According to Reuters, on October 2nd, Israeli Foreign Minister Katz announced that Israel has banned UN Secretary General Guterres from entering the country because Guterres did not explicitly condemn Iran's missile attacks on Israel.

Previously, Iran launched a missile towards IsraelMore than 180 ballistic missiles were intercepted in mid air, but some penetrated missile defense systems with no reported casualties. In his subsequent brief statement, Guterres only condemned the escalating Middle East conflict. Israeli Foreign Minister Katz stated that Guterres failed to condemn Iran and would not be welcomed in Israel.

02Malaysia plans to reform poverty alleviation measures

According to comprehensive news from Putrajaya, Malaysian Prime Minister Anwar Ibrahim recently stated in his speech at the opening ceremony of the National Poverty Alleviation Seminar that the authorities allocate RM20 billion to RM22 billion annually for poverty alleviation funds. However, the poorest people receive up to about 20% of the funds, while the remaining 80% are used for management expenses of various institutions. Therefore, the government is preparing to further tighten subsidy regulations to reduce the unreasonable situation where wealthy families can also enjoy subsidies.

Economy Minister Rafez said at the seminar that grants and subsidies often result in beneficiaries being more dependent on the government, making it impossible to completely solve the problem of poverty. The government must create economic growth and employment opportunities through policies, so that vulnerable groups can be self reliant through work. He stated that a better solution besides providing cash assistance is to create economic activities that can generate sustained income.

military

01Hezbollah confirms for the first time that it has engaged in combat with Israeli ground forces

According to Xinhua News Agency, on October 2nd, Lebanon's Hezbollah reported that Hezbollah militants engaged in a firefight with Israeli ground forces in southern Lebanon in the early hours of the morning. This is the first time that Hezbollah has confirmed a firefight since the Israeli military announced ground strikes against Hezbollah targets. It is reported that this Israeli army attempted to infiltrate the border town of Adisa, and Hezbollah militants engaged in a firefight with them, causing personnel losses to the Israeli army and forcing them to retreat.

In addition, the Israel Defense Forces issued a statement stating that they have begun targeting Hezbollah in southern LebanonLimited, localized, and targeted ground strikes. A spokesperson for Hezbollah stated that they are ready to directly confront enemy forces attempting to enter Lebanese territory.

01Oracle Corporation plans to invest over HKD 8.4 billion in Malaysia

Kuala Lumpur News: Recently, Oracle Corporation of the United States plans to invest over 6.5 billion US dollars to build a public cloud area in Malaysia to meet the growing demand for artificial intelligence and cloud services. This is the latest major investment by a global technology company in Southeast Asian countries, and the largest single technology investment Malaysia has received so far, surpassing the previously announced $6.2 billion investment plan by Amazon Web Services, a subsidiary of Amazon.

Minister of Investment, Trade and Industry of Malaysia, Dongguzavlu, stated that the investment will strengthen the country's entities, especially small and medium-sized enterprises, by leveraging innovation and advanced technologyAI and cloud technology enhance global competitiveness and help Malaysia achieve its goal of becoming a leading digital investment destination in Southeast Asia. It is reported that since last year, companies such as Microsoft, Nvidia, and Google have announced investments in Malaysia, mainly in the fields of cloud services and data centers.