
11.12.06
Shippers demand compensation for war losses
ISC chairman claims that the war risk surcharges, the shifting of trucks from Haifa to Ashdod, due to the closure of the port of Haifa as well as the extra storage costs, are estimated to be around NIS90 millions

04.12.06
El Al quarterly profit falls
El Al’s revenue in the quarter fell 8% from the corresponding quarter to $447 million which it attributes to a 31% drop in incoming tourism during the quarter

27.11.06
Export growth slowed down considerably in Aug-Oct 2006
The CBS also noted that in January-October Israel had a trade deficit of $3.5 billion with the EU and a positive trade balance of $3.4 billion with the US

27.11.06
Tax Commissioner: 2006 will be a record year for state revenue
In the first 10 months of 2006, state revenue from taxes reached more than NIS 147 billion, compared to more than NIS 133.4 billion in the same period of 2005

20.11.06
CBS: Economy shrank by 1.4% in Q3
According to the Central Bureau of Statistics Business product fell by an annualized 5.6%, after rising by 7.9% in the previous quarter. Exports of goods and services fell 19.8%

13.11.06
Manufacturers Association: high-tech exports down 3% in July-September
Total industrial exports, excluding diamonds, fell by 2.5% to $7.2 billion during the same period, due mainly to plant closures in the north of Israel and a partial closure of Haifa port

06.11.06
Haifa Port president: port lost NIS 60m because of war
Haifa Port lost NIS 35 million in revenue and in addition, had to pay port employees over NIS 12 million in premiums, even though they did not turn out to work

31.10.06
BOI: State of Economy Index - economic expansion has returned to the rate before the war
The increase in the State of Economy Index for July was revised upwards from 0.2% to 0.4%, and revised upwards for August from 0.3% to 0.5%
More news from לבנון Section
>CBS: Incoming tourism is recovering slowly/31.10.06
>MAI: Industrial exports fell by 3% during July-August/23.10.06
>El Al's costs cutting policy- restructuring top management & dismissal of employees/23.10.06
>CBS: Imports recovered after second Lebanon war in July-August/16.10.06
>“Euromoney” ranked Israel in 40th place among 185 countries/16.10.06
>Ministry of Finance rejects El Al's request for war compensation/16.10.06
>Manpower: demand for workers up 10% in September/16.10.06
>OECD- Israel places seventh for growth compared to 30 of the organization members/09.10.06
>Orian celebrated the merged Schenker and BAX Global operations/09.10.06
>Civil Aviation Authority: Air travel down 6% in August compared to last year/25.09.06