{
    "success": true,
    "data": {
        "id": 1001580,
        "msgid": "gold-certification-agency-planned-1447893297",
        "date": "1994-11-10 00:00:00",
        "title": "Gold certification agency planned",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Gold certification agency planned JAKARTA (JP): The government is preparing for the establishment of an accreditation agency which will be authorized to determine the quality of gold products in Indonesia, a minister said. \"People still have varying perceptions about the quality and purity of gold. That is why there should be an authorized agency for gold accreditation,\" Minister of Industry Tunky Ariwibowo told reporters after opening a seminar on the gold industry yesterday.",
        "content": "<p>Gold certification agency planned<\/p>\n<p>JAKARTA (JP): The government is preparing for the<br>\nestablishment of an accreditation agency which will be authorized<br>\nto determine the quality of gold products in Indonesia, a<br>\nminister said.<\/p>\n<p>\"People still have varying perceptions about the quality and<br>\npurity of gold. That is why there should be an authorized agency<br>\nfor gold accreditation,\" Minister of Industry Tunky Ariwibowo<br>\ntold reporters after opening a seminar on the gold industry<br>\nyesterday.<\/p>\n<p>He said business people dealing with gold jewelry will be able<br>\nto obtain certificates stating the quality of their products.<\/p>\n<p>\"This will lead to a standardization of the country's bullion<br>\nindustry. The government has not yet decided the form of the<br>\nagency,\" he said.<\/p>\n<p>Meanwhile, chairman of the Indonesia chapter of the World Gold<br>\nCouncil, Leo Hadi, said gold jewelry produced in Indonesia from<br>\ndifferent levels of quality have different percentages of purity.<\/p>\n<p>\"Some producers make jewelry with gold contents of 60 percent<br>\nand others with 58 percent,\" he said.<\/p>\n<p>Leo said such situations create unfair competition among gold<br>\nproducers.<\/p>\n<p>Tunky said the country's gold products are still poorly<br>\ndesigned, as compared to those produced by other countries.<\/p>\n<p>\"Our designs are often out of date,\" he said, adding that<br>\nIndonesia, therefore, needs a vocational school designed to<br>\ncreate skillful gold jewelry designers.<\/p>\n<p>If necessary, overseas institutes can be invited to help<br>\nestablish such a school in Indonesia, Tunky was quoted by the<br>\nAntara news agency as saying.<\/p>\n<p>Leo said that domestic demand for gold is expected to increase<br>\nfrom 80 tons in 1993 to 95 tons this year. One kilogram of gold<br>\ncurrently costs Rp 27 million (US$12,345).<\/p>\n<p>The country's gold exports reached Rp 317 million last year.<br>\nDuring the first six months of this year, exports reached Rp 500<br>\nmillion.(icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/gold-certification-agency-planned-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}