Wednesday, 11 August 2021




Southeast Asian medallists at the Tokyo Olympics are receiving lavish rewards for their accomplishments, in addition to a hero's welcome when they return home.


Philippine weightlifter Hidilyn Diaz, who won her country's first-ever Olympic gold medal, will receive one or more homes and other prizes, on top of cash payments much larger than the official prize money on offer.


The historic achievement put an end to the Philippines' Olympic gold medal drought, which stretches back to when the country first competed in the Games around 100 years ago.


The government is offering a cash award of 10 million Philippine pesos to gold medallists.


But Diaz is expected to be paid 33 million pesos or more, as Filipino businessman Manual Pangilinan and others have offered donations to her, according to announcements by local companies and media reports.


There are other prizes coming soon, including homes and cars.


On Tuesday, a property developer affiliated with Alliance Global Group, led by  real estate tycoon Andrew Tan, offered Diaz a condominium, valued at 14 million pesos, in Metropolitan Manila.


Chinese automaker Beiqi Foton Motor said it will provide her with a 13-seat van for family trips.


Philippine President Rodrigo Duterte has ploedged to pay Diaz 3 million pesos out of his own pocket and provide the weightlifter a furnished house and a land lot in her hometown in southern Mindanao.


This is an about-face for Duterte, whose administration in 2019 labelled Diaz a person who could undermine trust in the government.


Congratulating Diaz on her achievement at the Tokyo Games, Duterte urged her to "let bygones be bygones."


In Thailand, Panipak WOngpattanakit, who became the kingdom's first Olympic gold medallist in Taekwondo, was appointed sports and tourism ambassador by the government on Wednesday.


Local media described Panipak, who knelt down to express thanks to her father after returning home, as receiving a hero's reception.


Panipak will be awarded nearly 20 million bath in total from the government's National Sports Development Fund and other sources, according to the English-language daily Bangkok Post.


Indonesia will pay three weightlifters for winning silver and bronze medals, including silver medallists Eko Yuli Irawan.


The cash prizes - set at 5 billion rupiah for a gold medal, 2 billion rupiah for a silver and 1 billion rupiah for a bronze - are extremely lavish considering the average Indonesian earns a monthly income of a few hundred dollars.


The amount of cash prizes awarded to Olympic medallists varies widely from country to country.


Singapore pays gold medallists S$1 million.


Swimmer Joseph Schooling won the men's 100-meter butterfly at the 2016 Olympics in Rio de Janeiro, claiming Singapore's first-ever gold medal.


Because Southeast Asian athletes win relatively few medals, countries in the region tend to offer them huge monetary awards to promote sports.


This offers athletes a rare opportunity to reap a financial reward from their sports.


Many, like the Philippies' Diaz, struggle to make ends meet while training for the Olympic.


The Japan Olympic Committee, on the other hand, awards a relatively modest Yen 5 million to gold medal winners. 



@ Jackie San 



  2. I have read Your Article and Learn a lot from it. I can Imagine the time it took to get all this expertise exposed . You can also look here to see where to easily get a HIGH QUALITY BANK STATEMENTS FOR MORTGAGE I've bookmark your site and furthermore include RSS. keep us refreshed all the time.


Featured post

Teknik Menyembur Racun Sebetulnya >>> LIHAT LEBIH BANYAK VIDEO DI SINI <<<