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ASEAN+3 growth outlook upgraded to 4.1% for 2025: AMRO

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ASEAN+3 growth outlook upgraded to 4.1% for 2025: AMRO



The ASEAN+3 region’s growth is projected at 4.1 per cent in 2025 and 3.8 per cent in 2026—an upward revision from July’s forecast—driven by strong first-half performance and resilient export momentum, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

In its ASEAN+3 Financial Stability Report (AFSR) 2025 and the ASEAN+3 Regional Economic Outlook (AREO) October update, AMRO highlighted the region’s resilience amid US trade policy shifts and geopolitical tensions. Additionally, growing uncertainty around the US dollar’s safe-haven status could further fragment the global financial landscape, AMRO said in a press release.

“While intra-regional trade and domestic demand have become increasingly important growth drivers across ASEAN+3, the region remains deeply connected to the global financial system and is therefore not insulated from global shocks,” said Dong He, chief economist at AMRO. “Overall, the region’s financial system remains resilient, although pockets of vulnerabilities persist.”

The ASEAN+3 region’s growth outlook has been raised to 4.1 per cent for 2025 and 3.8 per cent for 2026, supported by strong exports and robust fundamentals, as per AMRO.
Despite global uncertainties from US trade policy shifts and financial fragmentation risks, the region remains resilient, aided by ample reserves, sound banking systems, and growing financial integration.

Despite these challenges, ASEAN+3 economies remain well-positioned to navigate global headwinds. Well-calibrated policy mixes and strong fundamentals—including robust banking systems, deepening financial markets, ample foreign reserves, and available policy space—have provided critical buffers. With inflation largely subdued and expectations well-anchored in most economies, central banks can maintain accommodative monetary policy to support growth.

At the same time, macroprudential tools, along with foreign exchange and capital flow management measures, offer additional safeguards to maintain financial stability and mitigate external spillovers. However, AMRO underscored that support should be carefully targeted to vulnerable sectors and deployed prudently to preserve policy space amid elevated external uncertainty.

Beyond near-term risks, the region is undergoing deeper structural transitions. Most notably, the rapid digitalisation of financial services presents opportunities for greater financial inclusion and efficiency, while also introducing new challenges to financial stability.

“Digitalisation of the banking sector is reshaping the market structure, offering new pathways for inclusion and efficiency,” said Runchana Pongsaparn, group head for financial surveillance at AMRO. “But it also alters the nature and distribution of financial stability risks. Policymakers must adopt a multi-pronged strategy that promotes innovation while managing risks, calibrated to the maturity of each market segment.”

As ASEAN+3 manages near-term uncertainties, AMRO emphasised the importance of reinforcing policy frameworks, improving transparency, and deepening domestic markets and buffers to mitigate spillover risks from external shocks, added the release.

She concluded: “With coordinated actions and deeper financial cooperation and integration, ASEAN+3 can turn today’s challenges into tomorrow’s opportunities, and emerge stronger, more connected, and more resilient.”

Fibre2Fashion News Desk (SG)



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US’ Columbia reintroduces iconic 1993 Bugaboot 1 in limited edition

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US’ Columbia reintroduces iconic 1993 Bugaboot 1 in limited edition



Columbia Sportswear announced the reintroduction of the Bugaboot 1, the brand’s first ever footwear product, for a very limited release. Honoring the original 1993 design, the Bugaboot 1 returns with its legacy iconography. Each individually numbered pair is refreshed with Columbia’s latest premium footwear technology. Only 1,993 pairs will be available when the Bugaboot 1 launches on October 14 at 7:00 am PDT to Columbia Greater Rewards members, and to the public the following day.

The original Bugaboot was the result of a landmark collaboration between Columbia founder Gert Boyle, CEO Tim Boyle, and footwear pioneer Peter Moore, whose previous roles at Nike and adidas helped shape modern sneaker culture.

Columbia Sportswear is relaunching its first-ever footwear, the Bugaboot 1, in a limited edition of 1,993 numbered pairs.
Honouring the original 1993 design by Peter Moore, the 2025 version integrates Omni-Grip traction and Techlite cushioning.
It will release on October 14 for Greater Rewards members and publicly on October 15, priced at $250, with exclusive packaging and memorabilia.

“More than 30 years ago, my mother and I knew it was time to expand Columbia’s footprint – literally – and enter the footwear space,” said Tim Boyle, Chairman, President & CEO of Columbia Sportswear. “Delivering a functional outdoor boot that reflected Columbia’s rugged, innovative spirit was critical. Peter was our first and only call. He and Gert shared an obsession with problem-solving through design, making him a natural partner to help launch this new chapter. Today, we honor Peter’s immeasurable legacy and celebrate Columbia’s own history in performance footwear alongside Peter’s sons, Hagen and Devin, who were instrumental in bringing this new project to life.”

Peter Moore, best known for designing the original Air Jordan shoe and logos during his time as Creative Director at Nike, later became Global Creative Director at adidas. A legendary designer and prolific multi-disciplinary artist, Moore’s work spanned product design, identity systems, and activism through his art. His creative influence and consulting shaped countless campaigns and logos, including the development of the original Bugaboot, a product he remained deeply involved with leading up to its launch.

“This project means a lot to our family. My dad poured his heart into everything he worked on, and the Bugaboot was no exception,” said Hagen Moore, son of Peter Moore and Co-Founder of Boom Pow Bang Creative Agency. “To see Columbia bring it back with so much care and respect for our father’s original design while pushing it forward with today’s tech is something we know he would’ve been incredibly proud of.”

In 1993, Columbia was already known for groundbreaking outerwear like the classic Bugaboo 3-in-1jacket, named after the famed Bugaboo Mountain Range in B.C. Canada. The Bugaboot was engineered as a natural extension of the jacket, pairing the durability of a duck boot with the comfort and performance of an athletic shoe. This 2025 edition honors that hybrid spirit while incorporating Columbia’s modern engineering innovations such as Omni-Grip traction and Techlite lightweight cushioning.

Only 1,993 pairs will be released globally and each is individually numbered to provide people with a one-of-one product. The shoes will retail for $250 USD in whole sizes only and come in custom packaging featuring matching box, a keychain, and unique tissue paper.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



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Net FDI inflows into Philippines drops 7.5% YoY to $1.3 bn in Jul 2025

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Net FDI inflows into Philippines drops 7.5% YoY to .3 bn in Jul 2025



Net foreign direct investment (FDI) inflows into the Philippines declined by 7.5 per cent from $1.4 billion in July 2024 to $1.3 billion in July 2025, central bank data show.

Inflows from Japan and into wholesale and retail trade took the lead in the month.

The drop resulted from lower non-residents’ net investments in debt instruments, which fell by 39.4 per cent year on year (YoY) from $1.2 billion to $711 million.

Net foreign direct investment (FDI) inflows into the Philippines declined by 7.5 per cent from $1.4 billion in July 2024 to $1.3 billion in July 2025, central bank data show.
The drop resulted from lower non-residents’ net investments in debt instruments, which fell by 39.4 per cent YoY to $711 million.
FDI net inflows fell by 20 per cent YoY to $4.7 billion in January-July 2025.

However, the reduction was tempered by the 450.6-per cent increase in non-residents’ net investments in equity capital (other than reinvestment of earnings), which rose YoY from $76 million to $418 million. Similarly, reinvestment of earnings grew by 14.3 per cent YoY from $122 million to $139 million, a release from the central bank said.

Equity capital placements in July 2025 were sourced primarily from Japan and the United States.  Industries that received most of these investments were wholesale and retail trade, manufacturing and real estate.

FDI net inflows declined by 20 per cent from $5.9 billion posted in January-July 2024 to $4.7 billion in January-July 2025.

Fibre2Fashion News Desk (DS)



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Sabrina Carpenter’s Sweet Tooth fragrances ink retail deal with Ulta Beauty

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Sabrina Carpenter’s Sweet Tooth fragrances ink retail deal with Ulta Beauty


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October 12, 2025

Sweet Tooth by Sabrina Carpenter announced on Friday it has inked a new retail partnership with Ulta Beauty, that will see the celebrity-backed fragrance collection rollout nationwide via the U.S. beauty chain.

Courtesy

The four-scent fragrance line, made up of Sweet Tooth, Caramel Dream, Cherry Baby and Me Espresso, will be available to Ulta customers in-store and online, along with a new Bite Sized version, a 10ml mini fragrance edition of the four big scents.

The pop star first launched her Sweet Tooth fragrance line some three years ago, in partnership with perfume manufacturer Scent Beauty.

“We’re proud to see Sabrina Carpenter’s Sweet Tooth collection launch across Ulta Beauty stores and on Ulta.com, bringing her signature scents to a wide audience,” said Stephen Mormoris, CEO of Scent Beauty.

“This milestone not only expands the reach of Sabrina’s playful, gourmand fragrances but also connects her devoted fanbase with Ulta Beauty’s community of beauty lovers always seeking what’s new, expressive and culturally relevant. We are proud to partner with Ulta Beauty to deliver unique fragrance experiences that bring fans closer to the artists they love while enhancing beauty discovery across their trend-forward assortment.”

The Sweet Tooth fragrance collection retails for $35-$55 per bottle, with the mini versions selling for $20. A Bite Sized coffret will also be available to purchase for $45.

​”We’re thrilled to introduce fragrances from Sabrina Carpenter’s Sweet Tooth collection to Ulta Beauty stores nationwide and Ulta.com,” said Linda Suliafu, vice president of merchandise, Ulta Beauty.

“This curated launch marks an exciting moment for growth for the Fragrances by Sabrina brand, bridging her devoted fanbase with our scent-loving guest who’s always seeking what’s new, expressive, and culturally relevant products to add to their beauty routine. Sabrina’s fragrances tap into the growing demand for gourmand, dessert-inspired scents that feel both playful and elevated. We’re proud to help make this moment possible for Sabrina along with new and existing guests, delivering unique experiences that bring fans closer to their icons while enhancing beauty discovery across Ulta Beauty’s vibrant, differentiated and trend-forward assortment.”

The Sweet Tooth Ulta Beauty rollout kicks off October 10 online and in-store beginning October 26.
 

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