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Deportation monitors to watch but not tell

This content was published on Jun 17, 2011 Monitors deployed by the Federation of Protestant Churches in a six-month trial period starting in July will not be allowed to go public with their reports. The Federal Migration Office announced on Wednesday that the church federation had agreed to take on the six-month mandate, and that it would be assisted by the non-governmental Swiss…

Interest rates remain on hold

This content was published on Jun 16, 2011 The three-month interbank Libor range will stay the same at between 0.0 per cent and 0.75 per cent with a target rate of 0.25 per cent. The loose monetary policy is aimed at helping exporters survive the strong franc. While sales and orders have picked up in recent months, the margins of exporters have suffered…

White collar crime “certain to rise”

This content was published on Jun 16, 2011 The recent recession has enhanced the environment for white collar crime by slashing bonuses and share prices while increasing pressure on workers. Stretched companies are also struggling to devote enough resources to tackle the problem. Because the average fraud takes 3.4 years to detect, professional services group KPMG believes that many crimes may already be…

Swiss gaze skyward for lunar eclipse

This content was published on Jun 15, 2011 The alignment of the earth, sun and moon will begin at 9.20pm local time and the earth’s shadow will be visible crossing the moon. The middle point of the eclipse will be reached at 10.15pm. The natural phenomenon can be viewed safely with the naked eye, cloud permitting. Skygazers in the mountains or the south…

Saving money by crossing the Swiss border

This content was published on Jun 15, 2011 Klein’s customers are those people who want to avoid import charges and postal costs if they buy something from Germany over the internet. Foreign parcels that come to Switzerland by post or by private postal services are often accompanied by hefty service and customs charges. “It all started when a business partner of my husband…

SMEs prove optimistic in bank poll

This content was published on Jun 15, 2011 In this year’s survey, carried out by Credit Suisse economists, 51 per cent of the 1,800 companies surveyed see the overall impact of six selected megatrends as an opportunity, compared with 49 per cent last year. Megatrends is a term to describe the most important changes taking place in the coming years which will have…

Swiss firms muscle into Slovenian markets

This content was published on Jun 15, 2011 The country joined the European Union in 2004 and receives financial contributions from Switzerland as part of efforts to reduce social and economic disparities. Well-known brand names such as Landis+Gyr, Sibir, Geberit and Eternit as well as the pharmaceutical giant Novartis and the engineering company ABB are among the Swiss firms that have opened offices…

Solar Impulse arrrives in Paris for air show

This content was published on Jun 14, 2011 The Solar Impulse is taking part in the International Paris Air Show, the biggest such show in the world, where it has been billed as a special guest. It’s the aircraft’s second international flight. It took off from the military section of Brussels airport at 5.10am on Tuesday, taking advantage of a small weather window between rain…

EXHIBITION: How watchmaking conquered the world

This content was published on Jun 14, 2011 The Swiss National Museum presents a retrospective dedicated to the life and art of Abraham-Louis Breguet, probably the greatest watchmaker of all time. Originally from Switzerland, Breguet settled in Paris and by 1800 had established a network that covered the whole of Europe. The exhibition shows a selection of 175 pieces.

Strong franc leading to slower growth

This content was published on Jun 14, 2011 However, Seco maintained its prediction of 2.1 per cent growth for 2011, in its quarterly forecast published on Tuesday. In May, the Swiss franc reached record highs against all major currencies. The real effective exchange rate of the franc, which measures it against a basket of foreign currencies, has also now reached an all-time high.…

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Deportation monitors to watch but not tell

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Interest rates remain on hold

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White collar crime “certain to rise”

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Swiss gaze skyward for lunar eclipse

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Saving money by crossing the Swiss border

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SMEs prove optimistic in bank poll

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Swiss firms muscle into Slovenian markets

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Solar Impulse arrrives in Paris for air show

More

EXHIBITION: How watchmaking conquered the world

More

Strong franc leading to slower growth

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