CBS: GDP fell 3.9% in first quarter of 2009
Industry & Trade
22.06.09
CBS: GDP fell 3.9% in first quarter of 2009
The drop in GDP in the first quarter of 2009 reflects a 37% drop in exports of goods and services, as well as a drop in investments
Bank of Israel: Foreign currency surplus hits US$47.5B
Industry & Trade
22.06.09
Bank of Israel: Foreign currency surplus hits US$47.5B
The Bank of Israel has been buying US dollars in an attempt to stabilize the ever-fluctuating currency and to increase its foreign currency balance
Bank Hapoalim: PMI indicates recession moderating
Industry & Trade
22.06.09
Bank Hapoalim: PMI indicates recession moderating
The PMI index rose last month by 7.1% to a level of 42.6%. Economists at Bank Hapoalim: indices pointing to stabilization and perhaps a turning point
Global Corruption Barometer 2009: Israel number 33 in the international corruption league
Industry & Trade
15.06.09
Global Corruption Barometer 2009: Israel number 33 in the international corruption league
This is a drop of three places for Israel since the last ranking. Qatar, Portugal and Cyprus were ranked as less corrupt than Israel
May 2009: Israel's trade deficit narrows
Industry & Trade
15.06.09
May 2009: Israel's trade deficit narrows
CBS noted that figures of trade of goods in May was strongly influenced by changes in the value of the dollar against other currencies
BOL: The shekel completes one year in the CLS system
Industry & Trade
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
Tel Aviv 24th most expensive city in world to live in
Industry & Trade
15.06.09
Tel Aviv 24th most expensive city in world to live in
Tel Aviv climbed sharply to the 24th place from the 38th place in 2008. Jerusalem has also become a more expensive city to live in, moving up 12 spots to the 27th place
Israeli suit manufacturer Bagir: successful production story in Egypt
Industry & Trade
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
More news from Industry & Trade Section
>Chambers of Commerce quitted EOLC/08.06.09 >Motor Vehicles Importers Association: Car sales up compared to April/08.06.09 >Bank Hapoalim: Consumer confidence up/08.06.09 >Knesset Finance Committee approved NIS 5 billion gov't guarantees to Exporters/08.06.09 >USDA decided to allow imports of fresh eggplant from Israel/08.06.09 >Economists: Unemployment rate to reach 9% by the end of 2009/08.06.09 >Israel joins OECD Anti-Bribery Convention/01.06.09 >Bank of Israel leaves interest rate at record low/01.06.09 >Secretary General OF WCO visited Israel/01.06.09 >Global survey: Israel is No. 24 in competitiveness/25.05.09