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Labuan International Business and Financial Centre (IBFC) is a special economic zone of the Malaysian government based on the island of Labuan off the Borneo coast. It was established in 1990 and has been marketed as having a unique position to tap investment opportunities in Asia and beyond.
Labuan (/ l ə ˈ b uː ə n /), officially the Federal Territory of Labuan (Malay: Wilayah Persekutuan Labuan), is an island federal territory of Malaysia. Its territory includes Labuan Island and six smaller islands, off the coast of the state of Sabah in East Malaysia .
Labuan Corporation or Perbadanan Labuan (PL) is a local authority which administers the Federal Territory of Labuan, Malaysia. This agency is under Department of Federal Territories Malaysia.
MISC Berhad (MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia.In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
The total generation capacity of SESB is 866.4 MW, 50.3% of the total units generated are purchased from the independent power producers (IPP).. The SESB installed capacity (excluding IPP) of the Sabah Grid which supplies electricity for major towns from Federal Territory of Labuan to Tawau is 430.9 MW and the maximum demand is 760 MW (as of Jun 2010).
The 3 federal territories were formed for different purposes: Kuala Lumpur is the national capital, Putrajaya is the administrative centre of the federal government, and Labuan serves as an offshore financial centre. Kuala Lumpur and Putrajaya were carved out of Selangor, while Labuan was ceded by Sabah.
List of Malaysian banks by total assets as of 31 December 2023 Ranking Bank Totals in billions of Malaysian ringgit Assets Equity 1: Maybank: 947.8: 86.0
LSE was formed in 1972 and its main operations centre located on a 60-acre fabrication yard in Labuan, Malaysia. LSE is a subsidiary of Radimax Group Sdn. Bhd. (formerly known as Realmild (M) Sdn Bhd) and Sapura Energy Berhad (formerly known as Sapura Kencana Petroleum Berhad). The company main business includes both the shipbuilding and ship ...
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