{
    "success": true,
    "data": {
        "id": 1538931,
        "msgid": "asian-games-organizers-ink-12-million-contracts-1447893297",
        "date": "1997-05-03 00:00:00",
        "title": "Asian Games organizers ink $12-million contracts",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Asian Games organizers ink $12-million contracts BANGKOK (AFP): The organizers of the 1998 Asian Games in Bangkok signed sponsorship and licensing contracts worth US$12 million yesterday, putting two weeks of turmoil within the organizing committee behind them. Japan's Toyota Motor Corp signed a $6 million sponsorship deal, while Football Thailand signed another agreement for the same amount covering merchandising and licensing for the 36- country games.",
        "content": "<p>Asian Games organizers ink $12-million contracts<\/p>\n<p>BANGKOK (AFP): The organizers of the 1998 Asian Games in<br>\nBangkok signed sponsorship and licensing contracts worth US$12<br>\nmillion yesterday, putting two weeks of turmoil within the<br>\norganizing committee behind them.<\/p>\n<p>Japan's Toyota Motor Corp signed a $6 million sponsorship<br>\ndeal, while Football Thailand signed another agreement for the<br>\nsame amount covering merchandising and licensing for the 36-<br>\ncountry games.<\/p>\n<p>\"We are delighted to welcome on board these two great Asian<br>\ncompanies and are thrilled that they are showing their commitment<br>\nto the future of Asian sports,\" said Olympic Council of Asia<br>\n(OCA) director Abdul Muttaleb Ahmed.<\/p>\n<p>Yesterday's deals come after earlier agreements worth $25<br>\nmillion with South Korean electrical giant Samsung, brewers<br>\nCarlsberg and Japan's Otsuka Pharmaceuticals.<\/p>\n<p>Asian Games insiders said another two major sponsorship deals<br>\nwith Taiwan computer firm Acer Inc and Swiss Timing are expected<br>\nin the next two months.<\/p>\n<p>\"In all we are confident of ... (having) confirmed sponsorship<br>\nsales of $80 million of total revenues,\" Ahmed said.<\/p>\n<p>News of the deals came after the restructuring of the Bangkok<br>\nAsian Games Organizing Committee, after an OCA fact-finding<br>\nmission in March which roundly criticized preparations for the<br>\n7,500-athlete competition.<\/p>\n<p>The chairman of the Bangkok committee and deputy premier<br>\nSukavich Rangsitpol, responded by sacking his top official,<br>\nCharuek Arirajkaran, on April 18.<\/p>\n<p>Ahmed said the furor over Charuek's sacking would not affect<br>\nthe games.<\/p>\n<p>\"From the outside, the press coverage looks poor but we take<br>\nit as a very positive sign that important changes are being made<br>\nwhich will make these the best games of the century,\" he said.<\/p>\n<p>The OCA has scheduled monthly checkups of the Bangkok<br>\ncommittee's preparations by Ahmed and Chinese Olympic boss Wei<br>\nJizhong, with the next meeting to be on June 2.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/asian-games-organizers-ink-12-million-contracts-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}