Capital Market

The World Bank's annual Doing Business report shows that Israel has jumped 14 places
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The World Bank's annual Doing Business report shows that Israel has jumped 14 places and ranks 35th out of 190 countries. Last year, Israel was ranked 49th and within two years nineteen places rose. In 2018, the Accountant General under his responsibility received the concentration of handling of the Doing Business Index. This is a global indicator of the ease of doing business in different countries, vis-à-vis the World Bank and government offices. This is a direct follow-up to the recommendations of the Inter-ministerial Committee for the Improvement of the Business Environment appointed...

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Oct 24, 2019

Chamber of Commerce president Uriel Lin: Amazon is running an unfair competition
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Chamber of Commerce president Uriel Lin is furious at the unfair competition, claiming that Amazon is running "Amazon's operation in Israel is designed to destroy competitors." In a letter sent to the Competition Authority, Michal Halperin Lin claims that the limited deal with which Amazon went out, which offers free shipping in Kenya for more than $ 49 on Chinese Bachelor Day, created a state of unfair and unequal competition and the introduction of unfair competition Eliminate retailers who don't have Amazon's resources. " Commentators estimate that Uriel Lin is not really furious about...

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Nov 13, 2019

Moody's approved Israel's credit rating "A1 positive" despite Netanyahu's Indictments
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Credit rating agency Moody's cited the strength, diversity and competitiveness of the Israeli economy in its annual report on Friday. Warns that "the ongoing election season has caused political uncertainty that has delayed comprehensive reforms and efforts to deal with the growing budget deficit." It also states that "Israel has benefited significantly from government debt indices over the past decade, and is one of a handful of developed economies that now has a lower debt-to-GDP ratio than it did before the global financial crisis." Israel's main weakness is its vulnerability when it...

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Nov 23, 2019

Exports rose in the 3rd Quarter by 4.6% and expected to amount to  $ 114 billion by the end of 2019
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An analysis by the Ministry of Economy and Industry into data from the Central Bureau of Statistics on exports in the first three quarters of this year shows that despite concerns, Israeli exports are on track for another record year and are projected to reach $ 114 billion at the end of the year, compared with about $ 109 billion in 2018. Exports of Israeli goods and services totaled $ 84 billion at the end of the third quarter of 2019, an increase of 4.6% compared to the same period last year, at $ 80.3 billion. The Foreign Trade Administration at the Ministry of Economy and Industry...

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Nov 24, 2019

 Income inequality in Israel increased in 2018: family income grew at a faster rate than spending
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Income inequality in Israel increased in 2018 after three years of decline - according to data on households' expenditure and income published by the Central Bureau of Statistics on Tuesday. According to the data, the Gini income inequality index rose to 0.355 points (up from 0.351 points in 2017). The figures also show that the most significant increase was recorded in the average health expenditure of an average family in 2018, and that the share of Israel's top decile in net monetary income increased, approaching a quarter of the total income of the deciles. In the lower three deciles,...

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Nov 26, 2019

Central Bureau of Statistics: Kfar Saba is the city with the highest income per inhabitant in Israel
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Kfar Saba is the city with the highest income per inhabitant of 16 major cities in Israel, according to data released today by the Central Bureau of Statistics (CBS). This is the CBS processing of data taken from the Household Expenditure Survey, which it conducts and relates to various parameters in the lives of residents in the 16 largest cities in the country. Jerusalem exceeds NIS 12,515. The highest financial expenditure was found in Tel Aviv-Jaffa - NIS 15,675, and the lowest financial expenditure was found in Ashdod - NIS 8,836

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Dec 24, 2019

CBS: GDP increased by 4.8% in the 4th quarter of 2019 and 3.5% yearly
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New data received from the Central Bureau of Statistics (CBS) led to an update of the GDP in Israel in GDP in 2019 to 3.5%, while the previous CBS publication, as of December 31, estimated The growth by 3.3%. The update shows that the economy grew faster last year than in 2018 - where GDP grew by 3.4%. GDP per capita grew by 1.6% in 2019, compared with 1.4% in 2018 and 1.3% by 2019, according to the December estimate. According to the new CBS data released today, the growth rate in the second half of 2019 was 3.8% (annualized, compared with the previous half). This figure indicates...

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Feb 16, 2020

El Al crisis: Layoffs have started and hundreds of employees demonstrated
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Corona Crisis Signal at El Al Company Announces First Dismissal Today. Students of 5 flight attendants, at various stages of the course, had to return their employee card today and were notified that the course had been stopped. It's about 100 people. In the meantime, 60 pilots admitted to the company and not yet accredited - will not be admitted into the company. These are pilots recruited in April. In light of the situation El Al was in, a message was circulated among the air crew that discussions were being held about the fate of the various promotion and diversion courses with the aim...

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Mar 1, 2020

Malls opened bu Retail trade chains still hold one-third of employees on leave without pay
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Despite the opening of malls and shopping malls, the retail chain industry holds the highest rate of paid leave without leave (ILS): 33% of retail chain employees are still on vacation, compared to an average of 18% in May. The highest among the economic sectors, with the lowest rate recorded in the finance and insurance sectors, where 5.2% of employees are still in the foreign currency. This data comes from a fourth Bezeq survey in May, published by the Central Bureau of Statistics, to examine the state of the business when the Corona virus spread. He has three surveys conducted by the...

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May 13, 2020

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