Connect with us

Hi, what are you looking for?

Tiebreaker Times

2020 Tokyo Olympics

Phoenix releases cash incentives plus free fuel to Diaz, boxing trio


Filipino Olympic medalists Hidilyn Diaz, Carlo Paalam, Nesthy Peticio, and Eumir Marcial received their cash and fuel incentives from Phoenix Petroleum on Wednesday at the Udenna Tower in BGC, Taguig.

The four Filipino athletes received these incentives from Phoenix Petroleum Senior Vice President Raymond Zorrilla who emphasized the company’s commitment to supporting Philippines sports.

“We at Phoenix believe in the power of sports, and its ability to instill important life lessons and values while bringing honor to a country. That’s why we have always supported Filipino athletes, especially through Siklab Atleta, whose dream to obtain our country’s first-ever Olympic gold medal has finally come true,” Zorrilla said.

“By giving these four Filipino athletes their well-deserved incentives, we hope that they continue to represent the Philippines excellently in their respective sports, and inspire more Filipinos to do the same.”

Through separate announcements, Phoenix, previously stated that, through Siklab Atleta, it will give the four Filipino athletes incentives for bringing home a medal from the Tokyo 2020 Olympics.

For winning the country’s first-ever gold medal, weightlifter Diaz received a P5-million cash incentive and free Phoenix fuel for life.

Paalam and Petecio, meanwhile, received a P3-million cash incentive each. Marcial, on the other hand, was awarded a P1-million cash incentive.

In recognition of the biggest Olympic medal haul that the four athletes brought to the country, Phoenix has also added free fuel for five years on top of the cash grants given to Paalam, Petecio, and Marcial.

#ReadMore  Eumir Marcial not closing doors on Olympic return
Written By


You May Also Like

2024 Summer Olympics

Despite falling short of securing her fifth consecutive Olympic appearance, Hidilyn Diaz, the celebrated Olympic weightlifting champion, asserts that she’s far from ready to...

2024 Summer Olympics

An Olympian will be attending her second straight Games later this year. Elreen Ando leapfrogged several weightlifters, including compatriot and Tokyo Olympics champion Hidilyn...

2024 Summer Olympics

Philippine Olympic Committee (POC) President Abraham “Bambol” Tolentino congratulated Nesthy Petecio and Aira Villegas for qualifying for the Paris Olympics and simultaneously encouraged other...

2024 Summer Olympics

A chance at redemption and a well-deserved debut. Nesthy Petecio and Aira Villegas secured their spots in the 2024 Summer Olympics in Paris later...

Boxing

A homecoming fight awaits Olympian boxer Eumir Marcial in Manila. Manny Pacquiao’s MP Promotions has officially confirmed that the 28-year-old Tokyo Olympics bronze medalist...

Basketball

Phoenix Super LPG played with an added push in its do-or-die duel versus Meralco in the PBA Season 48 Commissioner’s Cup quarterfinals, Sunday. Team...

Boxing

Retired eight-division world boxing champion Manny Pacquiao personally congratulated Paris Olympic-bound fighter Eumir Felix Marcial for winning a silver medal in the 19th Asian...

Basketball

Zamboanga Valientes are bringing the stars out for the return of the VisMin Super Cup. JR Quinahan, Summer Olympics bronze medalist Eumir Marcial, and...

Advertisement