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Czech Republic: Growth is better than expected
Revised GDP data from the Czech Republic suggests that the third-quarter was slightly better than the first estimate. The economy grew by 6.9%, but the second wave of the pandemic will push the last quarter into contractionary territory again but the overall outlook for 2021 should improve as vaccines become available
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AmCham Human Resources Committee outlined the future of the employer and employee relationship
The 2020 AmCham General Assembly series continued on November 27 with Human Resources Committee session on the future of the employer and employee relationship.
Czech Republic the Country for the Future: AmCham Exchange on How to Transform Into an Innovative Economy
On November 26, Minister of Industry and Trade Karel Havlíček outlined his vision for the Czech Republic to be presented in the long term as the added value oriented country. Deputy Minister Petr Očko confirmed priorities in the area of digitization, investment in 5G, support to AI, and startups - all within the framework of EU legislation currently in the pipeline.
AmCham Board of Directors announced
Today, we debated how to move faster on the path to becoming The Country for The Future with Minister of Industry and Trade of the Czech Republic Karel Havlíček, Deputy Minister Petr Očko, Milan Šlapák of GE Aviation, Tomáš Kolář of Linet Group, Ondřej Krajíček of Y Soft, and Martin Jahn of Volkswagen.
Q3 2020: Growing interest in mobile data – support for the Czech economy – Gigabit society
Also, in the third quarter of 2020 the pandemic situation affected life and the state of the economy in the Czech Republic. In the second quarter, T-Mobile focused on measures to start the economy. In the summer months operator came up with a unique campaign to revive tourism industry in the Czech Republic. Despite the uncertain economic situation caused by the pandemic, T-Mobile achieved an improvement in key financial indicators in the third quarter compared to the second quarter of this year. The largest domestic mobile operator continued to successfully pursue its strategic goals, especially the liberalization of Internet and the building of a gigabit society. In the area of CSR, T-Mobile distributed almost two million crowns to projects aimed at combating loneliness and social isolation caused by the coronavirus pandemic.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- 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.
