Hello PW Readers!

The SEC just raised the compliance bar for solo corporations. Global tariffs moved again after a US court ruling. FMCG growth is slowing. A solar mega-project powers up. And an 80-year-old bus company proves four generations can still run strong. If you run a business, invest, or just want to stay sharp, this issue matters.

Stay sharp.

We’re Hiring

PesoWeekly is looking for a strong storyteller and a Tagalog script writer. Email us at [email protected]

Big Picture

Securities and Exchange Commission just made life clearer, and stricter, for one-person corporations. In Memorandum Circular No. 10, Series of 2026, the regulator rolled out a full compliance checklist covering officer appointments, financial statements, and bond posting requirements.

What Changes

OPCs must appoint a treasurer, corporate secretary, and other officers within 20 days of incorporation or face a ₱10,000 fine. Annual financial statements must be filed within 120 days after fiscal year-end, with late penalties starting at ₱5,000 and climbing to ₱27,000 for repeat violations depending on earnings. (Read the Full SEC MC No. 10)

Audit Thresholds

OPCs with assets or liabilities above ₱3 million must submit audited financial statements starting fiscal years ending Dec. 31, 2025. Smaller firms can file statements with a sworn management responsibility form instead.

Bond Requirement

If the single owner also acts as treasurer, a surety bond of up to ₱5 million or more may be required depending on authorized capital stock.

Why It Matters

Running a solo corporation just got more structured. Compliance is no longer optional paperwork. It now comes with clear rules and real penalties.

Zoom Out
From one postwar truck, Victory Liner grew by following a simple rule: “We profit most by giving the service that is best.”​

The Playbook
They kept upgrading the ride: building their own terminals, adding air‑conditioned and deluxe buses, Wi‑Fi, better stops, and even cargo services like Drop & Go.

Behind that are systems: strict safety training, “running time” rules to curb speeding, and professionalized operations.​ And they invested in people and place, multi‑generation employees, a family‑style culture, and a foundation that supports Northern Luzon communities.

Result: an 80‑year‑old family brand that’s still the transport company of choice.

President Donald Trump increased global tariffs to 15% from 10% effective immediately after the Supreme Court ruled he exceeded his authority under a 1977 emergency law. The duties are temporary under trade law and may need congressional approval, adding fresh uncertainty for global trade and prices.

The Philippines’ fast-moving consumer goods sector is expected to grow 3% to 4% in 2026, slower than 5.2% in 2025, as the economy weakens, Worldpanel by Numerator said. GDP rose 4.4% last year while inflation reached 2% in January. Older consumers, pet owners, and OFW families are seen driving spending.

The Bureau of Internal Revenue said recent raids in Pampanga seized illegal cigarettes, equipment, and fake tax stamps worth ₱460.9 million in protected revenues. Operations with the PNP-CIDG targeted warehouses in San Fernando and San Simon. The agency is preparing criminal charges against those involved.

Philippine exporters expect stronger demand after the US Supreme Court struck down Trump’s 19% reciprocal tariffs. Philexport said the ruling restores fair trade, though a temporary 10% surcharge will apply for up to 150 days. Electronics worth $49.96 billion and key farm exports remain competitive.

Meralco PowerGen switched on the first phase of its MTerra Solar project in Nueva Ecija and Bulacan, adding 2.5 GW of solar power as part of a 3.5 GW facility. (Read More)

Los Angeles County sued Roblox in superior court, alleging weak moderation and age checks expose children to sexual content and predators, as the platform reports 100 million daily users. (Read More)

Dewar’s whisky warehouses use a Boston Dynamics robot dog with an ethanol sensor to detect leaking barrels, helping protect the quality of Scotch and reduce losses in the spirits industry. (Read more)

Strava has added basketball, cricket, dance, padel, and volleyball to its tracking options, giving over 180 million users more ways to record workouts and better reflect their training patterns worldwide. (Read more)

Hubble Captures Closest Baby Nebula In New Detailed Image

NASA’s Hubble Space Telescope released a new image of the Egg Nebula, the closest known pre-planetary nebula to Earth, showing fresh dust shells and twin light beams from a dying star.

Total Lunar Eclipse To Turn Moon Red On March 3, 2026

A total lunar eclipse will redden the Moon early March 3, 2026, as Earth passes between the Sun and Moon, with totality visible in parts of Asia, Australia, and the Americas.

Household Cats May Help Unlock Breast Cancer Clues

Scientists analyzing tumors from nearly 500 pet cats found genetic changes similar to human cancers, including breast cancer, offering potential new treatment targets for both animals and people.

Flea And Tick Treatments For Pets May Harm Wildlife

A new study found that common flea and tick medicines for dogs and cats can enter soil through pet waste, potentially harming dung-feeding insects vital for ecosystems and soil health.

About 50 people are feared missing after part of a landfill in Rodriguez, Rizal collapsed, residents allege intimidation. (Read more)

Malacañang denied reports of a road harassment incident involving a presidential son on North Luzon Expressway Saturday evening. (Read more)

Police and DepEd are probing a viral bullying incident at Quinarayan Elementary School, while the victim’s family plans a complaint. (Read more)

Vice President Sara Duterte said she recruited a running mate for her 2028 presidential bid, identity still undisclosed. (Read more)

Authorities investigate after 12-year-old Crystal Joy Abarquez was found tied to a tree, with suspect under police questioning. (Read more)

During Okayama’s annual Eyo festival, where men in white loincloths compete for sacred wooden talismans, three were left unconscious and three others hospitalized, part of injuries common at the event.

After the Supreme Court struck down his previous levies as unconstitutional, President Trump increased global tariffs from 10 to 15 percent, affecting businesses seeking repayment of the $133 billion already collected.

The Floreana giant tortoise, extinct due to whaling, has been reintroduced to its namesake island after a back-breeding program using partial descendants, restoring a key species to the Galápagos ecosystem.

📝 Gen Z skips alcohol for wellness and unique social events, reshaping nightlife and social habits.

📝 Mama Lulu embraces her LGBTQIA+ children with love, expanding understanding while staying true to faith.

📝 Two Pangasinan bettors win PHP45 million Grand Lotto jackpot, four others claim smaller prizes.

📝 Resident Evil Requiem leaks online, Capcom warns fans of spoilers.

📝 Viral monkey Punch comforted with stuffed orangutan after mother rejects him. (Read more)