Since January, more than $540 billion has passed through the tax shelters of the largely unknown island of Labuan. Here's why the rich are increasingly hiding their money there.
LABUAN: The Chinese Chamber of Commerce here expressed full support to the Madani Unity Government’s decision to shelve the controversial Labuan-Menumbok bridge that would have cost RM6 billion.
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This year’s collaboration with Labuan Corporat
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Published on: Sunday, May 16, 2021
By: Bernama
LABUAN: The Labuan Health Department has ordered Labuan's largest shopping mall, Financial Park Complex
(pic), to shut from Friday until today (May 16) after the discovery of several Covid-19 cases which were linked to the premises.
Its Director Dr Ismuni Bohari said the department detected one positive case involving a worker in the mall and several other positive cases were found to have patronised premises in the complex.
He said the three-day closure would facilitate contact-tracing and sanitisation exercises.
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Financial Park Complex Senior Manager Ishamuddin Mansor said the closure did not affect hundreds of Malaysian and international offshore financial office units in the main office building of the complex.