LABUAN: The Association of Labuan Trust Companies (ALTC) and Labuan Chamber of Commerce urged Federal to consider Securities Commission Malaysia (SC) Chairman Datuk Seri Dr Awang Adek Hussin’s call for Labuan to retain half its annual income from financial services for the island’s development.
LABUAN: The Association of Labuan Trust Companies and Labuan Chamber of Commerce urged Federal to consider Securities Commission Malaysia Chairman Datuk Seri Dr Awang Adek Hussin’s call for Labuan to retain half its annual income from financial services for the island’s development. They said the views of Awang Adek, who is no stranger to Labuan having been the first Director-General of Lofsa for two years beginning in 1996, also reflect that of the island’s residents.
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