LABUAN, April 29 (Bernama) -- Labuan’s duty-free status should be given equal consideration for full restoration, in line with the proposal being studied for Langkawi, to support the island’s tourism, retail and business sectors, the Labuan Corporation (LC) Advisory Council said.
LABUAN, April 29 (Bernama) -- The Commercial Vehicles Licensing Board (CVLB) has been urged to establish a branch here to facilitate dealings by transport and logistics companies operating on the island.
LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.
KUALA LUMPUR, April 28 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) will focus on intensifying market development and innovation in digital finance, Islamic finance and insurance as Labuan International Business and Financial Centre (Labuan IBFC) navigates a more challenging external environment in 2026.
KUALA LUMPUR, April 28 (Bernama) -- The Labuan International Business and Financial Centre (Labuan IBFC) recorded total industry assets of US$94 billion (US$1=RM3.95) in 2025, up 13 per cent from the previous year, reflecting continued resilience and growth momentum across key sectors.
LABUAN, April 20 (Bernama) -- Labuan Member of Parliament Datuk Dr Suhaili Abdul Rahman has retained his position as president of the Malaysian Malay Chamber of Commerce (DPMM) Labuan branch after being returned unopposed at its annual general meeting (AGM) on Sunday (April 19).
PORT KLANG, April 18 (Bernama) -- The government has given assurances that there are no suitability issues arising from the use of biodiesel, particularly at the B20 level, following the implementation of vehicle engine specifications supporting the fuel since 2020.
PUTRAJAYA, April 16 (Bernama) -- Agricultural income for Labuan recorded RM247.14 million in 2023, with the capture fisheries subsector registered as the main contributor at RM217.16 million, according to the Agricultural Census Report 2024 for the Federal Territories published by the Department of Statistics Malaysia (DOSM) today.
By JAILANI HASAN
LABUAN, April 16 (Bernama) -- Universiti Malaysia Sabah Labuan International Campus (UMSKAL) through its Labuan Faculty of International Finance (FKAL) has launched the ISRA Corner, marking a strategic step towards establishing an Industry-on-Campus (IoC) ecosystem for Islamic finance in Labuan.
PUTRAJAYA, April 15 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir will do a working site visit in Selangor this Saturday to assess the raw inputs used in the biodiesel blending process.
KUALA LUMPUR, April 15 (Bernama) -- The price of diesel in Sabah, Sarawak, and the Federal Territory of Labuan is maintained at RM2.15 per litre because diesel is not just fuel, but a lifeline for daily activities.
By M. Saraswathi
KUALA LUMPUR, April 12 (Bernama) -- The gravity of a crisis is rarely understood until it intrudes and profoundly affects our daily lives.
