Tourism & Spending Pressure: Pattaya’s rainy-season slowdown is hitting the night economy hard, with bars and small tourism businesses reporting fewer customers and weaker spending even as some venues still see steady crowds. B2B Tourism Push: The Tourism Authority of Thailand is gearing up for Thailand Travel Mart Plus 2026 in Pattaya (June 10–12), aiming to match 428 Thai tourism operators with 400+ international buyers under a “Healing is the New Luxury” theme. Regional Trade & Logistics: Malaysia-Thailand connectivity gets a boost with the launch of Perlis Inland Port (PIP) and a free trade zone, positioned to help meet a US$30bn bilateral trade target and link ASEAN with East Asia/Eurasia. ASEAN Defence Cooperation: ASEAN defence ministers reaffirm stronger regional security coordination, including joint training and disaster-response exercises, at the Shangri-La Dialogue. Underwater Infrastructure Security: Malaysia and 16 other nations launch GUIDE principles to protect critical underwater infrastructure, reflecting growing concern over disruptions to communications and energy networks. Defence Exports Watch: India’s defence chief says a BrahMos missile deal with Vietnam is already signed (not yet public) and Indonesia talks are in the final stages, underscoring rising arms trade in Southeast Asia. Currency Policy: RBI is considering reintroducing polymer banknotes, citing higher printing costs and rising soiled-note disposal. Thailand Legal/Policy: Thailand’s criminal court acquits a political leader of lèse majesté charges, adding to the week’s legal-policy headlines.