Articles by January, 2019

The Industrialist Association of Israel and the Federation of Israeli Chambers of Commerce appealed to Finance Minister Moshe Kahlon against "the intention of the Israel Tax Authority to use a new measurement method (WLTP) as an excuse to raise new vehicle taxes. The two organizations are asking the Finance Minister to refrain from making decisions that lead to an increase in living in Israel and to adjust the measurement method, so that it will not lead to the increase of new vehicles

The Central Bureau of Statistics and the Ministry of Economy built a basket of 68 products to help consumers compare prices and cause chains to lower prices. These are products such as milk and dairy products, bread, meat and fish products, dry food, fruit and vegetables, and toiletries and cleaning products. According to the Central Bureau of Statistics, the basket accounts for 45% of the total household expenditure. In the basket are included basic products that are best sellers, so argue the Ministry of Economy. The basket "will enable monitoring of the monthly price changes of the...

The current high-rainfall winter is a blessing for farmers across the country, but the weather, especially the stormy weather last week, also caused major damage to crops. Data from Kent, the fund for the insurance of natural disasters in agriculture, shows that since the beginning of the month the company's situation room has received more than 550 reports of damage to various crops throughout the country. According to preliminary estimates by Kent assessors, the damage since the beginning of January alone is estimated at more than NIS 40 million. However, some of the damages can be...

The head of the Innovation Authority and the Chief Scientist of the Ministry of Economy and Industry, Dr. Ami Appelbaum, signed a Memorandum of Understanding (MoU) with the Minister of Economy and Industry, Eli Cohen, in the framework of the WEF meeting in Davos, to allow Israel to take part in the global economic forum. At the beginning of the week, the government approved a proposal to promote participation in the C4IR-Centers for the Fourth Industrial Revolution network established by the WEF Forum on the regulation of innovative technologies based on international cooperation. The WEF...

Municipal employees in Kfar Saba who are interested in continuing to work even after the statutory retirement age will be able to do so until the age of 70 with automatic approval. Subject to the recommendation of the direct manager and the decision of the Human Resources Committee. According to a new initiative by incoming mayor Rafi Sa'ar

After endless discussions between the Ministry of Finance and the Ministry of Public Security, the government approved the export of medical cannabis from Israel. This is the approval of a draft resolution proposed by Minister of Finance Moshe Kahlon to export cannabis products to countries where use is permitted. The decision was approved only after the Ministry of Finance and the Ministry of Public Security reached an agreement, in which the police budget for enforcement of the field will increase in accordance with the expansion of cannabis production in Israel and after the completion...

The program for projects that promote energy efficiency and reduce greenhouse gas emissions will be launched on Wednesday for the third time, with the cooperation of the Ministries of Economics and Industry, Energy, Environmental Protection and Finance. As part of the plan, an additional NIS 66 million will be allocated to entrepreneurs, industrialists and local authorities who will choose to optimize energy consumption and reduce greenhouse gas emissions, as part of Government Decision 542 ("Reducing Greenhouse Gas Emissions and Streamlining Energy Consumption"), At a rate of at least 17%...

The Israeli company, Sealantis which was established on the basis of technology developed at the Technion, was sold for $ 25 million and royalties from future sales to Advanced Medical Solutions (AMS) The company develops medical adhesives based on technology from the Technion, which mimics the mechanism of adhesion of algae to rocks under water. "This is a basic research inspired by a natural phenomenon that developed into applied technology, was patented and finally became a product that will enable hundreds of thousands of patients to be treated." Advanced Medical Solutions (AMS), a...