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Israel to set up business support centres in China |
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Minister of Finance Yuval Steinitz, at the inauguration ceremony of the Israeli pavilion at the 2010 Expo Shanghai, revealed that Israel would soon have four support centres in China. They are being called “Einstein Centres,” and they will provide a physical infrastructure for Israeli companies seeking to launch operations in China. The centres will also support companies already doing business in the country. |
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Israel’s Golan Heights Winery attends Vinexpo and wins gold |
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Citadelles du Vin Prize Competition awarded a gold medal to the Golan Heights Winery for their Galilee Yarden Chardonnay Odem Organic Vineyard 2008. The ceremony was held during Vinexpo Asia- Pacifi c 2010 at the Hong Kong Convention and Exhibition Centre. Victor Schoenfeld, Chief Winemaker of Golan Heights Winery, received the prize from Bernard Latouche, Chairman of Citadelles de Vin. The winners were chosen from a sample of 788 wines from 28 countries and were strictly tested by over 30 internationally recognised professional tasters. |
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Steinitz asked ICBC to begin operating in Israel |
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Israeli Finance Minister Yuval Steinitz met with representatives of the Industrial & Commercial Bank of China Ltd (ICBC) and asked them to consider beginning operations in Israel. While in Shanghai, Steinitz met with the bank, as Israel seeks to develop a technology hub for the international financial services industry. |
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Daewoo and Mitsubishi cooperate to build power plant in Israel |
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Holding company Israel Corporation has signed a letter of intent to hire South Korea’s Daewoo Corporation to build a new power plant in the Negev desert. The equipment, which includes natural gas turbines, will be purchased from Japan’s Mitsubishi. The binding agreement is scheduled to be signed by the end of June. |
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Histadrut signs up Thai workers |
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According to Globes newswire, Thai nationals interested in working in Israeli agriculture will soon be asked to join the Histadrut (General Federation of Labor in Israel), and to pay NIS 1,580 to join the union while still in Thailand, before their arrival in Israel. The fee will give the Thai workers five years representation by the Histadrut, although the workers will have the right to quit the union at any time and get the advance payment back. |
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