Amid upcoming elections, Israel’s economic performance is just too strong to become a major debate topic. Israel’s gross domestic product has been rising at an average annual rate of 3.69 percent since 2000, inflation has been negligible at 1.57 percent, and unemployment has fallen to half of its average for the period of 7.4 percent. […]
Category: Top Stories
Source: Financial Times The Financial Times explores the emerging powerhouse of Computer Vision and the key role Israel is playing. Computer Vision is a new frontier, with endless applications and opportunities. The ability to use computer power to not only gather information but anaylse, understand and decide the best course of action can drastically alter processes […]
As reported by Globes.
Australia’s richest man believes robots could be the answer to the agricultural labor shortage, as farmers demand the Morrison government come up with a solution to a shortfall of 100,000 workers that has left fruit rotting across the country. Mr Anthony Pratt,t he executive chairman of packaging giant Visy Industries and a food security philanthropist, said […]
Source: CNBC Singaporean investment firm Temasek Holdings is set to acquire Israeli cyber security company Sygnia for $250 million. Sygnia’s technology ‘offers “military grade security”‘ that simulates various cyber attack scenarios that increase the of understanding of decision makers and enhances their decision making to more effectively protect ‘networks and critical assets’. The technology helps […]
Source: 9News Sydney’s B-Line buses are trialling potentially life-saving technology to help avoid accidents before they happen. The Mobileye safety devices have been fitted to 38 vehicles and use audio and visual alerts. The trial comes as the New South Wales Government releases shocking vision of just how close some pedestrians are cutting it. […]
Source: Ctech After 17 years of planning and construction, Israel’s Minister of Transportation Yisrael Katz held a launch event ahead of the opening of a new express train line connecting Jerusalem and Tel Aviv on Tuesday. The ride on the new line, which is 41 miles long (57 kilometers), is timed at 28 minutes. The only […]
Source: Forbes I’m sure you’ve heard the news that Pepsi is buying SodaStream for $3.2 billion. Analysts seem to like it (see fellow Forbes Contributor, Peter Cohan’s “4 Reasons To Love PepsiCo’s $3.2B SodaStream Buy“), so perhaps this “hedge” is a good business decision. But is it only a hedge? I am hopeful, though admittedly not […]
Source: Reuters The newly privatised Tel Aviv Stock Exchange (TASE) has won approval from Israel’s securities regulator for a deal to sell nearly 20 percent of the exchange to investment fund Manikay Partners and another 19 percent to four other foreign investors. The sale, announced in April, puts a value of 551 million shekels ($151 […]
Source: Times of Israel The Israel Innovation Authority, the Ministry of Economy and Industry, and the National Cyber Directorate have announced a new NIS 90 million ($24 million), three-year program to boost Israel’s cyber industry. The funds will be earmarked to support long-term “groundbreaking” new technologies that have “significant potential to influence the global market” […]
israeltrade.org.au 