Asia primed to beat out US as top Israel export market || By David Shamah

(L. to R.) Shengyan Fan (head of strategic investment and development, China Everbright), Alain Dobkin (managing partner, Catalyst), Chen Shuang (CEO, China Everbright), Edouard Cukierman (managing partner, Catalyst-CEL) and John Chan (investment director, M&A department, China Everbright) at the signing ceremony (Photo credit: Courtesy

In 2014, Israel is expected to export more on an annual basis to Asia than it will to the United States, the Economy Ministry said Sunday. Asian markets accounted for 21 percent of Israeli exports in 2013, almost the same as exports to the US, as exports to the Far East trended higher over the past three years, and exports to the US trended downward.


OECD report highlights Israel as land of low taxes || By DAVID SHAMAH

The Organization for Economic Development (OECD) released a report on Monday that shows that the tax burden on Israeli workers is significantly lower than in most other OECD countries, including the United States. The tax burden fell in Israel over the past decade, even as it rose in 25 out of the 34 OECD countries.