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Return Labuan’s duty-free glory days, says Bung
Published on: Friday, August 05, 2022
Published on: Fri, Aug 05, 2022
By: Sohan Das
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Return Labuan’s duty-free glory days, says Bung
Bung also asked the MOF what steps were being taken to ensure the duty-free zones functioned similar to those in Dubai, UK and USA where items could be purchased at cheaper prices.
LABUAN: Barisan Nasional Member of Parliament Datuk Seri Bung Moktar Radin urged the Ministry of Finance (MOF) to initiate steps to restore Labuan’s status as a popular shopping destination.

Speaking during the ongoing Parliament session, he said there were 21 duty-free zones in the country and asked how many of these zones had generated economic impact to the Government.

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In this context, Bung cited the example of Labuan, which he recalled was once a popular shopping destination for mainland visitors because of the variety of items that could be purchased at cheaper prices.
 
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