Asia

Rugby World Cup Sevens champions Wales has announced a bid to host the event in 2018.

In 2012, the number of tourists visiting Malaysia rose to more than 25 million, a year-on-year increase of four per cent.

Bringing major international sport to the region has played a central role in the country's tourism strategy, and the hosting of events such as Formula One and MotoGP grands prix and ATP (Association of Tennis Professionals) and WTA (Women's Tennis Association) tournaments has made Malaysia an important destination for rights-holders looking to establish a presence on the Asian continent.

In an exclusive interview with SportBusiness Group editorial director Kevin Roberts at the 2013 SportAccord International Convention in St. Petersburg, Tony Nagamaiah, general manager of Malaysia Major Events, explains the country's ambitions to become the premier destination for international sports events in Asia.

World number two golfer Rory McIlroy is set to gain a reported €2 million through the sale of luxury yacht business Sunseeker, which McIlroy has a stake in.

The BCCI (Board for Control of Cricket in India) has suspended Rajasthan Royals co-owner Raj Kundra after alleged charges of spot-fixing during six IPL (Indian Premier League) matches.

Hong Kong will be the likely hosts of the new International Premier Tennis League (IPTL), according to the competition’s creator.

Thai capital Bangkok has taken a blow in its bid to host motor racing competitions, following comments by the tourism and sports minister that he stands by a new racing ban law.

Police investigating allegations of spot-fixing in the Indian Premier League (IPL) cricket tournament have reportedly seized the passport of Rajasthan Royals team owner Raj Kundra.

Pakistan has been awarded the hosting rights for the 2015 Squash World Cup by the Asian Squash Federation.

The Indian Professional Football Clubs Association (IPFCA) has boycotted the proposed tournament to be organised by IMG Reliance and hit out against the All India Football Federation (AIFF)’s move to restructure its I-League.

Bangladesh batsman and former captain Mohammad Ashraful has admitted to fixing cricket games and has asked for forgiveness after the Bangladesh Cricket Board (BCB) suspended him.

Chief executive of the Professional Golfers’ Association (PGA)'s European Tour, George O'Grady, has urged all stakeholders in the sport to learn from China and the way the country is making golf more accessible.

The United Arab Emirates is reportedly planning to bid for this year’s Italian Super Cup against rival bidding hosts China.

Inter Milan president Massimo Moratti is reportedly prepared to sell a stake in the Serie A club to Indonesian billionaire Erick Thohir, according to Italian media.

Two top Board of Control for Cricket in India (BCCI) officials, honorary secretary Sanjay Jagdale and treasurer Ajay Shirke, have resigned from their posts in the wake of the Indian Premier League (IPL) spot-fixing and betting scandals.

Dialog Axiata has sealed a three-year deal with Sri Lanka Cricket, representing the country’s biggest sponsorship deal, according to the Daily Financial Times newspaper.

India is likely to host the International Table Tennis Federation (ITTF)’s 2015 World Team Cup event, according to a senior Indian official.