Edisi 05 Oktober 2011 | International Bali Post

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World junior professional surfers compete in Bali

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16 Pages Number 204 3st Year Price: Rp 3.000,-

e-mail: info_ibp@balipost.co.id online: http://www.internationalbalipost.com. http://epaper.internationalbalipost.com.

Wednesday, October 5, 2011

PAGE 8

Review: Jackman’s ‘Real Steel’ is scrap metal PAGE 12

FOTO ANTARA/Nyoman Budhiana

Finance Minister Agus D.W. Martowardojo (right) talks with Secretariat General Deputy of Organisation For Economic Cooperation and Development (OECD), Richard Boucher during the opening session of Asian Roundtable on Corporate Governance at Nusa Dua, Bali.

Indonesia free from impact of European debt crisis WEATHER FORECAST CITY

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Mangupura (Bali Post)—

By maintaining the security stability and complying with the practices of corporate governance in accordance with the applicable international standards, Indonesia is believed not to be affected by the debt crisis happening in the European countries. It was revealed in the 2011 Asian Roundtable on Corporate Governance (ARCG) organized in Nusa Dua, Monday (Oct 3). This event involved 34 countries and was supported by 2,500 staff. Finance Minister of the RI Agus Martowardojo after the opening speech of the conference said that Indonesia should be able to maintain the security stability and the economic stability. By doing so, the impact of crisis in Europe would not spread up to Indonesia. “On that account, the good corporate governance would not be affected by the debt crisis engulfing the European countries today,” he said. The crisis occurred in Europe, according to Martowardojo, was a result of inadvertent debt and fiscal management causing the quality deterioration in the financial system and the crisis of confidence. Therefore, it was required the good corporate governance. “Over the past 10 years we have built corporate

governance, not only in private but also in government sector. I have great confidence if we will not be affected because our trading partners lead to the market of Japan, China, Korea and India and no longer to Europe and the United States,” he said. Alluding to the ARCG event first held in 1999, he said it denoted a regional forum to share experiences and develop the practice of corporate management by introducing the use of the Organization for Economic Cooperation and Development (OECD). “Here we promote policies that can improve the economic conditions and social welfare all over the world. Similarly, it is also to realize the strong, clean and fair world’s economy,” he explained. Continued on page 6

At least 65 dead in Mogadishu blast Reuters

MOGADISHU - An explosion outside government buildings in Mogadishu Tuesday killed at least 65 people and wounded 50, the coordinator of the capital’s ambulance service said. “We have carried 65 dead bodies and 50 injured people,” Ali Muse told Reuters. “Some are still lying there. Most of the people have burns.” He said students, soldiers and civilians were among the dead.


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