C.A.L. cargo airlines nominated last week three new deputies to the company director general. The decision to nominate the three was taken by the chairman Mr. Eitan Ben – David, deputy chairman Mr. Shmuel Berkowitz and director general Mr. Izhak Tuvali.

Industry, Trade and Labor Minister Ehud Olmert will visit South Korea and Hong Kong later this month. In a press release the ministry said last Wednesday that the minister will be accompanied by representatives of communications and remote learning compan

The Ministry of Finance Accountant General announced last week that the Government's budget deficit totaled NIS 20.4 billion in 2004, 3.9% of GDP

The Central Bureau of Statistics ( CBS) reported last week that Israel's GDP rose by 4.2% in 2004. The CBS said in an end of year statement that the GDP was slightly higher than previously forecasted

Port of Haifa container terminal managed, during the first ten months of 2004, to break the 2003 container movement record. The 2003 record was set at TEU 1,022,000. The port management expects total container movement in 2004 to be TEU 1,035,000

The Central Bureau of Statistics ( CBS ) reported last week that Israel's terms of trade deteriorated by a further 1.7% in the third quarter of 2004, following 1% deterioration in the second of 2004

Israel and China set last week a joint bilateral trade target of US$5 billion by 2008. The bilateral trade target was set in Jerusalem by Minister of Industry, Trade, and Labor Mr. Ehud Olmert and Chinese Deputy Prime Minister Mr. Tang Jiaxuan

The chairman of the trade committee of the OECD had invited Israel to participate, on an ad hoc basis, as an observer in trade discussions