Archive – Banking & Fintech

Swiss environment not getting better

This content was published on Jun 1, 2007 But the latest national report from the Federal Environment Office, published on Friday, shows that people’s lifestyle and consumer habits still cancel out any gains made. Generally speaking, good results have been reached in limiting air, water and soil pollution. Waste management and protection of the ozone layer have also benefited from government policy. But…

Helping plug South Africa’s skills gap

This content was published on Jun 1, 2007 swissinfo met the promoters and beneficiaries of a cooperation programme set up by the Swiss foreign ministry and Swiss firms in South Africa to find out more about its impressive success rate among young graduates. When asked about possible flaws in the Swiss-South African Cooperation Initiative (SSACI), Angie Hart, Moses Kali and Sabelo Mngomezulu, the…

Swiss borders open more for European workers

This content was published on Jun 1, 2007 The government still has the right to re-introduce quotas if it judges that immigration has become too high, but it hasn’t stopped the main rightwing party from pushing for a nationwide vote on the issue. The lifting of restrictions is the second phase of the free movement of people agreement that Switzerland – not a…

Euro 2008 gives private transport a yellow card

This content was published on May 31, 2007 The initiative, announced on Thursday, is part of an SFr8-million ($6.5 million) plan by the Swiss authorities and tournament organisers to encourage more people to use public transport during the competition. “The idea is to try to manage the enormous amount of traffic generated by Euro 2008, while respecting the environment as much as possible,”…

Swiss economy reveals its dark side

This content was published on May 31, 2007 Recent figures show that Switzerland’s black economy has shrunk as a result of tougher legislation, but a leading expert says only a change of policy could reduce it even further. Compared with its neighbours and other industrialised nations, Switzerland still has a relatively small illegal work sector. According to the State Secretariat for Economic Affairs,…

Biodiversity under threat in alpine areas

This content was published on May 29, 2007 If land use and agricultural subsidies are not reconsidered, a large number of alpine plant and animal species will continue to decline and eventually disappear, they say. Since the mid-1990s, Swiss agricultural policy has turned away from market intervention, and guaranteed prices and markets for farmers to so-called direct payments. These payments are intended to…

Coop swoops on electronic giant Fust

This content was published on May 29, 2007 The takeover is the latest in a long line of consolidations in an already shrinking retail market. Despite the deal – which is subject to regulatory approval – it will be business as usual at Fust, the country’s largest seller of household appliances, which will continue trading under its own name. Coop is also buying…

Tourist destinations hit by snow spell

This content was published on May 29, 2007 Grindelwald, at the foot of the Eiger mountain, was particularly affected, with some 450 tourists stuck on a train for several hours at the railway station on the Jungfraujoch, also known as the “Top of Europe”. The Jungfrau railways said the stranded tourists were looked after while they sat it out on the Joch, and…

Weak franc spells good news for economy

This content was published on May 25, 2007 The KOF Swiss Economic Institute in Zurich said on Friday that the export sector would see the most gain while warning that further interest rate rises were likely. The KOF barometer, which looks ahead to the economy’s performance in six month’s time, rose to 1.96 points from 1.90 points in April. “The Swiss economy is…

Cooking champions

This content was published on May 24, 2007

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Archive – Banking & Fintech

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Swiss environment not getting better

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Helping plug South Africa’s skills gap

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Swiss borders open more for European workers

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Euro 2008 gives private transport a yellow card

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Swiss economy reveals its dark side

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Biodiversity under threat in alpine areas

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Coop swoops on electronic giant Fust

More

Tourist destinations hit by snow spell

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Weak franc spells good news for economy

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Cooking champions

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