Government

The Authority for Consumer Protection and Fair Trade announces its intention to issue an administrative order to stop the violation to the three soft drink companies that dominate the category - the Central Company for the Production of Soft Drinks Ltd., Tempo Beverages Ltd., Yapaura-Taburi Ltd. The companies must return the price to its original value immediately As the price increases and cancel the planned price increase

Selina, the hotel operator for a young crowd, goes to war for her future. Only half a year after its IPO, it is laying off workers, curbing expansion, and managing emergency recruitment after only 23 million dollars remained in its coffers as of the end of March. The company announced today that it has begun a period of significant cutbacks that includes the layoff of approximately 350 employees, exiting some of the hotel leases and almost completely stopping the opening of new hotels

Arkia wishes to operate direct routes to two new destinations this year: Goa and Sri Lanka. On Thursday, Arkia officially announced that a new flight route to Goa will begin operating in November. The frequency of flights will be once a week, on Wednesdays, on a shortened flight route that will last less than 5.5 hours of flight time. The flights will be on Airbus A320neo planes, a more advanced version of the common passenger plane Airbus A320 - which is also more fuel efficient. Flight prices will start from $549 round trip.

The Labor and Welfare Committee chaired by MK Israel Eichler approved regulations that will allow the Civil Service Commissioner to approve an extension of service for a civil service employee up to the age of 72, thus allowing an extension of up to 5 years cumulatively from the date the employee reaches retirement age, as opposed to 4 years today

After four years of studies in which the Ministry of Education made attempts to reduce parents' payments, subsidize some of them and prevent their increase, on Monday he announced that he was canceling the plan to subsidize parents' payments for all students. As a result, the parents' payments to the schools will increase by NIS 20 per student already in the next academic year and are expected to continue to increase in the years to come

Big Group announced that it will not force the tenants to close their businesses. After the new announcement, the company's share rose by about a percent after yesterday falling by 2.7%. Contrary to rumors, Big stands behind her decision," the company claimed and added: "When preserving democracy is the basis of her decision, Big stands behind her announcement. At the same time, as many as there are tenants in the centers who ask to open, she will respect their wishes and will not prevent them from doing so. In order to encourage tenants to participate in the strike, stores that will join...

Hours after the cancellation of the probable cause was approved in the first reading, demonstrations and blockades began throughout the country, among other things at all entrances to Jerusalem, the coastal road, road 4, and the Ayalon routes: "This is just the promo." A vehicle was recorded speeding toward protesters on Route 531 - and running away from the policeman who tried to stop it. MDA: "Significant delays in the movement of the ambulances, they want to allow them to move freely

The Dairy Council has filed a petition with the High Court challenging the recent decision made by Finance Minister Bezalel Smotrich to cancel the duty on milk imports for a period of three months. The Council is seeking an injunction against the move or, alternatively, an urgent discussion on the issue of canceling the duty on milk, which would allow for the import of milk into Israel for the first time

In a significant turn of events, sthe Electric Company announced the cancellation of the tender for the purchase of the Eshkol power plant in Ashdod. The tender was a pivotal part of the government's ambitious plan to privatize the electricity sector, but it encountered unforeseen challenges. During the bidding process, one of the bidders, the Dalia Group, put forward an impressive offer of over NIS 12 billion for the power station, surpassing all expectations. However, it was later revealed that the winning bidder was unable to fulfill the terms of the deal, creating an uncertain...

In a recent report by StartupBlink, a renowned international organization that monitors global startup ecosystems, Tel Aviv has taken an alarming lead as the city witnessed the highest number of startup companies leaving its once flourishing entrepreneurial landscape. The findings reveal that the entire startup nation is experiencing a mass migration to other locations, signaling a troubling downward trend for Israel's once vibrant startup ecosystem