ANZ says it will open another 10 branches in Indonesia by the end of next year.It is launching two branches today in the country's second biggest city of Surabaya.The bank now has seven branches in Indonesia, which it says is one of its highest priorities in its Asia Pacific expansion plans.

Mustaqim Adamrah, The Jakarta Post, JakartaIndia and the EU are requesting clarification from Indonesia's Industry Ministry over plan to scrap the value-added tax (VAT) on locally manufactured raw materials.