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13MP: Nothing for Labuan folks
13MP: Nothing for Labuan folks

Daily Express

time06-08-2025

  • Business
  • Daily Express

13MP: Nothing for Labuan folks

Published on: Wednesday, August 06, 2025 Published on: Wed, Aug 06, 2025 By: Sohan Das Text Size: 'It's unfortunate that Labuan has not been included in this radar though the island was in need of such focus to regain its past glory of regional shopping destination though Labuan now depended much on tourism now since the oil and gas sector as well as the financial services was delivering much impact,' said Dahlif. LABUAN: Labuan Indian Chamber of Commerce and Industry Chairman Datuk Dahlif Singh described the 13th Malaysia Plan (13MP) as a 'super' cake offering something for every Malaysian state and territory but without anything special for Labuan. He supported this observation based on items revealed in the 13th MP. Advertisement He said under 13 MP focus was given to the development of Special Tourism Investment Zones (STIZ) in Johore, Melaka, Negeri Sembilan and Sarawak for the creation on new tourism products to further tap the industry's potential. 'It's unfortunate that Labuan has not been included in this radar though the island was in need of such focus to regain its past glory of regional shopping destination though Labuan now depended much on tourism now since the oil and gas sector as well as the financial services was delivering much impact,' said Dahlif. Subscribe or LOG IN to access this article. Support Independant Journalism Subscribe to Daily Express Malaysia Access to DE E-Paper Access to DE E-Paper Exclusive News Exclusive News Invites to special events Invites to special events Giveaways & Rewards 1-Year Most Popular (Income Tax Deductible) Explore Plans Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

Earning in Labuan – but spending outside Labuan
Earning in Labuan – but spending outside Labuan

Daily Express

time09-06-2025

  • Business
  • Daily Express

Earning in Labuan – but spending outside Labuan

Published on: Monday, June 09, 2025 Published on: Mon, Jun 09, 2025 By: Sohan Das Text Size: Dahlif said it is undeniable that many who out from here on festive occasions or even weekends to enjoy the shopping delights on the mainland. LABUAN: Earning good in Labuan but spending generously in Kota Kinabalu and other major towns seems to be the norm among many high-come employees here, causing retail stores to be unable to reap the benefits. Labuan's average per capita registered in 2023 stood at Rm 83,596 and those with deep pockets were Oil and Gas industry workers or in the International Business Financial Centre (IBFC), plus a sizeable number in the civil service. Advertisement Former Deputy Finance Minister Steven Sim said in 2023 that IBFC had 9,189 people with 20 per cent locals. According to the former Sabah Chief Minister Tan Sri Harris Salleh there are 10,000 federal civil servants on the island serving 66 departments. These are reliable pointers of an affluent society with cash to spend but whose impact is not happily felt on the island as reflected by constant complaints of a sluggish economy. Subscribe or LOG IN to access this article. Support Independant Journalism Subscribe to Daily Express Malaysia Access to DE E-Paper Access to DE E-Paper Exclusive News Exclusive News Invites to special events Invites to special events Giveaways & Rewards 1-Year Most Popular (Income Tax Deductible) Explore Plans Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

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