All the banks have only one desk in Labuan which is touted as an International Offshore Financial Centre (IOFC). No work is done in Labuan. All the work is done in KL and elsewhere. Labuan is just used as an IOFC address.

IOFC is just a big scam to hoodwink the country and the world.

If you go to Labuan, you will find no development taking place despite the newspaper articles written by journalists in KL. The place is a lot cleaner than it was many years ago, well landscaped, but that's about it. The Labuan International Seasports Centre etc etc, marina and similar developments are all white elephants sitting in the sun in eerie silence.

The new international airport is very quiet. Two AirAsia flights a day from Labuan to KL. Some other MAS flights, all rip-offs. There are quite a number of international hotels and cheaper hotels.

I told the Labuan Malaysian Airports Berhad chap that I like Labuan Airport because every time I am there, I have almost the whole place to myself. Keep it that way, I told them. It's like being in heaven. Try the nasi lemak at the only restaurant at the airport. Booze and chocolates are cheap (buy in town) because of the free port status and taxi drivers don't cheat. Nothing else is cheap. But prices are not higher than elsewhere.

I am happy for Labuan. No development. I am anti-development. No crowds. I am anti-crowds. The people and the territory somehow manage, despite the politicians. Now, the big thing is nightclubs with virgins from the Philippines. They have been mushrooming.

I think the patrons come from the offshore oil rigs, Brunei, Miri and Kota Kinabalu (KK). If you can get a zero airfare AirAsia flight to Labuan from KL, try to visit the nightclubs. I haven't been there myself because I don't patronise such places. That doesn't mean I am against people who patronise such places.

Labuan is a great place to retire. You have direct flights to KL, KK, Bunei and Miri. From KK, you can get direct flights to many places in East Asia and Australia. Labuan to KK is only 20 minutes by flight.

Better don't take MAS because it's a rip-off. Take the ferry and bring your laptop and some books along. Only RM36 first class to KK but it takes three hours. Good chance to catch up on many things. There's an Atur system on board for telephone calls.

Don’t die without visiting Labuan and seeing for yourself.