Corporate

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.

As the working day drew to a close Friday...

Cebu Pacific (CEB), the country's largest carrier, has successfully renewed its IATA Operational Safety Audit (IOSA) registration—its first under the enhanced, data-driven risk-based IOSA program introduced by the International Air Transport Association (IATA).