NEWS

New data shows that more than 25 percent of the Swiss population are international residents. Federal Statistical Office published newest data on immigration. However, number of newcomers from abroad is declining.

Swiss economy is predicted to expand by 2 percent this year by cautions calculations made by the Swiss National Bank. This will mean its fastest progress in 4 years. Additionally, the surplus forecast for financial year 2018 is now projected at CHF 2 billion, better than previously estimated data.

The new survey conducted by EY shows that Switzerland is leading the pack when it comes to investments in research and development globally. Swiss companies dedicate 6.6 percent of their turnover to R&D, almost twice as much as is the global average.

As research shows trust in corporate and finance world is rapidly falling. Switzerland has been long known as one of the most trusted country in terms of financial, banking or – more recently – fintech services. Will it remain like that when distrust is spreading around the globe?

Swiss Federal Government published data on foreign residents in the country that showed numbers are on the rise. Over two million foreigners live in Switzerland, which makes for one quarter of the country’s total population. The beginning of the week brought also financial data of Swiss National Bank.