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                    [ArticleID] => 2075599
                    [Title] => Cagayan River’s hope
                    [Summary] => Illegal black sand or magnetite mining may soon be a thing of the past for the province if this new government program called the Cagayan River Rehabilitation Project succeeds.
                    [DatePublished] => 2021-02-06 00:00:00
                    [ColumnID] => 134315
                    [Focus] => 1
                    [AuthorID] => 1805465
                    [AuthorName] => Mary Ann LL. Reyes
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 86872
                    [Title] => BSP expands currency risk protection scheme
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) expanded yesterday the coverage of the currency risk protection program (CRPP) and extended its effectivity to five years in an effort to relieve pressure on the peso.


The CRPP is a non-deliverable forward (NDF) dollar hedging facility of the BSP to protect both the banks and net importers like oil companies and manufacturers. It was introduced in 1997 in the face of the Asian financial crisis.


                    [DatePublished] => 2001-07-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 98576
                    [Title] => Oil firms not  keen on dollar  hedging proposal
                    [Summary] => Oil companies are not keen on a proposal by the Bangko Sentral ng Pilipinas (BSP) for them (oil companies) to avail themselves of a dollar hedging mechanism called currency rate protection program (CRPP).


Instead, the oil companies are in favor of re-adopting the pre-deregulation formula that offers a much lower premium on the hedging mechanism amounting to about 0.375 percent per annum.


Petron Corp.
                    [DatePublished] => 2000-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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CRPP

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                    [ArticleID] => 2075599
                    [Title] => Cagayan River’s hope
                    [Summary] => Illegal black sand or magnetite mining may soon be a thing of the past for the province if this new government program called the Cagayan River Rehabilitation Project succeeds.
                    [DatePublished] => 2021-02-06 00:00:00
                    [ColumnID] => 134315
                    [Focus] => 1
                    [AuthorID] => 1805465
                    [AuthorName] => Mary Ann LL. Reyes
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 86872
                    [Title] => BSP expands currency risk protection scheme
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) expanded yesterday the coverage of the currency risk protection program (CRPP) and extended its effectivity to five years in an effort to relieve pressure on the peso.


The CRPP is a non-deliverable forward (NDF) dollar hedging facility of the BSP to protect both the banks and net importers like oil companies and manufacturers. It was introduced in 1997 in the face of the Asian financial crisis.


                    [DatePublished] => 2001-07-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 98576
                    [Title] => Oil firms not  keen on dollar  hedging proposal
                    [Summary] => Oil companies are not keen on a proposal by the Bangko Sentral ng Pilipinas (BSP) for them (oil companies) to avail themselves of a dollar hedging mechanism called currency rate protection program (CRPP).


Instead, the oil companies are in favor of re-adopting the pre-deregulation formula that offers a much lower premium on the hedging mechanism amounting to about 0.375 percent per annum.


Petron Corp.
                    [DatePublished] => 2000-10-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Cagayan River’s hope

By Mary Ann LL. Reyes | February 6, 2021 - 12:00am

Illegal black sand or magnetite mining may soon be a thing of the past for the province if this new government program called the Cagayan River Rehabilitation Project succeeds.

Business

BSP expands currency risk protection scheme

By Ted P. Torres | July 20, 2001 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) expanded yesterday the coverage of the currency risk protection program (CRPP) and extended its effectivity to five years in an effort to relieve pressure on the peso. The CRPP...

Business

Oil firms not keen on dollar hedging proposal

By Ted P. Torres | October 20, 2000 - 12:00am

Oil companies are not keen on a proposal by the Bangko Sentral ng Pilipinas (BSP) for them (oil companies) to avail themselves of a dollar hedging mechanism called currency rate protection program (CRPP). Instead,...

Business