Front > ECONOMY

ECONOMY

Brian Krzanich Photo: PR Intel CEO attends Israel's 70th anniversary celebrations

Brian Krzanich will witness a special display by Intel's 300 Shooting Star drones at the official Independence Day ceremony in Jerusalem.

Moshe Kahlon  photo: Moshe Milner, GPO Fitch reaffirms Israel's A+ rating, warns on tax cuts

Fitch also warned against increasing the budget deficit.

Israel flag IMF sees 3.3% Israel growth in 2018

The International Monetary Fund also predicts that growth in the Israeli economy will rise to 3.5% in 2019 but decline in 2020.

Kibbutz Beeri Ariel Photo: Ariel Jerozolimski Kibbutz Beeri pays members NIS 150m in dividends

Beeri Printing, a 60 year-old company, generates NIS 8.5 million annually for the kibbutz.

Karnit Flug BoI leaves rate unchanged, rate hike in Q4

The Bank of Israel: Inflation expectations and most forecasts for one year remain below the target.

Israel Independence Day celebrations photo: Reuters At 70, Israel's population nears 9m

The population of Israel has grown ten-fold since the state was founded in 1948.

Chaim Sharir and Mosh Danon The Israeli TV producers thinking global

With the world hungry for new television drama, Chaim Sharir and Mosh Danon see a great opportunity for Israel's uninhibited creative talent.

housing Housing prices fall again, March CPI up 0.3%

Home prices fell 0.2% in February after falling more steeply in the preceding months. Inflation is running at 0.2% annually, the Central Bureau of Statistics reports.

Apartments in Beersheva Gov't set to approve new aid program for periphery

Some 2.25 million residents of national priority areas will receive tax breaks worth a total of NIS 2.33 billion annually.

Yael Vizel and Esther Barak-Landes "Facebook and Google aren't here for financial reasons"

Zeekit founder and CEO Yael Vizel is not worried about US tax reform because Israel's human capital brings in high-tech investment.

Eli Cohen Photo: Dudi Vakhnin Economy Ministry demands tax breaks for Israeli high-tech cos

Minister of Economy and Industry Eli Cohen has asked the new Israel Tax Authority head Eran Yaakov to consider measures benefiting Israeli companies operating in the US market.

Planned waste recycling plant Photo: PR Azrieli, Shikun U'Binui to build Rishon Lezion waste plant

The BOT mechanical biological treatment facility is designed to treat thousands of tons of home waste per year.

Coca Cola Photo: Reuters Israel urged to tax sugary soft drinks

Israel National Council on Diabetes chairperson Prof. Itamar Raz has asked the Israel Tax Authority to tax sugar-rich drinks in the fight against obesity and diabetes.

Karnit Flug  photo: Eyal Izhar Karnit Flug: No room for tax cuts

Bank of Israel Governor: The structural deficit in Israel is definitely high, and I would not want to see it increase any further.

Rony Hizkiyahu Photo: Tamar Matsafi Government expenditure rises, casting doubts on tax cuts

There are concerns that the macroeconomic data do not support a tax cut.

Beijing economic office Photo: Ezra Levy Beijing Science Park opens Tel Aviv liaison office

Beijing's Zhongguancun Science Park is the home of many Chinese tech giants, like Lenovo, Baidu, Xiaomi, emerging technology companies and China's leading Universities.

Moshe Kahlon  photo: Eyal Izhar Small Q1 tax collection surplus puts tax cuts in doubt

The small surplus of NIS 700 million puts in doubt Minister of Finance Moshe Kahlon's plans for a tax cut.

Netanyahu, Kahlon  Knesset; Ouria Tadmor Uncertainty prevails over tax cut

Kahlon and Netanyahu are subject to conflicting pressures, while senior officials may well oppose any cut.

Bank of Israel  photo; Ariel Yeruzolimsky Israel's foreign exchange reserves fell in March

The Bank of Israel only purchased $143 million in foreign currency last month.

Software development Photo: Shutterstock BMC Israel laying off 20 in Galilee

The US software company is shedding more than 20 out of 230 employees at Tel Hai.

salary slip Israel's average monthly salary up to NIS 10,200

The biggest pay rises were in the financial sector.

Moshe Kahlon  photo: Moshe Milner, GPO Kahlon seen announcing further tax cut shortly

Discussions will take place at the Finance Ministry this week, at the end of which Minister of Finance Moshe Kahlon will decide which taxes to cut and by how much.

New apartments Are lower housing prices good news? Possibly not

Meitav Dash chief economist Alex Zabezhinsky: Lower prices indicate the beginning of an economic slowdown.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018