Philippines Macro & Inflation: A World Bank warning flags the country’s “policy-rich but implementation-poor” approach to climate and disaster risk planning, with weak enforcement and uneven local capacity undermining results. FX & External Accounts: The Philippine peso slid to a record low near ₱62.27 per dollar, hurt by energy import costs and a widening trade deficit. Public Finance: NG gross borrowings jumped 75.4% in July as debt issuances were front-loaded, while foreign loan receipts fell. Inflation Watch: Polls suggest August inflation may ease to around 6% but stay above the BSP target range. India Capital Flows: Foreign portfolio investors bought Indian equities again in August, adding ₹30,919 crore for a second month. Central Asia Connectivity & Diplomacy: PM Modi’s SCO trip spotlights India’s push for security, connectivity and trade with Uzbekistan and Kyrgyzstan. West Asia Risk & Trade: G20 talks put Iran sanctions and tariff disputes front and center, keeping global policy uncertainty high. ASEAN Resilience for MSMEs: ASEAN leaders stress stronger, smoother regional trade and logistics to help small firms absorb shocks. Thailand-Africa Link: Thailand seeks deeper ties with Ethiopia via higher-level political consultations and expanded Africa partnership. Air Travel Demand: United Airlines plans a new nonstop SFO–Okinawa route for summer 2027, signaling continued Asia-Pacific network growth.