CPTPP Momentum: CPTPP ministers met virtually on 26 June to push expansion talks, with Costa Rica’s accession negotiations largely concluded and Uruguay’s process set to speed up, while preparatory discussions begin for the UAE, Philippines and Indonesia. ASEAN-EU Trade & Customs: The bloc also moved to deepen ASEAN-EU trade dialogues and set up a Customs Working Group as part of broader efforts to keep trade rules strong. World Bank Support for Utilities: The World Bank approved a $1.02b loan-and-grant package for the Philippines to expand electricity and water access, including offshore wind and renewable energy market reforms. South China Sea Tensions: The Philippines accused China of “insincerity and hypocrisy” after Beijing rejected calls to comply with the 2016 arbitral ruling, as another confrontation near Scarborough Shoal was reported. Regional Haze Warning: A think tank issued a “red alert” for severe transboundary haze risk in Brunei, Indonesia, Malaysia and Singapore, warning higher costs could worsen land-clearing practices. Brunei-Linked Regional Cooperation: ReCAAP ISC and the Philippine Coast Guard held a senior meeting with Brunei and other focal points to strengthen cooperation against piracy and sea robbery. SME Market Entry Push: Business Bridge Asia expanded Southeast Asia consulting support for SMEs, offering country-specific guidance backed by former diplomats and industry veterans.