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UBS is reportedly preparing to retire one of its oldest top executives. The move paves the way for the Swiss bank’s highest-ranking female banker to take on a key business unit. The Zurich-based wealth manager is preparing to move Sabine Keller-Busse into the…
Despite the pandemic, Swiss watchmakers believe in-store shopping will prevail over digital platforms. The majority of Swiss watchmakers believe that bricks and mortar stores will remain the preferred sales channels for their products and will prevail over…
UBS is nabbing a prominent technology executive from crosstown rival Credit Suisse. It is the second such hire in short order. The Swiss bank is poaching David Tobin from Credit Suisse as its head of risk technology, a source familiar with the hire said. A…
Thai retail and mall conglomerate Central Group is partnering with an Austrian property developer to buy Swiss department store chain Globus. According to the Sonntagszeitung, a Swiss newspaper, both companies will take an equal 50-per-cent share in the…
The Swiss banking software company will help the bank to create a better customer experience for its affluent clients with performance calculation and a suite of wealth products and services. Avaloq has won more business in Southeast Asia, with Maybank Group…
Switzerland Global Enterprise and the Swiss Business Hub ASEAN announced that they will showcase the best of the country’s fintech ecosystem and expertise under its Swiss Pavilion in the upcoming Singapore FinTech Festival 2019. Returning for the third year,…
The Swiss Embassy in Singapore appointed a new Head of the Swiss Business Hub for the ASEAN region. Renee Koh joined the Swiss Embassy already in November 2018 as the new Head of the Swiss Business Hub for the ASEAN region, according to a news release on…
Singapore has been a major contributor to a continuing upswing in Swiss watch exports, reports the Federation of the Swiss Watch Industry. The value of watches sent to Singapore rose by 89.6 per cent last month, says the federation, mainly because of interest…
The governments of Indonesia and Switzerland have declared the readiness of both countries to implement the Automatic Exchange of Information (AEOI). The signing of the joint declaration was undertaken by Director General of Taxes, Ken Dwijugiasteadi, and…
Swiss luxury watch manufacturer Omega has opened its fourth boutique in Malaysia, at Suria KLCC, to cater to growing demand for its timepieces. The event kicked off with a ribbon-cutting ceremony and a traditional lion dance performance. Omega president and…
Watch exports from Switzerland had the biggest decline in six years with October marking a 39 percent slump in shipments to Hong Kong, which is the biggest market for Swiss watches. Overall, watch shipments declined 12 percent to 2 billion Swiss francs…
K.Diamond is a revolutionary skin care product that comes from the house of Swiss Lausanne Research and Development Center, which is a world leader in cell technology research. Recently, the Switzerland based lab decided to distribute and sell its products…
