The government's allocation of RM184 million in Budget 2024 to the sports industry saw a significant decline of 46.1% compared to the RM399 million allocated last year.
The youth and sports minister was echoing Chef de Mission Datuk Chong Kim Fatt’s statement yesterday who claimed that the financial factor plays a big role in the progress of sports by the great powers including overall champions China, Japan, South Korea and India.
The government will establish a sports industry centre of excellence in collaboration with selected higher education institutions to develop the sports industry.
A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate.
