LABUAN, March 21 (Bernama) — Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official promotional and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) has established the Labuan IBFC China Desk.
China has remained Malaysia’s top trading partner for the last 15 consecutive years, with bilateral trade between both countries reaching a record high of USD156 billion in the first ten months of 2023. The recent mutual waiver of visa requirements between Malaysia and China creates a more conducive environment for people-to-people exchanges and cooperation between the two countries.