A grand homecoming celebration is set for Carlos Yulo, the Philippines’ double gold medalist at the Paris Olympics, as he and the rest of the Philippine delegation return to Manila on Tuesday afternoon.
President Ferdinand R. Marcos Jr. will personally honor Yulo, along with the other Filipino Olympians, in a special ceremony at Malacañan Palace immediately following their arrival via a chartered flight at Villamor Air Base, Pasay City.
Yulo, 24, made history by winning two gold medals in the artistic gymnastics competitions—triumphing in both the floor exercise and vault events. In recognition of his outstanding achievements, President Marcos will present Yulo and his fellow athletes with well-deserved incentives.
Yulo will receive a total of P20 million in cash rewards from the government and millions more in pledges from the private sector. His Olympic success marks a significant milestone for Philippine sports, coming three years after Hidilyn Diaz secured the country’s first-ever Olympic gold medal at the 2020 Tokyo Olympics.
In addition to Yulo, bronze medalists Aira Villegas and Nesthy Petecio, who reached the semifinals in women’s boxing, will each be awarded P2 million for their performances.
The following day, the Olympic medalists will be honored with a victory parade starting from the Philippine International Convention Center (PICC).
After the Malacañan Palace visit, Yulo will proceed to the Hilton Hotel at Resorts World Manila, where Megaworld Corporation will present him with the keys to a luxurious three-bedroom, fully furnished unit in one of its premier residential properties at McKinley Hill, valued at P32 million.
The property development company will also gift Yulo a special cash bonus of P3 million in recognition of his historic achievements.
