Begum, B., & Mohamad, N. (2009). or. 14 Waterfront Labuan Financial Hotel, ☏ +60 87 418111. 65% of its exports are petroleum and gas-based products. Retrieved from, List of twin towns and sister cities in Malaysia, http://movies2.nytimes.com/learning/general/onthisday/bday/0524.html, "Brunei Revival of 1906 (A Popular History) – The Surrender of Labuan and The First Brunei-British Treaty", "British Borneo: Sketches of Brunai, Sarawak, Labuan and North Borneo", "Chapter 8: Labuan International Offshore Financial Centre", https://en.wikipedia.org/w/index.php?title=Victoria,_Labuan&oldid=1002872232, Short description is different from Wikidata, Articles containing Malay (macrolanguage)-language text, Creative Commons Attribution-ShareAlike License, This page was last edited on 26 January 2021, at 12:05. Meanwhile, the relative humidity for Labuan typically ranges from 63% (mildly humid) to 96% (very humid) over the course of the year, rarely dropping below 53% and reaching as high as 100% (extremely humid).[35]. Mail was routed through Singapore. Labuan (/ləˈbuːən/; Jawi: لابوان‎), officially the Federal Territory of Labuan (Malay: Wilayah Persekutuan Labuan, Jawi: ولايه ڤرسكوتوان لابوان‎), is a Federal Territory of Malaysia. Additional overprints appeared through the 1890s. Government Organization. [25][26] In 1894, a submarine communications cable was built by the British to link the island's communications with North Borneo, Singapore and Hong Kong for the first time. ... Financial Park Complex. This includes British, Australian, Indian, Sarawakian, Bruneian, North Borneo, and Empire troops, making it the largest war grave with 3,908 graves of fallen soldiers. Labuan is also the base for diving on four popular wreck dives: the Cement wreck, the American wreck, (the first USS Salute), the Australian wreck and the Blue Water wreck.[46]. Its territory includes Labuan Island and six smaller islands, off the coast of the state of Sabah in East Malaysia. [11][12], The signing of the Treaty of Labuan between the Brunei sultanate and the British delegation on 18 December 1846 at the Brunei palace[8][6], British flag hoisted for the first time on the island on 24 December 1846[6], In World War II, Labuan was occupied by Japan from 3 January 1942 until June 1945 and garrisoned by units of the Japanese 37th Army, which controlled Northern Borneo. It has a 1,500-seat convention hall adjoining a large shopping mall; these form a modern complex which enhances Victoria's status among International Offshore Financial Centres. The main jetty is 244 metres long with an alongside depth of 8.5 metres and it can accommodate vessels to 16,000 DWT. The vigilance of the local Coast Guard and Customs and Excise contribute to the maintenance of Labuan's reputation and status as an international offshore financial centre and free trade zone. [30] Soon, the 9th Division of the Australian Army launched the attack with support from airstrikes and sea bombardments until the capture of the Labuan airstrip. British North Borneo Crown 1946–1963[13], For three centuries from the 15th century, the north and west coast of Borneo including the island of Labuan was part of the Sultanate of Brunei. 87000 Labuan, Malaysia. There is also a memorial celebrating the surrender of the Japanese to the Australian Forces in 1945. It is in the southeast corner of Labuan and its Malay name, Bandar Victoria, is commonly used in honour the reign of Queen Victoria. [12][13] The island later became part of the state of Sabah and Malaysia in 1963 before the state government of Sabah ceded the island to the federal government in 1984. The Labuan War Cemetery contains various war graves and memorials to the fallen of World War II. Labuan has many schools. [6][18][19] The British also believed the island could be the next Singapore. [41] The ethnic composition in 2010 in Labuan was: Brunei Malay and Kedayan (30,001), Kadazan-Dusun including/excluding Rungus (7,380), Bajau (6,300), Murut and Lun Bawang/Lundayeh (701), Chinese (10,014), Indian (641), Other ethnic (19,727) and non-Malaysian citizen (12,144). Jalan Merdeka. Shopping & Retail. Labuan also has a matriculation college, Kolej Matrikulasi Labuan, the only matriculation college in East Malaysia. There is a food court (Medan Selera) in front of this hotel that serve local food 15 Beta Service Apartment Financial Park Labuan, ☏ +60 87-453333, fax: +60 87-453355. Not Now. [6][23][24] Not proving itself a great commercial or strategic asset, administration of Labuan was handed to the British North Borneo Company in 1890. They are most likely around October, when they occur very frequently. Jabatan Kesihatan Wilayah Persekutuan Labuan. Labuan has a tropical rainforest climate with no dry season. Financial Park (Labuan) Sdn Bhd, the company managing the complex, said in a statement that the closure also involved all the commercial banks located on the ground floor. [28] The island served as the administrative centre for the Japanese forces. The coldest day of the year is 8 September, with an average low of 25 °C (77 °F) and high of 31 °C (88 °F). Forgot account? Labuan GDP per capita in 2012 is MYR39,682. Labuan IBFC's position is further enhanced by the launch of the Malaysian International Islamic Finance Centre initiative in August 2006. Parkson Financial Park Labuan Complex is a Supermarket based in Labuan, Sabah. Empire of Japan 1942–1945 [1][11] During the Battle of Labuan it was liberated by the 9th Division of Australian Imperial Force on 10 June 1945 and placed under a British Military Administration until 15 July 1946, when it was incorporated into North Borneo Crown Colony. On 24 September 1896, the 50th anniversary of the cession was marked by overprinting "1846 / JUBILEE / 1896" on North Borneo stamps. [1][8][9] Rodney Mundy, a British naval officer, later visited the island under the name of Queen Victoria. Journal of the Malaysian Branch of the Royal Asiatic Society, 82(1 (296)), 17-54. Hotels near Financial Park, Labuan Island on Tripadvisor: Find 4,729 traveler reviews, 2,244 candid photos, and prices for 55 hotels near Financial Park in Labuan Island, Malaysia. Financial Park Complex was established to facilitate the development of Federal Territory of Labuan as an International Offshore Financial Centre. Many of the remainder were cancelled-to-order for sale to collectors and are now worth only pennies; genuine franked/post used stamps are worth much more. [1] It was declared an international offshore financial centre and free trade zone in 1990 to assist the development of Victoria. There were also extensive amendments to the Labuan Financial Services Authority Act 1996, Labuan Companies Act 1990 (LCA 1990), Labuan Trusts Act 1996 and Labuan Business Activity Tax Act 1990 (LBATA 1990). [6][13] In 1984, the Government of Sabah ceded Labuan to the federal government which later been accessed to a federal territory. Labuan's capital is Victoria and is best known as an offshore financial centre offering international financial and business services via Labuan IBFC since 1990 as well as being an offshore support hub for deepwater oil and gas activities in the region. [40] In 2015, the population was reported to be at 96,800, surpassing the 2013 estimate. Restaurants near Financial Park: (0.10 mi) KFC (0.14 mi) Win Cafe Financial Park Labuan (0.17 mi) The Living Room (0.44 mi) Fratini's Restaurant (0.37 mi) Mortar Cafe Lounge; View all restaurants near Financial Park on Tripadvisor $ James Brooke acquired the island for Britain through the Treaty of Labuan with the Sultan of Brunei, Omar Ali Saifuddin II on 18 December 1846. [8][16][17], The main reason why the British acquired the island was to establish a naval station to protect their commercial interest in the region and to suppress piracy in the South China Sea. The wharf has four berths. It is off the northeastern part of the island of Borneo facing the South China Sea. The major products produced on Labuan and exported through Labuan Port include copra, rubber and sago. The wharf has four berths. Grand Dorsett Labuan Hotel is the only 5 star hotel in Labuan. Labuan is one of the Malaysian federal government territories. From Simple English Wikipedia, the free encyclopedia The Labuan Financial Park. Government Organization. Although initially the design for the first stamp issue was proposed to be depicting a clump of sago palms, for economic reasons, the queen heads design was finally adopted, having been used initially for postage stamps of Grenada. Over 70% of the island is still covered with vegetation. See nearby properties An'Nur Jamek Mosque You might want to get your camera out and head to An'Nur Jamek Mosque— just one of the landmarks located 2.5 mi (4 km) from central Labuan. Thus, all pre-university students from Sabah, Sarawak and Labuan will take their courses here. Level 8(B), Main Office Tower Financial Park Labuan Jalan Merdeka 8700 Labuan F.T. [29] During the occupation, the Japanese Government changed the island name to Maida Island (前田島 [Maeda-shima]) on 9 December 1942 after Marquis Toshinari Maeda, as a remembrance to the first Japanese commander in northern Borneo. Phone: +6087-453 333 Fax: +6087-453 355 There are several attractions and places of interest on Labuan. Its capacity is 100,000 TEUs of containerised cargo per annum. Pages in category "Labuan" This category contains only the following page. Financial Park, Labuan Island: See 107 reviews, articles, and 14 photos of Financial Park, ranked No.9 on Tripadvisor among 26 attractions in Labuan Island. In 2010 the notion "offshore" was excluded from all the statutes of Labuan due to world pressure on the tax havens and offshores. Located very near to Financial Park Complex and next to Labuan Square. Bataras Hypermarket Labuan. [6][9][10][21] In 1849, the Eastern Archipelago Company became the first of several British companies to try to exploit Labuan coal deposits. Financial Park Labuan, Jalan Merdeka 87000 Labuan F.T. [1] During this time, the Crown Colony government re-established much of the infrastructure that had been destroyed during the war. Perbadanan Labuan. Raw materials, parts, and equipments for industrial uses well as consumer products are imported. The main town area of Victoria is located in a position facing Brunei Bay. Vessels received include containers, bulk, and general cargoes. Perennial shortages necessitated a variety of surcharges in between the several reprints and colour changes of the 1880s. Beginning in May 1894, the stamps of North Borneo were overprinted "LABUAN". Since its inception, the jurisdiction has expanded to become a base for more than 6,500 offshore companies and more than 300 licensed financial institutions including world leading banks. [6][7] In the 18th century, Labuan attracted British interest. However, it has only one international school, Labuan International School. Labuan Crown 1848–1941[6][9][10] [5], United Kingdom 1846–1848[8][6] Virtually all of its commodities including crude oil, methanol, HBI, gas, flour, animal feed, sea products, and ceramic tiles are exported either to Peninsular Malaysia or overseas. Victoria (Malaysian pronunciation: [vikˈtɔriˈa]) (Malay: Bandar Victoria), sometimes known as Bandar Labuan, is the capital of the Federal Territory of Labuan in Malaysia, an island group off the north coast of Borneo. There are also remnants of Labuan's history as a Royal Navy coaling station, including the chimney, a well known local landmark. [33], The name of Labuan was later restored by the British and the island was administered under the British Military Administration together with the rest of the Straits Settlements.  • United Kingdom 1904–1906 Bukit Kubong.jpg 2,592 × 1,552; 1.05 MB. The postage stamps of India and Hong Kong were used on some mail, but they were probably carried there by individuals, instead of being on sale in Labuan. [42], The Gross Domestic Product (GDP) of Labuan is estimated at MYR3.63 billion in 2012 with a growth rate of 5.8 percent. Over the course of a year, the temperature typically varies from 25 to 32 °C (77 to 90 °F) and is rarely below 24 °C (75 °F) or above 33 °C (91 °F). More recently, two legal provisions were inserted into the Labuan Business Activity Tax Act 1990 and were gazetted on Dec 30, 2015. Victoria is an offshore support hub for deepwater oil and gas activities in the region. Waterfront Labuan Financial Hotel a 4 star rated hotel is located by the sea, and the Financial Park, hence the name. [15] The port is on a natural deep-water bay where large vessels can anchor as it is sheltered from typhoons. It comprise of one large and six smaller islands (Pulau Daat , Pulau Burung , Pulau Kuraman, Pulau Papan , Pulau Rusukan Besar , Pulau Rusukan Kecil ) in East Malaysia.

Labuan is an Island with an estimated population of 100,000 people. Comply with the statutory requirements under the Labuan Financial Services and Securities Act 2010. [20] The island became a Crown Colony in 1848 with James Brooke appointed as the first governor and commander-in-chief, with William Napier as his lieutenant-governor. [35] The weather station for Labuan is located at Labuan Airport. [15] Some sources state that during the signing of the treaty, the Sultan had been threatened by a British navy warship ready to fire on the Sultan's palace if he refused to sign the treaty while another source says the island was ceded to Britain as a reward for assistance in combating pirates. Since the 15th century, the town area including other parts of Labuan were under the Bruneian Empire. A 10,000 m² yard and warehouses are available outside the port. Thunderstorms are the most severe precipitation observed in Labuan during 60% of those days with precipitation. Labuan IBFC is embarking on an aggressive growth strategy to become the premier international business and financial centre in the Asia Pacific region. [49][50] The first stamps of Labuan therefore depict the usual profile of Queen Victoria but are unusual for being inscribed in Malay-Arabic (Jawi) and Chinese scripts in addition to "LABUAN POSTAGE". The main jetty is 244 metres long with an alongside depth of 8.5 metres and it can accommodate vessels to 16,000 DWT. Tel. FINANCIAL PARK (LABUAN) SDN. Typically, the current member of parliament of Labuan will be appointed to become chairman of Labuan Corporation. The last Labuan-only design came out in 1902, depicting a crown and inscribed "LABUAN COLONY". The total employment for Labuan is around 39,800 in 2012. BHD. The property is only 8 minutes from the airport and within walking distance to the sea front. Maeda was killed in an air crash at Bintulu, Sarawak when en route to the island to open the airfield there. [1][6][7] Its history dates back to the time when the island was ceded by Sultan Omar Ali Saifuddin II to the British. Strategically located in the town. Financial Park Labuan Fpl Shoplots. Among its major trade partners are India, Peninsular Malaysia, Sarawak, and South Korea. Beta Service Apartment Financial Park Complex Labuan, Jalan Merdeka, 87000 Labuan Federal Territory, Malaysia. From 1867, Labuan officially used the postage stamps of the Straits Settlements but began issuing its own in May 1879. Tel : +60 87599358 Fax : +60 87599201 A post office was operating in Labuan by 1864, and used a circular date stamp as postmark. Labuan International Business and Financial Centre (Labuan IBFC) presents a comprehensive midshore solution striking the ideal balance between client confidentiality and compliance with international best standards. Labuan was declared as an International Offshore Financial Centre (IOFC) in October 1990 to complement the activities of the domestic financial market in Kuala Lumpur, strengthen the contribution of financial services to Gross National Products of Malaysia as well as develop the island and areas within its vicinity. Labuan FSA (Formerly Known as LOFSA), a one-stop agency was established in 1996 to: - Focus on business development and promotion - Process application and supervise business and financial activities - Develop national objectives, policies and set priorities - Administer and enforce legislation - Incorporate/register Labuan companies Labuan is an island strategically … The economy of Labuan thrives on its vast oil and gas resources and international investment and banking services. A 4-star rated hotel is located by the sea, and the Financial Park, hence the name.  • Straits Settlements 1907–1941[11][12] Virtually all of its commodities including crude oil, methanol, HBI, gas, flour, animal feed, sea products, and ceramic tiles are exported either to Peninsular Malaysia or overseas. Labuan's area comprises the main island (Labuan Island – 91.64 square kilometres or 35.38 square miles) and six other smaller islands, Burung, Daat, Kuraman, Big Rusukan, Small Rusukan and Papan island with a total area of 91.64 square kilometres (35.38 square miles). After incorporation into the Straits Settlements in 1906, Labuan ceased issuing its own stamps, although they remained valid for some time. Labuan is an island which is also the Federal Territory in Malaysia. Labuan Wikipedia. The port is on a natural deep-water bay where large vessels can anchor as it is sheltered from typhoons. Victoria, Labuan features a tropical rainforest climate (Af), which is true for virtually all of Malaysia due to its close proximity near the equator, with constantly high temperatures and abundant rainfall over the course of the year. It is also a tourist destination for people travelling through Sabah, nearby Bruneians and scuba divers. Labuan Corporation is the municipal government for the island and is headed by a chairman who is responsible for development and administration of the island. ... Financial Park Labuan Island 2021 All You Need To Know Before You Go With Photos Labuan Island Malaysia Tripadvisor. Specialize in dairy, shopping and convenience. [31][32] Most of the Labuan island area including the main town of Victoria was under the control of Allied forces within four days of the landing on 10 June. Malaysia info.malaysia@awac.com +603 2710 0940 In 1899 many types were surcharged with a value of 4 cents. There are about 15,600 m² available in open storage, t… Labuan is a very much an import-export oriented economy. Labuan the Pearl of Borneo, is a Federal Territory of Malaysia.  • British North Borneo 1890–1904 The jurisdiction, supervised by the Labuan Offshore Financial Services Authority or LOFSA, offers benefits such as 3% tax on net audited results or a flat rate of Malaysian Ringgit (MYR) 20,000 to trading companies; low operational costs; liberal exchange controls; and a host of other advantages including readily available, experienced and professional service providers. The warm season lasts from 1 April to 13 June with an average daily high temperature above 31 °C (88 °F). Raw materials, parts, and equipments for industrial uses well as consumer products are imported. Labuan Island is mainly flat and undulating; its highest point is Bukit Kubong at 148 metres (486 feet) above sea level. Meanwhile, the manufacturing sector consists mainly of oil and gas industry and support.[43]. As of 2010[update] Census the population of Labuan is 76.0% Muslim, 12.4% Christian, 9.0% Buddhist, 0.4% Hindu, 2.1% follower of other religions, and 0.1% non-religious. [15], The liberation of Borneo by the Allied forces began on 10 June 1945 when the Australian Army under the command of Australian Major General George Wootten launched an attack under the codename of Operation Oboe Six. The original stamps were engraved, but the last of the design, in April 1894, were done by lithography. The majority of Chinese people in Labuan are from the Hokkien dialect group (but has been since decreasing due to migration to the Peninsular as well as overseas); however, there are also many Hakkas, most of whom are migrants or descendants of migrants from mainland Sabah as well as local-born Hakkas, whom are settled for more than 2 to 3 generations in the island dating as long as the colonial period, in which they came as stopover migrants or traders before embarking to the mainland (even when it was still an only island offshore municipality within Sabah state jurisdiction from 1963 to 1984) as well as a negligible minority of Foochows from neighbouring Sarawak, mostly working as government staff and those posted in the petroleum and gas offshore industries and to a lesser extent a large minority of Dayaks also from Sarawak who are resident here and their local-born descendants whom are mostly ethnically Iban with pockets of Bidayuh and Orang Ulu residents. 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