November 2019

INSIGHT

PLUS

Direct from Asia Pacific's Leading
Midshore Business and Financial Centre.

Direct from Asia Pacific's Leading Midshore Business and Financial Centre.

FEATURED

A snapshot of the survey conducted by Captive Review on the captive market in Asia for 2018

Read the white paper here.​


HIGHLIGHTS

Labuan International Business and Financial Centre and China Construction Bank (CCB) Labuan, signed an MoU to promote the benefits of Labuan IBFC to China and China-related companies.​


Labuan IBFC’s position as a market leader in captive insurance is reinforced by the findings of a white paper titled "Driving Captive Transformation in Asia", which showed the jurisdiction having led by fifty percent in captive formations in Asia last year.​


The Labuan International Business Centre (Labuan IBFC) says it will retain its strategy of bridging Asian economies by leveraging on Labuan’s optimal geo-position​.


The Labuan Financial Services Authority (Labuan FSA) says it has taken steps to liberalise relevant regulations, such as those relating to marketing offices and work permits, to meet the requirements under the new Labuan tax framework.


CEO'S MESSAGE

Dear All

For the 2nd year running, Labuan IBFC is delighted to have won the best Asian Domicile at the recent Asia Captive Review Awards 2019. We were also voted Captive Insurance Jurisdiction of the Year at the China Offshore Awards, reinforcing our leadership in the Asian captive space.

China continues to be a focus, with our participation in China Insurance Rendezvous, China Offshore Summit, a masterclass in Shanghai, joining the delegation spearheaded by the Malaysian China Business Council in Henan, and finally a joint sharing session with Maycham China in Beijing.

This momentum is expected to continue with the signing of a MoU with China Construction Bank Labuan, to further our outreach efforts in China. Personally, I am also honoured to be invited to speak at the Turkish Capital Markets Summit 2019 in Istanbul.

Am also excited to invite you to Connecting Digital Ecosystems Asia 2019 (CoDE Asia 2019) on 12 December. This event will feature a line-up of regional industry experts, all discussing the digital ecosystems in Asia, present and future. Don’t miss this chance to listen and be part of the discussions! Looking forward to seeing you there.


Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc


EVENTS

9:00 AM - 3:00 PM
Manama, Bahrain


READING LIST

In light of the mammoth environmental challenges we face, Islamic banking is attempting to change the world for the better with green sukuk.​


In the past decade, the world has made tremendous progress in expanding access to digital financial services to those at the base of the pyramid, but this has not been enough to achieve meaningful financial health for the millions of underserved.​


Economists, a few years back, have predicted the third industrial revolution. Turns out to be true however the wave of the next revolution had already hit us.​


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Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
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