Labuan IBFC insurance sector records 43% profit growth during 'resilient' year

clock • 4 min read

Labuan International Business and Financial Centre (LIBFC) has said it remained 'resilient' in the face of challenges in the global market through the course of 2019, as the Centre published its Market Report for the year. Labuan IBFC reported its growth in key business sectors was "maintained" and witnessed a surge in innovative business ventures - in tandem with Labuan IBFC's shift towards more digital-based financial business. As the Centre unveiled its Market Report 2019, it also marks the Labuan IBFC entering its third decade of operation since 1990.  New company incorporations c...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.