JTA NEWS
18 February 2019 - 13 Adar I 5779 - י"ג אדר א' ה' אלפים תשע"ט
JTA NEWS :
Business
Top Image acquires majority share of ASG E-mail

Top Image Systems Ltd, a leading Israeli innovator of data capture solutions, announced that it has acquired 51 per cent of the share capital of Asiasoft Global(ASG).

The total price for the initial purchase is approximately US$1.8 million. Top Image Systems has retained the option to purchase the balance based on the ASG’s performance over the next 18 months.

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Korean Airlines and Japan's JTB E-mail

Tourism Minister Yitzhak Aharonovich, following his trip to the Far East, announced new deals with Korean Airlines and JTB, Japan’s largest travel agency.

South Korea’s national carrier, Korean Airlines, agreed to renew flight services to Ben-Gurion Airport after a 10-year lapse. Korean Airlines will offer three non-stop flights each week between Seoul and Tel Aviv.

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Israel's increasing exports to Asia E-mail

The Israel Export Institute reported that Israel industry generated US$2.4 billion from exports to Asia in the first half of this year, an increase of 17% from last year.

They also reported that they expect an increase by 14% to US$5 billion in 2007.

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Merrill Lynch report says Israeli wealth is on the rise E-mail

Merrill Lynch reported that 7,200 millionaires lived in Israel in 2006, 12.9% more than the previous year.

The number of Israeli multi-millionaires grew by 15% to a total of 87 people. Multi-millionaires are people whose wealth exceeds US$30 million.

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JNF blue boxes 'made in China' E-mail

Production of the legendary Jewish National Fund(JNF) Blue Boxes are now apparently too expensive to produce in Israel.

The famous tin blue boxes, used throughout the Diaspora to collect coins for the JNF, will now be made in China.

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