Putrajaya, Malaysia has backtracked on Prime Minister Mahathir Mohamad’s comments about banning foreigners from buying homes in Forest City mixed-use development in Johor state, reports Property Report (30 August 2018). Carrie Law, CEO and Director of Juwai.com said that Malaysia has one of the most welcoming foreign investment and residency programmes of any country in the world. The prime minister’s office clarified that Malaysia still welcomes foreign direct investment that "contributes to the transfer of technology, provides employment for locals and the setting up of industries".