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...
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.
Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.
The Department of Energy (DOE) has given the initial contract for the Philippine Gradiometry and Seismic Survey Project (PGSSP) to global geophysical services firm Metatek.