The current trend of sponsors racing in to support local state and club teams is a positive development for sports in the country said Youth and Sports Minister Khairy Jamaluddin.
Khairy said he was appalled by the bold move by corporate companies, including a cosmetics company, Vida Beauty Sdn Bhd owned by Datuk Seri Dr Hasmiza Othman or better known as Datuk Seri Dr Vida.
The company was reported to sponsor Kelantan to a tune of RM20 million. The ball started rolling when the Sultan of Johor, Sultan Ibrahim Almarhum Sultan Iskandar announced his pledged to contribute RM50 million to club side Johor Darul Ta'zim (JDT).
"In the case of Tuanku Sultan Ibrahim, he loves the state. In the case of Dr Vida, it was a business decision but a bold one.
Nevertheless, it is a positive sign because corporate companies are coming in, and that shows there is a strong value for football in the country," he told reporters after chairing a UMNO Youth exco meeting at the Putra World Trade Centre, here today.
He hoped more corporate companies would come forward to support football as well as other sports.
Bernama
Mon Jan 11 2016
KHAIRY: In the case of Tuanku Sultan Ibrahim, he loves the state. In the case of Dr Vida, it was a business decision but a bold one. - Filepic
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This week’s launch of the National Anti-Corruption Strategy (NACS) 2024-2028 by Prime Minister Anwar Ibrahim is a concrete step for a national corruption suppression strategy.
Deriving from GDP estimates between 2018 and 2023, Malaysia has lost at least RM277 billion to corruption over the past five years alone.
This staggering figure highlights the economic and social impacts of graft, which could have been much better allocated towards key national development priorities.
Niaga Spotlight discusses strategic approaches for combatting corruption with Reinushini Chandrasegaram, Managing Director, RC Compliance Sdn Bhd.
Deriving from GDP estimates between 2018 and 2023, Malaysia has lost at least RM277 billion to corruption over the past five years alone.
This staggering figure highlights the economic and social impacts of graft, which could have been much better allocated towards key national development priorities.
Niaga Spotlight discusses strategic approaches for combatting corruption with Reinushini Chandrasegaram, Managing Director, RC Compliance Sdn Bhd.
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