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The Business Times - Oct 12, 2026

These Emerging Enterprise Award finalists use technology and new business models to tackle changing needs across industries

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Analyst stands by VP Duterte’s 20% GenCorp interest

Oct 12, 2026

Analyst stands by VP Duterte’s 20% GenCorp interest

MANILA, Philippines — The House prosecution’s forensic accounting expert witness, lawyer-accountant Alexander Cabrera, stood by his finding on Monday that Vice President Sara Duterte had a 20-percent interest in GenCorp Industries Inc., even without written contracts or subscription agreements directly establishing her stake in the firm. Cabrera, chairman emeritus of Isla Lipana & Co. (PwC Philippines),

Sharon Cuneta, daughter Kakie attend Duterte impeachment trial

Oct 12, 2026

Sharon Cuneta, daughter Kakie attend Duterte impeachment trial

MANILA, Philippines — Megastar Sharon Cuneta and her daughter, Frankie “Kakie” Pangilinan, attended the impeachment trial of Vice President Sara Duterte at the Senate on Monday, the 38th day of the proceedings. Cuneta, the wife of Sen. Francis “Kiko” Pangilinan, was spotted at the Senate gallery alongside their daughter, Kakie. After his interpellation of the

PDI recognized by PCG during first Stakeholders’ Night

Oct 12, 2026

PDI recognized by PCG during first Stakeholders’ Night

MANILA, Philippines — The Philippine Daily Inquirer (PDI) has been recognized by the Philippine Coast Guard (PCG) for its support to the missions and objectives of the agency. The award was given to the newspaper during the PCG’s Stakeholders’ Night on Monday, Oct. 12. READ: SWS poll: Filipinos choose AFP, PCG modernization as maritime priority

Air pollution spreads to more Cebu areas

Oct 12, 2026

Air pollution spreads to more Cebu areas

CEBU CITY, Philippines — More local government units in Metro Cebu suspended in-person classes on Monday, Oct. 12, after air quality deteriorated to “very unhealthy” levels once again.  But this time, local pollutants such as vehicle emissions and industrial pollution, and not the transboundary haze from the raging forest and peat fires in Indonesia’s Kalimantan

Highlights: Day 38 of Sara Duterte impeachment trial | Oct. 12, 2026

Oct 12, 2026

Highlights: Day 38 of Sara Duterte impeachment trial | Oct. 12, 2026

MANILA, Philippines – Day 38 of the trial on Monday centered on the cross-examination of prosecution forensic financial analyst Alexander Cabrera, who conceded that his report showing P817 million in alleged unexplained wealth was based on available documents and did not include records submitted directly by Duterte or her husband, lawyer Manases Carpio.  Defense counsel

‘Kutseros’ preserving Vigan heritage get rice aid

Oct 12, 2026

‘Kutseros’ preserving Vigan heritage get rice aid

VIGAN CITY, ILOCOS SUR, Philippines — The provincial government distributed rice assistance to “kutseros,” or horse-drawn carriage drivers, on Monday (Oct. 12) in recognition of their contribution to preserving the cultural heritage of Vigan, a United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage Site. The assistance aims to ease the daily expenses of

Cabrera tells Padilla: We can do a good job even if we’re in a hurry

Oct 12, 2026

Cabrera tells Padilla: We can do a good job even if we’re in a hurry

MANILA, Philippines — Financial forensic analyst Atty. Alexander Cabrera has assured Senator-judge Robinhood “Robin” Padilla that he can come up with a competent report even in a limited amount of time, amid questions on why it seems that the report on Vice President Sara Duterte’s finances was made hastily. During the latter part of Duterte’s

Villanueva: Cale88 made P150M in 2024 with no employees

Oct 12, 2026

Villanueva: Cale88 made P150M in 2024 with no employees

MANILA, Philippines — Cale88, a banana chip export corporation established in 2021, with Vice President Sara Duterte’s husband, Manases Carpio, as a 47.5-percent owner, reported P150 million in sales in 2024 — and yet it did not have a single employee. Senator-Judge Joel Villanueva pointed this out on Monday in his clarificatory questioning of lawyer-accountant Alexander

Mt. Kanlaon emits ash plumes for third day

Oct 12, 2026

Mt. Kanlaon emits ash plumes for third day

BACOLOD CITY, NEGROS OCCIDENTAL, Philippines — Local government officials remained on alert as Mt. Kanlaon continued to emit ash plumes following a moderately explosive eruption on Saturday. The Philippine Institute of Volcanology and Seismology (Phivolcs) recorded three ash emission events on Monday (Oct. 12), although no ashfall was reported, according to Phivolcs science research analyst

From laser shields to iPhone detectors: inside China’s booming secrecy industry

Oct 12, 2026

From laser shields to iPhone detectors: inside China’s booming secrecy industry

A group of Chinese officials are in the middle of a highly sensitive meeting involving critical decisions yet to be made behind closed doors, with documents stamped “classified” spread across the table. Suddenly, an invisible laser beams into the room, sweeping across a glass window and allowing the contents of the meeting to be transmitted elsewhere. China’s Ministry of State Security laid out this seemingly futuristic scenario six months ago, warning government departments and other entities...

PCSO lotto results Oct. 12: No winner of ₱265.5-M jackpot

Oct 12, 2026

PCSO lotto results Oct. 12: No winner of ₱265.5-M jackpot

MANILA, Philippines — No ticket holder won the ₱265.5-million Grand Lotto 6/55 jackpot or the ₱105.81-million Mega Lotto 6/45 jackpot in the Philippine Charity Sweepstakes Office (PCSO) draws on Monday, Oct. 12, 2026. The Grand Lotto 6/55 draw produced the winning combination 05-41-23-28-20-51, with a jackpot prize of ₱265.5 million. No bettor matched all six

Manila Water, MWPV-Cebu earn podium finishes at ASEAN Energy Awards 2026

Oct 12, 2026

Manila Water, MWPV-Cebu earn podium finishes at ASEAN Energy Awards 2026

MANILA, Philippines — Manila Water Company, Inc. (Manila Water) and Manila Water Philippine Ventures Cebu (MWPVC) have once again brought Philippine water utilities to the international energy stage, earning podium finishes at the ASEAN Energy Awards (AEA) 2026. Manila Water’s 2.5 MWp Solar Project, recognized as the largest consolidated solar installation in the Philippine water

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