Indonesian Cooperatives See Major Transactions
4 articles from 1 country
Indonesian village cooperatives, known as Koperasi Desa/Kelurahan Merah Putih, recorded Rp 56.8 billion in transactions in 2026, with fertilizer being the top-selling product. The government aims to establish 35,000 such cooperatives by August to boost village economies and shorten distribution chains. However, concerns have been raised regarding the program's superficiality and the need for stricter oversight.
Indonesian Village Cooperatives See Rp 56.8 Billion in Transactions, Fertilizer Tops Sales
- Cooperatives in Indonesia, known as Koperasi Desa/Kelurahan Merah Putih (KDKMP), recorded transactions totaling Rp 56.8 billion in 2026. - Fertilizer emerged as the top-selling commodity, with NPK Phonska fertilizer alone generating Rp 15.09 billion in sales. - The government aims to strengthen KDKMP's role as a distribution hub for subsidized goods like fertilizer, cooking oil, rice, and LPG.
Indonesia Targets 35,000 Village Cooperatives by August, Minister Details Operational Sectors
- Indonesia aims to establish 35,000 village cooperatives by August. - These cooperatives, initiated by President Prabowo, will focus on operational sectors. - The initiative seeks to strengthen villa…
Village Cooperatives: A Superficial Solution?
- The Indonesian government has high hopes for the Village Red and White Cooperative (KDMP) to drive village economies and shorten distribution chains. - However, the article questions whether coopera…
Indonesian Lawmaker Urges Stricter Oversight for Village Cooperatives Program
- A member of the Indonesian House of Representatives, Habib Idrus Aljufri, urged the Financial and Development Supervisory Agency (BPKP) to closely monitor the Village Red and White Cooperative progr…