



By Steven Scheer
JERUSALEM (Reuters) - Israel's Manufacturers' Association on Sunday proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli economic competitiveness and dealing with the country's high cost of living.
The Association's economic plan, submitted to Israel's prime minister and ministers of finance and economy, proposed cutting the value added tax (VAT) on food to 9%, the average for OECD countries, from 17%.
The group, which represents some 1,500 firms and 400,000 workers, also proposed increasing state funding for research and development to 0.5% of business output and reducing excess regulation by 25%, along with vocational training to increase labour productivity.
If implemented, the Association said the measures would allow the manufacturing industry to invest in innovation and workforce development, drive sustainable growth and maintain Israel's global competitiveness.
Association president Ron Tomer said the economy had begun to slow while employment levels were declining and production costs were on the rise. But he noted inflation and economic activity were better in Israel than in countries Israel competes with in foreign trade.
"We must take advantage of these relative advantages in order to lead the Israeli economy to growth already this year," he said. "The government must formulate an orderly economic and social plan that will support this."
Israel's economy is projected to grow 2.8% in 2023 after some 6% in 2022. Inflation is forecast to ease to a rate of 3% from more than 5%.
Israel's new government is in the process of drafting a 2023 budget that must be fully approved by lawmakers by May.
Incoming economy minister Nir Barkat has said he intends to ease the "unbearable load" on businesses in Israel, declaring a "war on regulation", which he called "a cancer on the economy".
Last week, Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich said Israel will cancel or cut back recent hikes in property taxes, water and energy costs, unveiling preliminary measures to ease inflation.
EUR/USD
1.0502
+0.0037 (+0.35%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
EUR/USD
1.0502
+0.0037 (+0.35%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (1)
GBP/USD
1.2134
+0.0059 (+0.49%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
USD/JPY
149.12
+0.10 (+0.07%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
AUD/USD
0.6328
+0.0027 (+0.43%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
USD/CAD
1.3694
-0.0014 (-0.10%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
EUR/JPY
156.62
+0.65 (+0.42%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (0)
EUR/CHF
0.9647
+0.0007 (+0.07%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Gold Futures
1,838.25
-3.25 (-0.18%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
Silver Futures
21.288
-0.089 (-0.42%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Copper Futures
3.6185
-0.0025 (-0.07%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (10)
Sell (0)
Crude Oil WTI Futures
88.17
-1.06 (-1.19%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (5)
Brent Oil Futures
90.00
-0.92 (-1.01%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Natural Gas Futures
2.986
+0.037 (+1.25%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (1)
Sell (4)
US Coffee C Futures
148.80
+0.05 (+0.03%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (2)
Euro Stoxx 50
4,109.25
+13.66 (+0.33%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (0)
S&P 500
4,229.45
-58.94 (-1.37%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
DAX
15,098.25
+13.04 (+0.09%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
FTSE 100
7,480.12
+9.96 (+0.13%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Hang Seng
17,186.00
-90.00 (-0.52%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (1)
US Small Cap 2000
1,724.80
-32.02 (-1.82%)
Summary
NeutralMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (3)
Sell (5)
IBEX 35
9,165.36
-0.14 (0.00%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
BASF SE NA O.N.
42.210
+0.450 (+1.08%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (3)
Sell (6)
Bayer AG NA
44.12
+0.24 (+0.55%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
Allianz SE VNA O.N.
220.75
-0.20 (-0.09%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (0)
Adidas AG
160.00
-0.72 (-0.45%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (11)
Sell (0)
Deutsche Lufthansa AG
7.118
-0.130 (-1.79%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (6)
Sell (1)
Siemens AG Class N
133.90
+0.80 (+0.60%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (0)
Deutsche Bank AG
9.845
-0.086 (-0.87%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (8)
Sell (0)
EUR/USD | 1.0502 | ↑ Buy | |||
GBP/USD | 1.2134 | ↑ Buy | |||
USD/JPY | 149.12 | Neutral | |||
AUD/USD | 0.6328 | ↑ Buy | |||
USD/CAD | 1.3694 | ↑ Sell | |||
EUR/JPY | 156.62 | ↑ Buy | |||
EUR/CHF | 0.9647 | ↑ Buy |
Gold | 1,838.25 | ↑ Buy | |||
Silver | 21.288 | ↑ Buy | |||
Copper | 3.6185 | ↑ Buy | |||
Crude Oil WTI | 88.17 | Sell | |||
Brent Oil | 90.00 | ↑ Sell | |||
Natural Gas | 2.986 | Sell | |||
US Coffee C | 148.80 | ↑ Buy |
Euro Stoxx 50 | 4,109.25 | ↑ Buy | |||
S&P 500 | 4,229.45 | ↑ Buy | |||
DAX | 15,098.25 | ↑ Buy | |||
FTSE 100 | 7,480.12 | ↑ Buy | |||
Hang Seng | 17,186.00 | ↑ Buy | |||
Small Cap 2000 | 1,724.80 | Neutral | |||
IBEX 35 | 9,165.36 | ↑ Buy |
BASF | 42.210 | Neutral | |||
Bayer | 44.12 | ↑ Buy | |||
Allianz | 220.75 | ↑ Buy | |||
Adidas | 160.00 | ↑ Buy | |||
Lufthansa | 7.118 | ↑ Buy | |||
Siemens AG | 133.90 | ↑ Buy | |||
Deutsche Bank AG | 9.845 | ↑ Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,820![]() ![]() (-20 ![]() ![]() |
SJC HCM | 6,815![]() ![]() (-5 ![]() ![]() |
SJC Hanoi | 6,815![]() ![]() (-5 ![]() ![]() |
SJC Danang | 6,815![]() ![]() (-5 ![]() ![]() |
SJC Nhatrang | 6,815![]() ![]() (-5 ![]() ![]() |
SJC Cantho | 6,815![]() ![]() (-5 ![]() ![]() |
Cập nhật 04-10-2023 16:50:17 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,823.40 | -0.28 | -0.02% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 25.370 | 25.870 |
RON 95-III | 24.840 | 25.330 |
E5 RON 92-II | 23.500 | 23.970 |
DO 0.05S | 23.590 | 24.060 |
DO 0,001S-V | 24.450 | 24.930 |
Dầu hỏa 2-K | 23.810 | 24.280 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $87.16 | +5.15 | 0.06% |
Brent | $89.53 | +3.87 | 0.05% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 24.210,00 | 24.580,00 |
EUR | 24.873,21 | 26.238,71 |
GBP | 28.676,26 | 29.897,08 |
JPY | 158,99 | 168,29 |
KRW | 15,49 | 18,87 |
Cập nhật lúc 16:45:57 04/10/2023 Xem bảng tỷ giá hối đoái |