A new mega investment zone – slightly bigger in size than Male which is 1.77 sq km or 437.3 acres – is coming up on the fringes of the Colombo harbour with developer John Keells Holdings (JKH) preparing the formalities to sign the relevant agreements with the authorities.

Arguments will be heard tomorrow in the Supreme Court on the fundamental rights petition filed by Sripathi Sooriyaarachchi in 2007 against the proposed sale of 25.3 percent of Sri Lanka Telecom shares to Global Telecom Holdings (GTH), the parent company of Malaysia's Maxis Communications.

The Department of Census and Statistics is only releasing the groups and subclasses of the new Colombo Consumer Price Index, the CCPI(N), much to the chagrin of JVP Parliamentarian Sunil Handunnetti.