Archive – Banking & Fintech

Swisscom launches internet TV

This content was published on Nov 1, 2006 The new service, Bluewin TV, enables Swisscom to go head-to-head with leading cable television operators in the country such as Cablecom. IPTV is a key tool for telecoms operators competing with the cable TV carriers’ combined package of phone, broadband and TV services. According to industry analysts, the global IPTV market is expected to grow…

Red river

This content was published on Nov 1, 2006

Climate warning resonates in Switzerland

This content was published on Oct 31, 2006 The report by former World Bank chief economist Nicholas Stern, published on Monday, warns that failure to act could cost the global economy trillions of dollars. Stern forecast that the world’s economy could shrink by up to 20 per cent unless one per cent of global output was spent on reducing emissions by 2050. The…

Tourist industry buoyant ahead of winter

This content was published on Oct 31, 2006 The organisation said on Tuesday that it expects overnight stays to increase three per cent this coming season, following five per cent growth since the beginning of the year. The main factor behind this rosy picture is the positive economic situation in Switzerland and abroad, with people apparently willing to spend more money. “In the…

Swiss Post cuts jobs amid restructuring

This content was published on Oct 31, 2006 The state-owned company said these changes should allow savings of around SFr50 million ($40 million) each year without affecting basic services. Swiss Post said that the reason for the changes was the annual deficit made by its network of post offices across the country, estimated at SFr400 million in 2005. Added to this was the…

Pension regulation falls under spotlight

This content was published on Oct 31, 2006 The banking sector has questioned a perceived lack of control over the way pension fund managers conduct their business while experts fear a damaging amount of government red tape. The dispute has erupted after the suspicious movement of shares just before the merger of Swissfirst and Bellevue banks in September of last year. Several pension…

Popular initiative targets “fat-cat” salaries

This content was published on Oct 30, 2006 Supporters of the initiative claim that government plans to revise company laws do not go far enough and are demanding an increase in shareholder rights. Thomas Minder, the boss of family-run cosmetics firm Trybol in canton Schaffhausen, launched the initiative against the “rip-off mentality” on his company website on Monday. With support from close friends…

Forum in Greece tackles internet governance

This content was published on Oct 30, 2006 The meeting of the Internet Governance Forum in the Greek capital has been organised by the Geneva-based Working Group on Internet Governance (WGIG) led by a Swiss, Markus Kummer. “The creation of the forum was one of the concrete results of the Geneva World Summit on the Information Society (WSIS) in 2003 and the follow-up…

Basel’s EuroAirport marks 60th anniversary

This content was published on Oct 28, 2006 The only binational airport in the world threw open its doors to thousands of visitors on Saturday and announced it was set for a record number of passengers this year. Situated entirely on French territory, the airport has a Swiss customs sector connected to Basel via a customs road. However, its position close to the…

Simplified tax scheme promises lower burden

This content was published on Oct 27, 2006 The centre-right Radicals are launching a people’s initiative supporting their Easy Swiss Tax scheme in canton Zurich this weekend. The party vows eventually to force through income tax reforms nationally. The system claims to have the potential to save a married couple with two children living in Zurich city more than SFr2,500 ($1,993) annually. This…

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Archive – Banking & Fintech

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Archive – Banking & Fintech

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Swisscom launches internet TV

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Red river

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Climate warning resonates in Switzerland

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Tourist industry buoyant ahead of winter

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Swiss Post cuts jobs amid restructuring

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Pension regulation falls under spotlight

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Popular initiative targets “fat-cat” salaries

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Forum in Greece tackles internet governance

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Basel’s EuroAirport marks 60th anniversary

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Simplified tax scheme promises lower burden

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