DOHA: Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.) the official marketing agency for the Labuan International Business and Financial Centre (Labuan IBFC) has renewed its Memorandum of Understanding (MoU) with Qatar Financial Centre Authority (QFCA) which is responsible for the development and promotion of Qatar Financial Centre.
Both parties have signed a renewed MoU to further collaborate on market development and promotional activities DOHA, Qatar, May 24, 2023 /PRNewswire/ On May 23, 2023, Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for the Labuan International Business and Financial Centre (Labuan IBFC) has renewed its Memorandum of Understanding (MoU) with Qatar Financial Centre Authority (QFCA) which is responsible for the development and promotion of Qatar Financial Centre. The non-binding MoU, which was signed at the sidelines of the Qatar Economic Forum, is to be valid for a period of three years. Datuk Iskandar Mohd Nuli, Executive Chairman cum CEO of Labuan IBFC Inc. after signing the MoU with Yousuf Mohamed Al-Jaida, Chief Executive Officer of QFCA Labuan IBFC Inc. and QFCA previously signed a MoU in 2021. During this period, both signatories collaborated on market development and promotional initiatives. Following the success of these programmes, both parti
Labuan IBFC records 'significant increase' in 2022 khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
The jurisdiction's key focus areas of Islamic finance, captives and digital financial services record significant achievements KUALA LUMPUR, Malaysia, April 18, 2023 /PRNewswire/ The Labuan International Business and Financial Centre (Labuan IBFC) Market Report 2022 was unveiled at Sasana Kijang, Bank Negara on 14 April 2023. The report provides an in-depth analysis of key business sectors for the year under review and highlights key business trends in the international business and financial centre. Labuan IBFC Market Report 2022 We are pleased to note a significant increase in the incorporation of Labuan companies, with a 17% y-o-y increase to 532 from 455 previously. This double-digit growth in the jurisdiction's standard barometer for business activity signifies market recovery for Labuan IBFC as a whole. The Labuan insurance industry experienced a rally, with underwritten premiums recording a five-year high of USD1.7 billion and underwriting margin rebounding by 19.5%. T
The MOU will facilitate mutual market facilitation between both jurisdictions KUALA LUMPUR, Malaysia, Sept. 16, 2022 /PRNewswire/ Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for the Labuan International Business and Financial Centre, has signed a Memorandum of Understanding (MoU) with the Kamar Dagang dan Industri Indonesia (KADIN) of West Java, Indonesia's pre-eminent trade association. KADIN or Kamar Dagang dan Industri Indonesia is an association comprising business organisations in Indonesia. KADIN is mainly responsible for ensuring all trade and industry relating to Indonesia is carried out in a systematic and organised manner that benefits all parties involved. The 8-million strong KADIN West Java chapter consists of entrepreneurs and a combination of national businesses from various sectors, both privately-owned enterprises, cooperatives, SMEs, as well as government-owned enterprises. The MoU aims to support Labuan IBFC Inc.'s mar