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View all search resultsWaste is gold: When pawnshop meets waste bank
People collect recyclable items and have them weighed at the local waste bank every Tuesday.
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Activities are carried out at a waste bank in Depok, West Java. (Gone Adventurin/File)
P
eople living in North Jakarta have noticed an unlikely business thriving in their neighborhood – trading in household waste for gold.
Does this sound too good to be true? The neighborhood of Wijaya Kusuma neighborhood is enjoying the gold rush.
Resident Sulistiyowati Soepomo has embraced a new adage: The more recyclable items like plastic bottles, paper and metal you collect, the more gold awaits you.
It's a new business opportunity initiated by the government involving the community, neighborhood waste bank and public pawnshop PT Pegadaian.
