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Olympics: Silver medalist Petecio to get condo, P17M in financial bonuses

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<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/afp/08/02/petecio.jpg"/><figcaption>Petecio celebrates with her silver medal at the Tokyo Olympics on Tuesday.<em> Luis Robayo, pool/AFP</em></figcaption></figure></div><h3>Free flights on PAL, AirAsia offered, too</h3><p>MANILA—Olympic silver-medalist Nesthy Petecio is assured P17 million in cash incentives for what the tough-punching Filipina boxer accomplished in Tokyo on Tuesday. </p><p>Petecio will get P5 million as mandated by Republic Act 10699 for runner-up finishers at the Olympics. </p><p>That is on top of the P5 million each pledged by corporate magnates Manny Pangilinan and Ramon Ang. Cong. Mikee Romero also promised P2 million for silver medalists. </p><p>Meanwhile, Philippine Airlines congratulated Petecio on her feat, and rewarded her 60,000 Mabuhay Miles lifetime, a distinction the company described as Forever Flyers. </p><p>“Your silver win showed the heart of a strong Filipina to the world!Thank you for making the country proud,” PAL said.</p><p>AirAsia Philippines said it will grant Petecio unlimited flights for 5 years. </p><p>Petecio is also set to receive a P10-million Suntrust condominium in Davao City from real estate tycoon Andrew Tan.</p><p>The residential condominium is at One Lakeshore Drive inside the 11.2-hectare Davao Park District in Lanang, Megaworld subsidiary Suntrust Properties Inc. said in a statement.</p><p>The community is &quot;just a little over an hour away&quot; from Petecio&#x27;s hometown in Sta. Cruz, Davao Del Sur, Suntrust said. </p><p>&quot;We are very proud of this huge accomplishment of Nesthy Petecio. Her silver medal in the Olympics is a historic one because this women&#x27;s featherweight division of boxing debuts only in this Tokyo Olympics and she is the first ever silver medalist in the category,&quot; Suntrust president Harrison Paltongan said.</p><p>&quot;Rightfully, she deserves the reward from our chairman, Dr. Andrew Tan, for the pride she gives to the Filipino nation.&quot;</p><p>The Tan-led Megaworld also gifted the first Filipino Olympic gold medalist Hidilyan Diaz with a P14-million condominium unit at Eastwood City.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/07/27/21/hidilyn-diaz-receive-p14-million-condo-megaworld">Olympian Hidilyn Diaz to receive P14-million condo unit from Megaworld</a></li>	<li><a href="https://news.abs-cbn.com/sports/08/03/21/tokyoolympics-nesthy-petecio-silver">Olympics: Gallant Petecio claims silver medal after loss to Japan&#x27;s Irie</a></li></ul><div><strong>RELATED VIDEO: </strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1736464" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>Petecio will get P5 million as mandated by Republic Act 10699 for runner-up finishers at the Olympics, besides millions more from private entities. </p>

Petecio will get P5 million as mandated by Republic Act 10699 for runner-up finishers at the Olympics, besides millions more from private entities.