#GMAIntegratedNews #KapusoStream
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
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GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
Twitter: http://www.twitter.com/gmanews
Instagram: http://www.instagram.com/gmanews
GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00 [Music]
00:06 Here is the news from GMA Integrated Loots.
00:09 The price of rice may drop.
00:13 This is followed by the approval of the NEDA Board to lower the price of rice from 15% to 35%.
00:21 This will be irrelevant until 2028.
00:23 According to the calculation of the head of the Philippine Statistics Authority, Claire Dennis Mapa,
00:28 the price of rice may reach Php 6 to Php 7 per kilo.
00:32 This will have a big effect on lowering the inflation or the speed of rice pricing
00:37 compared to the overall inflation.
00:39 But, the exchange rate of Pesos and Dollars in the retail prices of imported rice should also be considered.
00:46 Here is another news from GMA Integrated Loots.
00:52 The inflation rate or the rate of the price of products and services in the country has increased to 3.9% this May.
00:59 More than 150 farmers were gifted with the illegal cogo hub in Porac, Pampanga.
01:07 And in 24 hours, the flood came from the volcano Canlaon.
01:14 For a bigger mission and a wider service to the country, I am Darlene Cai of GMA Integrated Loots,
01:21 the Philippines' news authority.
01:23 [outro music]