5 February 2012 - 12 Shevat 5772 - י"ב שבט ה' אלפים תשע"ב
JTA NEWS :
Business
Dentist’s organic products draw on ancient energies E-mail

US brothers Dr Stephen and Dr James Costello are probably more well known in Hong Kong as one the premier dentistry practices in Mid-Levels, Hong Kong. Between them they have 25 years of dentistry practice. They also follow the ancient ways of the Orient and believe the goodness of food is retained when kept close to Nature.

Dentists are worth listening to especially when it comes to food choices and hygiene issues and the Costello Brothers are in deed worth listening to. Originally trained as bio-chemists they now have embarked on a new business venture.

The company Stephen James Luxury Organics, set up in 2008, creates one-of-akind nutritional food and other organic products such as their Saffron Pink Himalayan Salt and Volcanic Pili Nuts, sourced only in a few provinces in the Philippines, and has the highest magnesium content of any nut on earth and more vitamin E than all other known nuts.Now they are focusing on even more astonishing developments - a coconut flower nectar.

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Golan Heights presents wines at Winefuture E-mail

Following the Israeli wine industry’s growing international success and the consistent growth of quality table wine, Golan Heights Winery, one of Israel’s leading wineries, presented its wines at Winefuture Hong Kong.

The event took place during 6-8 November 2011 and brings together the most influential and important personalities of the wine industry. This is the first time an Israeli winery has participated in this event.

Golan Heights Winery has been active in the Asian markets for over a decade, with exports to Japan for more than ten years, and to China, Hong Kong, Taiwan and other Asian markets since two years ago.

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IEC to build PV facilities in China E-mail

Israel Electric Corp (IEC) announced that it will build a US$1.3bn project, consisting of three photovoltaic solar energy arrays, in northern China.

The project is not only the utility’s first investment in China, but also its first in a solar energy project and the largest foreign project to date.

The 240MW PV solar facilities will be built on private land. The deal is subject to Israel’s Ministry of Finance agreement and pending a successful outcome IEC will own 50% of the engineering, procurement and construction.

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Infinity invests in 10 Israeli technology companies expanding to China E-mail

Infinity Group, a leader in cross border China, RMB and dollar private equity platforms and technology M&As, announced that, in cooperation with the City of Harbin, it signed four framework agreements and one term sheet at a signing ceremony at the Azrieli Center in Tel Aviv in October.

Overall US$10 million will be invested in 10 Israeli technology companies with plans to expand to China. Most companies will receive US$1 million.

The ceremony was attended by a high level delegation visiting from Harbin, led by the city’s mayor, Lin Duo. The delegation also met Prime Minister Benjamin Netanyahu as well as engaging in business talks with various Israeli businesses.

“Harbin has a long history with Israel, a country famous for its innovation. We are here this week to strengthen these ties through the establishment of various partnerships. The City of Harbin is supporting this effort in terms of financing, infrastructure and services,” said Mayor Lin.

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Shenyang to build a Diamond Exchange E-mail

A delegation from Shenyang, China, visited Israel’s Diamond Exchange in Ramat Gan to discuss assistance to build a similar exchange facility.

The Shenyang diamond exchange building will be the first of its kind in China. The delegation was welcomed by Ramat Gan Mayor Zvi Bar and Yair Sahar, President of the Diamond Exchange.

China is currently the fifth largest jewellery consumer in the world, and over 250 million diamond jewellery pieces are sold annually.

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