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Commencement of transhipment trade is expected to revive Labuan’s sluggish economic outlook, said Labuan Chamber of Commerce (LCC) Its president Daniel Doughty said there was no positive indication from the local authorities to initiate or expedite the revival of transhipment activities on the duty-free island despite the Federal Territories Minister’s call in April this year.  “The Federal Territories Minister Datuk Seri Shahidan Kassim publicly announced the need to kick-start transhipment activities in Labuan for barter trade between Labuan and Southern Philippines to...

LABUAN, Malaysia, Aug 12, 2021 - ( JCN Newswire ) - The newly-formed Labuan Economic Sector Coalition (the "Coalition") which comprises of various associations and business organizations released a press statement to express its grave concerns on the prospects facing Labuan due to unfair application of new SOP requirements, which are causing shipping firms and related major economic sectors to slow down or completely halt their activities on the island. This is despite the fact that Labuan is first among territories and states in Malaysia to have fully-vaccinated over 80% of ...

Newly-formed Labuan Economic Sector Coalition urges federal gov to begin dialogue to formulate fair SOP