Tag: DoubleDragon

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DoubleDragon income soars, Hotel101 lists on Nasdaq

DoubleDragon Corp., a listed property developer, posted a P2.37 billion consolidated net income for the first half of the year, a 44 percent increase year-on-year, backed by robust property revenues and strategic expansion. 

DoubleDragon reaches 1.5M gross floor area mark

DoubleDragon Corp., a listed property developer, said its gross floor area reached 1.5 million square meters with the completion of its fully pre-leased 5-hectare CentralHub warehouse complex in Cebu.

Hotel101 Global debuts on Nasdaq July 1

DoubleDragon Corp.—the brainchild of Jollibee’s Tony Tan Caktiong and Mang Inasal pioneer Injap Sia—said Tuesday that its subsidiary, Hotel101 Global, will begin trading on the Nasdaq under the ticker symbol “HBNB” starting July 1 (evening Manila time).

Hotel101, Horizon in 10,000 Saudi hotel room development deal valued at USD2.5B

Hotel101 Global, the hotel development unit of listed DoubleDragon Corp., said it entered the Saudi Arabian market through a landmark joint venture with Horizon Group that aims to develop of 10,000 standardized hotel rooms valued at approximately USD2.5 billion.

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Ayala holds earnings, trims capex amid uncertainty  

Diversified investment holding company Ayala Corp. is reassessing its capital expenditure program for the year as global macroeconomic volatility forces a more cautious investment stance, though the conglomerate is keeping its earnings targets unchanged for now, according to president and CEO Cezar P. Consing.

DA prepares for possible strong El Niño in late 2026

The Department of Agriculture (DA) is preparing for a possible moderate to strong El Niño later in 2026, warning it could reduce farm output, cut farmers’ incomes, and slow economic growth.

ACMobility seen turning profit in 2027

ACMobility, Ayala Corp’s mobility arm, is on track for a financial turnaround after narrowing losses in 2025, with management expecting the business to reach profitability in 2026 as its electric vehicle push gains scale.

DENR to issue 660 land titles for public schools in 2026

The Department of Environment and Natural Resources (DENR) will roll out 660 land titles for public school sites this year, giving schools permanent ownership of the land they occupy.

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