7m ago
LABUAN, Oct 3 (Bernama) -- Bioethanol is emerging as a promising alternative fuel in Malaysia’s oil and gas (O&G) sector, underscoring the nation’s commitment to environmental sustainability.
7m ago
KUALA LUMPUR, Nov 1 (Bernama) -- MMAG Holdings Bhd's subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has received the Labuan Financial Services Authority’s (Labuan FSA) approval to establish a wholly-owned subsidiary in Labuan to carry on a leasing business.
7m ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing to impose a 2.0 per cent dividend tax on taxable dividend income, after considering allowable exemptions and deductions, effective from the 2025 assessment year.
7m ago
KUALA LUMPUR, Oct 18 (Bernama) -- The government is proposing an income tax exemption for Labuan commercial entities conducting Islamic financial activities, including Labuan takaful and eligible related businesses, according to the Ministry of Finance (MoF).
7m ago
LABUAN, Oct 9 (Bernama) -- The Asia International Exchange (AIX) marked a significant milestone today with the soft launch of its digital asset platform, positioning Labuan as a key financial technology (fintech) hub in the region.
7m ago
LABUAN, Oct 9 (Bernama) -- The increasing interest in digital assets and alternative financial instruments is driving innovation and growth within Labuan's financial sector.
8m ago
KUALA LUMPUR, Oct 1 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), will supply gas to Sabah Electricity Sdn Bhd (SESB) for power generation in Sabah and Labuan.
8m ago
LABUAN, Sept 27 (Bernama) -- The Agriculture and Food Security Ministry (KPKM) is calling for Labuan to adopt vertical farming as a strategy to bolster its agricultural sector and address the ongoing food supply shortage.
8m ago
LABUAN, Sept 27 (Bernama) -- The Ministry of Transport (MoT) has not yet reached a decision regarding the proposed Labuan Integrated Port, intended to replace the over 50-year-old Labuan Liberty Wharf.
8m ago
LABUAN, Sept 25 (Bernama) -- Labuan’s containerised port operator Megah Port Management Sdn Bhd (MPM) has increased collaboration with government agencies to ensure seamless port operations.
8m ago
LABUAN, Sept 23 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has been named the ‘Best International Jurisdiction for Islamic Banking and Finance 2024’ at the 14th Global Islamic Finance Awards (GIFA).
8m ago
LABUAN, Sept 22 (Bernama) -- Labuan-based Sabah state government-linked company (GLC) Asian Supply Base Sdn Bhd (ASB) has marked a significant international milestone by securing its first international client, the Philippines’ Prime Energy Resources Development BV.