cooperatives

Latest news and articles about cooperatives from NEX English

Launch innovative program to tackle food crises in Indonesia

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.

Indonesia Announces National Cooperative Law to Boost Economy

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.

Launch Digital Project to Enhance Cooperatives in Bogor, Indonesia

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.

Launch low-interest loans to combat lender exploitation in Indonesia

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.

Approve 20% Profit Distribution from Sharjah Cooperative Assembly

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.

Launch initiative to enhance protection for women and children in Indonesia

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.

Launch Merah Putih Cooperatives to Distribute Social Aid in Indonesia

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.

Launch Low-Interest Loans at 6% to Combat Loan Sharks in Indonesia

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.

Distribute Trucks and Pickups from India to Support Indonesian Cooperatives

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 Calls for Greater Cooperation Among Cooperatives

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.

Indonesia Announces Construction of 34,000 New Sales Points

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.

Launch vertical cooperative project to tackle urban land shortages

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.

Encourage Indonesian Cooperatives to Expand in Strategic Sectors

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.