Industry News

Hidilyn Diaz receives her P5-M and free-fuel-for-life incentive from Phoenix

Nesthy Petecio, Eumir Marcial, and Carlo Paalam also get their incentives
PHOTO: Spin.ph

Phoenix Petroleum and Siklab Atleta Foundation have formally handed over to Hidilyn Diaz her P5 million and free fuel for life as incentives for winning the gold medal in the 2020 Tokyo Olympic Games.

Diaz accepted the incentives at the Udenna Tower from Phoenix senior vice president for external affairs Raymond Zorilla.

Silver medalist Nesthy Petecio and bronze medalist Eumir Marcial also received their incentives of P3 million and P1 million, respectively. Carlo Paalam was not able to personally receive his P3 million as he is now back home in Cagayan de Oro.

Siklab Atleta is a sports foundation formed by Phoenix chief Dennis Uy in 2018. Its main goal then was to help the country win its first-ever gold medal in the Olympics.

The four medalists recently received their cash incentives from the government as per Republic Act No. 10699 during a courtesy call at Malacañang with President Duterte.

NOTE: This article first appeared on Spin.ph. Minor edits have been made.

See Also

PHOTO: Spin.ph
  • TGP Rating:
    /20

    Starts at ₱

    TGP Rating:
    /20
    Starts at ₱