Tag: DoubleDragon

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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.

DoubleDragon earnings inch up as revenues surge

Listed property developer DoubleDragon Corp. posted a modest rise in earnings for the first nine months of 2025 even as revenues surged, driven by the continued expansion of its recurring-income portfolio and the global rollout of its Hotel101 brand.

DoubleDragon expects strong market reception for retail bond

DoubleDragon Corp. expects an anticipated interest rate cut by the Bangko Sentral ng Pilipinas later this week to bolster market reception for its P10.9 billion retail bond scheduled in September.

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. 

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Exporters reject US forced labor allegations

The Philippine Exporters Confederation, Inc. has pushed back against allegations that Philippine exports are linked to forced labor, warning that a proposed US tariff increase could unfairly penalize compliant businesses and workers.

NPC expands AI oversight as privacy risks grow

The National Privacy Commission (NPC) is ramping up efforts to strengthen data protection and govern emerging technologies, unveiling plans to expand its regional presence and deepen oversight of artificial intelligence as it marked its 10th anniversary during National Data Privacy Awareness Week 2026.

DA targets August start for new FMR projects

The Department of Agriculture on Wednesday (DA) said that the construction of major farm‑to‑market roads (FMR) under its program is set to begin by August this year, with bidding activities scheduled from June to July. In a briefing in Quezon City, DA assistant secretary and spokesperson Arnel de Mesa, who also chairs the Bids and Awards Committee (BAC) for large FMR projects, said preparations are already underway, including a pre‑procurement conference scheduled soon.

EDC seeks nod for upgrade of P25-B Negros geothermal facility

The Department of Environment and Natural Resources (DENR) will hold a public hearing on June 24, 2026 for Energy Development Corporation’s proposed P25-billion expansion and upgrade of the Southern Negros Geothermal Project steam field in Valencia, Negros Oriental.

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