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Labuan

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
La·bu·an  (l-bn, läb-än)
An island of Malaysia off the northern coast of Borneo. At one time a British crown colony (after 1848), it became part of Malaysia in 1963.

Labuan [ləˈbuːən]
n
(Placename) an island in Malaysia, off the NW coast of Borneo: part of the Straits Settlements until 1946, when transferred to North Borneo. Chief town: Victoria. Area: 98 sq. km (38 sq. miles)


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The island of Labuan is a budding offshore financial center.
has upgraded the financial strength rating to A- (Excellent) from B++ (Very Good) and the issuer credit rating (ICR) to "a-" from "bbb+" for Labuan Reinsurance (L) Ltd (Labuan Re) (Malaysia).
lu Malaysia- N/A Labuan Offshore Financial Services Labuan Authority, Level 17 Main Office Tower, Financial Park Complex Jalan Medeka 87000 Labuan F.
 
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