News
At Panattoni Park Stříbro, a Raben warehouse has been built at record speed
In less than four months, Panattoni, the industrial zones builder, has built a new hall at Panattoni Park Stříbro for Raben Group. Back in the spring, it seemed that it would take a small miracle for the schedule to be met. The developer had started construction work at the most difficult time, when the Czech Republic was imposing an extensive set of quarantine measures, and it also had to deal with delays due to archaeological research. However, thanks to the good coordination of the construction and the extreme commitment shown by the contractor, the 10,000 m2 building was finally handed over for use as originally planned.
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First change to new investment incentive criteria
In response to the coronavirus pandemic, the Ministry of Industry and Trade has submitted an amendment to the Government Decree on Investment Incentives aiming to provide more substantial support for investments involving selected strategic products.
Establishing companies online in Czechia – another step towards full digital governance
The EU Digitalisation Directive makes it possible to create a company (and pay up the company’s capital stock) remotely from anywhere, even one’s garden or cottage, as long as the founder has internet access.
The US elections: What you need to know
As Trump and Joe Biden go head to head for their first presidential TV debate tonight, we outline the key issues, the factors that could still swing the outcome and three possible scenarios. Despite leading in the polls, the risk of a weak performance by Biden as sometimes seen during the Democrat primaries means his victory isn't assured either
CNB stays on hold as expected but acknowledges risks
As broadly expected, the CNB left monetary policy unchanged at today's board meeting. The latest economic developments were seen as not diverging from those outlined in the latest CNB forecasts. CZK weakening was again called a natural stabiliser. We expect policy rates to remain unchanged until 1Q22. If the CNB sees the need to loosen monetary policy, we think it would do so by CZK devaluation.
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.
