here is a bit high compared to other markets that we monitor.

01:50We're looking at it. Maybe there's an effect on the rent or something. That's what we're looking at.

01:59Meanwhile, it's possible for the DA to declare a food security emergency and they're just waiting for a resolution to be issued for this.

02:08The food security emergency has two parts. First, it can help lower the price of rice.

02:15Second, the NFA stocks can be issued and these stocks are lower.

02:20We expect that it will be issued at Php 38 per kilo.

02:23So its volume is big and it has an effect on lowering the price.

02:28After receiving the resolution, the food security emergency can be declared.

02:34We're checking it now because we also have to give time to the DA due diligence for the review.

02:41As pronounced by the Secretary, if the review is good, then he will make the necessary action as soon as possible.

02:50The DA will continue to assist local government units for the implementation and monitoring of the correct price in the market.

02:58Vel Custodio for Pagpansang TV in Bawang, Philippines.

Category

Transcript

Recommended