Economics
Latest Economics News
Smotrich publishes order doubling personal imports tax exemption
The Ministry of Finance published an order today doubling the value of personal imports exempt from VAT from $75 to…
Turbine shortage delays power plant construction
Three power production companies in Israel reported delays in construction of power plants last week because of their inability to…
Hercules Capital names Ella-Tamar Adhanan head of Israel activity
Boston-based venture lending firm Hercules Capital (NYSE: HTGC) is expanding its investments in Israel, and has appointed Ella-Tamar Adhanan to…
Phoenix upgrades targets
A day after insurance company stocks plunged on the Tel Aviv Stock Exchange, Phoenix Financial (TASE: PHOE) (formerly known as…
ZIM board "reviewing alternatives" including sale
After a long period in which it issued no response to reports to this effect, the board of directors of…
Wizz Air steps back from Israel hub plan
As the CEO of Hungarian low-cost airline Wizz Air visits Israel, "Globes" has learned that the company has decided to…
Smotrich plans to double VAT exemption for personal imports
Minister of Finance Bezalel Smotrich plans to raise dramatically the exemption from VAT on personal imports. At present, anyone who…
McAfee buys privacy app of Israeli co Mine
Security applications company McAfee, which in the past maintained a development center in Israel, was acquired by Intel, and was…
Bank of Israel cuts interest rate as expected
For the first time in nearly two years, and as expected, the Bank of Israel Monetary Committee has decided to…
Ashdod port chair: No objection to a flotation
What are the main concerns facing critical infrastructures is Israel at present? Ashdod Port chairperson Shaul Schneider and Mekorot National…
