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Labuan News - Business, Taxation & Offshore

Labuan Gives Tax Incentives For Oil And Gas Trading

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, November 02, 2011

At the launch of the Global Incentives for Trading programme and the newly-formed Labuan International Trading Commodity Company, the Director-General of Labuan Financial Services Authority Encik Ahmad Hizzad Baharuddin announced that a range of incentives have been initiated to attract oil and gas traders to Malaysia. Read Full Story


Labuan Attracts Captive Insurance Business

by Mary Swire, Tax-News.com, Hong Kong

Friday, October 21, 2011

Its Chief Executive Officer David Kinloch has said that the attractions of the Labuan International Business and Financial Centre for captive insurance companies are increasingly being recognized, and the sector is expected to expand significantly next year. Read Full Story


Offshore Banking Body Rebrands

by Jason Gorringe, Tax-News.com, London

Monday, April 11, 2011

Having broadened its role as a representative on behalf of numerous offshore financial centres in issues pertaining to financial sector regulation and best standards, the Offshore Group of Banking Supervisors has decided to rebrand itself the 'Group of International Finance Centre Supervisors’. Read Full Story