Competitiveness

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

16th December 2020 / Competitiveness / Digital Agenda


Many people have learned to use new services. This is good news for tech companies, says Libor Čížek from Citi Commercial Bank

Thanks to automated solutions, the usual banker skills of years past are no longer enough. Communication with clients is more technical and project-managed by various implementation teams focusing on the development of services for digital economy companies, from e-commerce to software to fintech. “Cooperation therefore requires involvement of IT people on both sides,” says Libor Čížek from Citi Commercial Bank, where he leads a section focused on services for digital companies. He adds that “as for other trends, it is mainly about shifting the bank’s corporate customer experience closer to the retail banking customer’s experience, despite the higher complexity of services in the corporate world.” Another key aspect is the digitisation process, which has been accelerated by the ongoing pandemic.
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15th December 2020 / Competitiveness / Tax & Finance


Lump-sum Benefit for Meal Allowance

According to an amendment of the Income Tax Act approved by the Chamber of Deputies, employers will be able to provide employees with tax advantageous meal allowances directly in cash, in addition to the current options of providing company catering or meal vouchers.
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11th December 2020 / Competitiveness / Technology, R&D and Innovation


T-Mobile and AGC test transparent glass antennas and windows that lower signal attenuation

Initial testing in Europe successfully completed Glass antennas for mobile networks – the ideal solution for historic city centres and densely populated areas New window glass featuring a coating that lowers signal attenuation for homes and for example modern railway cars Quick solution for improving coverage and increasing the capacity of mobile networks, including 5G
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Members of the American Chamber of Commerce in the Czech Republic