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Portrait of Chito Lozada

Chito Lozada

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MAN for all business seasons His successor, Finance Secretary Carlos Dominguez III,  gave the highest accolade to former Finance Secretary Gary Teves, saying he had led the Department of Finance ‘when the world was crumbling.’

Managing purse when world was crumbling

Raising interest rates is a tool for demand-driven price pressures, not for the supply-side shocks now at work: oil, food and weather.

Reality bites

Reality bites

The hunger spell is the worst in at least three decades, and the skewed policies behind the ‘no hunger’ promise explain part of the gap.

Energy security: DoE or don’t

Energy security: DoE or don’t

A company with no mining experience can put up a huge number, win the auction, and then find that it cannot get a single ton out of the ground.

Hijacking the system

Hijacking the system

SMPC said electricity rates could come under pressure if the bidding leads to a production halt by July next year, while saying it is weighing legal options to…