Context Dispatch

DoubleDragon Corp. founders Tony Tan Caktiong and Edgar “Injap” Sia II led Hotel101 Global executives in ringing the Nasdaq opening bell in New York, marking a major step toward the Filipino company’s anticipated public listing. This follows the U.S. SEC’s June 2 approval of the registration statement for Hotel101 Global’s planned merger with Nasdaq-listed JVSPAC Acquisition Corp., a Hong Kong-based SPAC formed in 2021. The move signals the global ambitions of the Hotel101 brand, known for its standardized hotel concept. “This moment is for every Filipino who dares to dream big,” said Hotel101 Global CEO Hannah Yulo-Luccini at the ceremony.

Finance Secretary Ralph G. Recto has approved the donation of 1,251.68 liters of confiscated gasoline to the Philippine Coast Guard (PCG), reinforcing efforts to secure the country’s maritime borders and combat fuel smuggling.

The Philippine General Hospital (PGH) has officially broken ground on its newest facility — a 16-story Pediatric and Adult Specialty Center — in a major push to expand access to specialized healthcare for Filipinos.

Naga City, Pasig City, and Cauayan in Isabela have been named global finalists in the 2025 Bloomberg Mayors Challenge. They join 47 other cities worldwide selected for ideas that aim to improve how local governments serve their people.

Congressman-elect Leandro Legarda Leviste has entered into agreements to divest most of his shares in SP New Energy Corporation (SPNEC) before assuming office on June 30, 2025.