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Heartbreak for Labuan businesses: Indian Chamber of Commerce Industry
Published on: Thursday, September 07, 2023
By: Sohan Das
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Dahlif said even though the new Unity Government formed at the end of last year has promised to resolve Labuan’s sluggish economy, there has been “no result so far except the island sinking further into the doldrums”. - pic for illustration only
LABUAN: School holidays no longer are occasions businesses here look forward to due to the contraction of the local population caused by the exodus to Sabah and peninsula.
Gone are the days when they were eagerly awaited by retailers due to arrival of spending visitors from Brunei Darussalam and mainland Sabah.
“The situation has changed the last few years as visitor arrivals had significantly dwindled. Many holidaymakers prefer Kota Kinabalu and Sarawak,” said Indian Chamber of Commerce Industry Chairman Datuk Dahlif Singh.
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