Malaysia Subsidy Crackdown: Malaysia’s Domestic Trade ministry deactivated 179 firms from its cooking-oil subsidy system (eCOSS) for violations like over-selling, improper storage, expired licences, and alleged identity misuse, as complaints and users keep rising. M&A Watch: TMK Chemical proposed buying 100% of CCM (minus certain assets) for RM920m in a cash-free, debt-free deal, with BKB taking at least 20% in the enlarged TMK. Trade & Growth Outlook: Kenanga IB expects Malaysia’s distributive trade growth to reach 6.1% in 2026, warning that energy prices, geopolitics, and supply disruptions could cool demand later. Cuba Liberalization: President Díaz-Canel unveiled reforms to decentralize Cuba’s economy, expand private activity, and shift subsidies toward targeted aid amid the oil crisis and US sanctions. California Packaging Compliance: California’s landmark packaging law is off to a slow start, with fewer than half the estimated covered businesses registered before the May 31 deadline. Space & Markets: SpaceX’s IPO surged, but China/Hong Kong investors were barred on national-security grounds, reshaping who can participate as AI hype meets public-market reality. Customs Reform Input: Vietnam’s business groups fed into a draft Customs Law update aimed at cutting delays and waste for firms. Citi Exits Poland: Citi finalized the sale of its Polish consumer-banking business to Velobank as it continues simplifying away from underperforming markets. Curaçao Red Tape Push: Curaçao is rolling out reforms to cut bureaucracy and business costs, including digital government services and tourism planning. Bankruptcy Deal: Sleep Number filed for bankruptcy to merge with Sleep Country Canada via a court-supervised sale process. Corporate Tech Deal: Adyen agreed to buy Orb for $335m to strengthen AI-powered enterprise billing as it also lines up another major acquisition closing in July.