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Labuan: An isle of bankers

Labuan: An isle of bankers 

Malaysia islands

Clear waters, white sands and offshore banks. What everyone looks for in an island.

Located off the coast of East Malaysia, sandwiched between Sarawak and Sabah, Labuan is one of three Federal Territories (the others are Kuala Lumpur and Putrajaya).

Its special status as an international offshore financial centre and free trade zone has allowed it to attract outside investment from the financial sector (some 6,500 offshore companies are based here).

 

Where to stay: For both service and quality, it’s a close toss-up between the Tiara Labuan and the Grand Dorsett.

Getting there: There are daily flights to Labuan Airport from Kuala Lumpur, Miri in Sarawak and Kota Kinabalu in Sabah. There is also an air-conditionied ferry to Brunei.

 

Source by: internet

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