If all goes according to plan, the Department of Foreign Affairs (DFA) will move into DoubleDragon Plaza next month. This after publicly listed DoubleDragon Properties Corp. of double dragons Tony Tan Caktiong and Edgar “Injap” Sia II won the contract to provide the DFA with its new main headquarters in Pasay City.
The DFA, we heard, is taking over almost the entire newly built 40,000-square-meter DoubleDragon Tower building. READ: BIZ BUZZ: DoubleDragon’s ‘otso otso’ pays off With Foreign Affairs Secretary Enrique Manalo holding office at DoubleDragon Tower, he will surely bring even more energy to the complex, and will complement the completion this year of the largest 5-star Ascott in the Philippines at the back of DoubleDragon Plaza. DFA’s entry means DoubleDragon Plaza will have three major government agencies as tenants, following the Philippine Economic Zone Authority and Tourism Infrastructure Economic Zone Authority.
This is why DoubleDragon is not too bothered by the impending exit of Philippine offshore gaming operators (Pogos). Based on the company’s total revenues of P24.7 billion last year, Pogos accounted for less than 3 percent.
With its diversified tenant base, DoubleDragon promises to be “future proof” and is positioning itself as a new central business district in the Bay Area. —Tina Arceo-Dumlao The evil masterminds behind the notorious drug cartels are often perceived as filthy rich people who have sprawling mansions, private jets and .