News

7th May 2018 / Competitiveness / Transport, Infrastructure and Tourism


Prague Joined the TOP 10 Meetings Destinations of the World

Prague has succeeded in the global competition and occupied the eighth place in the ICCA ranking of the most popular congress destinations. In 2017, according to the Czech Statistical Office, 4,127 conferences were held in the Czech capital, representing a third of all the events that took place in the Czech Republic. More than half a million delegates participated in the Prague conferences, according to Prague Convention Bureau. 

4th May 2018 / Competitiveness / Technology, R&D and Innovation


Radio Praha: Groundbreaking research by Czech physicist opens door to faster data entry

Experts from the Institute of Physics at the Czech Academy of Sciences recently made headlines with groundbreaking research in which they uncovered a method for data entry and storage in computing that is considerably faster than what is available at present. The team was able to prove that Spintronics based on antiferromagnets could enter data 1000 times faster than in common memory media. Their findings made a splash within the scientific community and it's easy to see why: it has the potential to fundamentally change computing years down the line. Not least in the area of AI research, if a neuromorphic hardware component is achieved, Radio Praha's Jan Velinger wrote..

4th May 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


AmCham Finance Committee debate on CZK: "The official end of the currency floor turned out not to be the end of general environment and investors still had koruna as a target for investment.”

On April 12, AmCham Finance Committee held a discussion about CZK development with chief economists of our bank members, including Jan Vejmělek of Komerční banka, Jakub Seidler of ING Bank, Michal Skořepa of Česká spořitelna, and Helena Horská of Raiffeisenbank.

3rd May 2018 / Good governance / Business and Industry


EY Global Fraud Survey 2018: 56% of Czech business respondents believe that corruption in the country is widespread

6 out of 10 Czech managers and 8 out of 10 Slovak managers are ready to compete in a fair way and 56% of Czech respondents believe that corruption in the country is widespread, according to recent EY Global Fraud Survey 2018.

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