Seeking business stability and safety in the new "normal" of trade wars
There is a popular Malaysian adage – “When elephants fight each other, the mousedeer dies in the middle” – where conflict between “big” entities leads to collateral damage on the “smaller” entities.
This proverb couldn’t be more evocative against the backdrop of today’s ever-present global trade war. As major economies inflict tariffs upon tariffs on each other, smaller economies feel the aftershock from these actions, especially in their economic growth...
The Guidance Note is intended to outline the suite of professional services that Labuan Managers can offer for their clients and prospects that wish to operate in the Labuan insurance market.
Major banks are tapping into the world's most rapidly growing economies, which are considered to be their next overseas cash cows, in a bid to overcome difficulties in finding new revenue sources in the saturated domestic financial market.
It was also my honour to have been invited to speak at the Financial Centres Summit in Dublin, Ireland recently. As the sole representative of an Asian IFC, it was fantastic to have networked with our European counterparts, and to truly appreciate how universally similar our challenges are. Esprit de corps was certainly in the air.
Looking forward, we are not letting up our pace and will be conducting market development and promotional visits to the Gulf, Singapore, China and India. Do drop us a note to catch up or if you would like to attend any of our events.
In addition, we've just launched our Perception Survey to better understand how we might improve our offerings. Please do take part and contribute your opinion of us (good or bad), your feedback is indeed extremely important to us.
Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc
Euromoney, one of the world’s leading financial media companies, and CreditEase, one of China’s top wealth management firms, explore the opportunities and risks facing high-net-worth investors (HNWIs) considering how best to transfer their wealth.
