![]() This coalition of interests, in a sense, mirrors the consensus-based approach of Javanese society. This in effect neutralized the opposition. When he was re-elected for a second term in 2019, one of Jokowi’s first moves was to reach out to the candidate he had defeated in bitter elections in 20, former general Prabowo Subianto, and appoint him defence minister. Jakarta is back to its natural state of seeming like a giant car park of mostly immobile cars amid gleaming skyscrapers and wonderful tropical topiary. The economy shrunk by just 2.1% in 2020, despite its dependence on tourism, and will likely grow by 5.2% this year. It chose not to impose a national lockdown, leaving it largely to regional governments to respond when cases rose. Indonesia did better than expected in coping with the pandemic, both in health terms and in containing economic damage. ![]() Meet the risky investor: Equity Intelligence’s Porinju Veliyath ![]() Why market is unimpressed by Torrent’s Curatio deal Why the wait for new trade policy just got longerīusted: The myth of India decoupling from global markets
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