MSME Tax Relief (Philippines): Sen. Mark Villar filed a bill to exempt micro, small and medium enterprises from the Minimum Corporate Income Tax, citing MSMEs’ huge role in GDP and jobs while arguing rising costs and inflation are squeezing operators. MSME Payment & Compliance (India): India’s Rajya Sabha passed the MSME Development (Amendment) Bill, 2026, aimed at improving cash flow, reducing payment delays, and simplifying compliance amid opposition protests. Corporate Rules Update (India): A JPC report backed the Corporate Laws (Amendment) Bill, 2026, recommending changes to streamline compliance, strengthen governance, and shift some procedural defaults toward civil penalties. Local Tax Relief (US/Ohio): Ohio’s sales tax holiday returns Aug. 7-9 with a narrower scope than last year, focusing on clothing and school supplies. SME Costs & Cash Flow (Global): A new wave of coverage highlights practical pressure points for small firms—cash flow visibility, delivery as part of customer experience, and how card processing fees can erase thin margins. Payments & SME Growth (Nigeria): Paystack opened applications for a Small Business Launchpad to help Nigerian merchants grow operations, with business clinics and free processing after completion. Tech for Small Firms (India): Google selected 20 AI-powered Indian startups for its Play Accelerator India program, including tools aimed at helping small businesses get paid faster. Housing Finance (US): JPMorgan pledged $750B+ to build or preserve about 1M affordable homes through 2035, boosting lending capacity and first-time home purchases. Regulatory Watch (US/Banking): US banking regulators proposed changes to the Community Reinvestment Act rules, a move that could reshape how banks handle grants and donations tied to community support. Energy & Infrastructure (US/Ohio): Ohio’s consumer watchdog urged regulators to stop residential and small-business customers from footing grid upgrade costs driven by data center growth.