Finance Ministry to get report on Labuan's economic challenges

  • 📰 staronline
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

KOTA KINABALU: An extensive report detailing the economic challenges and issues faced by the island of La buan will be sent to the Finance Ministry.

Labuan Chamber of Commerce chairman Daniel Doughty said they recognised the importance of having a thriving economy that benefits all stakeholders.

Doughty said past feedback had revealed that the economic issues in Labuan stem from uncertain and ineffective policies and governance matters. "We implore all relevant authorities and stakeholders to recognise the significance of this initiative toward collaboration as intended by the Finance Ministry in our efforts to bring about positive change in Labuan.

During a working visit to Labuan on Sunday , Deputy Finance Minister II Steven Sim said the report was needed for a thorough study and to find solutions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Ministry wants full report on Labuan's economic issuesLABUAN: 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.
Source: staronline - 🏆 4. / 75 Read more »

Finance ministry requests full report on business issues affecting LabuanDeputy finance minister Steven Sim says this will include restoration of full duty-free status to Labuan.
Source: fmtoday - 🏆 5. / 72 Read more »