• Hijacked plane forced to land at Bali airport, says report

    A hijacked Virgin Blue flight has landed at Indonesia's Bali airport, according to Reuters quoting Indonesia's Metro TV. MORE TO COME]]> …

  • Obama to meet Bersih, Islamic Front leaders
    Obama to meet Bersih, Islamic Front leaders

    United States President Barack Obama will meet with leaders of Malaysian civil society movements, including those from the Coalition for Free and Fair Elections (Bersih), Islamic Renaissance Front and the Bar Council during his visit to Kuala Lumpur this weekend. …

  • Two criminal systems already exist, Gerakan told

    PAS legal bureau chairperson Mohamed Hanipa Maidin was responding to Gerakan's legal notice yesterday to challenge the former's intention to submit a Bill in Parliament to implement hudud law in Kelantan. "Gerakan's allegation outlined in the notice to PAS, that implementing hudud would result in the existence of two systems of criminal justice in the country is, with due respect, an allegation that is rash and baseless. Hanipa ( right ) said "for Gerakan's information", two criminal justice …

  • Selangor set to end water rationing next week

    The Selangor menteri besar expects to lift water rationing for the state and Kuala Lumpur by next week if current efforts to pump fresh water from mining ponds continue to prove successful. "We can declare the rationing discontinued next week if these conditions prevail," MB Abdul Khalid Ibrahim told a press conference in Klang today. He said as of today, eight pumps were drawing 400 million litres per day (MLD) of fresh water from alternative sources to help fill the drying Sungai Selangor …

  • 'Court decision on PAA a victory for all Malaysians'

    Human rights defenders welcomed the Court of Appeal's landmark decision which ruled Section 9(5) of the Peaceful Assembly Act 2012 (PAA), punishing citizens who do not give 10 days' notice before they hold an assembly, to be unconstitutional, but cautioned that there were still some more kinks to be ironed out. Lawyers for Liberty executive director Eric Paulsen said that given the Court of Appeal's decision, those previously charged in lower courts over the Black505 rally and other …

  • Water price to go up 20% in Penang
    Water price to go up 20% in Penang

    Penangites can expect to pay 20% more for water under new tariff rates proposed by the state’s water operator. However, PBA Holdings Bhd chief executive officer Jaseni Maidinsa said despite the 20% increase for domestic consumers and 18.8% for trade consumers, the rates remain the lowest in the country. He said the proposed average domestic... …

YOGYAKARTA, Dec 14 (Bernama) -- Calling on Asean to realise the potential of

sports in a region of 600 million, slightly less than 10 per cent of the world

population, Malaysia has proposed that 2013 be the Asean Sports Industry Year.

The proposal, presented at the first Asean Ministerial Meeting on Sports

(AMMS) here, was accepted and will be followed up at the second AMMS Senior

Official Meeting (SOM) in Kuala Lumpur next year.

In presenting the proposal, Youth and Sports Minister Datuk Seri Ahmad

Shabery Cheek cited the immense demand by the Asean population for the sports

industry to grow as a big business.

"PriceWaterhouseCoopers estimates the global sports industry will be worth

US$133 billion in 2013. We can and should exploit this opportunity in what is

relatively an untapped market for Asean,” he said, addressing at the meeting at

this old capital of Indonesia Wednesday.

Ahmad Shabery said the proposal would be further discussed at the second SOM

of AMMS in Malaysia next year, when a plan will be devised for the Sports

Industry in Asean to contribute to and maximise the benefits of formation of the

Asean Community in 2015.



The minister was optimistic that the sports industry will benefit Asean, as

Europe has benefited since the formation of the European Community in 1993, when

the free movement of trade within the area accelerated the growth of their

sports industry.

"In football today, UEFA made US$1.83 billion in 2010 while FIFA registered

a lower revenue of US$1.28 billion. In short, UEFA made 42 percent more income

than even the world''s governing body," he said.

The formation of the European Community, he said, has unlocked valuable

commercial opportunities within sports through an open market, allowing larger

cross-border transactions in sponsorships, player transfers, licensing and

merchandising; an increase in gate receipts; sports tourism; and broader

distribution of television content.

It has also allowed for the growth of support services such as sports

medicine, sports marketing, sports-related courses, legal advice on intellectual

property, venue management, event management, sports administration, playing

turf experts, and many more.

The key to a successful and sustainable eco-system in sport is the tandem

effect of an exciting league with compelling broadcasting content, which forms

the business model of successful professional sports systems, from the National

Football League or NFL in the United States to the Barclays Premier League in

the United Kingdom.



"Sky Television in the United Kingdom has been heavily dependent on the

English Premier League since its inception in 1992. In the first five years, 304

million pounds was paid by Sky to the Barclays Premier League.

"The latest television-rights package for three years was bought for 1.78

billion pounds. Generally, television rights represent about 40 percent of a

professional clubs total income," he said.

In Asean, Ahmad Shabery said, a similar successful model can be seen in the

AFF Suzuki Cup, which has generated the highest television viewership in the

Asean region.

"This demonstrates how the strong, friendly rivalry between Asean nations

can be converted into financial gains in sport. Do or die, we will get behind

our respective nations when it comes to sport," he said.

Another proposal by Malaysia accepted at the meeting was the development of

human capital and volunteerism in sports within Asean, a move toward providing

the necessary support to solidify the base that makes up the sports industry.

"Human-capital development is not only limited to sports studies, but also

to provide highly competent expertise in the areas of law, finance,

broadcasting, marketing, public relations and journalism tailoring to sports

needs," he said.

Malaysia, he said, will accommodate volunteers from all Asean countries when

it plays host to the AFF Suzuki Cup next year and he hopes Myanmar will do the

same for the SEA Games.



Follow @YahooMalaysia on LINE for daily news updates.

Comments on Yahoo pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo is not responsible or liable in any way for comments posted by its users. Yahoo does not in any way endorse or support comments made by its users.

  • 'Smaller' size keeps women loyal to men: Study IANS

    A team of researchers from the US and Kenya found that there was a strange link between the size of the penis and infidelity in a marriage. Contrary to what many men may assume, they found that men with bigger penises are more likely to have wives who cheat on them. …

  • In Disney's shadow, homeless families struggle Associated Press
    In Disney's shadow, homeless families struggle

    KISSIMMEE, Fla. (AP) — When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell short of what they needed to rent an apartment, so the couple and their two children have instead been hopping among cheap motel rooms along U.S. 192. …

  • My last moments with Pa: Ramkarpal Singh The Malaysian Insider
    My last moments with Pa: Ramkarpal Singh

    A week after the tragic crash that took the lives of veteran lawyer and politician Karpal Singh and his personal aide, Michael Cornelius, his son Ramkarpal recounts the final hours with his father that fateful day. This is his story, as told to V. Anbalagan, assistant news editor. “My parents (Karpal and Gurmit) had gone to Pantai Hospital... …