The number of offshore companies incorporated in the Labuan International Offshore Financial Centre (IOFC) increased by 486 or 33.5% last year, bringing the total to 3,571.
These figures were provided by Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, who is also chairman of the Labuan Offshore Financial Services Authority (Lofsa), when presenting the Lofsa 2002 annual report in Kuala Lumpur yesterday.
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