Stories by Camilo Thame

Caribbean Cement Company more than tripled its profit in the first quarter of 2016, setting a new earnings record.The $830 million net income for the three-month period by far improved on the $250 million posted for the comparative quarter in 2015,...

On the face of it, the Government seems likely to implement new tax measures this fiscal year.The current Budget calls for a $33.5-billion, or 8.2 per cent, increase in...

Pan Caribbean Sugar Company (PCSC) took a $7.3-billion hit to its bottom line in 2015.The latest reported deficit follows on $3.2 billion in net loss the year before.The Chinese-...

Following on Money Time's success, Supreme Ventures Limited (SVL) is planning to introduce a sports betting game that will be drawn every five minutes."It will use a random number generator to determine the outcome of each (match)," SVL CEO Brian...

Benchmark Renewable Energy plans to construct a 10 million-gallon ethanol plant and grow the sweet sorghum that it intends to use as feedstock in Jamaica within the next two years.The Florida-based company also plans to sell the biofuel to Petrojam...

The operators of Sangster International Airport boosted profitability on higher passenger traffic in 2015.Pacific Airport Group (GAP), which took over the Montego Bay-based airport last...

Jamaica Producers Group's (JPG) stakes in coffee and cargo-handling businesses continued to drive the food and logistics conglomerate earnings in 2015.It managed to eke out operating...

William McConnell and Evan Thwaites have teamed up again, this time to establish IronRock Insurance, a start-up for which the partners aim to raise...

Red Stripe's plan to repatriate beer produced in the United States to Jamaica is projected to boost domestic production by 30 per cent...

Red Stripe Jamaica plans to bring production of its beer destined for sale in the United States market back home to Kingston.This will mean the end of a third-party brewing contract with City Brewing in Pennsylvania, which commenced in 2012.The...

Local cartoon production house, GSW Animation, took a $27-million loss last year.Since start-up in 2012, the company has yet to turn a profit - it incurred losses of $7 million and $4 million in 2014 and 2013, respectively.It did manage to increase...

Stafford Burrowes sold another US$4.7 million ($570 million) in shares in Dolphin Cove as some minority shareholders held out on offering up their shares to Mexico-based World of...