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ISRAELI CABINET APPROVES 2-YEAR MODEL FOR BUDGET 2011-2012

As reported in Invest in Israel, The Israeli Cabinet approved Finance Minister Yuval Steinitz’s pr buy kamagra online oposal to continue with the biennial state budget model in 2011-2012. The 2-year model, which was also backed by the Bank of Israel, will allow the government to present a long term plan and maintain market stability. […]

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TEVA INCREASES WORLD MARKET SHARE IN RATIOPHARM PURCHASE

As reported in Invest in Israel,  Teva Pharmaceutical Industries Ltd., the world’s largest maker of generic drugs, acquired German generic pharmaceuticals company Ratiopharm for $4.9 billion. Through the acquisition of Ratiopharm, which is the second-largest player in the German generics market, Europe’s biggest, Israel’s Teva becomes number one in Europe as its presence in Spain, […]

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ISRAELI GROWTH PER CAPITA IN 2009 2ND HIGHEST AMONG OECD COUNTRIES

As reported in Invest in Israel, The Central Bureau of Statistics said that Israel’s GDP rose by an annualized 4.9% in the fourth quarter of 2009 and that growth for the year was 0.7%, slightly higher than earlier estimates. Given Israel’s population growth rate of 1.7%, GPD per capita only declined by 1.1%, placing it […]

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Cleantech VC reaches $1.9B in 1Q10

As reported by IVC Online, transportation attracted $704M this past quarter, while energy efficiency and solar remain key sectors to watch, according to latest Cleantech Group data. Cleantech venture capital investment was up 29 percent in the first quarter of 2010 compared to last quarter, and 83 percent higher than the same quarter a year […]

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Israel: Defying all odds

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Second exposure draft of R&D tax incentive legislation released

As reported by R&D Info, a second exposure draft of the legislation for the new R&D tax incentive has been released by the Federal Government. The modifications to the legislation include a revised definition of core R&D that uses clearer language and dispenses with a range of overlapping tests.  The Government has also decided not […]

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Second round of water for the future information sessions

As reported by AWA, a second series of community information sessions on the Australian Government’s $12.9 billion Water for the Future program will be held throughout the Murray Darling Basin, Minister for Climate Change, Energy Efficiency and Water, Senator Penny Wong, announced today. Fourteen information sessions will be conducted by the Department of Environment, Water, […]

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WATER BODIES UNIFY FOR BUSINESS OPPORTUNITIES

As reported by AWA, Nine key organisations in the water sector will work together to significantly enhance the business and export opportunities of local companies. The group, including the Australian Water Association and Austrade, plans to synchronise its programs and resources so it can better support the domestic and export growth of the water sector.

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MINE FINED OVER CONTAMINATED WATER DISCHARGE

As reported by AWA, a mining company in north west Queensland has been fined in the Mount Isa Magistrates Court today for causing serious environmental harm. Climate Change and Sustainability Minister Kate Jones said MMG Century Limited had pleaded guilty to discharging contaminated wastewater from its zinc and lead mine, about 250km north west of […]

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EU – Israel Agreement concerning liberalization measures on agricultural and processed agricultural products

The agreement, which takes effect on 1 January 2010, is expected to lead to liberalization of approximately 95% in trade of processed agricultural products between Israel and the EU and to significantly increase the competitiveness of the Israeli food industry exports to Europ. Negotiations led by the Foreign Trade Administration of the Ministry of Industry, […]