Tag: Forest City
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What Network School’s closure tells foreign investors about doing business in Malaysia
The saga shows foreign investors need to understand Malaysia’s multi-layered regulatory system and navigate domestic political and geopolitical sensitivities, analysts say.
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Johor police arrest 335 scam suspects in Forest City crackdown
The suspects were mostly foreigners and allegedly belonged to two syndicates targeting victims abroad, says Johor’s police chief.
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Malaysia foreign minister says envoy summoned by US over Israel policy amid Network School saga
Network School, the “digital nomad” community founded in Malaysia by US investor Balaji Srinivasan, came under scrutiny after social media users alleged that it included participants from Israel.
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‘Hopes are dashed’: Network School members express frustration after Forest City campus ordered to close
Some members of the tech startup community told CNA they are cutting short their stay in Johor and returning home after authorities ordered the Network School to cease operations immediately.
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Network School in Johor’s Forest City ordered to cease operations after business licence revoked
Iskandar Puteri City Council’s decision was in accordance with existing legal provisions, says Johor Chief Minister Onn Hafiz Ghazi.
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Network School ordered to cease operations at Forest City site over licensing breach; founder says operations continue
Johor Chief Minister Onn Hafiz Ghazi said the Iskandar Puteri City Council has issued a cessation notice to one of the startup community’s premises as well as an advertising licence notice for displaying non-compliant signboards.
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Forest City’s Network School says US$122m investment plan on hold amid Malaysia’s probe into alleged Israeli link
Locals in Johor’s Forest City tell CNA the startup community has boosted businesses but add that anyone found breaching Malaysia’s immigration laws should face action.
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