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For the first time in its corporate history – DoubleDragon Corporation’s core revenue in the first 9 months of 2026 reaches ?20.78 Billion pesos.This Total Revenues comprised of pure 100% core revenues (with zero revaluation gains).

For the first time DD’s Foreign Currency revenues contributed majority or 59.03% of its quarterly total Core Revenues as the global expansion of its novel and unique Hotel101 prop-tech business model began to gain significant momentum in various countries.

DD’s subsidiary Hotel101 Global made a significant leap forward after it has opened its fully sold out perfected global prototype in Madrid Spain with 680 operating rooms

Hotel101 Global’s business model generates revenues and income twice, firstly from sale of units, and secondly generates recurring revenues from hotel operations

DoubleDragon Corporation is expected to become one of the major US Dollar currency inflow generator to the Philippine economy

DD’s core revenues both in the Philippines and Overseas continue to jump up after many years that the DD team have passionately planted and

diligently nurtured the right hard assets in the right places, and by carefully innovating the nuts and bolts of its business lines in the past several years, and the durable trees now positioned in the Philippines and abroad are now starting to produce recurring valuable fruits

DoubleDragon’s Core Net Income for the first nine months of 2026 increased by 253.59% year-on-year to ?3.91 Billion

Notably, DoubleDragon continues to demonstrate a significant acceleration in its core operating performance, with the Company’s third-quarter results reflecting a substantial increase in revenues and earnings. This marks a significant milestone in the Company’s continuing transition towards recurring and core operating revenues in the Philippine operations and globally

As of September 30, 2026, DoubleDragon’s Total Assets reached ?256.82 Billion, increasing by ?31.56 Billion from ?225.26 Billion as of December 31, 2025

Total Equity reached ?107.02 Billion as of September 30, 2026, increasing by ?5.41 Billion from year-end 2025

Worth noting too that DoubleDragon is one of the – if not the only listed investment holding company with business in the property sector that do not have any ongoing residential condominium project under development in its portfolio. DD also do not have any exposure to the large BPO locators

DoubleDragon’s Consolidated Revenues for the first nine months of 2026 reaches ?20.78 Billion, about double or 98.76% higher than the same period last year

DoubleDragon’s Core Revenues for the first 9 months of 2026 reaches ?20.78 Billion, increasing by 143.65% versus the same period last year

DoubleDragon’s Net Income for the third quarter of 2026 reaches ?1.13 Billion, increasing more than 6 folds from ?183.67 Million in the same period last year

This strategy aligns with Hotel101 Global’s disciplined, asset-light, prop-tech hospitality model and supports the Company’s ultimate vision of developing one million standardized rooms across more than 100 countries, with the goal of becoming the world’s largest single-brand hotel chain

DD has generated significant increase in its core revenues and core income, and DD expects an even higher jump in its core revenues by the second half of this year 2026, driven by the continued generation of core revenues from its leasing portfolios, new mall openings, new warehouses, new office tenants, new MerryMart supermarkets and mainly from the expected new unit sales from Hotel101 projects in the Philippines and from several countries overseas

DoubleDragon Group continues to tap various capital initiatives to further strengthen its balance sheet and boost its overall progress towards its 2035 Vision

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To date, DoubleDragon is the first and only Filipino company that has a subsidiary listed

on the U.S. NASDAQ Stock Exchange, enabling DoubleDragon to gain access to the deep capital markets in the United States for its pipeline of equity and capital raises

DoubleDragon believes that gone are the days when Philippine companies bring in foreign brands and concepts to the Philippines or copying what works abroad to the Philippine market, but rather developing a truly unique and differentiated branded business models in the Philippines and then export it to the rest of the world would have a far larger and lasting positive impact to the Philippine economy

The DoubleDragon team is committed to put in the necessary hard work, entrepreneurial grit and perseverance towards this vision and eventually aims to make Hotel101 a truly global brand operating in various jurisdictions worldwide, and eventually bring a pinch of pride and honor to our fellow Filipino countrymen.

Given this trajectory, DoubleDragon Corporation is expected to achieve its ?500 Billion Total Core Revenue goal ahead of time before its 2035 target

Micah Shin overcame an early challenge from Russell Bautista to claim a nine-shot victory in the International Container Terminal Services Inc. Apo Golf Classic on Friday at Apo Golf and Country Club.

Holding a seven-shot overnight lead, Shin closed with a 70 for a wire-to-wire victory at 17-under 271, highlighted by birdies on Nos. 15 and 18.

Bautista trimmed the deficit to five with a 33 on the front nine but faltered down the stretch, dropping strokes on each of the final three holes to finish with a 73 and 281 total.

Sean Ramos carded a 69, including a birdie on the 18th, to claim solo second at 280.

‘It was actually quite tough today. I kept hitting the ball to the right and wasn’t able to save par on Nos. 2 and 4, which I managed to do in the third round,’ Shin said.

‘I just kept trying to play my own game and make more birdies. I managed to do that on No. 15 and the final hole, and got the job done,’ he added.

Shin capped his victory with a birdie on the par-5 18th despite finding the rough off the tee. Unable to reach the green, he laid up before hitting lob shot to within seven feet and sinking the putt.

The victory provided a fitting close to Shin’s 2026 Philippine Golf Tour campaign. After winning The Country Club Invitational last January, he left to play abroad and claimed another title in his return, bagging the P534,000 prize.

Clyde Mondilla, coming off a victory at South Pacific last week, finished fourth at 283 after shooting 72. Elee Bisera carded a 70 for 284, while Dino Villanueva fired the day’s best round of 68 to finish sixth at 285.

Guido van der Valk placed seventh at 286 after a 74, followed by Angelo Que at 287 after a 71.

Alex Bisera and Jacob Rolida tied for 11th at 289, but Bisera claimed low amateur honors via countback. Rolida shot 74, while Bisera matched par 72.

Heavy overnight rains delayed the final round, but Shin maintained his lead despite admitting that playing at his home course brought added pressure.

‘I had a big lead and, to be honest, playing at my home course was an advantage. But I got off to a bad start because I was trying to play too well. I just wanted to set a target score for the day and give the fans a show,’ he said.

Shin’s nine-shot victory highlighted his dominance throughout the week, as fellow Asian Tour campaigners Ramos and Justin Quiban failed to keep pace with his early charge.

Quiban shot a closing 69 and wound up tied for 16th at 292.

The Social Housing Finance Corporation (SHFC) and the Philippine Reclamation Authority (PRA) have joined forces to explore new opportunities for socialized housing under President Ferdinand Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.

The two government agencies formalized their partnership through a Memorandum of Understanding (MOU) inked on October 27 in Makati City.

SHFC President and CEO Federico Laxa and PRA General Manager and CEO Engr. Cesar Siador, Jr. signed the MOU, witnessed by SHFC Executive Vice President Atty. Leo Deocampo and PRA Chairperson Atty. Alexander Lopez.

Under the agreement, SHFC will provide technical expertise in assessing potential sites for socialized housing projects identified by PRA. The two agencies will develop a pilot vertical housing project on a PRA property in Metro Manila.

The partnership comes a day after SHFC approved two new vertical housing projects under the Expanded 4PH Program: 1Bataan Alas-Asin Village in Mariveles, Bataan, and People’s Plan Ville in Sta. Mesa, Manila. These developments underscore the agency’s continuing efforts to expand access to decent and affordable housing for Filipino families.

‘These initiatives support President Marcos’ directive to do more for the Filipino people by strengthening inter-agency collaboration, accelerating the delivery of public services, and expanding access to affordable housing,’ Laxa said.

Under Laxa’s leadership, SHFC has strengthened its collaboration with various government agencies to expedite project implementation and bring more benefits to housing beneficiaries. Its partners include the Pag-IBIG Fund, Presidential Commission for the Urban Poor, Land Registration Authority, MWSS Regulatory Office, and Cooperative Development Authority.

The partnership also aligns with the call of Department of Human Settlements and Urban Development Secretary Jose Ramon Aliling for stronger collaboration among government agencies and other stakeholders to address the country’s housing challenges.

Echoing Laxa’s sentiment, Lopez underscored PRA’s support for the national housing agenda. ‘Under the leadership of President Ferdinand Marcos, the Expanded 4PH Program advances the aspiration of decent and affordable housing to Filipino families. Today, PRA and SHFC take a step closer to achieving that goal through this cooperation,’ he said.

Lopez also expressed hope that the MOU would mark the start of a lasting partnership that will give communities not only access with housing but also with livelihood, education, and other essential services.

SHFC and PRA are scheduled to meet again in the coming weeks to finalize a usufruct agreement for the proposed housing project.

For more information on SHFC projects and application procedures, please visit www.shfc.gov.ph or call (02) 5322-7300.

THE recently concluded Chery International User Summit in Wuhu, China, was more than a gathering of global media, users, and brand partners. For delegates from the Philippines, it provided an immersive introduction to iCAUR, a lifestyle-focused new energy vehicle brand set to enter the local market with the V23 and V27. Held under the theme ‘Classic Never Fades | Make It Yours,’ the summit showcased the brand’s vision of blending retro-inspired SUV design, modern electrified technology, and user-driven creativity.

User-Driven Customization Carnival

ONE highlight of the Chery International User Summit was the iCAUR User-Driven Customization Carnival, an event that showcased the brand’s belief that ownership goes far beyond simply driving a vehicle. Designed as a platform for owners, designers, and enthusiasts, the carnival celebrated creativity and personalization through a wide range of customized models.

The V27 REEV AWD in action during the muddy off-road test drive

Around 20 modified vehicles were displayed alongside three factory-backed concepts: the V25 Game Changer, inspired by gaming culture; the V23 Forge, featuring a rugged wide-body off-road theme; and the V27 Sun Roam, a travel-inspired build that paid tribute to classic expedition vehicles.

The showcase extended beyond traditional vehicle modifications. User-created builds featured camping and overlanding gear, modular storage solutions, roof racks, and adventure accessories, while others were transformed into mobile coffee shops, bicycle repair stations, entertainment hubs, and social gathering spaces. One standout concept, called CYBER PARTY, reimagined the V23 as a mobile DJ booth complete with a deployable stage for outdoor events.

More importantly, the carnival demonstrated that these concepts are not merely show vehicles. It viewed customization as a key pillar of its future business strategy, with plans for dedicated personalization areas in showrooms, expansion of its Club Connect global community, and the introduction of official customized variants in international markets.

Rather than focusing solely on performance specifications or premium features, the brand is building an ecosystem centered on travel, outdoor recreation, gaming, photography, and lifestyle experiences. The carnival illustrated how a vehicle can become a canvas for self-expression and a reflection of its owner’s passions.

This approach could resonate strongly with Filipino buyers, who have long embraced SUV customization through lift kits, roof racks, aftermarket wheels, and adventure accessories. By integrating personalization into the ownership experience from the very beginning, it is turning customization from an aftermarket upgrade into a defining part of the brand’s identity.

V25’s global debut

THE festival’s centerpiece was the global launch of the all-new V25. Positioned between the compact V23 and the flagship V27, the V25 completes the brand’s growing V-Series lineup. It also sent a clearer picture of the expanding global portfolio.

Visually, the V25 remains faithful to the brand’s ‘Future Classic’ design philosophy. It combines upright proportions, a boxy silhouette, circular headlamps, and rugged styling cues with a thoroughly modern electrified platform underneath. The result is a vehicle that blends nostalgic SUV design with contemporary technology.

The V25 will be offered globally in two versions: a Battery Electric Vehicle (BEV) and a Range-Extended Electric Vehicle (REEV), making it the first model in the lineup to provide both fully electric and range-extended options.

The BEV version features an 80.16-kWh battery pack and is available in rear-wheel-drive and all-wheel-drive configurations. Output ranges from 185 kW in the rear-wheel-drive model to 335 kW in the dual-motor all-wheel-drive variant.

Depending on the configuration, driving range reaches up to 445 kilometers under the NEDC testing cycle, while DC fast charging from 30 to 80 percent can be completed in approximately 25.7 minutes.

Meanwhile, the REEV variant combines a dual-motor electric drivetrain with a 1.5-liter turbocharged engine that functions solely as a generator. Combined output reaches 335 kW and 505 Nm of torque, while pure electric range is rated at up to 150 kilometers. The vehicle also boasts a total range of more than 800 kilometers, addressing one of the most common concerns among potential EV buyers.

Other highlights include i-AWD intelligent all-wheel drive, more than 20 factory customization options, up to 1.8 tons of towing capacity, and vehicle-to-load functionality that can power outdoor equipment and appliances.

Although no official Philippine launch schedule has been announced, the V25 is widely expected to follow the local introduction of the V23 and V27.

A muddy first taste of the V27 REEV

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BEYOND static displays and presentations, summit participants could experience iCAUR’s capabilities firsthand on a muddy off-road driving course featuring the V27 REEV.

While the route was relatively short, it offered enough challenges to reveal the vehicle’s strengths. From the outset, the V27 projected a strong off-road presence. Its boxy bodywork, flared wheel arches, generous ground clearance, roof rails, side steps, large wheels, protective body cladding, and rear-mounted spare tire all contributed to its expedition-ready appearance.

Under the hood is a range-extended electric powertrain in which a 1.5-liter turbocharged engine serves as a generator while electric motors drive the wheels. In dual-motor all-wheel-drive form, the system produces approximately 335 kW and 505 Nm.

The benefits were immediately apparent on the muddy terrain. Electric torque arrived instantly, allowing the V27 to accelerate briskly through slippery sections without hesitation. Where conventional SUVs often need to build momentum, the V27 delivered immediate response and confident forward progress.

Its intelligent all-wheel-drive system proved equally impressive. Traction remained secure even through deep puddles and heavily churned-up surfaces, while wheelspin was effectively managed. Rather than overwhelming the driver, the system inspired confidence with smooth, predictable performance.

Perhaps the biggest surprise was the vehicle’s steering response. Despite its size, the V27 felt precise and easy to position. Even as the surface became increasingly slippery, the steering allowed accurate placement while maintaining stability when the rear of the vehicle began to rotate slightly through muddy turns.

Technology also played an important role. The V27’s camera and radar systems continuously displayed information about the surroundings, helping drivers identify obstacles, terrain changes, and potential hazards. Combined with the elevated seating position and excellent visibility, these features made even unfamiliar terrain feel manageable and less intimidating.

The next big disruptor in the SUV space?

THE Philippine SUV market has long been dominated by traditional formulas. Rugged off-roaders often rely on heritage and diesel power, while family SUVs prioritize comfort and practicality.

iCAUR appears determined to challenge both approaches. By combining retro-inspired styling, electrified powertrains, advanced technology, and factory-backed customization, the brand offers something genuinely different in a segment where many vehicles increasingly look and feel alike.

The V23, V25, and V27 are not merely niche adventure vehicles. Their blend of modern driver-assistance technologies, flexible powertrain options, practical interiors, and customization potential broadens their appeal beyond hardcore off-road enthusiasts.

For the Philippines, the timing could be ideal. Interest in electrified mobility continues to grow, yet concerns about charging infrastructure remain. The REEV technology found in models like the V25 and V27 offers a practical bridge between conventional internal combustion vehicles and full battery-electric vehicles.

Whether iCAUR can disrupt the established SUV hierarchy remains to be seen. However, after its strong showing at the Chery International User Summit, it is clear that the brand is bringing a fresh perspective to the market. With its unique mix of adventure, personalization, and electrified performance, iCAUR could appeal not only to enthusiasts but also to mainstream SUV buyers looking for something different.

If executed well, the brand could emerge as one of the more intriguing new players in the Philippine automotive landscape.

REMEMBERING those who have suffered from years of conflict, which finally ended with the formation of the Bangsamoro Autonomous Region in Muslim in Mindanao (BARMM), President Ferdinand Marcos Jr. called for unity, statesmanship, and cooperation, at the first ever session of the Bangsamoro Parliament on Friday, with hopes to sustain peace and progress in the region.

In his speech, the chief executive recognized leaders from the national government and the Moro Islamic Liberation Front (MILF), who paved the way for peace in the conflict-torn region with the forging of the Comprehensive Agreement on the Bangsamoro, the Bangsamoro Organic Law, and the establishment of the Bangsamoro Transition Authority.

He expressed hope that peace and progress will continue once the BARMM government starts its operation with the inaugural session of the Bangsamoro Parliament.

Prior to the ratification of the Bangsamoro Organic Law, Mindanao was plagued by several separatist wars, including one waged by the MILF.

At their first session, the 80 members of Parliament elected their Chief Minister and Speaker to lead the executive branch, and the Cabinet alongside two Deputy Chief Ministers.

After the election, the BARMM government can start enacting regional laws, approving public spending, and overseeing government programs.

‘Today’s session also launches a new phase of parliamentary governance, working within our broader presidential system,’ Marcos said.

‘The new coalition must uphold unity, statesmanship, and cooperation to build a more peaceful and progressive BARMM,’ he added.

The groups that secured seats from the Bangsamoro Parliament allocated for political parties: Bangsamoro Federalist Party (BFP) with 16 seats; United Bangsamoro Justice Party (UBJP), the political arm of MILF with 15 seats; the BARMM Grand Coalition (BGC) with eight seats; and the Raayat Democratic Party with one seat.

Of the 32 district representative seats, the BFP won 15. The rest of the seats were secured by UBJP (nine seats), Serbisyong Inklusibo Alyansang Progresibo (six seats), Progresibong Bangsamoro Party (one seat) and Al Ittihad-UKB (one seat).

The six sector representatives were Yul Adelfo Olaya and Mary Ann Arnado as representatives of the settler communities; Aida Silongan as representative for women; Sulffy Abbas as representative for youth; Muhammad Nadzir Ebil as representative for the ulama; and Marjanie Mimbantas-Macasalong as representative for traditional leaders.

The elected lawmakers will replace the members of the Bangsamoro Transition Authority, which governed BARMM since 2019.

Earlier this month, Marcos had congratulated BFP president Abdulraof Macacua after their political party was able to form a 46 majority bloc, which exceeded the 41-seat threshold for forming a parliamentary majority.

Marcos reiterated that the national government will provide support, including economic opportunities, in Mindanao and BARMM.

‘I reaffirm the National Government’s support for Bangsamoro autonomy and democratic institutions. We stand ready to work with the government formally constituted by this newly elected Parliament,’ Marcos said.

‘To the people of the Bangsamoro: the National Government stands with you. Your success is the success of the country,’ he added.