Top Industries in Labuan
Labuan is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Labuan include:
Finance
Labuan is a prominent international business and financial center, attracting numerous financial institutions. The finance industry offers a range of opportunities from banking to financial advisory services.
Range: $50-$120k
Growth rate: 5%
Oil and Gas
The oil and gas industry is a cornerstone of Labuan's economy, with several multinational companies operating in the region. This sector provides numerous job opportunities in engineering, project management, and operations.
Range: $60-$150k
Growth rate: 3%
Tourism
Tourism in Labuan is growing, with its beautiful beaches and historical sites attracting visitors. The industry offers roles in hospitality management, tour operations, and marketing.
Range: $30-$80k
Growth rate: 7%
Employment Trends and Growth Rates
Labuan's employment trends indicate steady growth, particularly in finance and tourism.
The city is experiencing a shift towards digital finance, with increased demand for tech-savvy professionals.
Income inequality remains a concern, but efforts are being made to provide equitable job opportunities across sectors.
Job turnover rates are moderate, with a stable workforce in key industries.
Job Market for Remote and Freelance Workers in Labuan
Remote work is gaining traction in Labuan, especially in finance and tech-related roles.
Local companies are increasingly offering remote positions to attract a wider talent pool.
The demand for remote jobs is expected to grow, aligning with national trends of increased remote work adoption.
Job Resources and Networking
Labuan offers several job resources, including local job boards and career fairs.
The Labuan Job Portal (https://www.labuanjobportal.com) provides listings of local opportunities.
Career development centers and workshops are available to assist job seekers in enhancing their skills.
Entrepreneurial hubs like the Labuan International Business and Financial Centre support startups and innovation.
Property Prices Rankings
The Property Prices Rankings for Malaysia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025