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CMS, Cushman & Wakefield: Hotel Investment Scene in CEE
While the total cumulative transaction volume was in excess of EUR 7bn over the 17-year period 2000- 2017, the last five years accounted for nearly 42%, totalling almost EUR 3bn of investment (2013- 2017). The Czech Republic (with Prague already boasting the 10th largest hotel market in Europe), attracted the highest number of investment (38%), followed by Poland (28%) and Hungary (12%), a recently published analysis by CMS and Cushman & Wakefield says.
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EC 2018 Industrial R&D Scoreboard: Czech Republic: Aerospace & Defence Industry is the largest investor into R&D in 2017/2018
Companies in the European Union have increased their investment in research and development (R&D) for the eighth consecutive year. In 2017, they invested 5.5% more in R&D activities than the year before. This growth is driven by the automobile, health and ICT sectors, European Commission reports in its 2018 Industrial R&D Scoreboard.
T.Koláčný, Brno Deputy Mayor: "The primary aim of Brno is to attract students & professionals who are interested & motivated to become part of innovations."
On 13 December, AmCham Brno-based companies discussed future of the city with Deputy Mayor of Brno Tomáš Koláčný from the Pirate Party responsible for the Townhall's participation platforms and smart city projects, among others. The event was hosted by the Courtyard by Marriott hotel.
EY: Every third Czech would happily switch to a competitor offering better online financial services. Are banks ready for the digital banking revolution?
- Banks aren’t innovative enough and are losing touch with clients
- More than half of Czechs with a mortgage took it out somewhere other than their primary bank
- A quarter of clients wouldn't hesitate to share more personal information with a financial services provider in exchange for better customized services
ING Bank Czech Republic: Czech wage growth remains strong
Nominal wages grew by 8.5% year-on-year in the third-quarter. Wage growth slightly exceeded the consensus and the central bank estimates of 8.2%, mainly due to higher wage growth in non-market sectors.
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.
