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 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 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.
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 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.
GMA Network Inc.’s principal shareholders, Television International Corporation (TIC) and M.A. Jimenez Enterprises Inc. (MAJEI), have approved a merger that will consolidate the two entities into a single corporation, with TIC as the surviving company.
Vietnamese conglomerate Vingroup is considering Batangas for its planned USD500-million electric vehicle (EV) manufacturing complex, with the facility expected to serve export markets as well as domestic demand, according to a source familiar with the investment discussions.
SM Hotels and Conventions Corp. (SMHCC) is rolling out Halloween-themed dining and entertainment activities across nine hotel properties nationwide from Oct. 24 to 31, seeking to draw families and leisure guests beyond the traditional market for overnight stays.
The Department of Trade and Industry (DTI) has secured commitments from manufacturers to keep prices of 204 basic necessities and prime commodities unchanged through Dec. 31, 2026, as elevated fuel costs continue to threaten household budgets.