Philippines Economy Watch: Economists at the University of Asia and the Pacific expect growth to stay tepid in Q3 at about 2.3%, but rebound to above 4% in Q4 on a catch-up in infrastructure spending, record jobs (50.7m), export momentum and peak OFW remittances. Corporate Restructuring (Philippines): Jollibee is considering spinning off its international unit into a standalone company, with a possible separate listing on Hong Kong’s Main Board. Water Investment (Philippines/Vietnam): Metro Pacific Water plans P23 billion in investments by 2031 to expand sources, cut non-revenue water, and upgrade networks across the Philippines and Vietnam. Singapore Business Risk: A Coface survey says payment discipline among Singapore firms is worsening, with more companies reporting longer and more severe late payments. US-Iran Fallout/Markets: Renewed Iran–US exchanges pushed oil and yields higher and weighed on US stocks. SCO Security & Trade: SCO leaders adopted the Bishkek Declaration calling out “double standards” in counter-terror efforts while pushing broader security and economic cooperation. Asia Business & Tech: Shein’s Hong Kong debut saw shares fall after pricing, as tariff and logistics pressures squeeze its low-cost model; meanwhile, Red Hat APAC highlights that AI and hybrid cloud success depends on managing complexity, not just adopting tools. Regional Connectivity: Cebu hosts the East Asia Inter-Regional Tourism Forum to boost tourism and connectivity links with other East Asian regions. Aviation: Qantas plans to move 13 of its 14 weekly Singapore–Sydney A380 flights onto the superjumbo from December, aiming to protect premium demand. Sports: Pakistan women start the Women’s T20 Asia Cup with a win over Thailand, setting up a next match vs India.