Labuan IBFC sees more digital financial service licences approved in 2020 despite pandemic

KUALA LUMPUR, Sept 4 — Labuan International Business and Financial Centre (Labuan IBFC) has seen a growing number of digital financial service (DFS) licences approved in 2020 despite the challenging environment due to the COVID-19 pandemic. Labuan IBFC chief executive officer Farah Jaafar said the Labuan Financial Services Authority (Labuan FSA) approved 30 new DFS […]

Happy 64th National Day to Malaysia

Happy 64th National Day to Malaysia! Wishing an abundance of peace, unity and prosperity for years to come in Malaysia. https://apdib.com/wp-content/uploads/2022/10/My-Video14.mp4

Free Webinar: Discovering Labuan International Business and Financial Centre

CEO of APIB, urges businesses and investors to join to discover the benefits of registering under Labuan IBFC.   Labuan IBFC provides business and investment structures that facilitate businesses going global or global businesses looking at penetrating Asia’s markets.   There will also be an introduction to APIB Investment Club, exclusively established to provide a […]

Economic and Financial Developments in Malaysia in the Second Quarter of 2021

The Malaysian economy expanded by 16.1% in the second quarter (1Q 2021: -0.5%) The Malaysian economy grew by 16.1% in the second quarter (1Q 2021: -0.5%). Economic performance was supported mainly by the improvement in domestic demand and continued robust exports performance. The strong growth also reflected the low base from the significant decline in […]

Selamat Hari Raya Aidiladha

Selamat Hari Raya Aidiladha! Wishing our Muslim friends a blessed celebration with your friends and family on this auspicious day.

Central banks up reserves of RMB to a high

5-year record shows Chinese yuan’s internationalization progressing well Central banks around the world are holding record levels of reserves in Chinese yuan, according to IMF data. Analysts said the current five-year high marks another step forward for the Chinese currency’s internationalization, a process that began a few years back. In the first quarter this year, […]

Happy Father’s Day

Wishing all fathers, a Happy Father’s Day! We hope you have a wonderful day with your father and your kids on this special occasion.