Philippines-Japan-Vietnam Diplomacy: President Marcos’ Japan trip delivered P266.3bn in new investment pledges, followed by Vietnam’s state visit to the Philippines with 15 agreements—both framed as alliance-building to manage South China Sea risks, trade wars, and West Asia turmoil. Nepal Energy Shock: Nepal says major development and manufacturing are under strain from West Asia conflict and oil price volatility, with fuel imports topping NPR 300bn in the first 10 months and polymer costs rising sharply. India-Myanmar Trade & Democracy: India and Myanmar agreed to expand trade via the Rupee-Kyat mechanism and deepen cooperation in agro-processing, energy and mining, while PM Modi urged Myanmar’s return to democracy and inclusivity in its peace process. Gulf Trade Deal: India-Oman CEPA took effect June 1, positioned as a stabiliser for trade and energy routes amid Strait of Hormuz instability. India Security & Industry: DRDO and IAF successfully flight-tested the RudraM-II missile; Maharashtra also bought the Air India Nariman Point building for ₹1,601 crore. Environment Under Pressure: Reports highlight escalating attacks on India’s forest personnel by timber smugglers and land mafias, raising fears for wildlife and water security. China Outbound Rules: China expanded outbound investment curbs to cover individual investors, tightening compliance for residents moving capital abroad. Pacific Security Pivot: Solomon Islands PM Matthew Wale says he will review the 2022 China security pact, risking friction as Australia and the Solomons plan a new treaty push.