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Spotlight issue

18th June 2021 / Good governance / Social Responsibility


LINET Provides Support to the Côte d'Ivoire in the Fight Against COVID-19

Twenty Eleganza 1 beds, worth €40,000, were donated by LINET as direct aid to the Côte d'Ivoire's healthcare system in the fight against the COVID-19 pandemic. The donation will be used at the Center Hospitalier Universitaire (Chu) in Treichville, which is part of the Abidjan metropolitan agglomeration.

18th June 2021 / Good governance / Legal Reform and Transparency


Detailed home office regulation still not in sight (II): employee monitoring

In this article, we deal with the pitfalls that the monitoring of employees working from home may pose for employers. In this case, the employer’s right to know whether employees are performing the assigned work during working hours and are not misusing working tools issued to them stands against the employees' right to privacy.

 

18th June 2021 / Competitiveness / Digital Agenda


Remote life: Automation, application reduction, and automatic tracking of KPIs can help improve your team’s work habits

Promptly sending employees to their home offices is how most organizations responded to the coronavirus crisis. This resulted in a change of the typical work model, leaving a room for its improvement. The scope of work itself has remained the same or similar, but the work environment, work habits, cooperation, and communication between colleagues have changed dramatically. So, how can managers reduce and prevent the potential negative effects of this change on employees? Conversely, how can they take advantage of the benefits of working from home and adaptive or hybrid workplaces? The answer is a better use of artificial intelligence and data.

18th June 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


June rate hike likely to signal CNB’s readiness to fight inflation

The Czech National Bank (CNB) is likely to raise interest rates next Wednesday. This follows on from statements made by the bank board, indicating that five of the seven board members voted for a rate hike in June. According to the central bankers, inflation remaining above the two-percent target for more than two years is the main reason for early policy tightening. They especially mention a possible adverse impact on inflation expectations. A 25bp increase in June should therefore signal that the CNB is ready to fight higher inflation. However, we do not expect the repo rate to move above 1% at the end 2021.

16th June 2021 / Good governance / Legal Reform and Transparency


A change for most companies: incorrectly defined line of business

In keeping with many years of established practice, most companies have "Manufacture, trade and services not specified in Annexes 1 to 3 of the Trade Licensing Act" listed as their line of business in their bylaws or articles of association, without being more specific. If this is you, please read on! 

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic