5m ago
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
6m ago
LABUAN, Sept 29 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) has reached a defining chapter in its 35-year journey, standing as a resilient, innovative and globally recognised hub for financial services.
6m ago
LABUAN, Sept 29 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) achieved a milestone with its maiden inclusion in the Global Financial Centre Index (GFCI), cementing its reputation as a growing international financial hub.
6m ago
LABUAN, Sept 29 (Bernama) -- Business operations of both foreign and Malaysian companies within the Labuan International Business and Financial Centre (Labuan IBFC) have created economic activities, investments, and revenue that benefit the nation’s coffers and the island as a whole, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
6m ago
By Jailani Hasan
LABUAN, Sept 29 (Bernama) -- Finance Minister II Datuk Seri Amir Hamzah Azizan today received a detailed briefing from the Labuan Financial Services Authority (Labuan FSA) on the progress, achievements and future direction of the Labuan International Business and Financial Centre (Labuan IBFC).
7m ago
KUALA LUMPUR, Aug 22 (Bernama) -- Hong Kong-based green technology firm Unity Group Holdings International Ltd, in partnership with Labuan-based Tek Securities Ltd, has unveiled a RMB200 million climate sukuk from the Labuan International Business and Financial Centre (IBFC) to fund certified carbon credit projects under Selangor’s “Green Initiative Programme.”
11m ago
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) is strengthening its position as a future-ready financial hub by anchoring its growth agenda on sweeping legal reforms, emerging global trade dynamics, and an enhanced regulatory ecosystem.
11m ago
KUALA LUMPUR, April 30 (Bernama) -- Today marked the end of Nik Mohamed Din Nik Musa’s tenure as Labuan Financial Services Authority (Labuan FSA) director-general, leaving behind a legacy defined by resilience, regulatory transformation, and strategic recalibration during one of the most difficult chapters in Labuan’s financial history.
11m ago
KUALA LUMPUR, April 30 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) is setting the tone for 2025 with commitments to regulatory reform, digital innovation, and inclusive economic growth, as outlined in today’s Labuan International Business and Financial Centre’s (Labuan IBFC) Market Report 2024.
11m ago
KUALA LUMPUR, April 30 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded robust growth across key sectors in 2024, with developments driven by regulatory adaptability and market innovation.
1y ago
LABUAN, Dec 19 (Bernama) -- The passing of four bills under the Ministry of Finance aimed at regulating business activities in the Labuan International Business and Financial Centre (Labuan IBFC) is set to strengthen Malaysia’s standing ahead of the fourth Financial Action Task Force (FATF) evaluation in February 2025.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- The Dewan Negara has passed five bills under the Ministry of Finance related to business activities in Labuan, namely the Labuan Business Activity Tax (Amendment) (No.2) Bill 2024 and the Labuan Companies (Amendment) Bill 2024.