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Firms refine travel policies to get more bang for their buck

Some slash their travel budgets, others look at economy or budget fares, to get more value for flights and hotels

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Corporations are tightening their travel policies to stretch their budgets amid headwinds in the global economy, said David Reimer, managing director of American Express Business Travel for the Asia-Pacific.

Singapore

Corporations are tightening their travel policies to stretch their budgets amid headwinds in the global economy, said David Reimer, managing director of American Express Business Travel for the Asia-Pacific.

Overall budgets are expected to remain flat this year, but firms

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