Outbound Investment Controls: China’s State Council rules tighten oversight of overseas deals tied to Chinese tech, data and national security, with new authorization requirements and a July 1 start date—raising compliance risk for global investors. Manufacturing Pulse: India’s factory activity picked up in May (HSBC PMI 55.0), with new orders and output rising; hiring continued but job creation slowed. Digital Trade: ASEAN wrapped up negotiations for the ASEAN Digital Economy Framework Agreement, set for signing in November—aimed at boosting digital trade and jobs across the region. AI & Hiring: India’s GenAI adoption is rising (SIDE report ranks India 5th for GenAI usage), even as concerns grow about AI-driven job disruption. SME Resilience: Singapore SMEs are bracing for Iran-war-driven cost and planning uncertainty, with sustainability framed as a practical survival lever. Workforce Mobility: Australia’s PALM scheme held an employers expo with Papua New Guinea partners to strengthen labour mobility links. Labour Rights & Inclusion: India’s Delhi High Court recognized a “right to be forgotten,” noting digital permanence can harm employment and professional growth. Policy for Youth Jobs: India’s PM internship scheme targets 1 crore youth over five years with structured, skills-focused placements. Energy Shock Hits Tourism Jobs: Iran-war price pressures are straining Southeast Asia’s tourism economies, threatening seasonal demand and livelihoods.