Forest City
Techno-utopia rises in Malaysia’s US$100 billion Forest City debacle
The construction of Network School will employ a ‘portable template’ that can easily be replicated across the world, says serial tech investor Balaji Srinivasan
Malaysia mulls over plans for casino in Forest City as part of Johor-S’pore Special Economic Zone: sources
Opening a second casino in the country could prompt political backlash from the Malay-Muslim majority
Malaysia offers zero tax for family offices in US$100 billion Forest City development
The single-family office programme “aims to attract regional and Malaysian families to manage their family wealth from Malaysia”
Forest City could become cheaper, secondary family office hub to complement Singapore
While the fundamentals are there, it is too early to tell if the zone could become a regional wealth centre
Moves to revive Johor’s Forest City hold promise but success hinges on SEZ and robust ecosystem
The real test for the project lies beyond tax incentives – it must attract top talent and build essential infrastructure to secure significant investment and become a competitive financial hub
Malaysia to launch special financial zone in Forest City to woo investments, stimulate economic growth
Analysts expect a slew of fiscal and non-fiscal incentives to lure more residents and human capital to reinvigorate the mixed development project
Malaysia set to declare Johor’s Forest City a duty-free zone to revitalise struggling project
However, sceptics doubt the move will inject new life into the mega development, citing the lack of specific details
South-east Asia bets big on casinos, but who will take Singapore’s crown?
While the Philippines is hot on the city-state’s heels, Thailand may be a dark horse to watch
Eyes on Johor as it seeks to be ‘Malaysia’s Shenzhen’
[KUALA LUMPUR] Johor, the southernmost state in Malaysia, is finding itself in the regional spotlight these days as it builds momentum towards its aim of achieving the type of success that Shenzhen ha...
Country Garden’s Forest City is at only 1% of resident target
AS CASH-STRAPPED developer Country Garden battles to stave off default, its sprawling US$100 billion development in Malaysia has come under scrutiny from creditors even as the South-east Asian nation ...
