BOL: The shekel completes one year in the CLS system
15.06.09
BOL: The shekel completes one year in the CLS system
The Shekel became one of 17 leading currencies for which foreign exchangetransactions can be settled on a global risk free basis
Israeli suit manufacturer Bagir: successful production story in Egypt
15.06.09
Israeli suit manufacturer Bagir: successful production story in Egypt
Half of what Bagir manufacturers in Port Said is exported to the United States with the other 50% going to the UK market
Israel Corp. lends Zim US$ 50M
08.06.09
Israel Corp. lends Zim US$ 50M
The US$50 million long term loan is part of US$150 million in support that the parent company promised to its shipping subsidiary this year
Uriel Lynn
08.06.09
Chambers of Commerce quitted EOLC
Uriel Lynn noted the package deal will have negative effect on the business sector and predicted that over 49,000 businesses would close this year
Motor Vehicles Importers Association: Car sales up compared to April
08.06.09
Motor Vehicles Importers Association: Car sales up compared to April
In total 60,478 new vehicles were delivered in January-May 2009, 37% fewer than in the corresponding period of 2008
Bank Hapoalim: Consumer confidence up
08.06.09
Bank Hapoalim: Consumer confidence up
The increase can be attributed to a positive trend being seen in consumer studies not only in Israel but also around the world
Knesset Finance Committee approved NIS 5 billion gov't guarantees to Exporters
08.06.09
Knesset Finance Committee approved NIS 5 billion gov't guarantees to Exporters
The government will provide NIS 4 billion in guarantees to insure short-term export contracts of up to one year and NIS 1 billion in guarantees for carrying out export contracts
USDA decided to allow imports of fresh eggplant from Israel
08.06.09
USDA decided to allow imports of fresh eggplant from Israel
The eggplant must be grown under a systems approach that includes requirements for pest exclusion at the production site and fruit fly trapping