JTA NEWS
28 January 2020 - 3 Shevat 5780 - ג' שבט ה' אלפים תש"פ
JTA NEWS :
Business
Israel's Babylon takes new business model to China E-mail

Babylon Limited, a software company headquartered in Or Yehuda, has recently announced the launch of a special translation solution for Chinese surfers, utilising their new business model that combines revenue from advertising with their sale of licenses.

The new business model particularly targets emerging markets and China was chosen as their fi rst country for implementation of the new business plan.

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Elop awarded US$87 million in Asian contracts E-mail

Israel’s Elbit Systems Limited a division of Electro-Optics Elop Limited (Elop), headquartered in Rehovot, has announced that they have recently signed three contracts in Asia totaling US$87 million.

Delivery will be made over the next two years of their cooled thermal imaging systems for reconnaissance and target acquisition and Elop expects to receive follow-on orders.

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Online sale for Israel.com eagerly anticipated E-mail

Israel.com will be bid for under auction currently held by a domain asset management services company, Moniker.com.

In a recent auction held on 23 May, Moniker.com sold other prime domain names for a total of US$2.5 million during the T.R.A.F.F.I.C. East Conference in Orlando, Florida.

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Hong Kong's Israeli Chamber of Commerce E-mail

The Israeli Chamber of Commerce in Hong Kong was established in 1994. We have about 90 dynamic companies, whose businesses cover a wide range of industries and sectors.

Our loyalties lie first and foremost with our members, acting as their voice in advising the Israeli Government in matters affecting businesses and the economy, providing members with business information and opportunities, and facilitating networking through a variety of chamber activities.

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Israeli patriotism "Made in China" E-mail

The Manufacturers Association of Israel has reported that 95 percent of the Israeli flags for this year’s Independence Day celebrations have been made in China.

Apparently, patriotism will be imported this year on order to cut costs. A similar tactic was utilised by the JNF for their famous ‘blue boxes’.

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