Topic summary
Labuan IBFC
Extracted from the Wikipedia article Labuan International Business and Financial Centre.
The Labuan IBFC shares a common time zone with many large Asian cities and its location between China and India as well as its proximity to several other financial centres has been used to promote the Labuan IBFC as a convenient location for business dealings. Labuan has been designated as a financial centre and free trade zone by the Malaysian government.