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Finance Ministry wants full report on Labuan's economic issues

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LABUAN: The Finance Ministry has requested the Labuan Chamber of Commerce (LCC) to come up with a full report on Labuan’s economic issues and challenges for immediate attention.

Deputy Finance Minister II Steven Sim said the report was needed for a thorough study and to find solutions.

Sim said the report must include the issue of the restoration of the full pledged duty-free status of Labuan. Sim said issues that are under the jurisdiction of the ministry would be dealt with, including issues related to customs that would be taken up to the Customs director-general to seek solutions.

 

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