• 5 months ago
Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00Let's take a look at the price of rice in the labor market.
00:04Live from Manila, we have the first news, Shomer Apresco.
00:07Shomer, how much is it now?
00:13Maris, good morning. The price of rice is not fluctuating.
00:16That's what some rice retailers said when I talked to them here in the labor market in Manila.
00:21The price of rice is still high in our hearts this month of July.
00:31The price of rice is still not fluctuating compared to the past two months.
00:36In fact, here in the labor market in Manila,
00:39the price of well-milled rice was reduced by only P4 per kilo since April.
00:45Before, there was no P50, no P48, but now there is.
00:48However, there are also some rice here where the price of regular milled and well-milled rice is the same.
00:54It is noteworthy that the price of imported rice is reduced.
00:59It is reduced from P100 to P150 per sack of 25 kilos of rice,
01:06which is equivalent to P4 to P6 per kilo.
01:09It is expected that the price of rice will really decrease in the coming month of September.
01:15It depends. If there are a lot of stocks and a lot of imported rice arrives,
01:19it is possible that the price will not change and it will still go down.
01:22Although the price is high, the public is more fond of well-milled rice that is P60 per kilo.
01:29If the retailers will ask, they prefer to return the price ceiling to rice.
01:34This is the Executive Order No. 39 of last year,
01:37where the regular milled was only P41 while the well-milled was P45.
01:44It would be better to have that, but with the current price, that price is not yet acceptable.
01:53Meanwhile, Maris, there are some retailers here who will buy more rice per sack
01:58so that it can be saved in any way compared to the price of rice that is sold per kilo.
02:04That is the latest from Manila. I am Jomer Apresto for GMA Integrated News.
02:10Kapuso, for the latest news, subscribe to GMA Integrated News on YouTube.
02:16For Kapuso Abroad, follow us on GMA Pinoy TV and www.gmanews.tv.

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