KUALA LUMPUR, Malaysia, Aug. 18, 2022 /PRNewswire/ Captive insurance market stakeholders gathered today at the Asian Captive Conference 2022 which was co-organised by Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.) and the Labuan International Insurance Association (LIIA). The conference, which was held at Sime Darby Convention Centre, showcased speakers from diverse fields and more than 150 participants comprising regulators, insurance professionals, investors, government agencies, media and professional service providers. Through six high-impact sessions, the conference concluded that the captive market has a leading role to play in propelling the shift in the risk landscape and ensuring stability in a hard market. Labuan IBFC Inc.'s Executive Chairman cum CEO, Datuk Iskandar Mohd Nuli, delivered the welcoming remarks in which he reiterated Labuan IBFC's position as the fastest-growing captive domicile in the region, with the jurisdiction holding 63 captives as at end-2
Universal Serviced Office (USO) launched its largest serviced office space in Labuan, offering 161 fully equipped seats, commonly known as “hot desks” and occupying 9,174 square feet (sq ft) on the 16th floor of the Financial Park Complex’s main office tower. Besides the “hot desks,” USO is also offering 59 office units
KUALA LUMPUR, May 26 Asia Digital Bank Ltd (ADB), a wholly-owned subsidiary of Chinese state-owned Asia Pacific Investment Bank (APIB), is striving to become the world’s leading digital asset operator. Chief executive officer Chris Wang said this could be achieved through the development of.
PETALING JAYA: Labuan-licensed Asia Digital Bank Ltd, a wholly owned subsidiary of Chinese state-owned Asia Pacific Investment Bank (APIB), strives to.
KUALA LUMPUR (May 26): Asia Digital Bank Ltd (ADB), a wholly-owned subsidiary of Chinese state-owned Asia Pacific Investment Bank (APIB), is striving to become the world’s leading digital asset operator.
Chief executive officer Chris Wang said this could be achieved through the development of an inclusive financial service platform for digital asset transactions, with advance digital financial technology as its core.
He said ADB will continue to play its part in contributing towards the development of communities’ well-being in both Malaysia and China, as well as for the advancement of the global digital economy.
“ADB will make use of its platform to serve the global market and worldwide clients by providing core services such as cross-border investment and financing capabilities, digital asset management, as well as cross-border structured trade financing,” he said in a statement.