Labuan is the main island of the Malaysian Federal Territory of Labuan.
Labuan is best known as an offshore financial centre offering international financial and business services
via Labuan IBFC since 1990 as well as a tourist destination for nearby Bruneians and scuba divers.
The island lie 8 km off the coast of Borneo, adjacent to the Malaysian state of Sabah and
the independent state of Brunei Darussalam, on the northern edge of Brunei Bay facing the South China Sea.
According to Labuan Corporation, ethnic composition in 2005 in Labuan was:
Malay mainly Brunei Malay and Kedayan (30,300), Ethnic Chinese (10,300), Kadazan Dusun (5,500),
Bajau (4,800), Murut (700), other races (13,300) and foreigner (18,600).