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  • 10/26/2023
After a historic Asian Games run by national team stars, President Ferdinand Marcos Jr. doubles the cash incentive of the Filipino medalists.

Full story: https://www.rappler.com/sports/marcos-doubles-asian-games-cash-bonus-gilas-pilipinas-players-million-each-2023/
Transcript
00:00 After a historic Asian Games run by national team stars, President Ferdinand Marcos Jr.
00:06 doubles the cash incentive of the Filipino medalists.
00:09 Pole vault standout EJ Obiana and Jiu-Jitsu fighters Meggy Ochoa and Annie Ramirez receive
00:14 a cash bonus of P4 million each.
00:17 The three were the individual Filipino gold medalists in the Continental Tournament.
00:21 Meantime, each Guilas Pilipinas member receives P1 million.
00:26 The squad was the only Philippine team to capture a gold, which ended a 61-year gold
00:30 medal drought in men's basketball.
00:33 Republic Act 10699 or the National Athletes and Coaches Benefits and Incentives Act says,
00:39 a reward of P2 million will be given to individual gold medalists in the Asian Games and P500,000
00:45 to each player of a champion team.
00:46 [Music]

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