Banking & Fintech

Revised banking law takes effect in October

This content was published on Aug 18, 1999 The Swiss government announced Wednesday that the revised banking law will come into force on October 1. This means that cantonal banks in Switzerland will soon be on an equal footing with other commercial banks. Adopted by parliament in April, the revision in particular abolishes the obligation of a state guarantee for cantonal banks. And…

First modular hotel assembled for Expo.01 exhibition

This content was published on Aug 18, 1999 Switzerland’s national exhibition Expo.01, which is due to take place around the lakes of Biel, Murten and Neuchâtel in the year 2001, has its first hotel in the town of Yverdon. Christened “Eco-Lodgia”, the hotel is one of the first concrete projects of the exhibition, which has been beset with management and financial problems over…

Swiss charity calls for continued aid for North Korea

This content was published on Aug 17, 1999 The Swiss Roman Catholic charity Caritas said Tuesday that international aid for North Korea must continue, even though a concerted international aid effort had succeeded in easing famine in the communist country. Jürg Krummenacher, the head of Caritas, told a news conference in Lucerne after a fact-finding mission in North Korea, that hospitals were short…

Ciba profits fall 53 percent in first half year

This content was published on Aug 17, 1999 (AP) — Ciba Specialty Chemicals Tuesday reported first-half group profit of SFr121 million ($79.6 million), a fall of 53 percent on the same period last year. The figure was below analysts’ forecasts of a 40 percent fall. Ciba shares were down 2.4 percent in early trading on the Zurich Stock Exchange. Group sales rose by…

Twike: the car of the future?

This content was published on Aug 17, 1999

Swiss government wants change to national exhibition project

This content was published on Aug 16, 1999 The Swiss government on Monday expressed support for the troubled 2001 national exhibition project but said that some changes would be necessary. Key industry leaders said they would await a high-profile audit before committing more money to Expo.01. “It would be a mistake to abandon and destroy everything that has been built already,” said Swiss…

Some wine to brag about

This content was published on Aug 13, 1999

Environmental organisations want guarantees for Swiss-EU accords

This content was published on Aug 13, 1999 Swiss environmental organisations on Friday threatened to force a national vote on the bilateral accords between Switzerland and the European Union, unless stricter measures are taken to protect the environment. Switzerland and the EU signed the comprehensive bilateral accords in June. They must still be ratified by the parliaments of all 15 EU member states…

Finance Minister Villiger optimistic about budget outlook

This content was published on Aug 12, 1999

Swiss NGOs call on WTO to reassess trade liberalisation

This content was published on Aug 12, 1999 Four non-governmental groups in Switzerland called on the World Trade Organisation, the world’s trop trade watchdog, on Thursday to reassess and redefine current reform policies before launching the new “millenium round” of trade reforms. The call for a reassessment was presented at a news conference in Berne and involved the Berne Declaration, which describes itself…

Banking & Fintech

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Banking & Fintech

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Revised banking law takes effect in October

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First modular hotel assembled for Expo.01 exhibition

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Swiss charity calls for continued aid for North Korea

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Ciba profits fall 53 percent in first half year

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Twike: the car of the future?

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Swiss government wants change to national exhibition project

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Some wine to brag about

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Environmental organisations want guarantees for Swiss-EU accords

More

Finance Minister Villiger optimistic about budget outlook

More

Swiss NGOs call on WTO to reassess trade liberalisation

Popular Stories

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