financial management

Latest news and articles about financial management from NEX English

Revise Fuel Subsidy in Malaysia to Enhance Financial Management

The Malaysian government has announced a revision to the targeted fuel subsidy system known as BUDI Madani RON95, reducing the monthly fuel allocation from 300 liters to 200 liters. This adjustment aims to improve the distribution of financial support amid increasing economic crises.

Oracle Appoints Hillary Maxson as New CFO to Boost AI Strategy

Oracle has announced the appointment of Hillary Maxson as its new Chief Financial Officer, aimed at enhancing its strategy to meet the growing demand for artificial intelligence services. Maxson, previously with Schneider Electric, will lead Oracle's efforts in developing its AI infrastructure.

Broadcom appoints Amy Thoener as new CFO starting June

Broadcom, a leading American semiconductor company, has announced the appointment of Amy Thoener as its new Chief Financial Officer, effective June 12, 2023. This decision follows the retirement of the current CFO, Kirsten Spears.

Indonesia announces plan to redirect 130.2 trillion rupees from budget

Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced a new plan aimed at redirecting the government budget, potentially saving around <strong>130.2 trillion Indonesian rupees</strong>. This initiative is part of the government's efforts to enhance financial efficiency and improve public spending management.

Announce new strategies to enhance economic efficiency

The Ministry of Finance has announced a set of new strategies aimed at enhancing economic efficiency and improving financial resource management. This initiative is part of the government's efforts to achieve financial sustainability amid current economic challenges.