Labuan IBFC's financial services sector joins forces to aid covid-19 relief efforts

Labuan International Business and Financial Centre, Labuan IBFC's financial services and intermediation community have come together to help local authorities in relief efforts via the pooling of resources. Labuan IBFC's Cross-Industry Group comprising of all the industry associations representing licensed entities in the jurisdiction has led the formation of a pool fund, focused on providing relief to front liners and those in need of aid in Labuan. "The Labuan IBFC Community is deeply concerned about the growing scale of the covid-19 pandemic and its social and economic impact, part...