Wednesday, October 1, 2025

SMC offers business opportunities to Tokyo boxing medalists

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SAN Miguel Corporation President Ramon S. Ang wished Tokyo Olympic medalists Eumir Marcial, Carlo Paalam and Nesthy Petecio the best when they gun for the Philippines’ first Olympic gold in boxing in the Paris Olympics three years from now, which marks the country’s 100th year of participation in the quadrennial meet.

Ang personally handed his P2 million incentive to Marcial for his bronze medal feat while Carlo Paalam and Nesthy Petecio received P5 million each for winning silver medals. Aside from the cash incentives, Ang said SMC will provide the three boxers with any SMC business of their choice that they can put up in their home provinces.

All three boxers are from Mindanao. Marcial is from Zamboanga City while Paalam and Petecio hail from Cagayan de Oro and Davao del Sur, respectively.

“At a time when our country is seeing the initial signs of hope to recover from the pandemic, our Olympic medalists continue to inspire us to do our best and rise above all difficulties. As we wish them further success in boxing in the coming Olympics and in Eumir’s case, his next professional bout, we also taking steps to further secure their future with the San Miguel businesses of their choice,” Ang said.

Ang said the country’s first Olympic gold, courtesy of weightlifter Hidilyn Diaz in the Tokyo Games, would serve to inspire the three Olympic boxers to vie for the gold in one of the Filipinos’ favorite sport, where Anthony Villanueva and Mansueto “Onyok” Velasco won silver medals in 1964 in Tokyo and 1996 in Atlanta, respectively.

Ang had earlier given Diaz her P10 million incentive.

Ang also sees Marcial, a middleweight who turned pro last year, as one of the brightest spots in Philippine boxing. Marcial beat American Andrew Whitfield in his professional debut last December before competing in Tokyo.

“Eumir’s first pro bout is impressive, considering that he turned pro and fought his first bout following a long layoff due to the pandemic. I see him reaching the greater heights like great boxers Flash Elorde and Manny Pacquiao, who have long been associated with San Miguel during and even after their professional careers,” Ang said.

San Miguel, a longtime supporter of Philippine sports, backed the Philippine team that won 149 gold medals, 117 silvers, and 121 bronzes in the 2019 Southeast Asian Games.

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