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DIMO joins forces with young racing star Yevan David

October 29, 2025

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Daily FT

WITH a shared mission to enhance Sri Lanka's position on the global stage, leading diversified conglomerate DIMO and young racing prodigy Yevan David have forged a partnership that redefines the country's path to the international motorsport arena.

DIMO joins forces with young racing star Yevan David

Yevan’s exposure to motor racing started at the tender age of six, when he went karting with his father at Sri Lanka's premier facility, the Sri Lanka Karting Circuit (now SpeedBay) in Bandaragama. Showing great promise, his family recognised that this could be Yevan's true calling, and by 2015, he was competing in kart racing in Singapore. Showcasing his talent and masterful driving technique, he was soon racing in Malaysia and Macau as well. By 2017, ten-year-old Yevan became the IAME Asia Series X30 Champion in the Cadet category. The following year, he secured the X30 Asia Cup in the Cadet Category, winning the race at the ver

المزيد من القصص من Daily FT

Daily FT

Daily FT

Janashakthi Life posts Rs. 3.4 b PAT and 67% new business growth in 2025

JANASHAKTHI Life, a leading name in the insurance industry and a flagship brand of JXG (Janashakthi Group), announced strong financial performance for the year ended December 2025, with 67% growth in new business, and 31% growth in total Gross Written Premiums to Rs. 8.65 billion.

time to read

1 min

March 03, 2026

Daily FT

Senthilverl buys near 10% stake in Renuka Agri Foods for Rs. 1 b

HIGH-NET-WORTH investor Dr. T. Senthilverl on Friday acquired a near 10% stake in Renuka Agri Foods PLC for Rs. 1 billion.

time to read

1 min

March 03, 2026

Daily FT

Top French diplomat suggests US–Israeli attacks on Iran lack legitimacy

FRANCE’ Foreign Minister Jean-Noel Barrot says Israeli and US “unilateal’ attack in ran should have been debated in the collective bodies set up fort is exact purpose, such as the United Nations.

time to read

1 min

March 03, 2026

Daily FT

Home Lands announces strategic entry into Port City with iconic high-rise development

$40.1 m transaction to further enhance scope for foreign investment in Sri Lanka $ 300 m worth mixed-use ultra-luxury development comprises twin 40-storey towers with over 600 exclusive units

time to read

3 mins

March 03, 2026

Daily FT

Over 3,400 flights cancelled as Gulf countries’ airspaces remain closed

OVER 3,400 flights have been cancelled in the first few days of the Middle East conflict according to flight-tracking data, according to Al Jazeera.

time to read

1 mins

March 03, 2026

Daily FT

BASL President calls for autonomy, structural reform of SEC

BAR Association of Sri Lanka (BASL) President and former Securities and Exchange Commission (SEC) Commissioner Rajeev Amarasuriya has called for full financial and operational independence for the SEC, arguing that institutional autonomy is critical to strengthening regulatory effectiveness in an increasingly complex capital market.

time to read

2 mins

March 03, 2026

Daily FT

Daily FT

Opposition warns prolonged Middle East conflict could trigger economic strain

THE Opposition yesterday cautioned that Sri Lanka could face significant economic strain if the escalating conflict in the Middle East drags on, urging the Government to manage emerging risks carefully.

time to read

1 min

March 03, 2026

Daily FT

Daily FT

Kapila Jayawardena wins CEO of the Year – Conglomerates

LOLC Group Managing Director/CEO Kapila Jayawardena was named CEO of the Year ~ Conglomerates at the Global CEO Forum 2025, in recognition of his role in steering one of Sri Lanka’s largest diversified groups through sustained expansion and institutional transformation.

time to read

1 mins

March 03, 2026

Daily FT

President extends State of Public Emergency

THE State of Public Emergency has been extended with effect from 28 February through an Extraordinary Gazette issued under the authority of President Anura Kumara Dissanayake.

time to read

1 min

March 03, 2026

Daily FT

Daily FT

No date for Woods return but Masters 'not off the table'

TIGER Woods says competing at this year's Masters is 'not off the table' but the 15-time major champion still has no timetable for his return.

time to read

1 min

March 03, 2026

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