Tag: DoubleDragon

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Madrid operations spur Hotel101’s global ambitions

Hotel101-Madrid has hit full occupancy again, underscoring the growing appeal of DoubleDragon Corp.’s ambitious bid to export a homegrown Filipino hotel brand to the world.

MerryMart board clears delisting, tender offer

MerryMart Consumer Corp. is set to leave the stock market as parent group DoubleDragon Corporation moves to fully absorb the retailer in a consolidation play that underscores the growing push among Philippine conglomerates to streamline operations, unlock synergies and scale faster. 

DoubleDragon pivots as overseas revenues fuel growth

DoubleDragon Corp. posted record revenues of P27.91 billion in 2025, up 56 percent from P17.86 billion a year earlier, as fresh contributions from its overseas operations began reshaping the company’s earnings profile.

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

DoubleDragon expands empire with MerryMart takeover

DoubleDragon Corp. is moving ahead with its takeover of MerryMart Consumer Corp. after securing regulatory clearance, tightening its hold on the retail sector as it accelerates its transition into a diversified investment holding company.

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BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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