Business
...
$37200*36mo. $255 00 *36mo.
5 290 00 *36mo.
*36 month lease, cap cost $2000 + first month sec. dep., acq. fee, tax, title plate.
1-800-354-5558
On Telegraph at the Tel-12 Mall, Southfield • 248-354-3300
NW, •
1997 9000 CSET
NEW 1997 SAAB 900S CONVERTIBLE
NEW 1997 9000 CSET
WAS
$37,205
* *
NOW $29,995
WAS
$39,790
**Plus tax, title, plates. All rebates to dealer.
NOW
$32,420**
1-800-354-5558
On Telegraph at the Tel-12 Mall, Southfield • 248-354-3300
HYUIIDRI
*36 mo. lease. 12,000 mile & 1st sec. aqu., dest. $750 cap cost reduction. $200 sec. dep. Based on approved credit.
**36 mo. lease, 12,000 & 1st sec. aqu., dest. $500 cap cost, $250 sec. dep. Based on approved credit.
***36 mo. lease. 12,000 mile & 1st sec. aqu, dest. $500 cap cost reduction. $175 sec. dep. Based on approved credit.
Production Rises
In June July
Jerusalem (JPFS) — Industrial pro-
duction, excluding diamonds,
increased by 8 percent in annual
terms in June and July, the Israeli
Central Bureau of Statistics
announced.
The increase in industrial growth
has been continuing at this pace
since April, after only a percent
growth rate in the first quarter.
"The economic forecast for the
State of Israel is promising," Finance
Minister Yaakov Neeman said,
addressing the annual International
Monetary Fund gathering in Hong
Kong.
"We will continue to pave the way
towards a future of stability, sustain-
able economic growth, adhere to the
target of reducing the budget deficit,
reducing the rate of inflation, and
prosperity," he added.
While speaking in an upbeat fash-
ion about the economy, Neeman did
admit to the current economic slow-
down, the balance of payments
deficit and the budget deficit.
"It is not easy to implement a
restrictive policy during a time of
slower economic growth," said
Neeman. "The fear of further slow-
down, combined with rising unem-
ployment, increases the pressure to
abandon restrictive fiscal policy.
However, we are aware that there are
times when we must exercise policy
restraint in the short term in order to
benefit the long term."
M itsubishi Exec.
Visits Technion
On Telegraph at the Tel-12 Mall, Southfield • 248-354-3300
Time to Book Your Cruise
With
Bee Kalt Travel & ROYALTCARIBBEAN
Call us immediately for the best dates and the BEST RATES
10/10
1997
132
Bee Kalt Travel
Quality Travel Specialist Since 1958
248-288-9600 • Outside 248 Area Code 1-800-284-KALT
Jerusalem (JPFS) — Mitsubishi
International president N. Okada,
visited the Technion's scientific incu-
bators to study them and look for
possible targets for investment.
He and two senior Mitsubishi offi-
cials from Europe and one from its
local branch met with representatives
of Surtech (which deals with surfaces
treated by lasers to prevent wear) and
SVIS (for computer communications
coding). They went on to two start-
up firms which began as incubators,
Tadin in Migdal Ha'emek and
Nanomotion in Yokne'am.
Okada said his company wants to
invest in local firms that can market
products to the Japanese market.