Tax Relief Push Meets Revenue Tradeoffs (Philippines): Lawmakers are weighing higher taxes on online gambling to help fund President Marcos Jr.’s 2026 plan to exempt workers earning up to P350,000 and to ease tax burdens for micro, small and medium enterprises. SME Compliance Relief (Malaysia): Malaysia’s Statistics Bill 2026 won approval with a key promise: MSMEs won’t need new systems or apps for administrative data sharing, aiming to cut reporting burden. UPI Costs Under Review (India): Proposed payments law amendments could allow a Merchant Discount Rate on UPI, a major shift for merchants that currently pay nothing on UPI processing. SME Lending Expansion (India): GetVantage raised Rs 63 crore to grow its AI-powered lending for MSMEs, targeting faster access to growth capital. Construction Theft Spike (US): TrueLook and Noonlight report a 50% jump in confirmed jobsite break-ins, pushing contractors to tighten weekend and late-night security. Retirement Penalty Pressure (US): A new push highlights how late 401(k) filings can trigger steep penalties for small employers, even as deadline rules are being debated. Local Business Ops: Quezon City ordered billboard owners to secure signage during storm alerts, with daily fines for violations.