Filipino Olympic boxing medalists given San Miguel businesses

Rewards continue to pour in for Filipino Olympic boxing medalists Nesthy Petecio, Carlo Paalam, and Eumir Marcial.

San Miguel Corporation will provide the three boxers any SMC business of their choice on top of the cash incentives they received from the company.

Petecio and Paalam pocketed P5 million each from San Miguel for winning silver medals in the Tokyo Games, while Marcial earned P2 million for capturing a bronze medal.

“At a time when our country is seeing the initial signs of hope to recover from the pandemic, our Olympic medalists continue to inspire us to do our best and rise above all difficulties,” said San Miguel president Ramon Ang, who personally handed the cash incentives to the boxing trio.

“As we wish them further success in boxing in the coming Olympics… we [are] also taking steps to further secure their future with the San Miguel businesses of their choice.”

San Miguel earlier gave weightlifter Hidilyn Diaz, the Philippines’ first Olympic gold medalist, her P10 million bonus.

Ang also hoped for the best for Marcial, who will now turn his attention to his professional boxing career.

Prior to the Olympics, Marcial turned pro and beat American Andrew Whitfield via unanimous decision in his debut.

“I see him reaching greater heights like great boxers Flash Elorde and Manny Pacquiao, who have long been associated with San Miguel during and even after their professional careers,” Ang said.

“If he becomes a champion in his division in the coming years and also wins a gold medal in the Paris Olympics in 2024, then he will have the unique distinction of being the first one to do so.” – Rappler.com