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In a strategic restructuring exercise, Labuan Offshore Financial Centre was renamed to Labuan International Business and Financial Centre (Labuan IBFC) in January 2008 to reflect

In a strategic restructuring exercise, Labuan Offshore Financial Centre was renamed to Labuan International Business and Financial Centre (Labuan IBFC) in January 2008 to reflect the jurisdiction's growing international status and direction. Compare the characteristics of Labuan Offshore Financial Centre and Labuan IBFC.

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