This being true, no entrepreneur will ever invest in Malaysia.
It's a huge hit in Malaysia reputation as a business hub.
And the end of Forrest city hopes.
Interesting times.
Let's see what happens.
Network Schoolโs problem is not that Malaysia is hostile to innovation. Malaysia already has a much stronger example of privately built innovation, education, housing and commerce working together. It is called Bandar Sunway.
The difference is that Sunway was built to become part of Malaysia. Network School appears to be built to use Malaysia as a backdrop, while selling access to a transnational social circle whose loyalty is to the network rather than the place hosting it.
Bandar Sunway created a durable urban ecosystem: universities, hospitals, offices, housing, retail, hospitality, transport links and thousands of jobs. Even Malaysians who never study at Sunway University, enter its theme park or use its medical facilities still benefit from the surrounding employment, training, supply chains, property demand and institutional capacity it creates. Its success enlarges Malaysiaโs own capabilities instead of merely importing consumers with money.
Bandar Sunway also shows that a private development can pursue profit without becoming socially detached from its host country. Its commercial success depends on attracting students, patients, workers, residents and businesses into institutions that Malaysians can actually use. The project gains value as the surrounding society becomes stronger. That is very different from a model where exclusivity itself is the product and where local participation is secondary to access granted by a foreign network.
That is what serious place-making looks like. The developer does not merely attract affluent outsiders and call their proximity a community. It builds institutions that remain useful when the original founders leave.
Its legitimacy comes from value embedded in the country, not from the prestige, wealth or social connections of people temporarily occupying rooms. The host society is not scenery; it is the main stakeholder whose long-term interests justify the project.
Network School, by contrast, seems to treat networking itself as the product. Its central promise is access to other selected members, while Malaysia supplies the land, infrastructure, labour, legal jurisdiction and low operating costs. If the network relocates, most of the supposed intellectual value leaves with it. Malaysia is left with rooms, publicity and an argument about special treatment. That is closer to an exclusive membership club than a genuine development institution.
Chinese AI companies offer another useful comparison. Their strongest projects do not define innovation as placing ambitious people in an expensive enclave and hoping that useful ideas emerge. They build models, platforms and infrastructure that are then pushed into manufacturing, logistics, healthcare, robotics, vehicles, energy systems, education and enterprise operations. Innovation is expected to enter production, lower costs and increase national capability, not remain a lifestyle experience for a self-selected elite.
The important point is that ordinary people can benefit without ever opening the AI product themselves. A worker may benefit because a factory becomes more productive. A patient may benefit because medical imaging improves. A consumer may benefit because logistics become cheaper. A local developer may benefit because powerful open-weight models can be adapted without paying a foreign company for every use. The technology becomes part of the economy rather than a gated social identity.
DeepSeek, Qwen and other Chinese systems are not valuable only because they answer prompts. They strengthen domestic research, reduce dependence on foreign platforms, lower costs for local firms and create tools that can diffuse across the entire economy. Their public value is not limited to direct users. Even where companies remain commercial and competitive, the underlying expectation is that technological capacity should circulate through society and industry.
That is the standard Network School should be judged against. Does it train Malaysians, build institutions, create transferable technology, employ local talent, solve Malaysian problems or leave behind infrastructure that still matters after its members depart?
If the answer is mostly no, then Malaysia is not rejecting innovation. It is being asked to subsidise exclusivity, branding and a mobile foreign network. Malaysia should welcome builders, but builders must leave behind more than expensive rooms and flattering stories about themselves. Otherwise, the country provides the platform while outsiders capture the prestige, relationships and upside for themselves, then move on.
Malaysia is demonstrating why it isnโt a good long term home for the Network School (NS). Given that the goal of the NS is to attract Elite Human Capital, not allowing entry of Israelis and having criminal penalties against homosexuality limit Malaysia and Forest Cities attractiveness.
Now NS has enough of a reputation to negotiate with other countries, ask for some tax and regulatory concessions. How much is unclear, but with effective negotiating it could be significant.
Key criteria to consider 1) welcoming host country - host country should welcome them, 2) good location - nice climate, flights relatively quick from target markets, 3) good airport - proximity to well-connected airport, 4) land availability - depending on growth ambitions, a few hundred ha is probably sufficient, and 5) legal concessions - what legal concessions the host country is willing to grant NS.
The legal concessions are worth exploring further. Key concessions pursing include, 1) work/residence visas, 2) taxes, 3) zoning and land use, 4) business registration/approvals, 5) regulatory sandbox for fintech, biotech. In my experience, key to the concessions are framing as a win-win and giving government oversight. One example is, NS would process work/residence visas. Then host country would have two weeks to review. Host country can only deny visa under pre-agreed upon criteria. If not decision in two weeks, then automatic approval.
Most governments are more amenable to such an arragement, especially the middle income or above countries NS should be pursuing. The host country has oversight, but the default status strongly favors NS.
With those conditions, the options for NS are Southeast Asia, Eastern Europe, and Latin America. Southeast Asia benefits from proximity to India and China, as well as having governments that might be more pragmatic about cutting a deal. Eastern Europe, for example, the Balkans, has many countries with nice climates, proximity to Europe, and small governments that might be flexible. Latin America has several countries that could be a good fit, especially in the southern cone, Brazil, Argentina, and Chile.
Managing the process of selecting the next host country, hopefully one that can be a permanent home for NS has important implications not just for NS, but charter cities and the future of sovereignty.
EKONOMI MALAYSIA DIJANGKA MULA TERUK BERMULA JUN KERANA PERANG US IRAN
Penasihat Ekonomi Pejabat Perdana Menteri, Nurhisham Hussein memberitahu Podcast The Breakfast Grill BFM Radio bahawa Ekonomi Malaysia dijangka mula teruk bermula Jun kerana Perang US Iran dan Penutupan Selat Hormuz
Situasi teruk ini akan berlangsung dalam 3 Gelombang.
Gelombang Pertama- Bekalan Minyak Malaysia akan mulai habis. Di mana 3/4 Pengeluaran minyak di Timur Tengah ditutup. Pengeluaran minyak sepenuhnya memakan masa 6 Bulan daripada tarikh perang tamat. Ia bukan seperti tutup paip. Antaranya ialah Telaga Minyak itu disimen dan proses membuka semula telaga itu memakan masa 3 bulan. Proses untuk membersihkan trafik di Selat Hormuz juga dijangka 2-3 bulan. Malaysia import 70 peratus minyak dari Selat Hormuz
Gelombang Kedua - Bekalan Petrokimia mulai terjejas. Rakyat Malaysia memerlukan bahan ini untuk produk kebersihan diri, tuala wanita, lampin bayi, komestik, berus gigi dan sebagainya. 70 peratus kereta dibuat dari plastik.
Gelombang Ketiga- Masalah bekalan mentah. Banyak syarikat hanya ada simpanan bahan mentah untuk hasilkan produk mereka selama 2 bulan sahaja. Hanya 10 ke 15 peratus SME Malaysia mempunyai simpanan bahan mentah selama seminggu atau dua minggu.
Kesan gelombang ini akan menyebabkan produk pengeluaran berkurangan, pekerja tak dapat kerja OT, pengurangan syif pekerja dan ini jejaskan rakyat Malaysia secara perlahan-lahan
Oracle Layoffs - The EMAIL.
The job cuts will affect somewhere around 20,000 and 30,000 - which is about roughly 18% of their global workforce.
This has been clearly evident since early-mid Feb as I have been alerting.