As a mark of support for Filipino athletes and their bid for the upcoming 2024 Paris Olympics, San Miguel Corporation President Ramon Ang has awarded boxers and Tokyo Olympics medalists Carlo Paalam, Nesthy Petecio, and Eumir Marcial with cash incentives. 

Silver medallists Paalam and Petecio received Php 5 million each while bronze medalist Marcial was given Php 2 million by the Filipino tycoon, who hopes to see multiple gold medal performances from the three in the next Olympics three years from now. 

But apart from the cash incentives, Ang also promised the trio with any SMC business of their choice, which they can put up in their home cities in Mindanao. Paalam and Petecio hail from Cagayan de Oro and Davao del Sur, respectively, while Marcial is from Zamboanga City.

“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,” Ang shared.

“As we wish them further success in boxing in the coming Olympics and in Eumir’s case, his next professional bout, we also taking steps to further secure their future with the San Miguel businesses of their choice,” he added.

Earlier, Ang also awarded a Php 10 million incentive to weightlifter Hidilyn Diaz, who won the Philippines’ first gold in the Tokyo Olympics.

According to Ang, he sees great potential in Marcial. The 26-year-old boxer just turned pro last year and was able to triumph in his first outing as a professional boxer against American fighter Andrew Whitfield. 

This made him the first Filipino pro boxer to compete and win a medal in the Olympics.

“Eumir’s first bout is impressive, considering that he turned pro and fought his first pro bout following a long layoff due to the pandemic. I see him reaching the 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 explained.

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Image credit: San Miguel Corporation