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LABUAN: Labuan Chinese Chamber of Commerce (LCCC) deputy president Arthur Kong said highlighting Labuan’s economic challenges in the media by community leaders may cause more harm than good.
The Industrial Development Ministry (MID) is currently focusing on resolving the ongoing concerns of the small and medium entrepreneurs (SMEs) as part of the effort to ensure that they would be more competitive, said Minister Datuk Seri Dr Joachim Gunsalam
The big beer festival or “Oktoberfest” will not be held here his year but it has nothing to do with objections by Islamic party, PAS
KOTA KINABALU: Labuan businesses are appealing to the government to put on hold plans to impose duties on tobacco products as it will further strangle the economy of the duty free island. Stakeholders in the Federal Territory said that businesses have already been struggling for years now and the duty free status was the only draw left for tourists to come to the island, an international offshore financial centre. “The imposition of duties on tobacco is going to hit both big and small businesses. The government must not rush into it. “Businesses in Labuan have been slowing down over the y...