Value-Added Tax (VAT) reduced by 0.5% to 16%
Industry & Trade
04.01.10
Value-Added Tax (VAT) reduced by 0.5% to 16%
The Treasury believes the move will "encourage market growth and the lower socioeconomic tier's buying power
Israel's economic growth in 2009 beats even optimistic forecast
Industry & Trade
04.01.10
Israel's economic growth in 2009 beats even optimistic forecast
In the third quarter, the economy expanded an annualized 3%, while from April to June it grew 1.1%
Stanley Fischer, Bank of Israel
Industry & Trade
04.01.10
Israel's Central bank raises key interest rate 25 BPs to 1.25%
The bank raised the rate due to "more firmly based" economic growth and because of annual inflation above the Government's target range
FICC: Exports of services dropped 11%
Industry & Trade
28.12.09
FICC: Exports of services dropped 11%
Exports within the transportation sector, which includes shipping services plunged 39% to US$2.4b. Imports of services fell 14%
CBS: Israel industrial output up 2.3% in October
Industry & Trade
28.12.09
CBS: Israel industrial output up 2.3% in October
Despite the ongoing growth in industrial production the number of workers employed in the industry has dropped an annual rate of 1.2%
Steinitz: Israel may beat growth and deficit estimates
Industry & Trade
28.12.09
Steinitz: Israel may beat growth and deficit estimates
Israel’s Finance Minister noted that growth is likely to exceed the Bank of Israel’s Sept. 1 forecast of 2.5%
Israel, Taiwan signed agreement on avoidance of double taxation
Industry & Trade
21.12.09
Israel, Taiwan signed agreement on avoidance of double taxation
Taiwan and Israel signed an agreement on mutual assistance and cooperation in customs affairs in June this year
CBS: Imports from the USA continue to decline on November
Industry & Trade
21.12.09
CBS: Imports from the USA continue to decline on November
Import of goods totaled US$4.7 billion, exports of goods totaled US$4.5 billion and the trade deficit totaled US$0.2 billion
More news from Industry & Trade Section
>US aid to Israel in fiscal year 2010 at $2.775b/21.12.09 >State of the Economy Index rose 0.6% in November/21.12.09 >IMF's report: Israel gaining safe haven status/21.12.09 >OECD secretary-general to visit Israel in January/21.12.09 >Israel's Unemployment claims down 3%/14.12.09 >Easing of Israel’s Gaza blockade enables flower farmers to export to Europe/14.12.09 >BOL may raise economic growth forecast/07.12.09 >Israel & Russia form agricultural cooperation agreement/07.12.09 >IMF delegation in Israel to learn how Israel successfully coped with the crisis/07.12.09 >Bank of Israel raises key rate to 1% amid economic rebound/30.11.09