{
    "success": true,
    "data": {
        "id": 9028,
        "msgid": "govt-considers-ipo-for-pawnbroker-1203304657",
        "date": "2008-02-18 10:17:37",
        "title": "Govt. considers IPO for pawnbroker",
        "author": "",
        "source": "GOI",
        "tags": "business",
        "topic": null,
        "summary": "The government is considering turning the country's state-owned pawnbroker into a limited company ahead of a possible partial privatization, the Financial Times reported Monday (11\/2\/08). Some 23 million Indonesians used Pegadaian last year to take out Rp23,300 billion ($2.5 billion) in loans ranging from Rp20,000 to billions of rupiah. The company reported pre-tax profits of Rp610 billion in 2007, up 22% on 2006, which in turn was up 52% on 2005.",
        "content": "<p>The government is considering turning the country's state-owned pawnbroker into a limited company ahead of a possible partial privatization, the Financial Times reported Monday (11\/2\/08).<br>\n <br>\nSome 23 million Indonesians used Pegadaian last year to take out Rp23,300 billion ($2.5 billion) in loans ranging from Rp20,000 to billions of rupiah.<br>\n <br>\nThe company reported pre-tax profits of Rp610 billion in 2007, up 22% on 2006, which in turn was up 52% on 2005. In 2006 Pegadaian had assets of about Rp6,000 billion.<br>\n <br>\n\"Pegadaian certainly has great potential so we're keen to restructure it,\u201d said state-owned enterprises minister Sofyan Djalil.<br>\n <br>\nLast year Pegadaian began working with US financial services company Western Union to provide an additional outlet for Indonesian workers overseas to send money home.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/govt-considers-ipo-for-pawnbroker-1203304657",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}