17.01.05
2004 trade deficit up to $6.8 billion
Israel's trade deficit for 2004 increased sharply to $6.8 billion, $981 million, or 16.9%, more than in 2003. The country imported goods worth $40.5 billion and exported $33.7 billion last year
17.01.05
Polished diamond exports leaped 14.4% imports up
According to the diamond supervisor of the Trade and Industry Ministry, Shmuel Mordechai Israel exported last year $6.3 billion of polished diamonds
17.01.05
2004 - 35% increase in industrial exports to South Korea
Following three years of continuous slow down in exports to South Korea exports, excluding diamonds, in 2004 was up by 35% to $370 millions. High -Tech exports was up by 59%
17.01.05
S&P upgrades israel’s credit rating outlook from “negative” to “stable”
The Minister of Finance, Benjamin Netanyahu, informed the Government today that the Standard & Poor’s Rating Services has upgraded its outlook on the State of Israel from “negative” to “stable"
17.01.05
Kobi Haber: In 2005, NIS 2.2 billion will be allocated for disengagement
According to Budget Director Kobi Haber, the total cost of the disengagement plan will be approximately NIS 5 billion—NIS 2 billion for the security forces (IDF and police) and the rest for compensating residents and owners of businesses in the Erez indus
10.01.05
Brosh elected to head Manufacturers Association
The chairman of the Israel Export Institute Mr. Shraga Brosh, was elected last week as the new president of the Manufacturers Association. Mr. Brosh replaced Mr. Oded Tyrah, who completed six years in the post
More news from Industry & Trade Section
>Tyrah: in 2005 economy will grow 3.8%, and unemployment will be leveled at 10%/10.01.05
>Olmert to visit Korea and Hong Kong/10.01.05
>2004 budget deficit - 3.9% of GDP/10.01.05
>Knesset finance committee approved parity for diesel and gasoline tax/10.01.05
>2004 GDP - 4.2% growth/03.01.05
>CBS : Israel's terms of trade deteriorated 1.7% in Q3/03.01.05
>Israel and China: $5b annual trade by 2008/03.01.05
>Israel was invited as an observer to OECD trade committee/03.01.05
>On the Threshold of 2005 – 6,862,000 Residents in the State of Israel/03.01.05
>Ministerial Privatization Committee Approves Proposal to Privatize Israel National Oil Refineries Co/03.01.05