Banking & Fintech

New Swiss passport will be “virtually unforgeable”

This content was published on Feb 2, 2001 The commission charged with overseeing the new passport has agreed by a majority of 16 to 4 to adopt the new form of identification. The Senate gave the green light to the change in November 2000, after a proposal from the government. Information contained on the new passport will be stored in a centralised database,…

Geneva entrepreneur locked in legal battle with Time Warner

This content was published on Feb 2, 2001 The dispute is of David and Goliath proportions, and so far David – in the shape of Louis Perdrezat – has the upper hand, having brushed aside the multinational’s accusations of unfair competition and breach of intellectual property rights. After applying first for Swiss and then international registration in November 1998, Perdrezat now owns the…

Swiss-based domestic worker receives top Philippines award

This content was published on Feb 2, 2001 The prize awarded to Lily in Manila in December, is recognition for more than two decades of efforts to help Filipino workers abroad and people in her home community back in the Philippines. Lily is proud of having received the award even though she has almost no formal education – she had to drop out…

Private sector joins aid effort in South Africa

This content was published on Feb 2, 2001 The Development Agency said on Friday the foundation would have an annual budget of SFr2 million ($1.23 million), to be spent on projects to improve primary and vocational education. The focus will be on training courses for teachers and school directors in poorer provinces, skills training for the unemployed in townships, school construction in remote…

Business Outlook

This content was published on Feb 2, 2001 Swiss Re will hold its investors day Wednesday, when it invites investors, analysts and journalists to meet the board. Visitors to the Rüschlikon headquarters in canton Zurich will not only hear the latest news on Swiss Re’s productivity improvement programme but also get the chance to attend workshops on the re-insurers’ business in the afternoon.…

The business week in Switzerland

This content was published on Feb 2, 2001 The Swatch Group, which includes some of Switzerland’s most renowned watch brands, said on Wednesday that sales grew by 17.6 per cent in 2000 to reach a record SFr4.26 billion ($2.6 billion). Record profits are also expected, with growth rates “substantially higher” than those of sales. On Thursday, economists welcomed news that Switzerland’s merchandise trade…

Lower fuel prices drive inflation down

This content was published on Feb 2, 2001 The Federal Statistical Office said on Friday that the monthly inflation rate in January was 1.6 per cent. A statement said the slight fall of the consumer price index was caused by price decreases in the transport (-1.6 per cent) and the housing and energy (-1 per cent) sectors. However, there were increases in the…

Weaker domestic demand puts brakes on industrial expansion

This content was published on Feb 2, 2001 The survey of some 300 industrial companies, released on Friday, suggests very strongly that the economy will remain buoyant. The UBS business cycle indicator, which acts as a trend barometer for GDP, indicates a growth rate of 3.1 per cent in the final quarter of 2000 and 2.6 per cent in the first quarter of…

SAirGroup pulls out of Portuguese airline deal

This content was published on Feb 1, 2001 SAirGroup, the company which controls the national carrier Swissair, said it had decided “to pull out of TAP’s privatisation process”. TAP will continue to remain part of the Qualiflyer Group. “Portugal’s public works minister, Jorge Coelho, and the SAirGroup chairman, Eric Honegger, discussed the situation in an open climate and in mutual confidence,” the SAirGroup…

Switzerland tightens veterinary checks amid food scare

This content was published on Feb 1, 2001 The Federal Veterinary Office said on Thursday that the new measures would include more spot checks on farms across the country, as well as clearer guidelines as to how veterinarians check what antibiotics are given to animals and how they should monitor animal health. A spokesman for the Veterinary Office, Hans Wyss, said: “The checks…

Banking & Fintech

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Banking & Fintech

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New Swiss passport will be “virtually unforgeable”

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Geneva entrepreneur locked in legal battle with Time Warner

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Swiss-based domestic worker receives top Philippines award

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Private sector joins aid effort in South Africa

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Business Outlook

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The business week in Switzerland

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Lower fuel prices drive inflation down

More

Weaker domestic demand puts brakes on industrial expansion

More

SAirGroup pulls out of Portuguese airline deal

More

Switzerland tightens veterinary checks amid food scare

Popular Stories

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