Labuan Island is a federal territory of Malaysia located off the coast of Borneo. It is known for its beautiful beaches, clear waters, and diverse marine life, making it a popular destination for tourists and divers. The island has a rich history, influenced by various cultures, including British colonialism. The economy of Labuan is primarily driven by offshore financial services, tourism, and oil and gas industries. The island is also home to several historical sites, such as the Labuan War Cemetery and the Labuan Marine Park, which attract visitors interested in history and nature.