ICEN articles from March 1990

ICEN archives from March 1990

ICL difficulties in Canada. (Israel Chemicals Ltd., Saskterra acquisition) (Chemicals)
March 28, 1990... ICL Difficulties in Canada Israel Chemicals has run into problems regarding its planned purchase of the Canadian Saskterra company. The deal had raised a storm among ICL's board of directors, as well as as at the Ministry of Industry and...

No El Al sale this year. (El Al Israel Airlines) (Aviation)
March 28, 1990... No El Al Sale This Year Contrary to the Government Corporations Authority's announcement El Al will not be sold soon, say officials directly involved in the process. Transportations Minister Moshe Katsav also expressed the opinion that the...

The Tiger. (Israel Aircraft Industries Ltd. to market Tiger, fighter plane)
March 28, 1990... The Tiger The scrapping of the Lavi project caused Israel Aircraft Industries to re-examine the Namer (Tiger), a relatively inexpensive fighter plane intended for countries that do not need a sophisticated one. The Tiger is to have an...

Shamrock Dead Sea investment. (Shamrock Holdings Inc. to build hotel, tourist services along the Dead Sea, Israel)
March 28, 1990... Shamrock Dead Sea Investment The giant American Shamrock Holdings concern plans to invest between $70 and $80 million in a 400-450 room hotel and other tourist services along the Dead Sea. The Israel Land Administration and the Ministry of...

Turkey water. (Israel to buy water from Turkey)
March 28, 1990... Turkey Water As a result of the water shortage, it appears Israel will buy water from Turkey and transport it by floating reservoirs to a special terminal in the south. The agreement is scheduled for signature soon between the Water...

American insurance purchase. (Albert Jacob, Alan Dubin-led group to buy Shimshon, Biderman, Reinsurance Co.)
March 28, 1990... American Insurance Purchase A group of U.S. investors, headed by Albert Jacob and Alan Dubin of New York have completed negotiations with Hevrat Ha'ovdim for the purchase of three Histadrut-owned insurance companies: Shimshon, which...

Genetic resistance to viruses. (Weizmann Institute of Science research)
March 28, 1990... Genetic Resistance to Viruses As a result of Weizmann Institute research, farm animals with inborn resistance to viral disease may soon be a reality. The investigations, conducted by Dr. Judith Chebath in collaberation with Prof. Michel Revel...

Record Dead Sea Works profits.
March 28, 1990... Record Dead Sea Works Profits The Dead Sea Works, an Israel Chemicals subsidiary, registered record profits of $78.3 million for 1989, compared to $55.2 million the previous year. Sales were only up slightly in 1989 -- 2.16 million tons of...

Stern use of Israeli software. (Gruner and Jahr AG and Co.'s Stern, periodical, SPL Programming Systems' computer software)
March 28, 1990... Stern Use of Israeli Software Gruner and Jahr, German publisher of Stern and other periodicals, has recently acquired the reports management program developed by SPL Programming Systems. The program allows for orderly and efficient...

Citrus confrontation. (Agriculture)
March 28, 1990... Citrus Confrontation Citrus growers and Citrus Marketing Board officials clashed last week during a meeting of the Knesset finance committee. Dan Halperin, head of the growers association, accused the board of inflexibility and inefficient...

Kumquat delight. (Gur Farm Delicacies) (Agriculture)
March 28, 1990... Kumquat Delight Agronomist Rami Gur, who always had an interest in exotic fruit, discovered the kumquat -- known locally as the Chinese orange -- a small fruit considered a gourmet's delight. After successfully growing them on his moshav,...

Plant genetics. (Rosh Hanikra, Kibbutz) (Agriculture)
March 28, 1990... Plant Genetics Kibbutz Rosh Hanikra has applied genetic engineering with very successful results to plants. Rahan Meristem, the kibbutz's genetic laboratory and nursery, takes hardy and improved plant specimens, citrus trees and flowers and,...

Overseas scrutiny recommended. (Bank of Israel audit of Israeli commercial banks) (Banking)
March 28, 1990... Overseas Scrutiny Recommended The Bank of Israel is requesting expanded reporting and auditing of the overseas activities of Israeli commercial banks. In recent weeks, several foreign companies that had received loans from Israeli banks...

The banks forget to mention.... (bank commissions on financial options) (Banking)
March 28, 1990... The Banks Forgot to Mention... A few months ago the banks came out with a new financial tool that allowed customers to purchase an option, through the payment of a premium, as insurance against unusually large increases in the cost-of-living...

M.I. to hurry UMB sale. (M.I. Holdings Inc., United Mizrahi Bank Ltd.) (Banking)
March 28, 1990... M.I. to Hurry UMB Sale Government-owned M.I. Holdings plans to speed up the sale of the controlling interest in United Mizrahi Bank. According to the agreement signed with the World Mizrahi Movement, M.I. is allowed to sell all the shares...

Market should determine interest rates. (David Klein) (Banking)
March 28, 1990... Market Should Determine Interest Rates David Klein, a senior Bank of Israel official, charges that although there is a consensus among Western bankers that bank liquidity requirements should be low, in Israel, the average liquidity rate on...

Barclays Discount net down. (Barclays Discount Bank) (Banking)
March 28, 1990... Barclays Discount Net Down Barclays Discount Bank showed a net profit of NIS 16.3 million, a 40.3% decline compared to 1988, although its 10.4% return on equity was the highest among the seven large banks. Barclays Discount's equity totals...

Union Bank profit drop. (Banking)
March 28, 1990... Union Bank Profit Drop The Union Bank's after tax earnings were NIS 13.6 million in 1989, down 50% from the previous year. Return on equity dropped to 7.4% in 1989, from 17.5% in 1988. According to bank sources, the main reason for lowered...

Exorbitant interest rates. (Israeli commercial banks) (Banking)
March 28, 1990... Exorbitant Interest Rates The commercial banks do not plan to lower interest rates on shekel loans, despite the recession and depreciation of local currency. Nominal interest on shekel loans is an average of 28% per annum, while interest...

Bank Leumi profits. (Bank Leumi le-Israel) (Banking)
March 28, 1990... Bank Leumi Profits Bank Leumi's 1989 financial reports indicate that the large banks have not been too badly affected by the economic recession. The bank's net profit for 1989 totaled NIS 153.8 million, compared to a small NIS 244,000 loss...

Treasury demands reduced interest. (Israel. Ministry of Finance. Treasury, Bank of Israel debt interest rates) (Banking)
March 28, 1990... Treasury Demands Reduced Interest Senior Treasury officials are demanding the Bank of Israel take immediate action to significantly reduce the debit interest rates paid to the banks. At the Capital Market Forum attended by both Treasury and...

Hapoalim fund management. (Bank Hapoalim establishes Continental Mutual Funds) (Banking)
March 28, 1990... Hapoalim Furniture Management Bank Hapoalim has established a new company to manage mutual funds, Continental Mutual Funds. The first fund the company has been managing is a flexible mutual fund, Abir, whose assets are invested at the...

Timna plant bogged down. (Israel Chemicals Ltd.'s Timna, Israel aluminum processing factory) (Chemicals)
March 28, 1990... Timna Plant Bogged Down It seems unlikely that government-owned Israel Chemical's planned aluminum processing factory in Timna will ever get off the ground. The facility was to have reprocessed "imported" refuse resulting from aluminum...

ICL to seed. (Israel Chemicals Ltd. to buy Hazera) (Chemicals)
March 28, 1990... ICL to Seed Israel Chemicals is negotiating to buy Hazera, the largest seed company in Israel. The deal is valued in excess of NIS 10 million. Hazera, which was founded in 1939, is owned by Hamashbir Hamercazi and the holding company...

Major turnaround for Negev Phosphates. (Chemicals)
March 28, 1990... Major Turnaround for Negev Phosphates Negev Phosphates, a subsidiary of Israel Chemicals, has presented its 1989 financial reports, which show a before-tax profit of $16 million, compared to a $5.5 million loss for 1988. After-tax income was...

Stratagem delays meeting. (Israel Petrochemical Enterprises Ltd.) (Chemicals)
March 28, 1990... Stratagem Delays Meeting A joint stratagem by the Oil Refineries and the Israel Corporation forced a postponement of last week's scheduled general shareholders meeting of Israel Petrochemical Enterprises, which was to ratify the company's...

Channel 2. (Communications)
March 28, 1990... Channel 2 Channel 2 has been accepting private productions from individuals or companies that are willing to pay the new TV station for broadcasting their material. When Channel 2 made its appearance on the Israeli television scene, it was...

Linetek shares acquired. (Computers)
March 28, 1990... Linetek Shares Acquired Alitek Industries has acquired a 51% interest in Linetek, the two-and-a-half year old computer and peripheral equipment marketing firm. Thirty percent of Alitek shares are traded on the Tel Aviv Stock Exchange;...

Elbit earnings up 25%. (Elbit Computers Ltd.) (Computers)
March 28, 1990... Elbit Earning Up 25% Elbit Computers had 1989 earnings of $13.3 million, up 25% from $10.7 million in 1988, according to the company's 1989 financial statements. Company revenues were up to $180 million, from $158 million the year before....

Major U.S. deal for Rad. (Rad Net-RND Work Devices, Timeplex Inc. contract) (Computers)
March 28, 1990... Major U.S. Deal for Rad A large original equipment manufacture contract was signed recently between Rad Net - RND Work Devices, a subsidiary of Rad of the Bynet group and Timeplex, a subsidiary of Unisys. An official announcement on the deal...

Koor and U.S. bondholders pact. (Koor Industries Ltd.) (Conglomerates)
March 28, 1990... Koor and U.S. Bondholders Pact An agreement in principle was signed between Koor Industries and representatives of the conglomerate's U.S. bondholders. Koor expressed the hope that this signaled a breakthrough towards an all-inclusive debt...

Clal industry losses down. (Clal Industries) (Conglomerates)
March 28, 1990... Clal Industry Losses Down Clal Industries reported a NIS 11 million loss for 1989, compared with a NIS 23.3 million loss for 1988. The company attributed most its loss to Urdan and Chemical Fibres which took NIS 41 million from Clal...

Tishman to Eilat. (Tishman Construction Co. builds immigrant housing in Elath, Israel) (Construction)
March 28, 1990... Tishman to Eilat John Tishman, the New York construction giant, is considering putting up housing for new immigrants in Eilat. On a recent trip to New York on behalf of the Eilat Fund, Rafi Hochman, the city's mayor, met with company...

Alarming suit. (Hamashbir Lezarchan damage suit) (Consumer)
March 28, 1990... Alarming Suit Mrs. M.B. of Tel Aviv, who had brought suit charging the Hamashbir Lezarchan department store chain with having caused her "trauma, shock, shame and anguish," has been awarded NIS 430 in compensation by the Tel Aviv Small...

Sight fright. (diamond industry price increases) (Diamonds, Jewelry & Gems)
March 28, 1990... Sight Fright The diamond industry is fraught with anxiety as it anticipates the announcement of the diamond syndicate's $100 million forthcoming sight allocation. The syndicate announced that uncut diamond prices would go up 5.5%. According...

No Shani involvement in Tadiran. (Meir Shani, Tadiran-Israel Electronics Industries Ltd.) (Electronics)
March 28, 1990... No Shani Involvement in Tadiran Meir Shani, recently appointed both managing director of the Magen Insurance company and a member of the Tadiran board of directors has assured Magen that he will not be involved in implementing Tadiran's...

New display terminal. (Weizmann Institute of Science designs vector display terminal) (Electronics)
March 28, 1990... New Display Terminal A display terminal recently designed at the Weizmann Institute greatly increases the speed at which on a screen can be alternated. The new terminal has helped Institute researchers to learn more about how the human brain...

Electric Wire sold. (Electric Wire and Cable Co.) (Electronics)
March 28, 1990... Electric Wire Sold Tadiran has finalized the sale of its Electric Wire and Cable company (Cvalim) to a group of ex-Iranian investors. The transaction is reportedly valued at $21.5 million. However, Tadiran's bank creditors are insisting that...

All move at Tadiran. (Tadiran-Israel Electronics Industries Ltd. to move headquarters to Holon, Israel) (Electronics)
March 28, 1990... All Move at Taditran One hundred members of Tadiran's central management staff, which is currently located in the firm's large headquarters building in in Givat Shmuel, will be transferred during the Passover vacation to facilities belonging...

Dor Energy workforce reduction. (Energy and Fuels)
March 28, 1990... Dor Energy Workforce Reduction Dor Energy, the six-month-old fuel company has reduced its sixty-strong workforce by six. Dor has proved tough competition for the established companies ever since its founding and has captured roughly 10% of...

Delek profits down. (Delek Israel Fuel Corp.) (Energy and Fuels)
March 28, 1990... Delek Profits Down Delek Israel Fuel Corporation's net earnings for 1989 totaled NIS 25 million, a 22% drop compared to 1988. The company's return on equity fell to 9% last year, compared with 12% the year before. Total sales were up and...

Seminar on European trade. (Jean Kirkpatrick Forum) (Exhibitions, Conferences & Seminars)
March 28, 1990... Seminar on European Trade The Jean Kirkpatrick Forum will be holding a one-day seminar on "Trade Methods in the Europe of the 90's" on May 9, 1990 in the Kes Mishpat Building at the Tel Aviv University Law School. European and Israeli...

Learning Hebrew by computer. (Israeli Association for Computers in Education and Teaching conference) (Exhibitions, Conferences & Seminars)
March 28, 1990... Learning Hebrew by Computer A new computer program for teaching Hebrew will be unveiled at the annual conference of the Israeli Association for Computers in Education and Teaching, scheduled for April 3 - 4 at Kfar Hamaccabiah in Ramat Gan....

Defense industry meet in Washington. (Israel. Ministry of Defense conference, Washington, D.C.). (Exhibitions, Conferences & Seminars)
March 28, 1990... Defense Industry Meet in Washington Some 250 American defense industry executives are attending a conference in Washington this week on cooperation between the U.S. and Israeli defense defense industries. It is the fifth such conference...

Slow rise in kibbutz exports. (Exports)
March 28, 1990... Slow Rise In Kibbutz Exports Total exports of the 360 kibbutz industrial enterprises are expected to grow by 4-5% in 1990 to $650 million after a 1% decline in 1989 according to Amos Epstein, the managing director of the Association of...

Capital market changes. (Israel. Ministry of Finance. Treasury) (Finance)
March 28, 1990... Capital Market Changes The Treasury intends to promote the phasing out of dollar-linked Patam savings plans for local depositors and to this end, Treasury officials have announced a series of measures due to be implemented by the end of next...

Plant renewal fund. (HL Financial Services, industrial leasing and equipment loans) (Finance)
March 28, 1990... Plant Renewal Fund The Israel Corporation has established a $10 million fund for the renewal of industrial plant through its subsidiary, HL Financial Services, in cooperation with the Manufacturers Association. Loans will be provided for...

No issue for Jassour. (Finance)
March 28, 1990... No Issue for Jassour The Securities Authority has not approved the investment company Jassour's $20 million securities issue on the Tel Aviv Stock Exchange, casting doubt on the company's expansion plans. Jassour had hoped to raise capital...

Specialized mutual funds. (Raam '90, Mishtanim Fund) (Finance)
March 28, 1990... Specialized Mutual Funds Two new mutual funds recently went into operation. Ra'am 90 managed by Ronny Zilberman, will invest at least 50% of its assets in various options. The Mishtanim Fund, run by Central Securities, will invest 90% of its...

Gradual inflation drop. (Israel) (Finance)
March 28, 1990... Gradual Inflation Drop February's low cost-of-living increase, 0.5%, marks a process of declining inflation that started at the end of last year, according toBank Hapoalim's research department. This evaluation is based on the monthly...

Foreign currency options. (Bank of Israel) (Finance )
March 28, 1990... Foreign Currency Options The Bank of Israel has announced yet another change in the structure of its dollar-shekel options auctions. The tender base will again be fixed at NIS 2.02 to the dollar. Until recently, the base has been the last...

Forward transactions. (Bank of Israel) (Finance)
March 28, 1990... Forward Transactions The Bank of Israel will allow importers and exporters to conduct business according to the transaction-date exchange rate, rather than the payment-date rate as is the case now. The commercial banks will be covered with...

Private share offers. (Israel. Securities Authority) (Finance)
March 28, 1990... Private Share Offers A panel of experts appointed by the Securities Authority recommends allowing private share issues to institutional investors, such as pension and mutual funds. In the experts' opinion, this would help raise venture...

Uncontrolled budget deficit. (Israeli government politically distributed funds) (Finance)
March 28, 1990... Uncontrolled Budget Deficit Officials at the Treasury and Bank of Israel are concerned by the unrestrained and politically motivated distribution of funds as a result of the political crisis. They are particularly critical of allotments to...

Tenders for Stock. (W.E.S.T. Wine and Spirits Trade sale) (Food, Beverages and Tobacco)
March 28, 1990... Tenders for Stock Eliaz Wineries owned by Canadian investors, has submitted an offer for W.E.S.T. Wine and Spirits Trade (Stock) through a tender issued by attorney Wexler, Stock's court-appointed receiver. Tempo Beer Industries, owned by...

Honey cartel. (Food, Beverages and Tobacco)
March 28, 1990... Honey Cartel A cartel of honey marketers is being established under the auspices of the Honey Board. The cartel agreement will effectively end competition between the honey producers, to the consumers detriment. According to Yisrael Itkin,...

Going backwards. (Israel. Ministry of Trade and Industry cancels meat reforms) (Food, Beverages and Tobacco)
March 28, 1990... Going Backwards In a not entirely unexpected move, the government has decided to scrap the planned meat reforms. Treasury Budget Department and Trade Ministry officials charged that economic policy was being sold down the river because of...

No-smoke "cigarette." (IFC's cigarette substitute) (Food, Beverages and Tobacco)
March 28, 1990... No-Smoke "Cigarette" Yossi Gross and Zvi Froman of IFC have developed a cigarette- shaped device that contains a small tube plugged at one end. The device goes into operation as soon as the user chews or sucks from the "filter," releasing a...

Sugar coated. (Avner Rothman develops coating for aspartame) (Food, Beverages and Tobacco)
March 28, 1990... Sugar Coated Prior to the discovery of aspartame, other sugar substitutes such as cyclamate and saccharin, which always left a distinct aftertaste, were used. Aspartame, which looks and tastes like sugar, but has no aftertaste, has one...

Socialism disease. (Medinvest vs. Israel. Ministry of Health) (Health)
March 28, 1990... Socialism Disease The South African Medinvest investment group, which established the Herzliya Medical Center six years ago, has run up against government bureaucracy in its attempts to set up a similar facility in Haifa. The professional...

Early tropical disease diagnostic test. (Weizmann Institute of Science develops diagnostic test for Kala-azar) (Health )
March 28, 1990... Early Tropical Disease Diagnostic Test Weizmann Institute scientists have developed an early diagnostic test for visceral leishmaniasis, a widespread tropical disease that is often difficult to detect and fatal if untreated. A family of...

Zion Insurance turnaround. (Insurance)
March 28, 1990... Zion Insurance Turnaround Zion Insurance company have reported a NIS 3.1 million profit in 1989, following a NIS 1.8 million loss in 1988. This is despite a slight drop in the company's volume of business, as it preferred to avoid...

Insurance pool gets wet. (Hassneh Insurance Company of Israel Ltd.-led insurance pool investigation) (Insurance)
March 28, 1990... Insurance Pool gets Wet Ayalon Insurance Company General Manager Levi Rachmani confirms that the Industry and Trade Ministry official responsible for implementing regulations against restrictive business practices, Ze'ev Galmor, is...

Unemployed Russian immigrants. (Israel) (Labor)
March 28, 1990... Unemployed Russian Immigrants Some 26% of recent Russian immigrants are unable to find employment, according to Absorption Minister Rabbi Yitzhak Peretz. Employment Service figures show that the number of immigrants unable to find jobs is...

Cost of living increase agreement. (Israel) (Labor)
March 28, 1990... Cost of Living Increase Agreement Agreement in principle was reached last week between employers' representatives and the Histadrut on a new cost-of-living increase agreement, according to a Histadrut spokesman. The parties agreed that the...

Dubek ordered to submit defense brief. (Dubek's Zorach Gehl, Yehoshua Nachman) (Litigation)
March 28, 1990... Dubek Ordered to Submit Defense Brief Zorach Gehl and Yehoshua Nachman of Dubek have been ordered to submit a defense brief within 90 days in response to the charges brought against them by David Jaglom and Mark Moshevitz, who hold an 11.25%...

Elscint results. (Medical Equipment)
March 28, 1990... Elscint Results Elscint ended 1989 with a net profit of $3.1 million, compared with an unaudited loss of $24.2 million in 1988. This marks the company's return to profitability after four years of losses. Elscint's consolidated revenues were...

3,000 cars from Japan. (Subaru Distributors Corp.) (Motor Industry)
March 28, 1990... 3,000 Cars from Japan Zim Israel Navigation and Japanauto recently leased a ship to urgently transport some 3,000 Subarus to Israel. Many buyers have been waiting over three months to receive their cars. According to Japanauto managing...

First aid start. (Gal Tal Technologies develops Hilutzit 2, automobile ignition system bypass) (Motor Industry)
March 28, 1990... First Aid Start Hanoch Greenberg of Gal Tal Technologies has developed a solution to start cars despite a fault in the ignition system, a short or an engine flooded with gasoline. His "Hilutzit 2" device is designed to bypass the ignition...

Guidelines for press searches. (Israeli police searches of newspapers and newsmen) (Paper and Publishing)
March 28, 1990... Guidelines for Press Searches In the wake of public outcry following the police search of the Globes financial newspaper offices, (See ICEN No. 167) the Investigation Department's chief, Commander Uzi Berger, has been commissioned to work on...

Black blames Maxwell. (Conrad Black, Robert Maxwell, derogatory remarks) (Paper and Publishing)
March 28, 1990... Black Blames Maxwell Conrad Black, president of Hollinger, the Canadian company that owns the Jerusalem Post accuses Robert Maxwell of having spread stories that he had bought the paper for twice what it was really worth. Black, on a quick...

Industrialists protest import. (Teva Pharmaceutical Industries Ltd.'s Ami Rosenfeld, pharmaceutical imports) (Pharmaceuticals and Cosmetics)
March 28, 1990... Industrialist Protest Imports According to Ami Rosenfeld, chairman of the Manufacturers Association's pharmaceuticals division and deputy managing director of Teva Pharmaceutical Industries, imports of pharmaceuticals that are identical to...

More hair removers. (Avraham Nussbaum invents Emjoi, hair remover) (Pharmaceuticals and Cosmetics)
March 28, 1990... More Hair Removers In the wake of the success of the Israeli "Soft and Easy" hair-remover device, variations have come on the market. Avraham Nussbaum has invented an instrument with several removable heads called "Emjoi". The head of the...

Feeding bottle gauge. (Ami Baram invents measuring gauge for baby bottles, syringes) (Pharmaceuticals and Cosmetics)
March 28, 1990... Feeding Bottle Gauge Until now, it has been virtually impossible to measure how much a baby has drank from its bottle without pulling the nipple away from its mouth in the middle of its meal. Ami Baram has invented an interesting gauge that...

Plots in demand in Caesaria. (Caesaria Pituach, Israel, real property) (Real Estate)
March 28, 1990... Plots in Demand in Caesaria There has been a rise in demand for land in Caesaria Pituach. In recent weeks, 18 building plots were sold in the "Shchuna 6" neighborhood, most of them to Israeli families, rather than foreign residents, as is...

Leumi's loss Andin's gain. (Bank Leumi le-Israel) (Real Estate)
March 28, 1990... Leumi's Loss Andin's Gain An expensive piece of real estate sold by Bank Leumi at a loss to a private jewelry company Andin has now become a prestigious jewelry exchange. The bank had originally bought 440 square meters on the first floor, a...

Indigo rental in science park. (Kiryat Weizmann, industrial park, Tel Aviv, Israel) (Real Estate)
March 28, 1990... Indigo Rental in Science Park Africa-Israel Investments has rented 2400 square meters of floor space to Indigo at the science-based industrial park Kiryar Weizmann, at $9 per square meter. Indigo has an option on an additional 2400 square...

Mills to leave Industry House. (American Israeli Paper Mills Ltd., Industry House, office building, Tel Aviv, Israel) (Real Estate)
March 28, 1990... Mills to Leave Industry House American Israeli Paper Mills is looking to sell or lease its offices at Industry House in Tel-Aviv as part of a retrenchment and efficiency plan. The company's facilities include an 870-square meter space and 15...

Apartment price rise. (Israel) (Real Estate)
March 28, 1990... Apartment Price Rise The average price of apartments rose by 0.5% in real terms (above the consumer price index) during the three-month period ending in February. In dollar terms, the increase was 3.5%, according to Bank Tefahot economists....

Delta exports up. (Delta-Galil) (Textiles)
March 28, 1990... Delta Exports Up Delta-Galil's production of a new fabric made of cotton mixed with a small amount of Lycra thread has increased the company's exports of ladies' underwear threefold. Delta's ladies' underwear division is small, as the...

Average tourism year. (Israel) (Tourism)
March 28, 1990... Average Tourism Year According to the Central Bureau of Statistics, hotel revenues in 1989 were approximately NIS 1.27 billion, up 4% in real terms over 1988. Foreign currency income was $310 million from overseas visitors, while the...

Dutch-Israel technological cooperation. (Trade)
March 28, 1990... Dutch-Israel Technological Cooperation Jacob Saijt, the Dutch coordinator of the organization that oversees implementation of the Israel-Holland Technological Cooperation Treaty was in Israel for a brief visit to hold discussions with local...

East German delegation. (Trade)
March 28, 1990... East German Delegation A group of East German businesspeople are expected to arrive shortly for talks with Israeli industrialists. Acording to the management of Techpro, hosts to the group (which includes the vice-president and general...

Singapore-Israel Chamber of Commerce. (begins operations) (Trade)
March 28, 1990... Singapore-Israel Chamber of Commerce The Singapore-Israel Chamber of Commerce has begun operating on a regular basis after receiving authorization from the Singapore authorities. According to sources at the Israel-Asia Chamber of Commerce in...