Nik Mohamed Din’s statement came after Labuan IBFC recorded a 39.4% year-on-year jump in lease revenue to US$961 million for 2023, due to higher demand, particularly from the aviation leasing ...

LABUAN: Labuan International Business and Financial Centre (Labuan IBFC) has a new franchise business, not the usual food and beverage (F&B) outlet, but a shoe cleaning and refurbishment store.

The bank, which was granted a licence to operate in Labuan IBFC in June this year, exchanged MoUs with, among others, Labuan IBFC, ZICO Trust Ltd, PricewaterhouseCoopers Malaysia, Public Bank (L ...

Labuan International Business and Financial Centre (Labuan IBFC) contributed RM1.2bil to Malaysia’s fiscal revenue, passing the RM1bil level for the first time, she said. “Creation of new jobs ...