Connecting Asia’s Economies
Since its inception in 1990, Labuan IBFC has grown
from strength to strength and has evolved into a
financial centre that has facilitated the growth of Asian
corporates and participated in Asia’s rise into one of
the most dynamic regions in the world.
As Labuan IBFC celebrates its 25th anniversary, the
centre continues to expand its foot print in providing
the business and financial interconnectivity in the
region and maintains its position as a well-regulated
and reputable IBFC for Asia.
CHAIRMAN’S
STATEMENT
IN 2015, THE GLOBAL ECONOMIC RECOVERY REMAINED MODEST. THE
UNFOLDING DEVELOPMENTS GOING INTO 2016 INDICATE A CHALLENGING
FINANCIAL AND ECONOMIC ENVIRONMENT. THE SLOWER ECONOMIC GROWTH
PROSPECTS IN SEVERAL LARGE EMERGING MARKET ECONOMIES AND THE
SUSTAINED LOW ENERGY AND COMMODITY PRICES ARE EXPECTED TO WEIGH ON
THE GLOBAL GROWTH PROSPECTS IN 2016.
