Latest news and articles about cooperatives from NEX English
Indonesian Minister of Cooperatives, Ferry Juliantono, announced President Prabowo Subianto's plan to operate around <strong>30,000 cooperatives</strong> by July <strong>2026</strong> to boost the local economy. This initiative aims to support economic development in rural areas.
The Indonesian government has signed an agreement with BPJS to provide social security for workers in local cooperatives, aiming to strengthen workers' rights and improve working conditions. This initiative is part of the government's efforts to enhance the role of cooperatives in job creation.
Indonesian Minister of Rural Development Yandri Susanto emphasized the crucial role of village coordination councils in enhancing local development during the 27th anniversary celebration of the council in Jakarta. He stressed the need for collaboration among various entities to ensure sustainable development.
In a move to bolster the local economy, 20 pickup SUVs were delivered to 20 cooperatives in Karawang, Indonesia, under the supervision of the Military Command 0604. This initiative aims to enhance local cooperatives' ability to provide better services to communities.
Lembaga Pengelola Dana Bergulir (LPDB) announced plans to enhance joint financing between cooperatives and banks to improve access to funding for local cooperatives in Indonesia. This initiative is part of the government's efforts to boost the local economy and support small projects.
Recent social media claims suggested that the Indonesian parliament approved the closure of Alfamart and Indomaret stores to support local cooperatives. However, investigations revealed that this information is false.
Expert Tajuddin Noor Ifendi announced the establishment of red and white cooperatives in Indonesia, aiming to create around 400,000 job opportunities by 2026. These initiatives are designed to improve the economic situation in rural areas.
The local government of Bulungan, led by Bupati Syarwani, fully supports the success of the Merah Putih cooperative program, emphasizing the importance of digital transformation in financial transactions to enhance security and transparency.
Indonesian Minister of Cooperatives, Ferry Juliantono, affirmed that Koperasi Merah Putih in East Nusa Tenggara will play a vital role in enhancing the local economy. This statement was made during his visit to the cooperative in Kupang, emphasizing the need to redefine the role of cooperatives.
Indonesian Minister of Cooperatives, Teten Masduki, has joined Koperasi Merah Putih in Kupang as an extraordinary member, contributing <strong>50 million rupiah</strong>. This initiative is part of the government's efforts to enhance cooperatives as a means to support the local economy.
The Cooperative Department in Indonesia has reported a notable advancement in the KDMP store development project, achieving 47.3% of its target. This progress is part of the government's efforts to enhance the cooperative sector in the Bangka Belitung Islands.
The head of Indonesia's poverty eradication agency, Budiman Sudjatmiko, announced the launch of the 'Free Nutritious Food' program aimed at enhancing food security amid global crises. The initiative will facilitate the distribution of essential needs in collaboration with local cooperatives.
Indonesian Minister of Cooperatives, Ferry Juliantono, confirmed that the government aims to finalize the National Cooperative Law this year, reflecting its commitment to enhancing the role of cooperatives in the national economy. The new law seeks to update the legal framework for cooperatives in line with economic developments.
The Bogor government in Indonesia has announced the initiation of a digital project aimed at improving the efficiency of local cooperatives through training in digital marketing. This program is a strategic step to keep pace with technological advancements.
The Indonesian government has announced the provision of loans at a 6% interest rate through the Merah Putih Village Cooperative, aimed at combating lender exploitation. Additionally, free meals will be provided to students only during school days.
The Sharjah Cooperative Assembly has approved a 20% profit distribution to shareholders, reflecting the cooperative's strong financial performance over the past year. This decision aims to enhance transparency and member engagement.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced a new initiative aimed at enhancing the protection of women and children in local communities by equipping cooperatives with complaint centers. This step is part of the government's efforts to empower women and improve their social and economic conditions.
Indonesian Food Coordination Minister Zulkifli Hasan announced that Merah Putih Cooperatives will serve as the primary means for distributing social aid to millions of citizens. This initiative aims to enhance the local economy and improve living standards in rural areas.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced the provision of low-interest loans at <strong>6%</strong> annually through local cooperatives. This initiative aims to protect citizens from exploitation by loan sharks and online loans, enhancing the local economy and supporting vulnerable groups.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced the distribution of trucks and pickups imported from India to enhance the operations of the Merah Putih Cooperative. A total of 105,000 units will be delivered to improve the cooperative infrastructure across the country.
Indonesian Minister of Cooperatives, <strong>Ferry Juliantono</strong>, expressed his hope for major cooperatives like <strong>Indonesian Cooperative Pelabuhan</strong> to become the 'big brother' to smaller cooperatives. His remarks in <strong>Surabaya</strong> highlighted the importance of mutual support among cooperatives to enhance the local economy.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced the initiation of 34,000 new sales points across the country, with 2,500 already completed. This initiative aims to enhance the role of cooperatives in supporting the local economy and providing essential goods.
Indonesian Minister of Cooperatives, Ferry Juliantono, announced an innovative project to build vertical cooperative buildings, addressing urban land shortages. This initiative was revealed during his visit to Bandung, emphasizing the need for 1,000 square meters per cooperative unit to ensure sustainability.
Indonesian Minister of Cooperatives, Ferry Juliantono, urged major cooperatives to boldly expand their activities in strategic economic sectors to enhance national economic sovereignty. This call was made during the annual general meeting of cooperatives in Surabaya.