Datuk Wan Mohd Fadzmi Concludes Tenure As Labuan FSA's Chairman

LABUAN, Jan 3 (Bernama) -- Datuk Wan Mohd Fadzmi Che Wan Othman Fadzilah has concluded his tenure as chairman of the Labuan Financial Services Authority (Labuan FSA) on Dec 31, 2024.

High-impact Investments In SOGIP Expected To Begin Operations In 2026-2027 - Hajiji

SIPITANG, Dec 28 (Bernama) -- The Sipitang Oil and Gas Industrial Park (SOGIP), which has secured investments totalling about RM29.87 billion, is expected to begin operations in 2026 and 2027, said Chief Minister Datuk Seri Hajiji Noor.

Penang, Johor, Selangor, Sarawak And KL Dominates Malaysia's Exports In November - DOSM

KUALA LUMPUR, Dec 27 (Bernama) -- Penang, Johor, Selangor, Sarawak, and Kuala Lumpur dominated Malaysia’s exports, accounting for 83.8 per cent of the total in November 2024, said the Department of Statistics Malaysia (DOSM).

Malaysia's November 2024 Inflation Falls To 1.8 Pct -- DOSM

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysia’s inflation rate for November 2024 has decreased to 1.8 per cent, down from 1.9 per cent in October this year, the first decline since August 2021, according to the Department of Statistics Malaysia (DOSM).

Labuan IBFC Prepares For FATF Evaluation With Key Legislative Reforms 

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.

Labuan Attracts Interest From 32 Investors Across Key Sectors, Says Dr Zaliha

LABUAN, Dec 19 (Bernama) -- Minister in the Prime Minister’s Department Dr Zaliha Mustafa said that at least 32 investors, foreign and local from diverse industrial sectors have expressed keen interest in investing in this duty-free island.

Dewan Negara Passes Five Bills Related To Business Activities In Labuan

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.

Neurogine, PIKAP Partner For Cross-border Remittance Programmes In 2025

By Jailani Hasan

LABUAN, Dec 6 (Bernama) -- The Malaysian National Association of Employment Agencies (PIKAP), representing key foreign labour employment agencies in the country, has signed a memorandum of understanding (MoU) with Neurogine Sdn Bhd to initiate cross-border remittance programmes. 

List Of Services Subject To SST Scope Expansion To Be Announced In Early 2025 - Lim

KUALA LUMPUR, Dec 4 (Bernama) -- The list of services subject to the expanded scope of the Sales and Service Tax (SST) will be announced in early 2025 before being implemented beginning May 1, 2025, according to Deputy Finance Minister Lim Hui Ying.

Transport Ministry Forms Committee To Review Maritime Law, Port Acts

KUALA LUMPUR, Nov 28 (Bernama) -- The Transport Ministry has formed the Malaysia Maritime Law Revision Committee (MLRC) to review and update the Merchant Shipping Ordinance (MSO) 1952 and the respective Port Acts to ensure they remain relevant and effective in the face of evolving industry practices, international standards, and maritime treaties, said its minister, Anthony Loke Siew Fook.

Entrepreneurs Hail Labuan Connect! For Boosting Income, Visibility

LABUAN, Nov 24 (Bernama) -- Entrepreneurs participating in the inaugural Labuan Connect! programme on Saturday expressed their enthusiasm, describing it as a valuable platform for increasing income and building stronger connections with the Malaysian National News Agency (Bernama).

Labuan Connect! 2024 Empowers Local Entrepreneurs With Growth Opportunities

LABUAN, Nov 24 (Bernama) -- The inaugural Labuan Connect! event brought the spotlight to local entrepreneurs under the National Information Dissemination Centre (NADI), offering them a platform to showcase their products to a broader audience.