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Sri Lanka Regulator Prolongs Suspension of Sanasa Life Insurance
FINANCIAL CHRONICLE – The Insurance Regulatory Commission of Sri Lanka has announced an extension of the suspension of Sanasa Life Insurance Co PLC’s registration for conducting long-term insurance business, as stated in a recent stock exchange filing by the company. The suspension period has been extended from January 31 to March 3. This action follows
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Sri Lankan Cabinet Endorses Ambitious Renewable Energy Initiative
Sri Lanka’s cabinet of ministers has approved the Renewable Energy Resources Development Plan for 2025-2030, as announced by Minister Nalinda Jayatissa. This plan was developed by the Sri Lanka Sustainable Energy Authority in collaboration with all relevant stakeholders. According to Jayatissa, the plan focuses on three primary areas. These include the identification and prioritization of
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