Banking & Fintech

Health premiums to rise by more than five per cent

This content was published on Oct 6, 2000 The increase in health premiums was approved by the interior minister, Ruth Dreifuss, on Friday. The health insurance companies had wanted a bigger rise, but Dreifuss refused to push up premiums by more than 5.5 per cent. The announcement prompted mixed reactions – ranging from sharp criticism, to renewed calls to cut either medical services,…

Unemployment hits new low

This content was published on Oct 6, 2000 The State Secretariat for Economic Affairs in Berne said the number of registered unemployed dropped by 1,379 to 62,329 last month. That is well below the 85,096 out of work in September last year, when the unemployment rate stood at 2.3 per cent. The Secretariat’s labour director, Jean-Luc Nordmann, forecast a similar rate for October.…

Electricity grid offers new access to Internet

This content was published on Oct 6, 2000 Ascom says worldwide field trials of the technology have been received positively. Market launch is expected in spring 2001. A statement said that both private and business test users were “very satisfied” with services offered for the Internet and telephony applications. In particular, they were enthusiastic about the high-speed Internet access via the mains supply.…

Vögele adds Dutch chain to expanding list

This content was published on Oct 6, 2000 Vendex, the main non-food retail trade company in the Netherlands, will sell 106 Kien outlets to the Vögele chain, which already has 22 outlets in the country. A statement said Vendex and Vögele had signed an agreement in principle concerning the transaction. No financial details were disclosed. The company said most of the 1,000 Kien…

Out & About in Switzerland: Zurich goes to the country

This content was published on Oct 6, 2000 The special exhibition at the “Olma” in St Gallen will try to show how Zurich has managed to strike a balance between nature protection, preservation of the rural landscape and industrial development. A dozen moving sculptures created by the artist, Yvan Lozzi Pestalozzi, will symbolise the motto of the special exhibition, “Typical Zurich – a…

Slowing growth predicted for Swiss economy

This content was published on Oct 5, 2000 In its autumn report, released on Thursday, KOF forecast that Gross Domestic Product would grow by 2.9 per cent in 2000, before slowing to 2.2 per cent in 2001 and 1.5 per cent in 2002. Petta Huth, a researcher at KOF told swissinfo: “We have had very good growth rate up to now but we…

Development agency boss calls for more aid

This content was published on Oct 5, 2000 Fust was speaking on the sidelines of a one-day conference in the capital, Berne. The meeting discussed the World Bank’s World Development Report 2000/1, which is devoted to alleviating poverty. “We should do more especially regarding the financial volume,” he told swissinfo. “We must do more in improving the quality of our work… and to…

Lugano build up points, but also debts

This content was published on Oct 5, 2000 According to reports in Switzerland’s German and Italian language press, SFr3 million of the debt was built up over the course of the 1999/2000 season, with the rest accumulating since the start of the current season. Lugano’s investors are demanding SFr3.5 million of their money back, and the side looks set to have to sell…

Vacallo expelled from basketball championship

This content was published on Oct 5, 2000 The exclusion means basketball’s top division title will be disputed by just nine teams when the season begins on Saturday. Vacallo were already in severe financial trouble last season. But on the court they were luckier, winning the Swiss cup in 1999 and 2000, thanks to stars like Lee Matthews and Pete Lisicky. However, they…

Swiss post rated among the best in Europe

This content was published on Oct 5, 2000 The Unipost External Monitoring study (UNEX), released on Thursday, says that 95,7 per cent of letters sent from Switzerland to other European countries reach their destination within three days. That is an improvement of 2.3 per cent over the last year. The Post’s performance was even better in Switzerland, with over 97 per cent of…

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Banking & Fintech

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Health premiums to rise by more than five per cent

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Unemployment hits new low

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Electricity grid offers new access to Internet

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Vögele adds Dutch chain to expanding list

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Out & About in Switzerland: Zurich goes to the country

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Slowing growth predicted for Swiss economy

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Development agency boss calls for more aid

More

Lugano build up points, but also debts

More

Vacallo expelled from basketball championship

More

Swiss post rated among the best in Europe

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