MP to raise issue of Labuan duty-free status erosion
LABUAN: Labuan Member of Parliament Datuk Dr Suhaili Abdul Rahman is to bring up with the Federal Government what he described as the gradual erosion of the duty-free status of the island. “The privilege of Labuan being a duty-free island, the high cost of living, and the continuous shortage of essential items will be brought […]
Tragic accident claims young psychiatrist’s life in Labuan
LABUAN: A young psychiatrist at Labuan Hospital tragically lost his life in a fatal accident at Jalan Kampung Bukit Kalam early this morning. The deceased identified as Dr Harivin Loganathan, was in his 20s and had just served in the Specialist Clinic 1 of Psychiatry and Mental Health Unit for about six months. He was […]
Chamber reaffirms commitment to economic collaboration efforts in Borneo region
LABUAN: The Labuan Chamber of Commerce (LCC) has restated its commitment to lead economic collaboration in the Borneo region, signifying a crucial moment in the pursuit of shared prosperity. LCC chairman Daniel Doughty said with enthusiasm and a shared vision for a prosperous future, his business chamber would enhance economic ties and catalyse joint action […]
Labuan must not miss out on Borneo economic growth, says biz chamber
LABUAN: Labuan must not miss out when it comes to seizing opportunities in the Borneo region’s economic growth, said Labuan Chamber of Commerce’s (LCC) chairman Daniel Doughty. As part of its drive to contribute to the Borneo region’s economic prosperity, the LCC is participating in the Borneo Business Roundtable 2023 (BBR 2023) to highlight Labuan’s […]
Labuan has potential to be top sport tourism destination
LABUAN: Labuan, with its captivating marine sport and sport tourism events, is poised to become a frontrunner in the tourism sector, attracting adventure enthusiasts and travellers from around the Asian region, said Labuan Chamber of Commerce (LCC) chairman Daniel Doughty. He said Labuan’s strategic geographical location and breath-taking natural beauty have made it an ideal […]
Call to review business policies to attract investments
LABUAN: Stakeholders in Malaysia’s international business and financial centre (IBFC) are calling for a comprehensive review of existing business policies to bolster economic growth and to attract foreign investments. Labuan Chamber of Commerce (LCC) chairman Daniel Doughty said the Labuan Federal Territory has reached a juncture where policy revisions are essential to ensure its sustained […]
Domestic electricity surcharge exemption not exceeding 1,500 kWh maintained in Sabah, Labuan
KUALA LUMPUR: The surcharge exemption for domestic users in Sabah and Labuan, with a monthly electricity usage of 1,500 kilowatt-hours (kWh) and below, will be maintained from July 1 to Dec 31. The Energy Commission (ST), in a statement, said that this was following the government’s decision yesterday to implement electricity tariff adjustment under the […]
Labuan FSA taking immediate action on cybersecurity incident
LABUAN: The Labuan Financial Services Authority (FSA), the regulatory body for the International Business and Financial Centre (IBFC) of Labuan has experienced a cybersecurity incident which has been affecting its online systems. In a statement today, Labuan FSA, an agency under the Ministry of Finance (MoF), said it has taken immediate actions to secure the […]
Govt mulls cooking oil, egg import quota review for Labuan
LABUAN: The Ministry of Domestic Trade and Cost of Living may review Labuan’s import quotas for cooking oil and eggs. Deputy Minister Senator Fuziah Salleh said a review might be necessary to overcome the constant shortage of these commodities on the duty-free island. “I have taken note of the shortage of eggs, cooking […]
Elderly man killed after SUV crashes into tree
LABUAN: An elderly man was killed after the sport utility vehicle he was driving crashed into in a tree at Jalan Tun Mustapha early today. Chan Wah Shin, 62, succumbed to serious head injuries and died on the spot in the 1 am incident. Labuan police chief Supt Ahmad Jawilla said the incident was believed […]
