2d ago
By Jailani Hasan
LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.
2d ago
LABUAN, May 4 (Bernama) -- Labuan Corporation (LC) is stepping up efforts to participate directly in business ventures through asset capitalisation, as part of a broader strategy to achieve long-term financial sustainability and reduce reliance on annual government grants.
7d ago
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.
7d ago
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.
7d ago
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.
8d ago
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.
8d ago
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.
15d ago
By Jailani Hasan
LABUAN, April 21 (Bernama) -- Logistics must be repositioned from a background cost centre into a strategic economic engine if Sabah is to enhance its competitiveness and marketability in regional and global trade, said the Chartered Institute of Logistics and Transport (CILT) trainer Datuk Ramli Amir.
16d ago
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).
18d ago
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.
20d ago
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.
20d ago
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.