When it comes to risk management, the adage “Failing to plan is planning to fail”, rings truer than most. Risk management is vital in any business, and when a more cost-efficient and customisable alternative to outright insurance purchase is sought, captive insurance ticks...
Captives remain a vital business segment in Labuan International Business and Financial Centre (Labuan IBFC) with four new captives being approved between January and June 2019, totalling 51 captives registered in the jurisdiction as of June 2019.
RoboMarkets Asia Ltd has received the license that allows providing services on Forex and CFD markets from the Labuan FSA and opened a regional headquarters in Labuan.
Labuan is set to be the next city after Cyberjaya and Putrajaya to receive the all-new fifth generation (5G) technology facilities this year, says Labuan Corp chairman Datuk Seri Amir Hussein.
Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc