Philippine Olympic Committee plans to launch a bid to host the summer Olympics in 2036.
"We will not back down and will continue to fight for the 2036 Olympics," Abraham Tolentino, president of POC said in a statement.
The Philippines is trying to become only the fourth Asian country to host the Games after Japan, China and South Korea.
Weightlifter Hidilyn Diaz made history Monday becoming the first athlete from the Philippines to win gold at the Olympics.
The 30-year-old set an Olympic record, lifting a combined weight of 224 kilograms, to clinch the top spot in the women's 55-kg class in Tokyo.
