00:00The Philippine Sports Commission has taken a new step to ensure better support for the country's athletes and coaches.
00:07Following the 5,000 peso increase in their allowances effective this month,
00:11the PSC has partnered with one of the top digital banks in the Philippines.
00:17Through a Memorandum of Understanding signed on August 1st,
00:20a cashless and automated system for providing financial benefits to national athletes and coaches will be implemented.
00:26This aims to facilitate the process and ensure transparency in securing transactions.
00:32This initiative also allows Filipino athletes to have more time to focus on training and competition.