News

Spotlight issue

23rd March 2021 / Good governance / Legal Reform and Transparency


Revamped rules for crowdfunding in the Czech Republic

On 10 November 2021, new rules for crowdfunding will come into force. However, these rules will not affect consumer financing (as represented e.g. by the zonky.cz project: people lending to people), but strictly to entrepreneurs and SMEs and loans in amounts of up to EUR 5 million.

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


Czech industry weakened slightly at the beginning of the year

At the beginning of the year, industrial production weakened roughly as expected, as car production declined. Domestic orders fell sharply. We expect manufacturing to weaken for the entire first quarter. The brake is on the supply of components and restrictions for workers due to the pandemic. In the coming quarters, production growth should continue, reaching less than 10% for the whole year.

18th March 2021 / Competitiveness / Digital Agenda


29% of Cyber Threats Previously Unknown, HP Research Finds

HP threat intel team reveals rising web browser exploits, RAT-infested delivery alerts, DOSfuscation and other hacker activity

18th March 2021 / Competitiveness / Business and Industry


AmCham Real Estate Council Hotel Market Overview: “The ones who are best at managing costs will come out as winners.”

AmCham Real Estate Council chair Bert Hesselink of CTP Invest presented results of AmCham Hotel Market Survey, showing that less than 5% of respondents are definite about closure of their hotel. Around 75% of respondents see strong demand from customers to travel. Respondents rate government support at 3 out of 5 (on the scale 1-highest, 5-lowest score). Agata Janda of JLL added the CEE perspective and trends, Jan Adámek of JAN Hospitality provided further data on the Prague market, and hoteliers shared their experience from day-to-day operation of hotel nowadays.

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