CEO's Message

2020 is looking set to be a challenging year. My heart and thoughts go out to our numerous friends in China, hoping they stay safe and continue to "Jia You!" Stay strong! My dearest wish is for the general situation to settle and for things to get better.

One of the highlights of 2020 is Labuan IBFC's 30th anniversary! It may be too early to start reminiscing but the last 30 years has been quite a journey –with the unprecedented growth in Asia accelerating this trajectory. While fundamental changes in the industry has been challenging, Labuan IBFC has hit the ground running facilitating economic substance. I have been informed employment in the sector alone has grown by 1200 as at end 2019.

As part of our 30th anniversary celebrations, you can expect a line-up of activities, including a national as well as regional roadshows, thought leadership papers on philanthropy and financial inclusion, etc. We will also be hosting the Asian Captive Conference 2020 in August, so please get in touch if you would like to be part of this exciting event!

We look forward to meeting you in the coming months. In the meantime, please stay safe.

Farah Jaafar-Crossby
Chief Executive Officer, Labuan IBFC Inc

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