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Month: April 2022

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  • Sri Lankan shares post worst week ever amid power crisis

Sri Lankan shares post worst week ever amid power crisis

Sri Lanka shares had their worst weekly fall ever on Friday, having extended losses to a fifth straight session, with the Colombo Stock Exchange halting trade for a third consecutive…

IMF to start talks with Sri Lanka on loan request in coming days

(Reuters) – The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program in coming days, IMF spokesperson Gerry Rice said on Thursday, as the…

Sri Lanka’s utility regulator filled an FR petition on violations of electricity consumers’ rights

Issuing a brief statement today, Sri Lanka’s utility regulator, the Public Utilities Commission of Sri Lanka (PUCSL), Chairman, Janaka Ratnayake announced the filing of a petition with the supreme court.…

EU plans to rebuild solar energy manufacturing in Europe

The European Commission will do “whatever it takes” to rebuild Europe’s industry manufacturing parts for solar installations, the EU’s energy commissioner said on Thursday, as the bloc draws up plans…