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The rise in interest rates and the resulting slowdown in the economy could increase the banking sector bad loans marginally but will not be a major concern for the sector stability, according to a banking sector report by a Colombo-based
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Declining prices of tea in the world market and abolishing of the fertilizer subsidy and now the prevailing drought have pushed the low country tea planters, specially the small-scale tea planters from the frying pan to fire,
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REUTERS: Microsoft is “deeply sorry” for the racist and sexist Twitter messages generated by the so-called chatbot it launched this week, a company official wrote on Friday, after the artificial intelligence programme went on an embarrassing tirade.
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“We felt there was a void in the market for active, busy, working individuals who want to put together without having to put a lot of effort into it while staying modest and ageappropriate. These styles are reflective of the fun new fashions that can’t be found always in most of the department stores in Colombo.