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Economy expected to grow faster next year

This content was published on Apr 8, 2005 The revised forecasts come as the official unemployment rate dropped slightly to 3.9 per cent in March, mainly as a result of seasonal factors. The Basel Economics (BAK) analysis centre is forecasting a growth rate of 1.4 per cent for the current year, down from a figure of 1.6 per cent published in January. The…

Hobby keeps pensioner on track

This content was published on Apr 7, 2005 Over the past four years, her husband and son have turned their home into a railway zoo, complete with crocodile locomotives and other legendary iron beasts. Doris Wymann says the old locomotive brings the garden to life, but her husband says she needed some convincing before she agreed to open a museum. “At the beginning,…

Swiss companies set to do more Asian business

This content was published on Apr 7, 2005 Deiss also intends to use his visit to help kickstart the economy in the Indonesian province of Aceh – the region worst affected by the tsunami disaster. Deiss made his first stop in Singapore, which is considered a key business centre for Switzerland. “There are more Swiss companies in Singapore than any other country in…

Deiss opens Swiss Business Hub in Singapore

This content was published on Apr 7, 2005 The hub is designed to offer assistance to Swiss small- and medium-sized enterprises (SMEs) looking to establish a presence in southeast Asia. Speaking at the end of the first leg of a five-day tour of Singapore and Indonesia on Friday, Deiss said the new hub was the “ideal strategy” for assisting Swiss SMEs looking for…

Swiss favour more social cover

This content was published on Apr 6, 2005 Most of those polled believe the social security system is in bad shape and will be in even worse condition in years to come. The Univox study carried out in September by the GfS polling institute in Zurich shows that nearly a quarter of those questioned want a reinforcement of social security, while a third…

Cesky Telecom slips from Swisscom’s grasp

This content was published on Apr 6, 2005 The Czech cabinet approved the sale on Wednesday to Spain’s Telefonica, the highest bidder, which put €2.7 billion (SFr4.19 billion) on the table. Swisscom spokesman Sepp Huber said the company regretted the Czech government’s decision. Switzerland’s leading telecommunications group submitted its bid last week to the Czech Republic’s National Property Fund. Its offer amounted to…

Lessons from the “mouse that roared”

This content was published on Apr 6, 2005 In an interview with swissinfo, Borel talks about innovation, the strengths and weaknesses of the Swiss – and why people like him should not be allowed to vote. Borel, the keynote speaker at the presentation of this year’s Zurich Cantonal Bank-sponsored Pioneer Prize, served as Logitech CEO until 1998 and is now chairman of the…

Migros boss is ready to repel boarders

This content was published on Apr 6, 2005 In an interview with swissinfo, Anton Scherrer says Migros has no plans to change its strategy, and denies that further cost-cutting would be at the expense of employees. Scherrer, who retires as president of the general management team this year, was speaking after he presented the group’s annual results in Zurich. 2004 was one of…

Corn roots out unwanted pests

This content was published on Apr 6, 2005 Their results could lead to more efficient pest control and solve a billion-dollar problem faced by maize growers around the world. The study focused on how corn plants react to damage inflicted on them by the larvae of a beetle called the Western Corn Rootworm. The female lays eggs beneath the soil near a plant,…

“Orange giant” almost doubles profit

This content was published on Apr 6, 2005 The result confirms Migros as Switzerland’s number one retailer ahead of archrival Coop, which saw its profit last year fall by 6.2 per cent. A national federation of regional cooperatives, Migros said on Wednesday that turnover had increased to more than SFr20 billion. It added that it had increased its market share in Switzerland in…

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Economy expected to grow faster next year

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Hobby keeps pensioner on track

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Swiss companies set to do more Asian business

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Deiss opens Swiss Business Hub in Singapore

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Swiss favour more social cover

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Cesky Telecom slips from Swisscom’s grasp

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Lessons from the “mouse that roared”

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Migros boss is ready to repel boarders

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Corn roots out unwanted pests

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“Orange giant” almost doubles profit

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