November 2017
Direct from Asia Pacific's Leading Midshore Business and Financial Centre.
“It is not an option for us to remain where we are. We must embrace the new reality, change course and design a new strategy for our industry. Or else we will perish. We are in this as a community.”
Articulated by the Chairman of Labuan Financial Services Authority (Labuan FSA) Tan Sri Muhammad Ibrahim, during his speech at the Labuan Industry Annual Dinner 2017 recently, when he urged the industry players and regulators to play a more contributing role in the economic development of Labuan island...

Integrated aluminium product producer, Press Metal Aluminium Holdings Bhd through its wholly-owned subsidiary, Press Metal (Labuan) Ltd, has successfully issued US dollar-denominated senior notes of US$400 million (RM1.7 billion).

Bank Negara Malaysia (BNM) on 27 October 2017, held a dialogue with key representatives from the local business community in the Federal Territory of Labuan. 

Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim says the time has come for a review of Labuan's current tax framework.

Labuan IBFC Inc Sdn Bhd, the marketing and promotional arm of the Labuan International Business and Financial Centre, has welcomed the announcement of the feasibility study to be conducted towards the development of a bridge linking Labuan Island to the Sabah mainland.

There are exciting times expected ahead in Labuan. In line with the Chairman of Labuan Financial Services Authority (Labuan FSA) Tan Sri Muhammad bin Ibrahim’s speech at the Labuan Industry Annual Dinner 2017, various initiatives are underway towards building a more inclusive, diversified and sustainable Labuan economy. 
Towards this the local business community have been encouraged to enhance their level of corporate social responsibility especially in nurturing Labuan’s talent pool. 
Activities such as the setting-up of a scholarship fund as well as the sponsoring of construction and upkeep of the island’s public amenities, have also been identified as key initiatives. 
In addition, a tax review is expected soon, ensuring that Labuan IBFC remains relevant and aligned with global regulatory standards such as the Base Erosion Profit Shifting initiative.  
The possibility of a bridge connecting Labuan and Sabah mainland, is also very much anticipated. The enhanced level of connectivity with the greater Asian region via this bridge, will certainly benefit Labuan.  
Indeed, we strive to continuously be agile and to embrace the change with an open mind.  
Together with your support, we look forward to building a stronger Labuan. 
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Chief Executive Kneeshaw of RL360°, an entity licensed by Labuan Financial Services Authority, sees Malaysia as a hub for Southeast Asia

In July 2017, Malaysia marked another milestone in both green financing and global sukuk arena with the inaugural issuance of world’s first green SRI sukuk by Tadau Energy Sdn Bhd.

The Exemption Order exempts a non-resident from the payment of income tax in respect of certain categories of income derived from Malaysia under certain circumstances.

According to the report, family offices are paying more attention to how they can make money for their clients and tackle issues such as poverty and global warming.

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