3 panukala, isinabatas ni PBBM ngayong umaga kabilang ang pag-amyenda sa Rice Tariffication Law

2 days ago

Balitanghali is the daily noontime newscast of GTV anchored by Raffy Tima and Connie Sison. It airs Mondays to Fridays at 11:00 AM (PHL Time). For more videos from Balitanghali, visit http://www.gmanews.tv/balitanghali.

#GMAIntegratedNews #GMANetwork #KapusoStream

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

Transcript

00:00President Bongbong Marcos passed three bills today. Let's talk about the details on the spot with Ivan Mayrina. Ivan.

00:10Yes Raffy, three bills were passed in Palacanang, Malacanang this morning. The first is the amendment to the Rice Tariffication Law.

00:18The second bill is the one that will pass the DOT Refund Program for Non-Resident Tourists.

00:22The third is the Basic Education, Mental Health and Well-Being Promotion Act.

00:26The amendments to the Rice Tariffication Law are important. The increase of the Rice Competitiveness Enhancement Fund of ARCEP from P10 billion per year,

00:35this was made to P30 billion per year. The program was extended until 2031.

00:40This is a big help for mechanization and investment in high-quality seeds and training for farmers to improve their productivity.

00:48Post-harvest losses are also given priority in the law, which can add to food security.

00:54The DA will also have more oversight power in the rice industry. The Bureau of Plant Industry will have the power to inspect rice warehouses

01:04and will have a national database to monitor the grain storage.

01:10Ivan? Go ahead Ivan. Go ahead.

01:19Yes. The Department of Agriculture is also giving power to stabilize the price of agricultural products.

01:25So there will be a sudden increase. The DA's plan is to get more people to serve as food soldiers and implement DA's programs.

01:35Next Raffy, the DA's target is to reduce the price of rice by up to 10 percent.

01:42Meanwhile, the VAT-Free Fund Program for Non-Resident Tourists is a big help in improving the tourism industry.

01:48Under the law, any tourist who pays more than P3,000 is entitled to a VAT-Free Fund.

01:55Shopping experience is the primary reason for tourists to choose their destination.

02:00The law will help promote the Philippines as a primary tourist and shopping destination in Southeast Asia.

02:07According to Tourism Secretary Tina Frasco, this will help increase the number of jobs for Filipinos in the tourism industry

02:16because more Filipino products, such as handcrafted items, will be allocated to tourists.

02:22Currently, there are more than five million tourist arrivals. In 2024, this will exceed the 100 percent target.

02:29It's expected to reach a higher number next year.

02:33Lastly, the Basic Education, Mental Health and Well-Being Promotion Act addresses the issue of mental health that affects many youths.

02:41In a statement by the President, he said that 17 percent of youths think that their lives are in danger.

02:48But less than one percent of youths have consulted a mental health professional.

02:52According to the law, there will be a care center in schools where trained professionals will give counseling and stress management workshops.

03:03That is the latest from the Palace of Malacanang, Raffy.

03:06Thank you very much, Ivan Mayrina.

03:18For more UN videos visit www.un.org

3 panukala, isinabatas ni PBBM ngayong umaga kabilang ang pag-amyenda sa Rice Tariffication Law | Balitanghali

Category

Transcript

Recommended