CEO'S MESSAGE
Dear Friends of Labuan,
What a year it has been! Am sure last December none of us ever
imagined the challenges and changes we now face on a daily basis.
Personally, I would like to look back at 2020 as the year we
expanded our horizons, personally and professionally, allowing us
to better appreciate the tenacity and adaptability we each
possess.
And this also holds true for Labuan IBFC. The jurisdiction
continues to attract growth particularly in Digital Financial
Services with 17 new approvals for the first three quarters of the
year, with banking and insurance being the key sectors as well as
other business sectors remaining resilient in spite of the
pandemic. For a snapshot of our key events this year, please do
have a look at this month's feature ‘2020 In
Brief'.
