Tag: Electric Vehicle

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Tesla misses 1Q earnings estimates as sales slide

Corporate Context.ph Context.ph -
Tesla Inc. reported weaker-than-expected first-quarter earnings on Tuesday, highlighting a sharp decline in automotive revenue that underscored the mounting pressures facing the electric vehicle...

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Alsons Power bullish on PH retail energy sector amid rule changes

Energy & Mining 0
Alsons Power Group sees strong growth ahead for its retail electricity supply business, following recent regulatory changes that open the market to more users.

ERC suspends grid delivery fee for energy storage during emergencies

Energy & Mining 0
The Energy Regulatory Commission has approved the temporary waiver of delivery service charges for energy storage systems during declared national energy emergencies.

First Gen confirms $5B non-binding offer for EDC from Indonesian firm

Energy & Mining 0
First Gen Corp. has disclosed to the Philippine Stock Exchange that Indonesian company PT Barito Renewables Energy submitted an unsolicited, non-binding offer to acquire its geothermal subsidiary Energy Development Corp. for around $5 billion.

SEC overhauls rules for local credit rating agencies

Corporate 0
The Securities and Exchange Commission has proposed updated regulations for credit rating firms to boost transparency, credibility, and investor confidence in the Philippine corporate bond market.

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