December 2016
Insight
Plus
Direct from Asia Pacific's Leading Midshore Business and Financial Centre.
Josephine Chin,
Manager,
Events, Market Intelligence & Strategic Communications
Never thought I would say this but I have had a super crazy year and LOVED every moment of it! Guess the support from everyone helped the team and I pull through. We now deserve the time to unwind, be jolly and revel in festivities! Personally am looking forward to spending Christmas and New Year with my loved ones, and come back fresh to seize 2017 with much zest!
Hiu Chee Fatt,
Director,
Business Development
2017 will see the global business landscape transforming. The BD team has been busy reaching out to the market, educating businesses about the importance of economic substance especially in the age of tax transparency. I look forward to another exhilarating year ahead as we launch innovative and sustainable solutions towards assisting businesses adapt to this new normal.
Norazlin Abd Jalil,
Director,
Business Development
It’s down to the last calendar page and every page that I’ve teared, marks every progress the team has achieved. Meeting new people at new places and giving them new ideas to expand their businesses is something I will continue to do. Never know, where we’ll meet one day. In Russia, maybe?
As we wrap up the year and start a new one, we wanted to share key status figures, as well as our plans for the year ahead in this special issue.
2016 has been an eventful year and the team had worked flat out. We ventured into newer markets in Southeast Asia, reinforcing our presence in North Asia and the Middle East via our marketing and promotional efforts.
Despite the hectic schedule, our efforts have been rewarding, and along the way we have found ourselves new partners and friends
We would also like to take this opportunity to thank you for your support and belief in us. My team and I hope you will continue to join us on this journey in making Labuan IBFC Asia’s preferred midshore international business and financial centre.
Here’s hoping you and your loved ones have a lovely festive year ender, and we look forward to seeing you in 2017!
Danial Mah Abdullah
CEO, Labuan IBFC
Leasing, captive insurance, commodity trading and wealth management have been identified as the high growth potential sectors that have continued to show upward trends in driving Labuan IBFC’s growth in recent years. Our marketing and promotional efforts will focus on these niches as we further refine our distinct value proposition in these areas.
Repositioning Labuan IBFC
As articulated by Chairman, Labuan Financial Services Authority, Datuk Seri Muhammad Ibrahim, a holistic repositioning of Labuan IBFC is being carried out to propel it to greater heights. The business environment has changed and as such, it is recognised that Labuan IBFC would need to also adapt in response.
This repositioning will also entail enhancing the level of Labuan’s connectivity, regionally and with Sabah. This aim was further reiterated at the Asian Business Conference 2016, with the announcement that a proposal for a bridge linking Labuan to Sabah will be an element of the Labuan Development Blueprint, as developed by Labuan Corporation, the economic development Board of the territory.
Danial Mah Abdullah,
CEO
It has been a great year and we are looking forward to an exciting in 2017 and beyond. The support from everyone in making 2016 a success has been wonderful. A heartfelt thank you! Meanwhile, have a great time with the family in this holiday season, Merry Christmas and Happy New Year!
Muhammad Hafiz bin Md Yatim,
IT Executive, Corporate Services
The only way to end 2016 smoothly is to have our web infrastructure run smoothly and no internet downtime! As it will be quieter with many colleagues away for their year-end holidays, I shall stay and hold the fort while enjoying the peace and quiet.
Farah Jaafar-Crossby
Director,
Market Intelligence & Strategic Communications
It’s been a tiring but fulfilling year, with new relationships built and existing ones strengthened. My team and I can only do what we do, with your support, so thank you! Am really excited about the promise 2017 brings, but till then my focus will be on our family adventure in Luang Phrabang, Laos. Happy Holidays!
Nadia Shariff,
Executive,
Business Development
“Man cannot discover new oceans unless he has the courage to lose sight of the shore”. Here's hoping the man finds his midshore in Labuan IBFC. Life is as usual for me this festive season, assisting my BD directors while looking forward to 2017.
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