Malaysia wants the global rich. They're saying 6-7
The SC pivots as Forest City ain’t catching billions yet.
This week I’m running a rare surplus of stories. So I may be more frequent in your inbox.
The aim here is to just send out shorter briefs than the usual longform this time round, since the mental load of frequent newslettering at high word count can be taxing.
Today’s newsletter takes on one of those funny policies about attracting the global wealthy.
It’s Friday, after all.
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We want to be a hub for family offices.
To entice them, the Malaysian government set up a scheme under the Forest City special financial zone.
Nine applicants have been approved, though the SC didn’t disclose all of their identities.
But we know two of them.