Highlights:

  1. PM rules out any cabinet reshuffle
  2. Finance Minister says 2019 will be start of country’s economic development
  3. 123 illegal foreigners nabbed in Kuala Lumpur
  4. US President to meet North Korean leader in second summit in Vietnam

No cabinet reshuffle, says Mahathir

Prime Minister Tun Dr Mahathir Mohamad has dismissed rumours of a Cabinet reshuffle that would reportedly take place after the Chinese New Year festival,  “No reshuffle, no change. I stick with the same (Cabinet ministers),” he told reporters after attending the Chinese New Year ‘open house’ hosted by Finance Minister Lim Guan Eng in Kuala Lumpur.

2019 will be the beginning of nation’s economic development

Finance Minister Lim Guan Eng is confident 2019 will see the beginning of economic development for Malaysia, given the country’s fiscal position which has begun to consolidate and the impressive increase in foreign direct investments (FDIs) into the country since 2018. “We hope 2019 will be a more prosperous year for Malaysia. We have been able to strengthen our fiscal position since last year and this provided the confidence to foreign investors, as well as, international institutional funds hat Malaysia was committed in addressing problems inherited from the previous government. ” At the same time, we are committed to achieve our target and we have achieved the target. That is why we will see the beginning of economic development this year. We hope Malaysian investors can assume a role too and continue investing domestically,” he told reporters in Kuala Lumpur. Commenting on the East Coast Rail Link (ECRL), Lim said the project was still in the negotiation stage and an official announcement would only be made after a final decision is reached.” The proposed ECRL project is slated to link Kota Bh\aru in Kelantan to Gombak, Selangor, covering a total length of 688.3 kilometres with 44 planned tunnels along the route.

Integrated operation nets 123 illegals in KL

The Immigration Department has detained 123 illegal immigrants in several hot spots in an integrated enforcement operation in Kuala Lumpur on Tuesday. Its director-general Datuk Khairul Dzaimee Daud said the operation started at 3 pm in conjunction with the current festive season. “A total 536 people of various nationalities were checked during the operation. Those detained were from Bangladesh (68), Indonesia (36), Myanmar (seven), Nepal (nine), Pakistan (one), Yemen (one) and India (one),” he said in a statement.

US President Donald Trump to meet North Korean leader Kim Jong-un in Vietnam for historic second summit

United States President Donald Trump said he plans to meet North Korean leader Kim Jong-un for a two-day summit in Vietnam on February 27 and 28. “As part of a bold new diplomacy, we continue our historic push for peace on the Korean peninsula,” Trump said in his State of the Union address in Washington on Tuesday. “Much work remains to be done, but my relationship with Kim Jong-un is a good one. And Chairman Kim and I will meet again on February 27 and 28 in Vietnam.” President Trump confirmed the talks would take place after North Korea released American hostages, halted nuclear testing and did not launch a missile in over 15 months. The meeting would be Trump’s second summit with Kim over the last year and the first time a US president has twice met the leader of the authoritarian regime. The two men held their first meeting in Singapore in June, during which they agreed on a framework for future negotiations, including that North Korea would begin to work towards “complete denuclearisation”.