Tag: DoubleDragon

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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.

Hotel101 taps $300M to fuel global expansion

DoubleDragon Corporation’s hospitality arm is ramping up its global expansion drive, with subsidiary Hotel101 Global Holdings Corp. advancing a planned US$300 million (about P18 billion) Series A perpetual preferred share offering in the United States.

Hotel101 brings condotel model to Melbourne

Hotel101 Global Holdings Corp., an asset-light, prop-tech hospitality platform and a subsidiary of listed DoubleDragon Corp., has signed definitive and binding agreements to develop a 766-room Hotel101 property in the heart of Melbourne’s central business district, marking a major milestone in its global expansion push.

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GSIS allots ₱12.62M emergency loan for Puerto Galera amid water shortage

The Government Service Insurance System has set aside ₱12.62 million in emergency loans for 485 qualified members and pensioners in Puerto Galera, Oriental Mindoro, which is under a state of calamity due to El Niño-driven dry conditions and water shortages. Eligible active members and old-age or disability pensioners may borrow up to ₱20,000, or up to ₱40,000 to settle existing emergency loans while keeping a net release of ₱20,000. Loans come with a 6 percent annual interest rate, 36-month repayment term, no processing fees, loan redemption insurance, and a two-month grace period for the first payment. Applications will be accepted via the GSIS Touch app until July 24, 2026.

BSP outlines new “rainy day” safety net rules for banks

The Bangko Sentral ng Pilipinas (BSP) met with local financial institutions on June 25, 2026, to discuss a key safety measure designed to keep the country's banking system stable during tough economic times.

Jollibee eyes Wall Street after Hotel101 blazed a trail

Jollibee Foods Corp. is preparing its biggest leap yet by exploring a New York listing for its international business. This move could give the Filipino restaurant giant greater firepower to accelerate global expansion and mark another Wall Street milestone for founder Tony Tan Caktiong.

Government eyes  P4.5T from strategic investment plan

The government is setting a more ambitious investment agenda with the upcoming Strategic Investment Priority Plan (SIPP), targeting P4.5 trillion in investment approvals over the next three years as it seeks to accelerate industrialization and help the Board of Investments (BOI) achieve its P1-trillion approval goal for 2026.

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