As at the end of June 2020, 106 companies were active in the area of asset management in Liechtenstein. When compared with 2019, the total number is therefore unchanged. However, the sector has secured new money inflow of around 1.1 billion Swiss francs.

In 2019, Liechtenstein was ranked as one of the world’s most research-intensive countries. In specific terms, Liechtenstein spent 5.6% of its GDP on research and development activities. Overall, 98 percent of the total of 375.4 million Swiss francs invested internally is attributable to private companies.

At the Swiss Employer Awards 2020, Liechtensteinische Landesbank (LLB) and Bank Linth made it into the leading group of the category for medium-size companies. The awards are handed out based on the evaluations of company employees.

LGT has been named Best Private Bank for Alternatives for the third time as part of the Global Private Banking Awards. In the Impact and Sustainable Investing category, the banking group was awarded the rating of “highly commended”.

– This year’s Digital Day in Vaduz was attended by several thousand people. The highlight of this digital event was a speech from futurist Matthias Horx. Other agenda items included a virtual sightseeing flight over Vaduz.

The Liechtenstein Institute has issued the government with a good report card for its coronavirus support measures. According to the institute, the economic aid packages were targeted correctly and successfully delivered.

The Liechtenstein Chamber of Commerce has held its Annual General Meeting. Participants were informed about the improved working capital situation and goals for 2021, among other aspects of business. Moreover, the establishment of a casino association was also approved.

Those attending the second conference on “Digitalization and Law” at the University of Liechtenstein focused on the role of digitalization. Topics under discussion included blockchain technology, artificial intelligence and the tokenization of industrial goods.

Hilti has introduced its first robot for semi-autonomous mobile ceiling-drilling. The robot can be navigated via remote control and helps mechanical, electrical and plumbing installation contractors tackle demanding overhead work.

The Liechtensteinische Landesbank AG (LLB) has successfully passed an assessment carried out by Health Promotion Switzerland. On Tuesday it became the first financial institution and second company in Liechtenstein to be officially allowed to call itself a “Friendly Work Space”.

The coronavirus crisis has made free trade even more important: that was the message of ministers from the EFTA Member States at a recent digital conference. They plan to press ahead with expanding the EFTA free trade network.

The Liechtensteinische Post is launching a new postage stamp embroidered from recycled PET thread. Philately Liechtenstein is issuing the “Globe” stamp to promote the recovery of recyclable materials from waste. A share of the proceeds will flow into the Global Field Plus project.

The official state ceremony to mark Liechtenstein’s National Holiday took place today at 11:30 a.m. in the Rose Garden of Vaduz Castle. Due to current circumstances, the ceremony was held without guests from Liechtenstein and abroad, and was livestreamed on www.staatsfeiertag.li.

In the latest edition of U-Multirank, the University of Liechtenstein has once more achieved several ratings of “Excellent”. The student survey was also positive for the university. Almost 100 percent of graduates find a suitable job quickly.

Schaan – In the fields surrounding the Hilcona factory, the harvest of baby carrots has started. This year, a total of 39 producers have been growing carrots for the convenience specialist on 90 hectares of land. Potatoes are being cultivated on a further 85 hectares.

On May 5th, Austria and Liechtenstein agreed on the implementation of Liechtenstein’s suburban railway. In a first step, the government has now applied for guarantee credit to accordingly develop the Feldkirch-Buchs railway network.

In Liechtenstein, customers will soon be able to post their letters and parcels again at all counters. Additional measures have been implemented that are designed to ensure the safety of both staff and the general public.

Liechtensteinische Post AG is offering local businesses benefits and free services to support the economy in these difficult times.

Liechtenstein Marketing and the Liechtenstein Chamber of Commerce have launched a new online platform. Companies that have switched to delivery services or alternative delivery routes can register there.

Six tourist destinations in eastern Switzerland are partnering with Liechtenstein Tourism to implement the Graubünden concept Zero Real Estate. Plans afoot will create hotel rooms with neither walls nor ceilings in the heart of nature.