News

Spotlight issue

14th February 2020 / Competitiveness / Social Responsibility


Over two-thirds of Sustainable Development Goals could be bolstered by emerging tech, including AI and blockchain

New report examines how technology advances can drive large scale, sustainable change across industries and deliver the Sustainable Development Goals

14th February 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


Czech Republic sees weaker growth and higher inflation

The Czech economy slowed down more than expected in 4Q19 but inflation surpassed market estimates mainly due to stronger than expected food prices

12th February 2020 / Competitiveness / Social Responsibility


T-Mobile Takeoffs: 20% of students want to start their own business, 64% of them are considering starting a business

  • 7 out of 10 students would consider environmental impacts when running own business
  • Sustainability is an important parameter for students and competitors from previous years as well
  • News in the tenth year of T-Mobile Takeoffs: the Award for Responsible Business and the Award for Best Technology Solution

10th February 2020 / Competitiveness / Macroeconomic Indicators, Economic Growth


CNB unexpectedly increases rates

The Czech National Bank unexpectedly raised interest rates at today's meeting by 25bp to 2.25%, with four of the seven board members voting for the hike. We expect the key rate to remain unchanged now before a cut at the turn of the year. 

 

10th February 2020 / Good governance / Legal Reform and Transparency


A major amendment to the Czech Corporations Act is imminent

A simpler way to pay up the deposit in low-capital LLCs; the entry of concrete individuals representing legal entities on the boards of companies into the Commercial Register; or the dissolution of inactive companies: these are a few of the concepts introduced by the amendment to the Corporations Act in the Czech Republic.

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