CEO'S MESSAGE
Dear All
I sincerely hope you, your family and loved ones are well,
making the most of the "lockdown". The team and I are
physically back at our offices in downtown Kuala Lumpur, and the
city does "feel" different, it has a cautiously
optimistic "vibe"!
And that echoes the sentiment of Director General, Labuan FSA in
releasing Labuan IBFC's Market Report. We pleased to share that
2019 saw growth especially in the areas of banking, insurance,
wealth management and digital financial services. Clearly, the
unchartered waters of 2020 will unsurprisingly be challenging, but
we remain cautiously optimistic especially as pockets of
opportunities emerge.
As you might know, the Labuan IBFC COVID-19 Fund has seen
significant contribution from you – the intermediaries and
users of Labuan IBFC, and has benefitted more than 2,000
front-liners and underprivileged community. A key beneficiary has
been the Labuan Public Hospital which gained extra quarantine
