Could you tell us more about Federal Territory in Malaysia

Labuan
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Labuan formerly known as Victoria island is, since 1946, a territory of Malaysia being part of the state of Sabah. It comprises one main island (75km²) and six other smaller ones off the coast of Sabah, and Brunei. The islands have a total population of 75,000 and are best known as an offshore banking center. In Malay, it is called Pulau Labuan (Labuan in Malay means anchorage).

In 1984, Labuan was made part of the Federal Territory of Malaysia, and in 1990 it was declared and still is an International Offshore Financial Centre (IOFC).


Putrajaya
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Putrajaya (formerly known as Prang Besar) is a new administration centre of Malaysia that is located in the Multimedia Super Corridor (MSC) area. Putrajaya is the third Federal Territory of Malaysia; the other two being Kuala Lumpur and Labuan.

The city is named after the first Malaysian Prime Minister, Tunku Abdul Rahman Putra. Putra also means prince in Malay while Jaya means excellent or success.

Putrajaya was formerly owned by the state of Selangor. The Federal Government negotiated with the state on the prospect of another Federal Territory and in the mid-1990s, the Federal Government paid a substantial amount of money to Selangor for approximately 11 320 acres (46 km²) of land that later is to be known as Putrajaya.

As the local political border is being redrawn, Selangor now has two enclaves. They are Kuala Lumpur and Putrajaya.

The city has only been raised recently and it is still undergoing massive development.

In 2002, a high speed rail link called KLIA Transit was opened, linking Kuala Lumpur and the Kuala Lumpur International Airport in Sepang, Selangor to Putrajaya.

Nearby is Cyberjaya, a cyber city, also located within the Multimedia Super Corridor.


Kuala Lumpur
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Kuala Lumpur is the largest city in Malaysia and the capital of the federation. Within Malaysia, Kuala Lumpur is almost always abbreviated to KL. The executive branch of the Malaysian Government has shifted to a new administrative capital, Putrajaya, but the residence of the King of Malaysia, the Parliament of Malaysia, and the judicial branch remain in Kuala Lumpur.

Kuala Lumpur is one of the three Federal Territories in Selangor state, and is an enclave within the state of Selangor, on the central west coast of Peninsular Malaysia.

Kuala Lumpur

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Putrajaya

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Labuan


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Labuan, a Federal Territory of Malaysia, is a 92 sq km tropical island located off the northwest coast of Borneo Island, at the mouth of the Brunei Bay. It is a picturesque island endowed with natural splendours.

It has many notable accomplishments like its duty free port status, the International Offshore Financial Centre (IOFC), a world-class fishing destination, exciting wreck dive sites, World War 11 historial importance and also the potential of becoming Asia's most desirable address.

It boasts of a modern satellite telecommunication system and well-developed infrastructure.

Hotel accommodation ranges from the basic budgets to 5-star luxury. Dining is always a pleasure. With fresh seafood, mouth-watering local dishes and international cuisine served, one is spoilt for choice. Same goes for ales and wines.

New ambitious development programmes are underway to transform this island economy into one on par with other Asian business giants in the new millennium.

Labuan is a 'must visit' for those seeking to establish a tax-haven portfolio in Asia. It is also the perfect holiday destination for those yearning something different.


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i would like to see more pics of Labuan.

i have a few pics of KL and Putrajaya. i'll post them soon

BTW, what's the name of the prime minister's office in Putrajaya??

!!!SELAMAT HARI WILAYAH!!!

Originally posted by TYW


BTW, what's the name of the prime minister's office in Putrajaya??

Bangunan Putra Perdana ;)

Originally posted by baqthier

!!!SELAMAT HARI WILAYAH!!!

I am bloody working today! :bleep: :cry:

SELAMAT HARI PENUBUHAN WILAYAH PERSEKUTUAN!!!!

Labuan I took last year
http://www.skyscrapercity.com/photopost/data/2/9labuan1.jpg

SELAMAT HARI PENUBUHAN WILAYAH PERSEKUTUAN!!!!

I don't think people will actually wish like what you did. Who said HARI PENUBUHAN" :rofl: :rofl:

Do find me anyone in the public that say this and I give you a reward :D

Government kept on open so many new Federal Territory. Soon the Selangor size will shrinking :D

I don't think people will actually wish like what you did. Who said HARI PENUBUHAN" :rofl: :rofl:

Do find me anyone in the public that say this and I give you a reward :D

OK, so i suggest u tell me what is right:D

Map directory of Labuan Town small lah..but well kept
http://shopborneo.com/map/images/labuan.jpg
Map of whole Labuan
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Any news about Labuan new ferry terminal?

Any news about Labuan new ferry terminal?

u go to Labuan and find out lah!!

u go to Labuan and find out lah!!


Yaloh....so near and cheap somemore :D

Today is hari penubuhan Wilayah Persukutuan?? feb 1

!!!SELAMAT HARI WILAYAH!!!

walao this thread is still around..cool!

History repeating itself:
I look at the North Strait Times (Kuala Lumpur?) real estate section online and it looks almost like The Los Angeles times real estate section of the mid 1950's. Only it's Klang Valley instead of the San Fernando Valley.
Might be good or bad or portend for your future?

Labuan financial from the sea

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Labuan Airport

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ikan layaran/todak..landmark utama labuan..

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Labuan By: abang zul

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World War II Memorial - Labuan
By: abang zul

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90 Projects Under Eighth Plan Not Begun Yet, Says Isa
April 08, 2005 22:42 PM




PUTRAJAYA, April 8 (Bernama) -- Federal Territories Minister Tan Sri Mohd Isa Abdul Samad Friday disclosed that 90 projects identified for implementation in the Federal Territories under the Eighth Malaysia Plan (8MP) had yet to be implemented.

He also said that of the RM47.1 billion allocated, only 73 per cent of it had been utilised.

Isa said he did not know the reason for the delay in getting the projects started and would contact the agencies and departments concerned to find out the reason.

Speaking to reporters after chairing the first meeting of the Federal Territories Action Council, here, he said 1,174 projects had been completed while 395 more were being implemented.

The 8MP covers the period of 2001-2005.

-- BERNAMA

Sheraton Labuan Hotel (http://www.starwoodhotels.com/sheraton/search/hotel_detail.html?propertyID=359)

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World War II Memorial - Labuan
By: abang zul

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How Very American! I like it...neat, well kept, tidy.

can almost imagine a quartet of soldiers in dress uniform firing a 3 gun salute...hehe...(love military stuff). on the side, I think our armed forces should get updated dress uniforms....

Q: WHat should Labuan do to to become more like HK/Singapore? as it stands...it's still not much of an offshore financial attraction.....

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Government To Consider Adopting Open Sky Policy For Labuan
March 11, 2005 19:12 PM



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EXPANSION… The government has approved the expansion
of the Labuan runway to cater for larger aircraft. The expansion
project is estimated to cost RM200 million. Pix: Zamain Singkui



Transport Minister Datuk Chan Kong Choy said Friday that such a policy was needed to achieve the desired result for the benefit of the people and country.

"We hope in future international aircraft from Hong Kong, Singapore, Indonesia and Brunei can fly direct to Labuan. This shows the seriousness on the part of the federal government to help Labuan develop, particularly in its tourism sector," he told reporters after visiting the Labuan Airport, near here.

Towards this end, he said, the government had approved the expansion of the Labuan runway to cater for larger aircraft.

Chan said the expansion project was estimate to cost RM200 million and he hoped that it would start as soon as possible.

"If everything goes well, this project is expected to be completed in two years, and once the runway is ready, we hope that larger aircraft such as the airbus and Boeing 777 can come here," he said.

He said airport terminal building would also be upgraded from a one-and-a-half storey to three-storey building while the aero-bridges would be increased from three to five and the parking bays expanded.

Chan also said that the upgrading of the Kuching International Airport was in progress while the upgrading of the Kota Kinabalu International Airport might start next year.

-- BERNAMA

High Speed Vessel Arrives In Labuan
August 08, 2005 17:56 PM



KOTA KINABALU, Aug 8 (Bernama) -- The joint venture High Speed Vessel (HSV-XI), a leased commercial ship, arrived in Labuan, Monday for a three-day port visit, followed by a three-day visit to the state capital.

According to a statement issued by the press office of the US Embassy, the US Pacific Command was testing the HSV-XI as a military support vessel designed to transport personnel and equipment.

It said the vessel was the sister ship of HVS-2 Swift. The Swift was part of the US Navy emergency relief operations in Aceh, Indonesia, in the aftermath of the tsunami catastrophe.

It played an important role in helping to transport supplies to isolated areas in the tsunami-devastated province.

The vessel is scheduled for a variety of exercises, security cooperation events and port visits in the region.

The statement said US vessels routinely transit through international waters, participated in bilateral exercises and stopped at ports for friendly visits, rest and resupply.

"This visit is a routine port call that reflects the continuing relationship that have brought new opportunities for the US and Malaysia to interact positively in a number of areas of mutual interests," it added.

-- BERNAMA

Labuan Financial Park
by Jefery

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The Wrecks of Labuan

A rising star in the Asia-Pacific pantheon of wreck diving destinations, the small island of Labuan has emerged from the shadow of neighbouring destinations like Sipadan, Sangalaki and Layang-Layang, to set its own standards for diving excellence.

Just eight kilometres offshore from the Eastern Malaysian state of Sabah, on the island of Borneo, and strategically located at the northern approach to Brunei Bay, Labuan is a Duty-Free port and international Offshore Financial Centre whose past reflects the region's maritime history.

Long recognised as an early haven for vessels plying the trade routes of the South China Sea and who sought refuge from storms and the attention of pirates, Labuan later came to prominence as a naval base from which to fight piracy when - in 1844 - coal to power the fleet was discovered on the island.




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Occupied by the Japanese Imperial Army during the Second World War, Labuan was the focal point of an Allied sea-borne invasion to re-take Borneo. A successful operation that is, today, commemorated by the Peace Park at Surrender Point, on the island's western shore and the Commonwealth War Graves Cemetry; serene and lasting memorials to the folly of war.

Now a tourism destination that relies as much on its natural beauty as it does on having a full range of other attractions and amenities - including accommodations that range from the comfortable to the luxurious and a wide choice of excellent restaurants and night-clubs - Labuan's appeal to divers remains its sea-based legacy.

Although the coral reefs and prolific marine life found among Labuan's smaller satellite islands are on a par with the best that the region has to offer, the main diving attractions are four large wrecks that lie in the nearby waters.

Little more than 40-minutes travelling time distance by fast, well-equipped boats from their marina-front store at the popular, 'Waterfront Hotel', Borneo Divers have pioneered what is fast proving to be one of the region's most spectacular diving destinations: A series of popularly named wrecks each of which offers fascinating and unparalleled opportunities for exploration.


The 'Australian Wreck'


Identified by Borneo Divers, in 1995, as the wreck of the Dutch vessel, 'S.S. De KLERK' - a 91-metre long freighter launched in 1900 for service in the then Dutch East Indies - the ship was scuttled by its owners in 1942. Subsequently salvaged by the Japanese and renamed the 'IMABARI MARU', the freighter hit a contact mine off Labuan, in September, 1945 with the loss of 339 lives.

Now resting on her port side, in 33-metres of water, the timber decks have long since collapsed and disintegrated, exposing the below-decks area to easy view. Gliding beneath the steel cross-thwarts, divers can swim the entire length of the vessel, passing open port-holes with still intact glass, across the top of beckoning holds where large lion fish
Army during the Second World War, Labuan was the focal point of an Allied sea-borne invasion to re-take Borneo. A successful operation that is, today, commemorated by the Peace Park at Surrender Point, on the island's western shore and the Commonwealth War Graves Cemetry; serene and lasting memorials to the folly of war.

Now a tourism destination that relies as much on its natural beauty as it does on having a full range of other attractions and amenities - including accommodations that range from the comfortable to the luxurious and a wide choice of excellent restaurants and night-clubs - Labuan's appeal to divers remains its sea-based legacy.

Although the coral reefs and prolific marine life found among Labuan's smaller satellite islands are on a par with the best that the region has to offer, the main diving attractions are four large wrecks that lie in the nearby waters.

Little more than 40-minutes travelling time distance by fast, well-equipped boats from their marina-front store at the popular, 'Waterfront Hotel', Borneo Divers have pioneered what is fast proving to be one of the region's most spectacular diving destinations: A series of popularly named wrecks each of which offers fascinating and unparalleled opportunities for exploration.
The 'Cement Wreck'

Sitting perfectly upright in 30-metres of water, the 92-metre long, 'MV Tung Hwang', sank in September, 1980, after hitting a reef while en-route to Brunei with a cargo of cement intended for use in the construction of the Sultan's Palace.

Resting just 14-metres below the surface, the roof of the wheelhouse is the perfect place to appreciate the grandeur of the 'Cement Wreck'. Looking forward from the command and accommodation superstructure, the long expanse of the cargo deck vanishes into the distance. Rising above it, the tops of the masts and kingposts carry the tattered remnants of large mesh fishing nets, testimony to the prolific fish life attracted to the hulk.




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The 'American Wreck'

Just 1.4 kilometres from the 'Australian Wreck', are the remains of the 'USS SALUTE', a 56-metre long Navy minesweeper. Sunk on the 8th June, 1945, with the loss of nine men after hitting a mine during the pre-invasion sweep of Brunei Bay, the 'USS SALUTE' rests on a hard sand bottom at a depth of 33-metres. Buckling amidships when she sank, the bow folded back across the deck and rises at an angle of about 45 degrees from the upright stern section.

For dedicated wreck divers, large, jagged tears in the hull offer access to the inner compartments. But there are plenty of discoveries still to be made on the outer sections


between the buckled and twisted steel plates. Scattered munitions, contrasting with the soft corals and colourful feather stars, litter the sand around the wreck. And still in place in their stern racks, cylindrical depth charges are grim reminders of the past.




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The 'Blue Water Wreck'


Named for the incredible visibility usually experienced around this wreck, the 'MV MARBINI PADRE' sank in 35-metres of water in November, 1981, after foundering while under tow. An 80-metre long stern-trawler lying on her port side on a surrounding bed of hard sand, the vessel is gradually undergoing a 'sea-change' as soft corals, crinoids, and colonies of ascidians transform the hull into a colourful undersea garden. Huge lion fish are in evidence everywhere as are groupers, gobies, schools of large bat fish and an enormous variety of smaller, colourful tropicals.


For experienced and properly equipped wreck divers penetration into the heart of the intact vessel is possible through the open hatch-covers along the weather-
decks, or through the doorways of the imposing superstructure.




http://www.e-nekton.com/archive/edition1/wreck3.jpg




The 'Cement Wreck'

Sitting perfectly upright in 30-metres of water, the 92-metre long, 'MV Tung Hwang', sank in September, 1980, after hitting a reef while en-route to Brunei with a cargo of cement intended for use in the construction of the Sultan's Palace.

Resting just 14-metres below the surface, the roof of the wheelhouse is the perfect place to appreciate the grandeur of the 'Cement Wreck'. Looking forward from the command and accommodation superstructure, the long expanse of the cargo deck vanishes into the distance. Rising above it, the tops of the masts and kingposts carry the tattered remnants of large mesh fishing nets, testimony to the prolific fish life attracted to the hulk.




http://www.e-nekton.com/archive/edition1/wreck4.jpg




Although experienced wreck divers can penetrate into the cargo holds, accommodation areas and engine room, the upper deck areas provide equal fascination - particularly for photo-
graphers. Encrusted with soft and hard corals,feather stars and anemones the wreck is 'home' to a remarkable variety of fish, both large and small. Schools of large barracuda hunt above the decks; shoals of trevally move backwards and forwards along its length; grouper and lion fish take up regular stations in the more confined areas while colourful reef fish, pufferfish and octopus forage the entire length of the hull.

The equal of those to be found anywhere in the world, each of these wrecks has its own distinct character with boundless opportunities for discovery. One or two dives are insufficient. They demand to be dived time and time again. And with a solid reputation for enjoyable underwater experiences based on absolute safety, Borneo Divers make this more of a reality by offering quality specialised training in wreck diving practices.

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Deep Sea Port In Labuan Still On
September 13, 2005 19:48 PM



LABUAN, Sept 13 (Bernama) -- The proposed RM400 million integrated deep sea port project at Rancha Rancha in Labuan is still on and is likely to be built on a built-and-operate (BOT) basis within the next five years, according to Labuan Member of Parliament, Datuk Suhaili Abdul Rahman.

He told Bernama Tuesday that the studies carried out several years ago showed that the project was feasible but was being put on hold for the time being as the government preferred to let the private sector build and operate it.

Suhaili, who is also chairman of Labuan Corporation, said at least three groups had indicated interest in the port project which when completed would be able to position Labuan, a duty-free island, as a main hub and transhipment port for the Brunei-Indonesia-Malaysia-Philippine-East Asia Growth Area (BIMP-EAGA).

He said the port will also be important to Labuan's future economy in view of several proposed projects, including a oil/gas-related industrial project which would involve billions of Ringgits in investment and provide thousands of employment.

Suhaili declined to give details of the proposed oil/gas project, saying that he believed the government would announce it at the appropriate time.

He said that existing projects including the revival of a major shipyard and the implementation of a mega methanol plant, would also help to boost the sagging local economy with their economic spin-off and creation of jobs.

Labuan which is a Federal Territory is managed by the Labuan Corporation.

The population is estimated at 80,000.

Suhaili said as Labuan Corporation head he was extra careful in approving development projects as he wanted to see orderly development.

He said he did not want to see over congestion in the town centre, as roads are not designed to take more traffic without causing problems.

As part of long-term plan, Suhaili said he was proposing to re-locate the Labuan Town to Kiamsan while the existing town will remain so that in the future there would be several towns located all over the island off the Sabah coast. Suhaili said the government has taken steps to improve Labuan's air connectivity with the recent RM200 million award for the improvement and upgrading of Labuan Airport to extend existing runway and terminal building to accommodate bigger aircraft.

The Prime Minister Datuk Seri Abdullah Ahmad Badawi announced recently that Labuan Airport would operate on an open skies concept and that airlines with landing rights in Labuan would have far greater freedom of flights.

He said this would have a significant impact on trade promotion, investment and tourism.

-- BERNAMA

Proposed master plan for Labuan Waterfront

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Labuan Ferry Terminal


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Labuan City
by Jefery

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nice pictures Nazrey!

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Labuan
by aminur

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nice to see Labuan:okay:

i think Labuan is very underrated

New Ferry Terminal in Labuan
by jasmeet

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Nice...!

Labuan
by jasmeet

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is anybody knows the emblem of labuan???

belated HAPPY FEDERAL TERRITORY DAY

Federal Territory day celebrations modest in Putrajaya
Saturday February 4, 2006
By GEETHA KRISHNAN


MUCH euphoria was felt in Putrajaya when it was officially declared a Federal Territory back on Feb 1, 2001.

However, its fifth anniversary celebrations this year will be modest in comparison with earlier years, given a few changes in the usual line-up of scheduled events. But as always, activities have been planned for the whole month.

Celebrations will kick off with tahlil prayers offered as thanksgiving for the growth and success of Putrajaya. The prayers will be held at 7.30pm on Thursday at the Putra Mosque, popularly described as the Pink Mosque, in Precinct 1.

The Laman Seni Putrajaya will be launched at 8am on Feb 11 at the Promenade in Precinct 1. The Culture, Arts and Heritage Ministry, Putrajaya Corporation and National Art Gallery are coming together for the event, seen as a continuation of the Laman Seni Kuala Lumpur that was held last year.

Culture and arts activities of differing nature were held during the course of Laman Seni Kuala Lumpur and a similar list of events will take place in Putrajaya. A large number of stalls will be set up by vendors to sell and exhibit craft works.

Also scheduled to participate in the venture by exhibiting art manuscripts will be the National Library and National Archives.

The launch of Laman Seni Putrajaya will coincide with the start of the National Watercolour Competition, deemed to be the first. Themed the “Splendour of Malaysia”, the competition is open to Malaysian citizens aged 21 and above.

Winning works will be exhibited during National Day on Aug 31.

The significance of the Putrajaya Angling Competition always earns a place in the line-up of activities. This year, it follows closely on the heels of Laman Seni Putrajaya.

The competition will be held from 8am to 1pm on Feb 12 at the Promenade. Developed around the concept of preserving nature and its rich heritage, fish measuring less than 30.5cm long caught during the competition will be released back into the Putrajaya Lake.

Only 1,000 entries from Malaysian citizens aged 12 and above will be accepted at an entry fee of RM30 each. The organisers have prepared cash prizes, hampers and goodie bags for winners.

Another popular event will be the Cyclefest Putrajaya at the Boulevard on Feb 25, jointly organised by PJC and the Putrajaya Cycling Association (PjCA). Several new categories will be introduced, including inter-school relays according to age and junior veteran mountain bike open.

This year’s event will even continue with a Night Race. Side events include street soccer, BMX bicycle demonstrations, bicycle maintenance and repair clinics and sale of bike accessories.

PJC officers will also station themselves at Alamanda Putrajaya on the morning of Feb 25 to answer questions and queries during the Meet-the-Customer Day. It is hoped the meeting would encourage feedback from Putrajaya residents, a move PJC hopes will deliver better city and customer services.

Labuan hosts FT Day fest
Saturday February 4, 2006
By RUBEN SARIO

A CARNIVAL atmosphere enveloped the scenic Labuan Square as children and adults alike participated in a series of competitions such as tug-of-war and sack races.

Despite the midday heat, hundreds of people from around the island and nearby Kuala Penyu district in Sabah thronged the square to take part or simply join the cheering groups during the tele-matches.

The games on Feb 2 was part of the national-level Federal Territory Day celebrations that Labuan was hosting for the first time since the is-land was declared Malaysia’s second Federal Territory in 1984.






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Military personnel were among the 80 contingents at
the Federal Territory Day parade.







Earlier, Acting Federal Territories Minister Datuk Shahrizat Abdul Jalil launched the festivities that included a parade involving some 80 contingents

This was followed by the raising of the Labuan, Kuala Lumpur and Putrajaya flags. The programme also included poetry reading and cultural performances.

The highlight of the celebrations was a mini concert by Malaysian songbird Siti Nur-haliza and Sabahan Akademi Fantasia star Felix.

Among the estimated 5,000 people who witnessed the festivities were Chief Secretary to the Government Tan Sri Samsuddin Osman, the Putrajaya Corporation president, Kuala Lumpur Mayor Datuk Ruslin Hasan and Labuan MP Datuk Suhaili Abdul Rahman.

Suhaili, the Labuan Corporation chairman, said the hosting of the national-level celebrations was meaningful for the islanders.






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Big bikers arriving ahead of Shahrizat who launched the event
in Labuan recently.






“We used to celebrate FT Day by ourselves, and now hosting the national event makes us feel we are part of a bigger family,” he said.

He said that Labuan had come a long way since it gained Federal Territory status 22 years ago.

“We used to be known as a barter-trade centre with a few rows of two-storey shophouses.

“But we now have an ultra-modern financial centre and various tourism and education facilities apart from an active oil and gas industry.

“We have many reasons to look to the future,” Suhaili added.

FT Day do takes off with flying colours
Monday February 13, 2006
By CHOW HOW BAN


A NEAT landing by a troop of six parachutists who finished their act by displaying a banner that read “Sayangi Kuala Lumpur'' (Love Kuala Lumpur) before some 3,000 people kicked off the KL-level Federal Territory Day celebrations at Dataran Merdeka on Saturday morning.

The daredevils from the Kuala Lumpur Parachutists' Association received rapturous applause from participants and visitors who woke up early to celebrate the city's 32nd birthday.

Among the VIP guests at the event were Acting Federal Territories Minister Datuk Seri Shahrizat Abdul Jalil, Deputy Federal Territories Minister Datuk Zulhasnan Rafique, FT Ministry parliamentary secretary Yew Teong Look, FT Ministry secretary-general Datuk Dr Zulkurnain Awang, KL Mayor Datuk Ruslin Hasan and other MPs.



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The City Hall's choir then entertained the crowd with patriotic songs before SM Victoria Institution’s award-winning brass band stole the show with their musical numbers.

The SMK Seri Bintang Utara's cheerleading team upped the tempo with a blazing routine.

Other events held in the area included telematches, health screening and speak raga, paintball, street soccer, Braille chess, colouring and drawing competitions.

City Hall will be organising programmes until March 5 for city folk.

Labuan
Pictures by jasmeet :runaway:

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On the Ferry

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m.a.r.i.n.e._p.a.r.k. - Labian
by arqsim

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how much is the population in Labuan?? the place looks deserted. great for taking pics without people bothering ha ha...

The World War II Memorial

The World War II Memorial in Labuan is the largest in Malaysia. 3,905 graves of soldiers mostly Australians, British and Indians lie here. This memorial is maintained by the Commonwealth War Graves Commission. Photos were taken in December 2004.

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Labuan Targets 2015 To Emerge As Developed FT


LABUAN, April 7 (Bernama) -- The Federal Territory Ministry and the Labuan Corporation are working out a master plan to enable the duty free island to emerge as a fully developed federal territory by 2015.

The Federal Territory Minister Datuk Zulhasnan Rafique said the 2015 Labuan Master Plan would propel the development in various economic sector including banking, industry and human resource development.

"This is the target set by the Federal Territory Ministry for the development of Labuan as an offshore financial centre, gas industry and petroleum hub, shipping hub, the regional education centre and a world class tourism centre.

"The other amenities to be developed to attract visitors to Labuan include a 18 hole golf course," said Zulhasnan here Friday.

Zulhasnan is in Labuan inconjuction with the Yang di-Pertuan Agong Tuanku Syed Sirajuddin Tuanku Syed Putra Jamalullail's three day visit to the island.

On efforts to make Labuan a world class tourist destination Zulhasnan said the ministry is working towards the goal by utilising completely the natural beauty of Layang-layang Island.

The Layang-layang Island boasts a 7 kilometer long and 2 kilometer wide reef that is considered the "Divers' Heaven".

Zulhasnan also said the island is surrounded by crystal clear waters and rich in marine life including the Hammerhead shark, the Manta ray with its fins extending up to three metres, Baraccudas and the reef sharks, he said.

According Zulhasnan, on the eastern side of the island thousands of migratory birds stopover there.

"Therefore it is not surprising that the Layang-layang Island is listed as the 10th most beautiful diving location in the world," said Zulhasnan.

AirAsia mulls turning Labuan into hub
May 4 2006
NewStraitTimes (http://www.btimes.com.my/Current_News/BT/Thursday/Corporate/BT565495.txt/Article/index_html)


BUDGET airline AirAsia Bhd is mulling turning Labuan into a hub from where it could fly to places such as Macau and Guangzhou in China and the Philippines.

The carrier is actively looking for potential hubs, chief executive officer Datuk Tony Fernandes told reporters on the sidelines of a financial seminar about Labuan's international offshore financial centre.

"It is not imminent, but it is one of the plans. Hopefully we can get a great deal from the airport," he said.

Having Labuan as a hub would allow AirAsia, Asia's biggest low-cost carrier, to tap into markets in Brunei and Sabah, the tourist market as well as provide connectivity for the fast-growing offshore financial centre.

Labuan is also fast developing as a tourist attraction and airplanes to the island are not just filled with bankers doing business in the offshore financial market.

"People are coming here for tourism. Half the passengers on the plane were coming here for a holiday. They said it was nice, it's peaceful, it has a nice park, it has a beach and things are fairly cheap. It actually amazed me because I never thought of it like that," Fernandes added.

To a question, Fernandes said nothing has been confirmed so far as to reports about him building low-cost hotels.

Sources told Business Times that Tune Air Sdn Bhd, the major shareholder of AirAsia, and in which Tony has a stake, may build low-cost hotels.

"Do I think it complements AirAsia, obviously. Yes, I see a business opportunity. I see it complements AirAsia. Should it be part of AirAsia, absolutely not. We must stay focused as an airline," he said.

However, Tony said he may consider being a private investor if such an opportunity comes along. - By Shahriman Johari

Citibank, Capital Invt new Labuan exchange listing sponsors
May 4 2006
NewStraitTimes


CITIBANK Malaysia (L) Ltd and Capital Investment Bank (L) Ltd have been appointed as the latest listing sponsors by the Labuan International Financial Exchange (LFX).

The two banking groups are the first foreign institutions appointed as listing sponsors on the offshore exchange.

A listing sponsor of LFX is primarily responsible for providing advice, structure and arranging for the listing of both conventional and Islamic financial instruments on the exchange.

Chairman of the LFX board and Bursa Malaysia chief executive officer Yusli Mohamed Yusuff said granting of the licences to foreign banks was testimony to LFX's growing credibility as an international offshore exchange.

Citigroup Malaysia country head for corporate and investment banking Sanjeev Nanavati said the listing licence will help the banking group further develop its business in Labuan.

Capital Bank managing director Megat Mizan Nicholas Denney said the bank plans to tap the available international resources through the LFX.

Insurer eyes offshore retakaful presence in Labuan
June 5 2006
BusinessTimes


Europe's largest insurer Allianz aims to play a bigger role as a major
reinsurance hub for the wider Asian market

EUROPE ’S largest insurer, Allianz AG, is talking to Bank Negara Malaysia to set up an offshore retakaful or Islamic reinsurance unit in Labuan to tap the reg ion’s fast expanding Islamic insurance market.
“We are not looking only as a prime insurer but also as a takaful reinsurer,” said Bruce Bowers, who heads the company’s operations in Asia.

Allianz has not applied for licence yet but is in talks with the authorities to underwrite and reinsure takaful policies in Malaysia.

Retakaful is a form of insurance whereby a takaful operator pays an agreed premium to the retakaful operator in return for providing security on the risk reinsured.

“We aim to play a bigger role as a major reinsurance hub for the wider Asian market,” told reporters at the group’s chief executive officers conference in Phuket, Thailand recently.

Allianz already has a strong reinsurance presence in Asia with an office in Singapore’s international reinsurance centre.

The company also has reinsurance branches in Labuan International Offshore Financial Centre (IOFC), namely Allianz AG Life Reinsurance Branch Labuan and Allianz AG General Reinsurance Branch Labuan.

Asia, including Malaysia, presents a huge opportunity in Islamic financial services, he said.

He noted that the crave for Syariah based products has increased in the oil-rich states of West Asia to meet the demands of the fast-developing region.

However, Bower said, the company has not decided which region the offshore unit will serve as it was still looking at various models.

“It is a growing market segment that should be tapped and can be tapped,” he said.

Bower s’ confidence was based on Allianz’s launch of takaful operations in Indonesia this April. It also has plans to start takaful operations in India this year.

Early this month, Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the Labuan IOFC has four retakaful entities including two conventional reinsurers that have established retakaful divis ions.

Asean Retakaful International (L) Ltd (ARIL), a subsidiary of Syarikat Takaful Malaysia Sdn Bhd, which commenced operations in 1997 is Malaysia’s only offshore retakaful operator. — By Rupinder Singh

BizFocus:
Labuan: Lofsa’s labour of love
June 5 2006
BusinessTimes


Labuan has been Malaysia’s offshore financial centre for the last 15 years,
and it has made major strides since. Now it needs to quickly establish its
edge in Islamic finance. Shahriman Johari examines what it must do to tackle
competition.

KAMARUDIN Meranun, the deputy chief executive of AirAsia Bhd, reckons that the Labuan International Offshore Financial Centre has significantly helped the budget carrier save on aircraft leasing charges.
“We’ve saved millions,” he said.

But really, how competitive is Labuan compared with other offshore centres that have been around for far longer? Datuk Tony Fernandes, AirAsia’s CEO, gladly takes the question.

“Put it this way. We are the tightest company in the world. It’s got to be competitive. Everything we have done has to be competitive. Labuan has to be competitive, otherwise we wouldn’t be here. We can’t do it just because we’re nationalistic. ” Labuan, a small island off the coast of Sabah, was made an offshore centre in 1990 as Malaysia aimed to become a regional financial centre. An offshore market would complement such a centre by attracting funds closer to home.

Over the last 15 years, the centre, managed by the Labuan Offshore Financial Services Authority (Lofsa), has managed to register some 5,152 companies as at last year.

The firms range from banks, insurance firms and trusts to leasing, fund management and money broking busin esses.

Labuan has to compete with some 72 other offshore centres, the bulk of them located in Europe and the Western hemisphere. Among the most well-known ones, the British Virgin Islands (BVI), located in the Carribean, has more than 300,000 companies.

Labuan may pale in comparison with BVI or the Cayman Islands in terms of number of companies, but some say it has done well to be where it is.

“They have a very good set-up. Regulatory framework is world-class, very smooth expedient administrative abilities.

I think they have to keep it up,” said Saleh Jameel Malaikah, chairman of RUSD Investment Bank Inc, an offshore Islamic bank.

RUSD has set in motion plans to launch three Islamic funds which will invest in Malaysia. One is a US$200 million (US$1 = RM3.64) real estate fund, while the rest would include a private equity and an equity fund that would be at least US$100 million in size collectively.

These funds are scheduled to be launched this year.

Companies like RUSD Investment Bank, part of Saudi Arabia’s RUSD Group, represent the new target market for Lofsa.

Malaysia ’s historical links with countries in West Asia have already benefited firms like state utility Tenaga Nasional Bhd, which has invested there, and the opportunity is not lost on Lofsa.

“We would like to be at the forefront of this (islamic finance),” said Lofsa director-general Datuk Azizan Abdul Rahman.

It also comes at a time when Malaysia is the chairman of the Organisation of Islamic Conference (OIC) countries.

Oil-producing OIC nations are sitting on rising cash reserves thanks to high oil prices, and more of this money are looking for a home in Asia post-September 11.

It is estimated that the Gulf region could produce more high net worth corporate figures with assets reaching US$800 billion in the next five to seven year s.

“We realise that there is tremendous synergy (for Labuan) with the wealth creators, especially from the Middle East,” said former central banker Datuk Seri Panglima Andrew Sheng, who is now the Tun Ismail Ali Professor of Monetary and Financial Economics at Universiti Malaya.

This would be Labuan’s edge over more-established rivals.

“I see Labuan as a very credible domicile for many reasons. Number one is that it is tied to Malaysia and Malaysia is one of the major economic players in Asean and the Far East,” Saleh said.

So what does it need to do now? Sheng argues that Labuan already has the necessary hard infrastructure in place. What it needs now is to lower what he calls “friction cost”. This refers to the processes in place like time to register companies and incentives like taxes.

Labuan should also not be too occupied with the Middle East and should look at China where there are some 80 million Muslims, more than three times the population of Malaysia.

“It is like a brand …you ’re selling a service. China will (eventually) need Islamic financial products,” he said.

Early this month, Bank Negara Governor and Lofsa chairman Tan Sri Dr Zeti Akhtar Aziz announced that the tax structure of Labuan will be reviewed.

In addition, It will introduce a separate omnibus law which will govern Islamic financial services offered by companies in Labuan.

Labuan offers companies a comparatively low cost in doing business with a corporate tax of just 3 per cent of net profit, or RM20,000 a year.

“I think they are doing a very good job. I think what they need is marketing and promotion more than anything else. We are trying to help in this marketing effort,” RUSD’s Saleh said.

AirAsia’s Fernandes agrees. He also thinks that Labuan should promote itself more as a tourism destination.

The plane that he was in on the way to Labuan was full, he said. But isn’t that because of the financial conference, one journalist countered.

Fernandes said half of the passengers on his flight came to enjoy Labuan as a tourism spot.

Doing so would not undermine Labuan’s efforts to become an offshore financial centre. In fact, it might just do wonders.

Ekran unit gets RM20m airport contract
06-06-2006
THEEDGEDAILY

Ekran Bhd's subsidiary, Ekran Project Management Sdn Bhd, has been awarded a RM20 million sub-contract by Global Upline Sdn Bhd for the upgrading of Labuan airport.

In a statement on June 6, Ekran said the contract was for the upgrading of the airport's aeronautical ground lighting system and navigation aid system.

It said the project was scheduled to be completed by Dec 31, 2007 and contribute positively to earnings for the financial years ending June 30, 2006 and 2007.

Boost for Labuan bird park
Tuesday November 7, 2006
TheStar

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The mountain hornbill adds colour to the park


LABUAN: The Labuan Bird Park expects to draw more visitors when its RM300,000 upgrading works are completed soon.

Its assistant veterinarian Arajail Alpisah said the upgrading works included deepening the Arapaima pond, one of the star attractions of the park.

Arapaima is a freshwater fish from Brazil, which can grow up to 1.5m and weigh up to 100kg.

The park will have new cages including for ostriches and smaller birds along the jogging track.

“The upgrading is to beautify the area,” he said.

He said the park hoped to draw crowds by improving the jogging track and placing bird cages at strategic stops at the park.

Located in Tanjung Kubong, the park is about 16km from Labuan town. It was opened in 1999 and cost RM6.5mil to create. Entry is free.

Arajail said the park was built as an exhibition centre of Borneo and tropical birds, a regional research and bird training centre, a centre for the conservation of birds from extinction, and a breeding and production centre for birds.




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A pair of crown crane from Africa.




Last year, the park saw over 100,000 visitors including foreigners. About 60,000 people visited the park from January to September this year.





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Entry to the bird park.





He said the park housed 500 birds of 112 species including seven foreign species.

He said the park needed RM600,000 annually for maintenance.

So far, he said, the park had been able to breed several bird species including the storm stork, golden dove and purple heron.

Arajail said another 98 species of birds from peninsular Malaysia were expected next month.

He said although visitors demanded to see more foreign birds, the park was limiting foreign species to only 3% of the population.

He said the park was considering the introduction of an entrance free to help cover costs.

Currently, he said the park management only raised funds through activities at the park.

i take this pic at labuan square time balik kampung ari tu hehehehe...

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^ tiada nampak bah :D

^ tiada nampak bah :D

teda nampak apa??

teda nampak apa??

ariatu inda nampak. Masa ani nampak tia. down kali ariatu :D