Filipino Gymnast Carlos Yulo Honored with Numerous Rewards Following Double Olympic Gold
In August 2024, Filipino gymnast Carlos Yulo made history at the Paris Olympics by securing two gold medals in artistic gymnastics, triumphing in both the floor exercise and vault events. These victories marked him as the first Filipino male gymnast to achieve such a feat and only the second Filipino athlete to win Olympic gold, following weightlifter Hidilyn Diaz's success in 2020.
Yulo's outstanding performance led to an outpouring of support and recognition from both the government and private sector in the Philippines. The government announced a reward of 6 million pesos (approximately £81,319 or $103,676) and a congressional medal to honor his achievements. Additionally, under a law providing incentives to athletes, Yulo is set to receive 10 million pesos.
The private sector also celebrated Yulo's accomplishments with various gifts. A fully furnished three-bedroom unit valued at 32 million pesos (around £433,444 or $552,802) in Taguig City, Metro Manila, was among the notable rewards. Various businesses offered lifetime supplies of products, including buffets, baked mac and cheese, and chicken inasal—a popular grilled chicken dish. Other offers included free car accessories, photographic services, phone cases, medical consultations, and brand ambassadorship contracts.
The nationwide celebration extended to individuals sharing Yulo's name, with several establishments offering free meals or services to anyone named Carlos, Caloy (Yulo's nickname), or Edriel (his middle name).
Yulo's historic achievements have not only elevated his status as a national hero but have also inspired a wave of generosity and pride throughout the Philippines. His dedication and success have brought significant honor to the nation, highlighting the potential of Filipino athletes on the world stage.
Market Philippines - News Service
Market Philippines: Empowering small and medium-sized businesses with enhanced digital visibility. Our platform offers tailored solutions to boost your online presence, connecting you with customers in the ever-evolving digital landscape. Let us help you thrive in the competitive market.