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Ann: Market Update - Progress Report, page-104

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17/04/20

18:49

Post #: 44108966
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Originally posted by Spozzie: ↑

Looks like they may start their metrological inspection and statistical verification as early as this Monday:
This released a few hours ago

"Prime Minister Benjamin Netanyahu green-lighted a general plan to ease restrictions on economic activity and “stay home” orders, potentially allowing some businesses to open as soon as next week. A statement from Netanyahu’s office described the plan, which still must be approved by the full cabinet, as “responsible, cautious and gradual” and said it would allow for a limited opening of businesses. No specific timeline for the plan was detailed, but according to Hebrew media reports some businesses could reopen as early as next week. Get The Times of Israel's Daily Edition by email and never miss our top stories Free Sign Up According to Netanyahu’s office, the Finance Ministry will draw up a “pilot plan” for some sectors of the economy to open in accordance with Health Ministry social distancing guidelines. Criteria will be drawn up for certification that will allow businesses to open. Among the criteria likely to be included are regular disinfecting, taking customers’ temperatures and abiding by social distancing regulations, according to reports. The industries and businesses that would be allowed to take part in the pilot would be decided on in the next two days, but malls, open-air markets and businesses that involve physical contact will not yet be allowed to reopen."

Spozzie

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Towerjazz website said that all fabs were still operating on the 31st on March and as far as I know the only additional restrictions in Israel were put in place for the Passover from the 14th to the 16th of April I would be happy to be corrected if anyone knows different.
https://towersemi.com/wp-content/uploads/2020/04/COVID-19-Corporate-Update_March-31-2020-F-1.pdf

AKP Price at posting: $14.70 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Ann: Market Update - Progress Report, page-104

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