Labuan Chamber wants Minister to prove claim
Published on: Monday, November 27, 2023
By: Sohan Das
Text Size:
Dahlif noted another reason for doubts on the jobs was, the Financial Park complex was the “heart” of operations of the industry with 90 per cent or more based at the address.
LABUAN: The Indian Chamber of Commerce and Industry here said the statistics that the IBFC employed 9,198 people with 20 per cent being locals in white collar is misleading.
It wants details be provided on the employees in the various entities to clear the doubts of many here.
The major entities of the centre are offshore banks, Labuan insurance-related entities, trust companies, leasing companies, international commodity trading, fund management, regulatory body Labuan FSA etc.
Deputy Finance Minister II, Steven Sim, in response to a question in Parliament by Datuk Suhaili Abdul Rahman, had cited the employment figures of Labuan IBFC.
Dear Daily Express reader,
Ever since 1963, before the formation of Malaysia, The Daily Express has kept the public well-informed as well as helped shape Sabah & Labuan's development for 60 years.
By subscribing you are supporting many of our award winning journalists - the first newspaper to win the Prime Minister's award for excellence in Journalism - who work tirelessly to bring you the facts and news that matter.
We are also the only newspaper to achieve a world scoop in the Nick Leeson saga in 1995.
Your subscription helps to hold those in power accountable. Subscribe today to support exclusive, local and independent journalism.
Subscriber Log-in here Subscribe now To unlock this article sign in here
ADVERTISEMENT
|
|
|
|
|
|
|
|
|
|
Top Stories Today
|
|
|
|
|
|
|
|
|
|
Sabah Top Stories
|
|
|
|
|
|
|
|
|
|
