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☆ He won gold for the Philippines. Then the gifts started pouring in — including a $600,000 condo and a lifetime supply of ramen.
▼ + stars: | 2024-08-07 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

These freebies are in addition to the Philippine House of Representatives' cash incentive of 3 million Philippine pesos granted to all gold medalists. In the US, gold medalists take home $37,500. Hong Kong — which offers the highest bonus — awards 6 million Hong Kong dollars, or about $768,000, to its gold medalists, per CNBC. AdvertisementCorrection: August 7, 2024 — An earlier version of this story misdescribed Hong Kong. It's 6 million Hong Kong dollars, not 600,000 Hong Kong dollars.

Persons: —, Carlos Yulo, freebies, Yulo, Megaworld, Virgil Lo, Bucket, Marcus Luer, Luer, James Crane, Buchwald, Joseph Schooling, Nestlé's Milo, Yakult, Hugo Boss, it's Organizations: Service, Olympics, Paris, McKinley, Business, Apollo Home Depot, Philippine, Hong, CNBC, Total Sports Asia, Olympic Games Locations: Megaworld, Taguig, Manila, Hong Kong, Singapore, Philippines, China

☆ 24-year-old gold medal gymnast from the Philippines to be awarded a condo valued at $414,046, cash prizes and more
▼ + stars: | 2024-08-05 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Philippines gymnast Carlos E. Yulo didn't just win a gold medal at this summer's Olympic Games, he's also won a fully furnished two-bedroom apartment. The 24-year-old gymnast made history as the first male Olympic gold medalist in the history of the Philippines when he won the top prize for his floor exercise on August 3. The following day, he earned a second gold medal for his vault routine. Hidilyn Diaz won the country's first-ever gold medal at the Tokyo 2020 Olympic Games in 2021 for weightlifting. McKinley Hill is the largest condo development in the city of Taguig and is valued at 24,000,000 Philippine pesos or $414,046 USD.

Persons: Carlos E, Yulo didn't, he's, Hidilyn Diaz, Megaworld, McKinley Hill, Lourdes T, Gutierrez, Alfonso Organizations: Paris, Olympic Games, Philippine Locations: Philippines, Tokyo, McKinley Hill, Yulo, Taguig, McKinley, Fort Bonifacio

To help address that, Tokyo in April said it would offer like-minded countries military aid, including radars, that the officials said would help the Philippines plug defensive gaps. One, however, said the aid effort was a Japanese initiative and not anything the United States had pressed for. The Philippines Department of Foreign Affairs said it was not immediately able to comment on security aid from Japan or hosting Japanese troops. LOOSENING THE RULESThe scope of Japanese military aid is limited by a self-imposed ban on lethal equipment exports. But he said Japan and the United States are treading carefully in trilateral talks with the Philippines.

Persons: Read, Fumio, Katsutoshi Kawano, Joe Biden's, Jake Sullivan, Takeo Akiba, Eduardo Ano, Fumio Kishida, Volodymyr Zelenskiy, Kishida, Kawano, Ferdinand Marcos Jr, Marcos, Yusuke Ishihara, Tim Kelly, Sakura Murakami, Yukiko Toyoda, Neil Jerome Morales, Gerry Doyle Organizations: U.S, Marines, Warriors, Philippine Marine Corps, Japanese, Reuters, Washington, Japan's Ministry of Foreign Affairs, The Philippines Department of Foreign Affairs, Ukraine, Group, Seven, Self - Defence Forces, Staff, Japan's National Institute for Defense Studies, Thomson Locations: Philippine, Japan, South Korea, ”, Taguig City, Metro Manila, Philippines, TOKYO, Indonesia, Taiwan, Ukraine, East Asia, Tokyo, Pacific, China, Japanese, United States, Kyiv, Manila, Yonaguni, Britain, Australia

☆ High Philippine inflation dents Marcos' approval ratings
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] Philippines President Ferdinand "Bongbong" Marcos Jr. delivers a speech on the 126th founding anniversary of the Philippines army at Fort Bonifacio, in Taguig, Philippines, March 22, 2023. REUTERS/Eloisa Lopez/File PhotoMANILA, April 12 (Reuters) - Philippine President Ferdinand Marcos Jr's approval ratings edged lower due to public dissatisfaction over his government's handling of inflation, but he remains popular, an opinion poll showed on Wednesday. Marcos' approval ratings were slightly lower than the 83% that his vice president, Sara Duterte, got in March. Duterte, daughter of former president Rodrigo Duterte, currently serves as education minister, while Marcos helms the agriculture department. In the same survey, 61% percent of respondents approved of Marcos' government in terms of "defending the integrity of Philippine territory against foreigners", up from 58% in November.

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