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There are 39 news based on search keyword " labuan"

Captive Insurance Sees Rising Recognition As Strategic Risk-financing Solution

KUALA LUMPUR, Sept 11 (Bernama) -- Captive insurance is gaining increasing recognition as a strategic risk-financing solution as businesses seek to strengthen resilience, enhance risk-financing control and address emerging risks, according to Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC).

PNB Launches Second US$300 Mln Secured Exchangeable Sukuk

KUALA LUMPUR, Sept 9 (Bernama) -- Permodalan Nasional Bhd (PNB) has launched its second US$300 million secured exchangeable sukuk to optimise its portfolio through innovative capital market solutions.

Labuan FSA Tightens Oversight Of Digital Money Broking Activities

LABUAN, Sept 1 (Bernama) -- Labuan Financial Services Authority (Labuan FSA) has tightened regulatory requirements for digital money broking activities in the Labuan International Business and Financial Centre (Labuan IBFC) to strengthen market integrity and operational resilience.

Penang, Johor, Selangor Account For 79.4 Pct Of Malaysia’s Total Trade In July - DOSM

KUALA LUMPUR, Aug 28 (Bernama) -- Penang, Johor and Selangor accounted for 79.4 per cent of Malaysia’s total trade in July 2026, according to the Department of Statistics Malaysia (DoSM).

Business Outlook For 3Q Rebounds As Confidence Indicator Rises -- DOSM

KUALA LUMPUR, Aug 27 (Bernama) --Businesses expect an improving business situation for the third quarter of 2026 (3Q 2026), with a positive confidence indicator of 5.9 per cent compared with a negative 1.8 per cent in 2Q 2026, according to the Department of Statistics Malaysia (DOSM).

MNRB Net Profit Rises To RM183.75 Mln In 1Q FY2027

KUALA LUMPUR, Aug 21 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM183.75 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM168.43 million in 1Q 2026 due to better contributions from the reinsurance, family takaful and retakaful businesses.

Labuan Waterfront To Unlock Potential, Drive Island’s Future Growth

LABUAN, Aug 20 (Bernama) -- Labuan Corporation is seeking the proposed Labuan waterfront development to be included as a key agenda under the 13th Malaysia Plan (13MP) to unlock the duty-free island’s untapped potential.

Penang Hopes To Get Federal Govt Approval For PIFC Proposal, Says Chow

GEORGE TOWN, Aug 19 (Bernama) -- Penang hopes that its proposal to establish the Penang International Financial Centre (PIFC) will receive the Federal Government’s approval through Budget 2027, said Chief Minister Chow Kon Yeow.

MPM Clarifies Labuan Port Remains Fully Operational

LABUAN, Aug 19 (Bernama) -- Megah Port Management Sdn Bhd (MPM), the operator of Labuan Port, today clarified that a recent report on the temporary closure of a jetty does not involve the closure or suspension of operations at Labuan Port.

Palm Beach Resort, ASB Partner To Strengthen Support For Labuan Oil And Gas Sector

LABUAN, Aug 18 (Bernama) -- Palm Beach Resort & Spa in Labuan and Sabah government-owned Asian Supply Base Sdn Bhd (ASB) have formalised a strategic collaboration aimed at strengthening hospitality and logistical support for Labuan's oil and gas (O&G) industry.

Malaysia’s July Inflation Eases To 1.8 Pct -- DOSM

KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s inflation eased to 1.8 per cent in July 2026 from 1.9 per cent in June, with the Consumer Price Index rising to 137.1 points in July from 134.7 a year earlier, the Department of Statistics Malaysia (DOSM) said.

AM Best Withdraws Zhibao Re Credit Ratings Amid Investor Transition

KUALA LUMPUR, Aug 17 (Bernama) -- Global credit rating agency, AM Best has withdrawn the credit ratings of Malaysia’s Zhibao Labuan Reinsurance Company Limited (Zhibao Re), as the company has chosen not to participate in AM Best’s interactive rating process for the time being, in light of an investor transition.