Exploring Malaysia 
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The Garden Island of Borneo, Labuan, offers the best of business and pleasure, catering to almost every class of traveller. From world-class resorts and five-star hotels, to facilities for corporate get-togethers, meetings, incentives, conventions and exhibitions to water sports, diving, game fishing or just plain relaxing, Labuan has it all. A leading international tax-free haven, Labuan also offers visitors an unspoiled tropical island paradise, with coral reefs, stunning scenery, peace and isolation. The prospects of good shopping, delicious food, interesting tours, watersports and exciting night-life make Labuan an exciting destination.
Geography & History
Labuan located off the coast of East Malaysia comprises one main island (Labuan Island) and six smaller ones (Rusukan Kecil, Rusukan Besar, Kuraman, Daat, Papan and Burung) covering an area of 92 sq. km. Bandar Labuan, formerly known as Victoria is the major town and port.
Labuan which has been under the rule of various powers was part of the Majapahit Empire in the 14th century, before it came under the rule of the Brunei Sultanate. Ceded to the British in 1846 it was officially declared a colony of the British Empire in 1849 and renamed Victoria. During World War II it was occupied by the Japanese who renamed it Maida Island or Maidashima. After the War the British retained control until 1963 when Labuan joined Malaysia as part of Sabah.
Labuan was declared a Federal Territory in 1984 and an International Offshore Financial Centre in 1990. Oil and gas is the main economic activity on the island while other sectors include banking and finance, tourism and education. As a duty free island, Labuan enjoys many special privileges and facilities. In addition to shopping opportunities it also offers business and investment opportunities as Raw materials and components used in manufacturing can be brought in and exported free of duty taxes.
Labuan’s socio-economic and cultural evolution has been highly influenced by its close proximity to Negara Brunei Darussalam. Over 60% of the local sare descendents of the Brunei Malays while the other major group are the Kedayans. Chinese, Indians, other races and foreigners make up the rest of the population.
