JTA NEWS
20 June 2018 - 7 Tammuz 5778 - ז' תמוז ה' אלפים תשע"ח
JTA NEWS :
Business
Tel Aviv-based whisky distillery launches exclusive second-edition barrel E-mail

After launching Israel’s firstever single malt whisky in June 2017, which was successfully sold at an international public auction, Milk & Honey (M&H) Distillery has launched an exclusive second edition of lightly peated single charred barrel. Only 324 bottles have been produced.

Similar to the first single malt whisky, this cask is also part of the Experimental Series, distilled in the early stages of setting up the distillery, before the establishment of the distillery in south Tel Aviv and the acquisition of the current industrial equipment, and before a crowdfunding campaign through Indiegogo. The cask was distilled in April 2014.

This whisky was crafted from lightly peated malt, made in-house and matured for 32 months in a new American oak barrel, before being transferred to an ex-bourbon barrel for an additional 11 months, and then being bottled at the perfect time.

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India-Israel flights to start operational flights E-mail

In a diplomatic breakthrough, Air India will begin operating direct flights from Israel on a route passing over Saudi Arabia. The new Tel Aviv-New Delhi route will shorten the flight time to six hours.

The Ministry of Tourism has been exerting pressure on Air India for two-and-a-half years. The ministry believes that incoming tourism from India has potential, and began pressuring Air India to begin a direct route from New Delhi. The Indian airline hesitated to do so, given the indirect route it involved. This problem has now been solved, and Air India says it will begin operating its flights on 20 March for the coming Passover holiday.

Civil aviation sources expressed doubt as to whether the Indian airline would manage to inaugurate its route on such a tight schedule, but Air India is determined to do so.

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Technology to assist Vietnam with water solutions E-mail

A delegation of Israeli business executives was in Vietnam in February, and visited the Mekong Delta province of Ben Tre to explore co-operation opportunities in some water and treatment technology-related sectors.

Boaz Zadik, CEO of Arrow Technologies, said his company is looking for investment opportunities in Vietnam. Arrow Technologies has been undertaking projects in India and Africa for 30 years and is ready to tie up with Vietnamese companies, he said.

Other executives also hoped to tie up with Vietnamese companies and transfer technology to the country. Bar Sharon, marketing director of Argos Company, said: “We will transfer technology and show Vietnamese companies how to use it so that they can develop steadily for the long term.”

Dr Ngo Ke Xuong, an agricultural expert, said he is intrigued by Israel. “A country with sand and desert can export tomatoes, cucumbers and mangoes. It is amazing! Vietnam should get technologies from Israel. Adoption of technology in agriculture is inevitable because we are under pressure from an increasing population and limited land.”

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China and Israel open incubation centre in Xiamen E-mail

China and Israel officially launched an incubation centre on 17 January in Xiamen, in China’s southeastern province of Fujian, to promote technology cooperation.

Located in Xiamen’s Software Park, the centre is dedicated to providing services for Chinese companies keen to apply Israel’s advanced technologies to their innovation projects.

The centre has established ties with more than 200 hightech companies, research institutions and incubators in Israel, in areas such as artificial intelligence, health care and clean energy, according to Jiang Baoqi, chairman of Innovation Connect (Xiamen) Technology, the centre’s operator.

“During the centre’s preparation phase, companies from the two countries expressed interest in nearly 100 projects covering a wide range of fields, including gene testing, smart cities and big-data analysis,” said Gabriel Simons, CEO of Innovation Connect.

Nadav Cohen, Consul General of Israel in Guangzhou, expressed his willingness to introduce Israeli companies to China, saying he looked forward to fruitful co-operation between the two sides.

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Ofo sets up Israel office E-mail

After a successful pilot scheme at Bar-Ilan University in Tel Aviv, Chinese bicycle-sharing company Ofo has opened a representative office in Israel, and has appointed Imri Galai as general manager of the Israeli branch, the company announced.

Galai formerly headed global marketing for Israeli taxihailing app company Gett, and was Europe, Middle East and Africa regional business development manager for apartment share company Airbnb.

As reported in the November 2017 issue of Jewish Times Asia, the company was planning to place 1,000 shared bikes in Israel by the end of last year. Ofo’s launch at Bar Ilan University received great support from the student union, teachers and students. Ofo placed 100 bikes at 19 parking sites around the campus.

Ofo is the first and largest bicycle-sharing platform in the world to operate station-free. Founded in China in 2014, it provides a convenient, cheap urban transport solution that cuts polluting emissions, reduces traffic jams, saves energy, and even contributes to people’s wellness.

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