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Growth in Digital Family, testament to the
jurisdiction s progressive approach in embracing the digital
revolution
Kuala Lumpur, 10 December 2020 –
Labuan International Business and Financial Centre (Labuan IBFC)
continues to attract new business innovations and opportunities as
evidenced by the influx of digital financial service providers
revolutionising its financial offerings. This segment has grown significantly in the last four
years in tandem with our aspirations to have the market embrace
digitalisation as the future of conducting business, said
Labuan Financial Services Authority (Labuan FSA) Director-General,
Datuk Danial Mah Abdullah at the second Connecting Digital