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Asean News Headlines as at 9pm on Wednesday (May 18)

News highlights from Asean countries in the Star-AseanPlus section for Wednesday (May 18)

Sulawesi selatanRepublic ofJawa baratNorth koreaJawa timurJakarta rayaHun senJalan bukit merahSamuel seowLawrence wongAzmin aliRazak bagindaAmazon web servicesPhilippine senateResorts worldGenting dream

Corporate Travel Management: Michael Pherous upbeat as investors stay grounded

Shares are up and revenues are rising. Corporate Travel Management has pulled through COVID-19 with acquisitions. But why are some investors hesitant?

United statesUnited kingdomHamilton islandCity ofJamie pherousChris galantyGraham skroo turnerCitic pacificJimmy barnesSamuel seowGraham turnerOscar colmanYork stock exchangeNew york stock exchangeFlight centreCorporate travel

Travel: Flight Centre gains altitude but earnings hit turbulence

Flight Centre’s red ink is gradually turning black, but like Corporate Travel Management, the recovery this year is less than the market expected.

United kingdomTim plumbeSamuel seowFlight centreCorporate travel managementAustralian financial reviewCorporate travel

Russia-Ukraine war: Boral s energy pain comes from Russia with blood

Boral won’t be the last ASX company to see its profitability hit by the rapid rise in oil and coal prices due to the war in Ukraine.

New south walesAlberto calderonSamuel seowAnglogold ashantiSouthern highlands

Flight Centre share price: CEO Graham Turner confident of rebound but eyes Ukraine war

Shares in the travel giant, battered by COVID-19, have see-sawed, and dipped again after losses were worse than expected.

South africaGraham turnerSamuel seowMadeline begleyFlight centreMiddle eastGulf warCorporate travel managementPedal group

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