According to the latest report from Roshi Pte Ltd, the Philippines’ credit card debt has reached what they call a critical risk level. More and more Filipinos are missing credit card payments, and the total amount of unpaid debt is rising fast.
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COLFinancial Lowers Sales Tax from 0.6% to 0.1%: What This Means for Retail Investors Like Us
There’s good news for small investors like you and me. Starting July 1, 2025, COLFinancial will lower the sales tax on stock transactions from 0.6% to 0.1%. This change comes after the approval of Republic Act No. 12214, or the Capital Markets Efficiency Promotion Act.
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