Pivot to Asia continues, commitment to international
standards in tax cooperation and transparency reinforced and
additional key business sectors identified
Thou shalt not shy away from change. It is constant and to
remain relevant, one has to adopt and adapt to the changes.
For Labuan International and Business Financial Centre (Labuan
IBFC), change in a bid to remain relevant as a vibrant and
progressive international financial centre is inevitable,
particularly in today's challenging climate.
As Governor of Bank Negara Malaysia and Chairman of Labuan
Financial Services Authority (Labuan FSA) Datuk Muhammad Ibrahim
put it, "We need to find a differentiator".
His calls for a more inclusive and rigorous effort to grow
Labuan IBFC does not fall short just to remain agile but it is
incumbent for the midshore centre to innovate and restrategise its
position in achieving the international and the Malaysian
Government's aspirations, and most importantly for
