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Five Mumbai-based companies to invest:
Five leading Indian companies, based in Mumbai, have expressed
willingness to invest in the Chinese-funded Colombo Port City project.
Three of the five companies already have a strong presence in Sri Lanka,
top government sources told the Sunday Observer. With this development,
India, which earlier raised concerns over the Colombo Port City project,
is likely to become an important stakeholder of the development plan.
A No Confidence Motion (NCM) against Finance Minister Ravi Karunanayake
signed by 37 Joint Opposition MPs on the grounds of gross mismanagement
of the economy will be taken up for debate in Parliament on June 8 from
2.00 pm to 6.30 pm and the vote will be taken subsequently. It was
handed over to Speaker Karu Jayasuriya on March 24.
After the brawl:
In the wake of a series of incidents of breach of privilege in
Parliament, a draft document has already been made to amend existing
Standing Orders which were last amended in 1993, incorporating new key
amendments and new provisions to regulate the businesses of Parliament.
Parliament authorities have already completed the draft to amend
Standing Orders.
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