Indonesia
Archipelago
Earlier this month, a Red and White Cooperative in Melawai, South Jakarta, drew public attention after reports showed it had generated only Rp 78,000 (US$4.34) in profit after six months of operations, despite receiving capital of Rp 3 billion.
Three children walk past a Red and White Cooperative outlet on July 11 that has yet to begin operations in Ternate, North Maluku. The Indonesian government aims to have 40,000 cooperatives operating by the end of 2026 as part of efforts to strengthen rural economies, complete cooperative facilities and prepare professional staff to manage the program. (Antara/Andri Saputra)
Just five months after their launch, two Red and White Cooperatives in Batam have temporarily halted operations because of limited capital, raising concerns over the long-term sustainability of President Prabowo Subianto’s flagship cooperative program.Riau Islands Cooperatives, Small and Medium Enterprises (UKM) Agency head Riki Rionaldi said the affected cooperatives are located in Buluh island, Batam, and Kijang Kota subdistrict in Bintan regency.
