D.A., may sasampulan na kumpanya dahil sa umano’y paglabag sa Anti-Agricultural Economic Sabotage Act

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Transcript

00:00The Agriculture Department is now suing a company involved in smuggling and hoarding of agri-products in the country.

00:08The center of the news is from Allan Francisco.

00:13The Department of Agriculture has already filed a case after falling victim to Anti-Agricultural Economic Sabotage or Republic Act No. 12022.

00:24The purpose of this law is to impose a heavier punishment against smugglers and hoarders of agri-products in the country, including the cartel.

00:35In the program Mike Abilive, Agriculture Assistant Secretary Spokesperson Arnel Demesa said,

00:41even though it cannot be announced for now, but they have already denied the name of the company.

00:49We will announce it and our President will be prosecuted for smuggling, profiteering, and hoarding.

00:58The proposed law is just one of the steps of the government to ensure food security or enough food for Filipinos.

01:06Aside from this law, Republic Act No. 12078 or the law that amends the Rice Tarification Law is also included.

01:16It is stated here that the Department of Agriculture has the power to declare a food security emergency on rice

01:23due to a lack of supply or an extraordinary increase in its price.

01:28We don't have a problem with the supply. Our supply is good even though the local production is decreasing.

01:32We have a lot of imported rice.

01:35When it comes to the price, we know that our government and our President have made a lot of interventions.

01:46Despite this, there are still some wholesale retailers whose prices are still rising.

01:54That is why the National Price Coordinating Council recommended to the DA that there should be a food security emergency

02:01so that the price of rice can really go down.

02:04Second, the stocks of NFA should be released so that it can be bought again.

02:13If there is rice, it can be imported to the market.

02:17Meanwhile, another thing the government is doing according to ASEC-Demesa

02:21is to implement the maximum suggested retail price for imported rice.

02:26For now, this is only for Metro Manila.

02:29But once they have secured the process, there will also be MSRP for other types of rice and outside the National Capital Region.

02:39This is for the imported premium rice.

02:43This is the 5% broken.

02:46This started when we announced last week at Php 58.

02:52We expect that it will remain at Php 550 or lower.

02:58Php 550 per metric tons is the 5% imported rice.

03:04It can still go down to Php 49 as announced by Secretary Kiko Chu Laurel, Jr.

03:11We will have a two-week regular periodic review.

03:17According to the calculation, it can still go down to Php 49.

03:23Alan Francisco for Pamansang TV in Bagong, Philippines.

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