Fashion
Philippines revises Q3 2025 GDP growth down to 3.9%
The Philippines’ economic growth for the third quarter (Q3) of 2025 has been revised slightly lower, with gross domestic product (GDP) expanding 3.9 per cent year on year (YoY), down from the preliminary estimate of 4 per cent.
Gross national income growth for the quarter was also revised to 5.4 per cent from 5.6 per cent, while net primary income from the rest of the world was adjusted to 16.2 per cent from 16.9 per cent.
The Philippine Statistics Authority has revised down the country’s third-quarter 2025 GDP growth to 3.9 per cent from an earlier estimate of 4 per cent.
Gross national income growth was also lowered to 5.4 per cent, while net primary income from abroad eased to 16.2 per cent.
The PSA said the adjustments reflect its standard, internationally aligned revision policy.
The Philippine Statistics Authority said the revisions were made in line with its approved revision policy, which follows international standards for national accounts updates.
Fibre2Fashion News Desk (HU)
The economy grew by 5.6 per cent in Q4 2024 at constant prices.
Sri Lanka’s economy grew by 4.8 per cent YoY in Q4 2025, with lower inflation and exchange rate stability leading to a full year growth of an estimated 5 per cent at constant prices, official statistics show.
The economy grew by 5.6 per cent in Q4 2024 at constant prices.
The industrial sector grew by 7.8 per cent YoY in Q4 2025 .
At current prices, the 2025 GDP grew by 8.8 per cent.
At current prices, GDP grew by 8.8 per cent last year.
“The economic climate surrounded in 2025 was favourable for a solid economic performance through few aspects; entrepreneur friendly inflation started to rise early in the third quarter of 2025 coupled with the mostly stabilize exchange rate amid continuously decreasing interest rate,” the department said in a release.
The industrial sector grew by 7.8 per cent YoY in Q4 2025.
Fibre2Fashion News Desk (DS)
While war disrupts logistics, a deeper shift is unfolding in Europe.
New rules, including DPP, CSDDD, Ecodesign and EPR, will redefine textile market access, adding 3–7 per cent to costs and demanding full traceability.
Companies delaying compliance risk exclusion, as regulation, not geopolitics, emerges as the industry’s most decisive competitive filter.
Source link
The facility will process natural fibres such as abaca, banana and pineapple into high-quality yarn, addressing long-standing challenges faced by local weavers who have relied on imported materials. This initiative is expected to create new markets for agricultural produce while providing additional income streams for farmers.
The DOST-PTRI, with DOST Region 12, will establish the Regional Yarn Production and Innovation Center in Philippine’s Cotabato to process natural fibres into yarn and support Mindanao’s textile industry.
The facility aims to boost farmer incomes, reduce reliance on imported yarn and strengthen local weaving communities through training, technology transfer and improved supply chain infrastructure.
During the first-quarter meeting of the Regional Research, Development, and Innovation Committee, Evangeline Flor P. Manalang, chief science research specialist of DOST-PTRI’s Technical Services Division, stated “The RYPIC will serve as a key facility to process our natural fibers into yarn and open opportunities for skills training among farmers and local stakeholders.” She also emphasised the project’s role in building a sustainable textile ecosystem in Soccsksargen.
The RYPIC complements existing facilities such as the Natural Textile Fiber Innovation Hub at Sultan Kudarat State University and forms part of broader national programmes including the Clothing and Textile Research Innovation and Investment Agenda (CATRINA) and the FRONTIER initiative. These efforts aim to strengthen the domestic textile value chain, reduce reliance on imports and support the government’s push to expand Telang Pinoy, as highlighted by President Ferdinand R. Marcos Jr. in his fourth State of the Nation Address.
Fibre2Fashion News Desk (JP)
Sri Lanka GDP grows 4.8% in Q4; full-year growth at 5%
Suparco rolls out Space4Climate initiative for climate monitoring
‘Crisis worse than two 1970s oil shocks put together’: IEA chief’s big warning on Strait of Hormuz – The Times of India
Tips and Advice for Buying Used or Refurbished Electronics
UAE savings strategies 2026 explained: Best apps, tools, budget rules and smart money hacks to beat rising cost of living in emirates – The Times of India
Japan suffers shocking collapse to Venezuela in World Baseball Classic
-
Tech1 week agoTips and Advice for Buying Used or Refurbished Electronics
-
Business1 week ago
UAE savings strategies 2026 explained: Best apps, tools, budget rules and smart money hacks to beat rising cost of living in emirates – The Times of India
-
Entertainment1 week agoStrategic oil stocks to be released ‘immediately’ in Asia and Oceania: IEA
-
Entertainment1 week agoIran at war
-
Sports1 week agoJapan suffers shocking collapse to Venezuela in World Baseball Classic
-
Politics1 week agoHow can US get out of Iran war?
-
Sports1 week agoCollege Basketball Invitational abruptly cancels 2026 tournament
-
Entertainment1 week agoMeet one of the last true paparazzi