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SEA Games: Additional cash incentives for medalists

By Kristel Satumbaga

The government, through the Philippine Sports Commission, will hand out additional cash incentives for Filipino medalists in the 30th Southeast Asian Games.

A man holds the medals that will be given to the winners of the 30th SEA Games Philippines where a symbol of “Layag” or sail is encrusted on to symbolize the relationship of the Philippines with its ASEAN neighbors through galleon trade since the early days of the barter system of the country. The medals were designed by filipino artist Daniel Dela Cruz. (MB Photo / Alvin Kasiban)

A man holds the medals that will be given to the winners of the 30th SEA Games Philippines where a symbol of “Layag” or sail is encrusted on to symbolize the relationship of the Philippines with its ASEAN neighbors through galleon trade since the early days of the barter system of the country. The medals were designed by Filipino artist Daniel Dela Cruz. (MB Photo / Alvin Kasiban)

Gold medalists will get P250,000, silver winners will receive P150,000, and bronze medalists will get P100,000 additional bonuses following the country’s impressive performance in the biennial meet.

Under Republic Act 10699 or the National Incentives Act, athletes will automatically get P300,000, P150,000 and P60,000 for every gold medal they win in the SEA Games.

The PH delegation already captured the overall championship for the first time since the country’s hosting in 2005 with an all-time best medal production. At press time, the Filipinos have won 140 gold, 104 silver and 107 bronze medals.

The awarding of incentives is scheduled on Dec. 18 at the MalacaƱang

Source: Manila Bulletin

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