Cabinet paper to establish sports industry sector to be presented within a month

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Bernama News

Business Business Latest News,Business Business Headlines

KOTA KINABALU: The cabinet paper regarding efforts to establish the sports industry sector is expected to be presented to the Cabinet within a month, ...

: The cabinet paper regarding efforts to establish the sports industry sector is expected to be presented to the Cabinet within a month, says Minister of Youth and Sports Hannah Yeoh.

According to her, the scope includes sports medicine, supplements, insurance, gym operators and sports facilities, organising sports activities and conferences and various other sports-related activities that have the potential to increase the country’s income. “We have been working with DOSM before this but the data is all about the retail value that comes through sports, when there are sports events organised, we look at how much is spent but we want more than that scope, so we hope the sports industry sector achieves our aspirations,“ she said.

Hannah said that with more comprehensive data involving the sports industry sector, her ministry would be able to better stimulate the growth of sports in the country by bringing in more funds and investments into the industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines