Companies

Bloomberry Resorts Corp. (BRC), owner and operator (through its subsidiaries) of the Solaire Resort and Casino, reported P4.072 billion in net profit last year to reverse a P1.315 billion loss a year ago.

Asian businesses will be challenged this year as a result of the impact of the worsening political situation in some European countries and China’s weakening economy, the outcome of the annual outlook and risk conference of a credit insurance firm indicated.

The bourse index surged to a fresh all-time high last Friday, its 19th record for this year, on the back of good earnings reports and tracking the uptrend in the United States market.

Listed International Container Terminal Services Inc. (ICTSI) reported a consolidated profit of $182 million, up six percent from the $172.4 million profit a year ago.