Sinulog Foundation to give P1M as grand prize for 2012

BIGGER prizes await the winners of next year’s Sinulog celebration.

Sinulog Foundation Inc. (SFI) executive director Ricky Ballesteros yesterday said they have doubled the prize for the grand winners during the Sinulog’s grand parade.

Based on their budget for Sinulog 2012, Balles-teros said they have increased from P500,000 this year to P1 million next year the prizes for the grand winners.

SFI have also increased the subsidy for the out-of-town contingents, from P100,000 this year to P150,000 next year.

Ballesteros has since been pushing for the increase of the subsidy and the prizes for the Sinulog it has not been increased for the past years. (Read more)