Analyst stands by VP Duterte’s 20% GenCorp interest

Inquirer.net - Oct 12, 2026

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),

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Albay broadcaster shot; police hunt gunmen

Oct 12, 2026

Albay broadcaster shot; police hunt gunmen

LEGAZPI CITY — Broadcast journalist Adrian “Golden Boy” Loterte was shot by unidentified gunmen in Daraga town in Albay on Monday afternoon, Oct. 12, prompting police to form a special investigation task group and intensify a manhunt. Loterte, an anchor of RBN News Television’s Rabas Cun Rabas and a resident of Barangay San Roque, was

House panel approves system loss, power generation bills

Oct 12, 2026

House panel approves system loss, power generation bills

MANILA, Philippines — The House Committee on Energy approved on Monday substitute bills, along with their corresponding committee reports, which will remove the system loss charge from electric bills and liberalize power generation down to the consumer level. Since President Ferdinand Marcos identified the system loss issue in his last State of the Nation Address (SONA),

Higher tax take unlikely to widen 2027 fiscal space, CPBRD warns

Oct 12, 2026

Higher tax take unlikely to widen 2027 fiscal space, CPBRD warns

MANILA, Philippines — Tax revenues could rise to P4.854 trillion in 2027 even under a slower economic growth outlook. However, the marginal gain would still be too small to expand the government’s fiscal space materially, the Congressional Policy and Budget Research Department (CPBRD) said. This projection is slightly higher than the Development Budget Coordination Committee’s (DBCC)

Deja vu? Thai wins Miss Global 2026 crown as PH bet places 3rd runner-up

Oct 12, 2026

Deja vu? Thai wins Miss Global 2026 crown as PH bet places 3rd runner-up

Another Thai beauty queen lands a pageant title after Saffron Maya Snook claimed the 2026 Miss Global crown on Sunday night, Oct. 11, or just a night after her compatriot Atsawahirankarn clinched the 2026 Miss Asia Pacific International title in Cebu. Snook was crowned Miss Global at the final competition held in Bangkok, Thailand, In

DOTr: Rail projects may need 20,000 workers

Oct 12, 2026

DOTr: Rail projects may need 20,000 workers

MANILA, Philippines — The country’s railway projects could require up to 20,000 personnel, according to the Department of Transportation (DOTr), which has trained nearly 5,000 railway workers through the Philippine Railways Institute (PRI) since its establishment in 2019. The institute provides training in railway safety, operations and maintenance as the government develops major projects, including

Parts of new Surigao evacuation center collapse before turnover

Oct 12, 2026

Parts of new Surigao evacuation center collapse before turnover

SAN FRANCISCO, Agusan del dur — A newly built P9.75-million evacuation center in Barangay Esperanza, Carmen, Surigao del Sur, has drawn scrutiny after portions of its exterior metal cladding collapsed before turnover, prompting calls for an immediate technical audit. The construction flaw came to light after resident Angel Montenegro Daray, whose home sits directly across

VP Duterte’s ₱817.87-M wealth review covers assets, income, 3 firms

Oct 12, 2026

VP Duterte’s ₱817.87-M wealth review covers assets, income, 3 firms

MANILA, Philippines — The forensic review of the alleged ₱817.87 million in unexplained wealth of Vice President Sara Duterte and her husband, lawyer Manases Carpio, examined their assets, income, and three companies linked to them. Lawyer Alexander Cabrera, a forensic financial analyst, confirmed this during his cross-examination on Monday by defense counsel Kristine Ferrer. Ferrer

10ID honors 78 CAFGU retirees, integrates them into Reserve Force

Oct 12, 2026

10ID honors 78 CAFGU retirees, integrates them into Reserve Force

CAGAYAN DE ORO CITY — After decades on the frontlines against insurgency, 78 members of the Civilian Armed Forces Geographical Unit (CAFGU) Active Auxiliary (CAA) of the Army’s 10th Infantry Division (10ID) traded their active duty status for reserve roles, receiving separation gratuity pay in a first-of-its-kind ceremony in Davao de Oro. In a statement

Group calls for child online safety law balancing protection, learning

Oct 12, 2026

Group calls for child online safety law balancing protection, learning

MANILA, Philippines — The Psychological Association of the Philippines (PAP) on Monday called for a law that protects children from online dangers while preserving opportunities for learning and connection. PAP said a blanket age-based prohibition “should not be the primary or stand-alone measure,” adding that “age thresholds have a place, but the evidence supports the

Kim Chiu, Paulo Avelino drama completes MMFF 2026 ‘Magic 8’

Oct 12, 2026

Kim Chiu, Paulo Avelino drama completes MMFF 2026 ‘Magic 8’

“A Perfect Marriage,” the drama film starring Kim Chiu and Paulo Avelino completes the Metro Manila Film Festival’s (MMFF) “Magic 8,” or its official lineup that would compete in its 52nd edition. The second batch of movie entries was unveiled during ceremonies held on Monday at the Shangrila Plaza Mall in Mandaluyong, hosted by Kaladkaren

For now, prosecution sees no need to present Sara Duterte as witness

Oct 12, 2026

For now, prosecution sees no need to present Sara Duterte as witness

MANILA, Philippines — The prosecution panel has decided, for now, that they will not call Vice President Sara Duterte to the witness stand for her own impeachment trial as the documents she signed and swore to have spoken loudly enough. In a press briefing on Monday, after a break during the trial before the Senate Impeachment

DA pushes regional cooperation to secure food supplies

Oct 12, 2026

DA pushes regional cooperation to secure food supplies

MANILA, Philippines — Amid geopolitical challenges impacting agricultural production, the Department of Agriculture (DA) called for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia. Agriculture Secretary Francisco Tiu Laurel Jr. said establishing robust trade frameworks and mutual economic investments within ASEAN are crucial to bridging supply gaps during domestic production challenges.

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