Israel's Monetary Committee keeps the benchmark interest rate for April 2016 unchanged at 0.1%
Industry & Trade Economy
03.04.16
Israel's Monetary Committee keeps the benchmark interest rate for April 2016 unchanged at 0.1%
In citing the reasons, Bank of Israel said, "The inflation environment remained low this month as well against the background of price reductions initiated by the government"
Bank of Israel: investment of foreign exchange reserves in 2015 hit new record
Industry & Trade Economy
27.03.16
Bank of Israel: investment of foreign exchange reserves in 2015 hit new record
The foreign exchange reserves at the end of 2015 stood at a record US$90.6 billion, up US$4.5 billion over the course of the year
CBS: January-February recorded a 4% increase in tourist person-nights in Israeli hotels
Industry & Trade Economy
27.03.16
CBS: January-February recorded a 4% increase in tourist person-nights in Israeli hotels
Tourism Minister instructed an increase in marketing efforts and in recent months there has been a significant increase in incoming tourism from markets such as China and India
Ten Israeli companies account for 51% of exports
Industry & Trade Trade
27.03.16
Ten Israeli companies account for 51% of exports
According to a report by the Israel Export and International Cooperation Institute, concentration in 2015 in exports was the highest yet recorded
Israel’s trade deficit in goods for February totaled NIS 5.4 billion
Industry & Trade Trade
27.03.16
Israel’s trade deficit in goods for February totaled NIS 5.4 billion
Export of goods for the month totaled NIS13.5 billion; 33% were to EU countries, 28% to USA, 20% to Asian countries and 19% to other countries
Israel Tax Authority wants Amazon, other overseas online firms, to pay 17% VAT on digital products
Industry & Trade Economy
20.03.16
Israel Tax Authority wants Amazon, other overseas online firms, to pay 17% VAT on digital products
The rules do not apply to physical products ordered online, which are, as per Israel’s trade agreement commitments, tax-free for the first US$75
CBS: Israeli economy grows by 2.5% in 2015, the lowest in six years
Industry & Trade Economy
20.03.16
CBS: Israeli economy grows by 2.5% in 2015, the lowest in six years
The report found that while the economy grew by 3.3% in 2013 and by 2.6% in 2014, growth rates in 2015 were the lowest in six years
Israel: World’s 11th Happiest Country
Industry & Trade Economy
20.03.16
Israel: World’s 11th Happiest Country
The report, based on an analysis of data from the Gallup World Poll, showed Syria, Afghanistan and eight sub-Saharan countries as the 10 least happy places on earth to live
More news from Industry & Trade Section
>Central Bureau of Statistics: Israel's February CPI down 0.3%/20.03.16 >Israel Embassy in Minsk, Belarus, to remain open /20.03.16 >Israel's foreign trade February: trade deficit in goods totaled NIS 2.2 billion/20.03.16 >PM Netanyahu calls for free market reforms/13.03.16 >Average salaries in Israel in 2015 up 2.3% from the end of 2014/13.03.16 >Bank of Israel: Israel’s foreign exchange reserves hit new record/13.03.16 >Israel donates a mobile water purification vehicle to drought-stricken Papua New Guinea/13.03.16 >IEICI: 2015 - Israeli exports to Asia up, Europe down/13.03.16 >Israeli-Japanese agreement will promote economic cooperation between Israel and Kansai commercial region/13.03.16 >Israeli Government gave green light to negotiate conveying natural gas from Leviathan to Gaza Strip/06.03.16