Schestowitz Ltd News Today

Bennett says competition is best tool for mitigating price hikes; Finance Ministry expected to present plan next week

After initially delaying move amid a massive backlash, company says it is canceling increase in prices despite 'unprecedented rise in operating costs'

Report says Liberman will present plan next week that could also include subsidizing part of electricity price hike and further cuts to import duties

Diplomat joins fellow companies following a massive backlash by politicians and the general public, who are already contending with jumps in the cost of electricity and gasoline

Histadrut labor chief threatens widespread protest as only handful of companies answer government call to not burden consumers during pandemic