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COPYRIGHT 2001 Asia Pulse Pty Ltd
Business in Asia on Feb 5, 2001. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
S KOREA'S CONSUMPTION TAX COLLECTION FALLS SLIGHLTY IN 2000
SEOUL - South Korea collected less in consumption taxes last year than it did in 1999 because of the economic downturn, the National Tax Service said. The government collected 10.54 trillion won (US$8.41 billion) in traffic, special excise taxes and liquor taxes in the first 11 months of last year, down 2.3 percent compared to the 10.79 trillion won collected during the same period the year before. The tax service said the drop was caused by decreased consumer activity following Daewoo Motor's bankruptcy, the fall in semiconductor prices and unstable oil prices.
JAPANESE GOVT TO SET UP ROADSIDE AIR POLLUTION MONITORING STATIONS
TOKYO - The Ministry of Land, Infrastructure and Transport said it will start setting up air pollution monitoring stations from fiscal 2001 along national roads under its direct control. By fiscal 2005, the ministry plans to set up more than 100 stations to monitor items such as the amount of suspended particulate...
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