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	<title>WEBODIGY Business &amp; Finance Journal</title>
	
	<link>http://webodigy.com</link>
	<description>Get Latest Update Business &amp; Finance Info</description>
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		<title>World oil company staked by  Hacker</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/o1UT2L8i72c/world-oil-company-staked-by-hacker.html</link>
		<comments>http://webodigy.com/world-oil-company-staked-by-hacker.html#comments</comments>
		<pubDate>Tue, 31 Aug 2010 02:10:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Info]]></category>

		<guid isPermaLink="false">http://business3.catalinaserver.web.id/?p=16</guid>
		<description><![CDATA[
WASHINGTON &#8211; Crime cyberspace never indiscriminate in targeting their victims. From the petty to the class snapper, semuannya the target of cyber crime.
In a recent report issued by the Christian Science Monitor says, at least three important officials in the oil and gas companies have had major natural malware attacks on a large scale in [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://business3.catalinaserver.web.id/wp-content/uploads/2010/03/hHsoWdZPGV.jpg-pv8512ff2bd33be6b7.jpeg"><img class="alignleft size-full wp-image-17" title="hHsoWdZPGV.jpg-pv8512ff2bd33be6b7" src="http://business3.catalinaserver.web.id/wp-content/uploads/2010/03/hHsoWdZPGV.jpg-pv8512ff2bd33be6b7.jpeg" alt="" width="250" height="250" /></a></p>
<p>WASHINGTON &#8211; Crime cyberspace never indiscriminate in targeting their victims. From the petty to the class snapper, semuannya the target of cyber crime.</p>
<p>In a recent report issued by the Christian Science Monitor says, at least three important officials in the oil and gas companies have had major natural malware attacks on a large scale in 2008 and until now. That attack was deliberately done agara they can mengambik important data in multi-dollar company is.</p>
<p>Added by the survey, oil companies and the leading natural gas is ExxonMobile ConocoPhillips and Marathon Oil are giant oil industry&#8217;s most targeted by malware, such as quoted Internet News, Thursday (28/1/2010).</p>
<p>The attack continued until mid 2009, using email mode can escape from anti-virus security that has used the company. In fact until now, not only that these three companies, but has spread to other companies.</p>
<p>The data is actually stolen any trade secrets that are typically stored in corporate computer networks, most of them stole a file containing the location of oil drilling that has not worked around the world and how much profits.</p>
<p>Several investigative agencies in the United States had indicated that these hackers are neatly organized in the country China. However, no one has issued a statement publicly.</p>
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		<title>Towards a World Class Company</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/IknnqD5E_mE/towards-a-world-class-company.html</link>
		<comments>http://webodigy.com/towards-a-world-class-company.html#comments</comments>
		<pubDate>Tue, 31 Aug 2010 02:10:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Info]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=81</guid>
		<description><![CDATA[
IN today&#8217;s era of globalization, the desire to become more and more world-class companies not following the company terbendung.Beberapa up step by a world-class companies. Like what?
Oil and gas companies (oil) Exxon Mobil Corporation and Royal Dutch Shell are two companies that now supermajor at the height of glory. Naturally, because these two major companies [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-82" title="XVVzLycuya" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/XVVzLycuya.jpg" alt="XVVzLycuya" width="250" height="260" /></p>
<p>IN today&#8217;s era of globalization, the desire to become more and more world-class companies not following the company terbendung.Beberapa up step by a world-class companies. Like what?</p>
<p>Oil and gas companies (oil) Exxon Mobil Corporation and Royal Dutch Shell are two companies that now supermajor at the height of glory. Naturally, because these two major companies have started business decades ago. Exxon, for example, originated from Standard Oil, who stood in 1870, while Sheel is a joint venture of Dutch and English who stood in the 1900&#8217;s. In addition, there is also the British Petroleum Company, which operated in 1954, and the Chevron Corporation, which was built in 1879.</p>
<p>So, what about the national oil company? Although the age of PT Pertamina is still far from some of these companies, the company set a world-class player with a short time, ie 15 years. According to a spokesman for PT Pertamina Basuki Trikora Son, Pertamina was treading step toward world-class companies, by setting targets to be achieved. This is evidenced by the constructed roadmap that includes the company&#8217;s three stages.</p>
<p>For the first period (2008 &#8211; 2013) This company build a solid foundation in the country. Namely how to target a leading company in Indonesia and become the best in operating activities, as well as the role of transformation modeluntuk success. In the second five years (2013 &#8211; 2018), oil and gas company is targeting a leading oil company in Southeast Asia. Then in subsequent years (2018 &#8211; 2023), Pertamina to national oil company of world-class. &#8220;The position of Pertamina in this period the level of capability with a leading international oil companies,&#8221; said Basuki, who familiarly called this Tiko.</p>
<p>Recognized Tiko, to realize the vision and mission of this company also has mudah.Pihaknya not make corrections in some aspects to it. &#8220;Especially is improving the quality of human resources (human resources) who owned the company,&#8221; he said when contacted Seputar Indonesia. Related to this, Pertamina also keen to do kaderisasi HR for performance improvement, ie by holding a variety of educational training for their employees. However, not only the trained area of expertise, they were also given the floating material to become a cadre of professional ready to use.</p>
<p>Conducted cooperation with foreign companies, also carrying a positive impact for its employees, namely the transfer of knowledge. Corrections are made for this human resources sector, along with other factors that also contribute to the realization of the ideals of the company, including technological improvements, facilities, and services to consumers. Tiko admitted that steps the company does, now have a significant impact. Produkproduk Pertamina has been exported to several countries, and of course the standard is applied even have international standards.</p>
<p>Machine activities already underway in several countries, including in Vietnam, Malaysia, Libya, Sudan, and Qatar. &#8220;So, we are not just a champion,&#8221; said Tiko.Kendati so can not be denied, because as a state-owned company, Pertamina not become a pure business entity that can stand alone. Even so, Tiko says this is not a barrier to achieving world-class companies. Other companies who also was a world-class companies are PT Indofood Sukses Makmur Tbk. (INDF). Survey conducted in 2009 the Wall Street Journal had solidified INDF as the best open company in Indonesia in the third position.</p>
<p>The existence of INDF as a processed food company, started in 1982 through the establishment of PT Sarimi Asli Jaya, which produces a brand of instant noodles Sarimi. During his trip, INDF perform various steps to strengthen its position in Indonesia. INDF major step to strengthen itself as a giant new integrated food company is again in 2005, namely through a joint venture with Nestle that form PT Nestle Indofood Company flavor. Then in 2007, INDF increasingly strengthened by the acquisition unit agrobisnisnya Rascal Holdings Limited and plantation companies which have more than a century old, the PP London Sumatra Plantations Tbk (LSIP).</p>
<p>On the other hand, with a variety of strong brands in various fields of business, INDF compelled to form a Central Marketing Unit to assist all business units to develop strategic marketing direction to create a comprehensive synergy in the media, research, and marketing. This is justified Noodles General Manager Marketing Division Head Office INDF Atmaja Listya Evelyn. As someone who is responsible for the division noodles Evelyn and her team incessantly looking for ways that would demand noodle products on the market to stay awake. He claimed most anti with purchasing power lines down.</p>
<p>&#8220;For logic, even though the economy in crisis conditions, the consumption activities of his name will never stop,&#8221; he said. However, said Evelyn, who went to all the constraints is a challenge that must be conquered. Evelyn believed INDF someday will be world-class companies.</p>
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		<title>The future of the U.S. fiscal worried</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/PK6DGVTHM-k/the-future-of-the-u-s-fiscal-worried.html</link>
		<comments>http://webodigy.com/the-future-of-the-u-s-fiscal-worried.html#comments</comments>
		<pubDate>Tue, 31 Aug 2010 02:10:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=19</guid>
		<description><![CDATA[
The future of the United States fiscal spending worrying for health care and assistance, and social networking program costs and interest on government loans increased, while tax revenues fall.
&#8220;We are in an area without a map. In the long term, the U.S. fiscal condition of scary,&#8221; said James Poterba, President of the National Bureau of [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-20" title="US-Economy1.jpg" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/US-Economy1.jpg-300x237.jpg" alt="US-Economy1.jpg" width="300" height="237" /></p>
<p>The future of the United States fiscal spending worrying for health care and assistance, and social networking program costs and interest on government loans increased, while tax revenues fall.</p>
<p>&#8220;We are in an area without a map. In the long term, the U.S. fiscal condition of scary,&#8221; said James Poterba, President of the National Bureau of Economic Research, in an interview with Bloomberg Radio, in Washington, today.</p>
<p>Poterba also taught economics at the Massachusetts Institute of Technology in Cambridge, Massachusetts. Conditions that caused the country&#8217;s voters make the economy as a major concern.</p>
<p>Meanwhile, the government scheduled to enter the state budget bill to Congress this week to be approved or modified. After discussing the budget, U.S. politicians will compete for power in the House and Senate in November.</p>
<p>Based on official government figures, Obama&#8217;s budget proposals for 2011 equivalent to 25.1% of the gross domestic product (GDP). Not much different from the budget the administration of President Ronald Reagan in the 1983 fiscal year reached U.S. $ 808 billion, or 23.5% of GDP.</p>
<p>Reagan&#8217;s proposed budget with the allocation of almost the same as Obama and also takes place during a recession. Meanwhile, in his message to Congress, Obama said solving the unemployment rate last year reached 10%, becomes an urgent priority.</p>
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		<title>ACFTA have an impact on the industry mamin</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/viycksvOVTU/acfta-have-an-impact-on-the-industry-mamin.html</link>
		<comments>http://webodigy.com/acfta-have-an-impact-on-the-industry-mamin.html#comments</comments>
		<pubDate>Tue, 31 Aug 2010 02:10:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=6</guid>
		<description><![CDATA[
The implementation of free market liberalization within the framework of the Asean free trade of China (ACFTA) had an impact on the food and beverage industry (mamin) in the country.
Chairman of the Joint Regulation Division Food and Beverage Entrepreneur Indonesia (Gapmmi) Franky M. Sibarani said until now has not seen ACFTA adverse effects of food [...]]]></description>
			<content:encoded><![CDATA[<p><img class="size-full wp-image-7 alignleft" title="china-economy" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/china-economy.gif" alt="china-economy" width="432" height="251" /></p>
<p>The implementation of free market liberalization within the framework of the Asean free trade of China (ACFTA) had an impact on the food and beverage industry (mamin) in the country.</p>
<p>Chairman of the Joint Regulation Division Food and Beverage Entrepreneur Indonesia (Gapmmi) Franky M. Sibarani said until now has not seen ACFTA adverse effects of food and beverage industry in the country.</p>
<p>Inflow of goods at the port designated as the entrance mamin product imports, according to him, so far still normal and not show an increase in significant quantities.</p>
<p>&#8220;Not to look [impact ACFTA]. Everything is normal,&#8221; he told Bisnis.com, in the office of the Ministry of Trade, today.</p>
<p>Since January 1, 2010, the implementation of market liberalization officially begins. Originally appeared frightened from various industries, the implementation of this market liberalization will erode mastery of the domestic industry market share by products of China</p>
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		<title>Webhosting for Business Website</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/D1R5vMnTtQc/webhosting-for-business-website.html</link>
		<comments>http://webodigy.com/webhosting-for-business-website.html#comments</comments>
		<pubDate>Tue, 24 Aug 2010 15:43:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Company Info]]></category>

		<guid isPermaLink="false">http://webodigy.com/?p=667</guid>
		<description><![CDATA[Many webhosting company mention that their service is the best in handling costumer. Maybe make you confuse, that’s of course you must find and research the suitable web site hosting that will handle tour website.
Especially, when you are going to make website for an institution, foundation or society. There will be a lot of information/database [...]]]></description>
			<content:encoded><![CDATA[<p>Many webhosting company mention that their service is the best in handling costumer. Maybe make you confuse, that’s of course you must find and research the suitable web site hosting that will handle tour website.</p>
<p>Especially, when you are going to make website for an institution, foundation or society. There will be a lot of information/database inside the website that should be protect. The website hosting must have a high priority in protecting the client database. The most important <a href="http://webhostingrating.com/best-hosting-awards/">best webhosting</a> supposed to give support for 24 hours.<br />
The price of its, I think represent how qualify the service that they will be giving, so I dont suggest you to find the cheapest, but find the suitable, the price must be comparable with the services that they will giving.</p>
<p>To research the list of web hosting service you can check <a href="http://webhostingrating.com">webhosting</a> news on  internet search engine, there are listing of reliable website hosting. They actually not only a list but also a rank of website hosting. Beside that, find the forum that talked about webhosting company, if you search in detail you’ll find a group of people that give information or review of their experience in using webhosting company. So check it before you decide to buy. Check out <a href="http://webhostingrating.com/hosting-guide/">webhosting guide</a> for further information</p>
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		<title>25% of Bank of Asia Being Targeted Phishing</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/tgmy8BJ4W8E/25-of-bank-of-asia-being-targeted-phishing.html</link>
		<comments>http://webodigy.com/25-of-bank-of-asia-being-targeted-phishing.html#comments</comments>
		<pubDate>Thu, 12 Aug 2010 19:10:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bank]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=54</guid>
		<description><![CDATA[
The results of the study ReadiMinds said that approximately 25 percent of banks in Asia has become the target of phishing attacks on online banking transactions throughout the year in 2007.
Research firm based in Singapore has said the high number of threats made to a number of security vendors competed to create software that can [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-55" title="cHcS3JZAto" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/cHcS3JZAto-218x300.jpg" alt="cHcS3JZAto" width="218" height="300" /><br />
The results of the study ReadiMinds said that approximately 25 percent of banks in Asia has become the target of phishing attacks on online banking transactions throughout the year in 2007.</p>
<p>Research firm based in Singapore has said the high number of threats made to a number of security vendors competed to create software that can counteract these cyber crimes.</p>
<p>Meanwhile, 25 percent of the numbers presented are based ReadiMinds conducted research on a number of respondent banks in Bangladesh, Cambodia, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. Unfortunately ReadiMinds not explain in detail how much respoden involved in this research.</p>
<p>Of the survey also revealed that approximately 20 percent of the bank had made a very powerful implementation to strengthen their online transactions are done by the method of two-factor authentication (2FA). According to ReadiMinds, how 2FA trend which is now widely used by banks, especially banks that have online transaction services.</p>
<p>While 20 percent of other financial instituasi, as reported by ZDNet, Sunday (6/7/2008), said they had made a number of formal plans to ask the user more aware of this threat to avoid the possibility of theft of your user ID and password to access online bank<br />
Contribute a better translation</p>
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		<title>ADB: Regional Currency Long-Term Issues</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/AlkFofrKZeg/adb-regional-currency-long-term-issues.html</link>
		<comments>http://webodigy.com/adb-regional-currency-long-term-issues.html#comments</comments>
		<pubDate>Thu, 12 Aug 2010 19:10:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=148</guid>
		<description><![CDATA[
Finance Minister Sri Mulyani said the need to remove the dependency on the countries of Asia against the dollar. Responding to that, Rajat Nag, ADB Managing Director General said that the issue of regional currencies is something which can be solved in the long run.
&#8220;In the short term, there are some other things that can [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-149" title="rupiah" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/rupiah-300x252.jpg" alt="rupiah" width="300" height="252" /><br />
Finance Minister Sri Mulyani said the need to remove the dependency on the countries of Asia against the dollar. Responding to that, Rajat Nag, ADB Managing Director General said that the issue of regional currencies is something which can be solved in the long run.</p>
<p>&#8220;In the short term, there are some other things that can be done,&#8221; Nag said in a press briefing on Indonesia, at Surabaya Room, Westin Hotel, Nusa Dua, Bali, Sunday (3/5/2009).</p>
<p>Even so, Nag said, the ADB has several times expressed the need for a regional common currency. According to him, foreign currency such as dollars for it has put pressure on the local currency.</p>
<p>Previously reported, Sri Mulyani said it was time for the Asian region to reduce dependence on the dollar to reduce the pressure on the economy.</p>
<p>While Director of Retail Banking of Bank Mega Kostaman Thayib argues, reliance on the use of the dollar in Asia is still quite large. We have pioneered granted interstate commerce in Asia, especially Southeast Asia, which do not use that currency.</p>
<p>According to him, this time almost all transactions using the dollar currency. In fact, sometimes do not export anything to do with currency Uncle Sam&#8217;s country. By using the local currency, according to him, the currency fluctuations will not be too large.</p>
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		<title>BI Past 13 Banks Close Since 2004</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/lxWvkuocfTg/bi-past-13-banks-close-since-2004.html</link>
		<comments>http://webodigy.com/bi-past-13-banks-close-since-2004.html#comments</comments>
		<pubDate>Mon, 02 Aug 2010 16:08:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bank]]></category>

		<guid isPermaLink="false">http://febfinancenew4.refishowcase.com/?p=41</guid>
		<description><![CDATA[
Jakarta &#8211; Bank Indonesia (BI) recorded as many as 13 banks have been closed since 2004. The bank consists of 4 commercial banks and rural banks 9 (BPR).
In addition only one bank that made the rescue of Century Bank in 2008 due to global crisis conditions.
The statement was made by the Deputy Governor of Bank [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-42" title="55741_logo_bank_indonesia_thumb_300_225" src="http://febfinancenew4.refishowcase.com/wp-content/uploads/2010/02/55741_logo_bank_indonesia_thumb_300_225.jpg" alt="55741_logo_bank_indonesia_thumb_300_225" width="300" height="225" /><br />
Jakarta &#8211; Bank Indonesia (BI) recorded as many as 13 banks have been closed since 2004. The bank consists of 4 commercial banks and rural banks 9 (BPR).</p>
<p>In addition only one bank that made the rescue of Century Bank in 2008 due to global crisis conditions.</p>
<p>The statement was made by the Deputy Governor of Bank Indonesia Budi S Rochadi in RDP with the Commission XI DPR-RI in the House of Representatives-RI, Jakarta, Tuesday (02/02/2010).</p>
<p>&#8220;The experience in Indonesia also shows there have been some banks are experiencing problems and successfully disehatkan, but there are some banks that eventually shut down,&#8221; Budi said.</p>
<p>Since 2004, BI closed bank notes are Asiatic Bank (2004), Bank Dagang Bali (2004), Global Bank (2005).</p>
<p>&#8220;Especially after the 2008 crisis there was a public bank that closed the Bank IFI and one commercial bank which saved the Bank Century,&#8221; he added.</p>
<p>For BPR, there are more Budi 9 banks also closed since 2004.</p>
<p>&#8220;We recorded the number of BI banks that as many as 121 banks still operating. Tuurn amount of 124 banks in 2008,&#8221; said Budi.</p>
<p>A total of 106 banks of which have Capital Adequacy Ratio (CAR) above 12% as of October 2009. &#8220;Of the total number of banks there are 11 banks that still have a core capital below Rp 100 billion,&#8221; he said.</p>
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		<title>Independent &amp; BNI have reserves large enough</title>
		<link>http://feedproxy.google.com/~r/Webodigy/~3/GGlf6vY7Xs4/independent-bni-have-reserves-large-enough.html</link>
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		<pubDate>Mon, 02 Aug 2010 16:08:22 +0000</pubDate>
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Bank Mandiri and BNI has a foreign currency liquidity reserves large enough, each with U.S. $ 2.3 billion and U.S. $ 2.1 billion after demand for foreign currency financing, especially for exports and imports (trade finance) is still relatively low.
Treasury Director of Bank Mandiri Thomas Arifin told liquidity conditions are still very liquid foreign exchange [...]]]></description>
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<p>Bank Mandiri and BNI has a foreign currency liquidity reserves large enough, each with U.S. $ 2.3 billion and U.S. $ 2.1 billion after demand for foreign currency financing, especially for exports and imports (trade finance) is still relatively low.</p>
<p>Treasury Director of Bank Mandiri Thomas Arifin told liquidity conditions are still very liquid foreign exchange with the liquidity reserve of U.S. $ 2.3 billion and a third party foreign currency funds of U.S. $ 4.2 billion. Credit position of $ 3.1 billion of foreign exchange.</p>
<p>&#8220;Credit has not shown an increase in foreign exchange, as well as trade finance activities have not seen a significant increase because companies still tend to use the financing in rupiah,&#8221;<br />
bisnis.com explained to this day.</p>
<p>Thomas expects will be a larger increase in the trade finance market in order to target the distribution of funding could be even greater. This year, Bank Mandiri memiproyeksikan growing range of foreign exchange financing 25% -30%.</p>
<p>Director of Treasury &amp; International BNI Bien Subiantoro express the relative position of excess liquidity of foreign currency (over liquid) with reserves reached U.S. $ 2.1 billion. In fact, he said, the normal position of foreign exchange reserves sufficient funds in the range of U.S. $ 400 million-U.S. $ 500 million.</p>
<p>&#8220;Finally we put the investment in financial markets, because demand has not great. The truth is more secure and able to obtain a higher yield if you can be channeled to the trade<br />
finance to be encouraged this year, &#8220;he explained.</p>
<p>Bien explained the expansion of foreign exchange financing last year is still relatively good, especially after a set of risk management that could ultimately boost foreign currency financing of U.S. $ 5.6 billion in 2008 to U.S. $ 8.6 billion last year. Is targeted for 2010 could reach U.S. $ 10.6 billion.</p>
<p>For most large export financing is still in the agricultural and mining commodities. While imports almost all grown especially for the needs of raw materials such as textiles, machinery, and various areas of manufacturing industry and other sectors.</p>
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		<title>So Telkom Most Trusted Company</title>
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		<pubDate>Mon, 19 Jul 2010 04:59:31 +0000</pubDate>
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				<category><![CDATA[Company Info]]></category>

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Telkom was selected as The Most Trusted Company based on a survey of Good Corporate Governance Perception Index 2008 (CGPI 2008) by The Indonesian Institute for Corporate Governance (IIGI) and SWA Magazine Sembada (SWA).
Vice President of Public and Marketing Communication Telkom, Eddy Kurnia said, Most Trusted Company predicate that is attached to the Telkom into [...]]]></description>
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Telkom was selected as The Most Trusted Company based on a survey of Good Corporate Governance Perception Index 2008 (CGPI 2008) by The Indonesian Institute for Corporate Governance (IIGI) and SWA Magazine Sembada (SWA).</p>
<p>Vice President of Public and Marketing Communication Telkom, Eddy Kurnia said, Most Trusted Company predicate that is attached to the Telkom into evidence the company is hard work.</p>
<p>Telkom considered as a company that can show the infrastructure and corporate governance system is good and meets the general principles of Good Corporate Governance (GCG). The GCG elements included the transparency, accountability, responsibility, independence and fairness. This was supported also by other factors such as commitment, teamwork, leadership, competence, moral values, ethics and vision and mission.</p>
<p>Telkom, according to Eddy in the official statement Sunday (27/12/2009) always apply the principles of GCG in every step of the company.</p>
<p>&#8220;GCG related to our bottom line. If GCG good, transparent and accountable in every step that is Telkom, which means that Telkom can make a profit. On average, Telkom shareholders are long term institutional shareholders of the segment. They believe that our bottom line reporting in accordance with reality, &#8220;said Eddy.</p>
<p>Telkom is long enough to apply the GCG. GCG usually applied only at the level of Board of Director, while Telkom has reached the lowest level of management. For example, for Telkom&#8217;s financial statements audited by independent auditors.</p>
<p>CGPI 2008 survey of 20 companies consisting of the issuer, state enterprises, enterprises and other private companies. Based on 12 aspects of the set as a benchmark assessment, CGPI 2008 to determine the five companies that successfully obtain the rank Very Reliable, 13 companies have trusted ratings and 2 companies ranked trusted enough.</p>
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