On May 16 Stanislav Kouba, a director of the Income Tax Department, Ministry of Finance discussed the Income Tax Act and future tax policy with Peter Chrenko, Partner at PwC and the American Chamber of Commerce members at AmCham roundtable. 

"Helping people upskill and adapt to a fastchanging world of work will be the defining challenge of our time. We need aggressive workforce development to address the widening gap between the Haves and the Have Nots. Now is the time for leaders to be responsive and responsible: we cannot slow the rate of technological advance or globalization, but we can invest in employees’ skills to increase the resilience of our people and organizations. Individuals also need to nurture their learnability," Jonas Prising said during a discussion with CEOs of major companies operating in the Czech Republic.

Millennials’ confidence in business, loyalty to employers deteriorate. Respondents yearn for leaders whose decisions might benefit the world—and their careers

The Czech student prototype of the compressed air car has the best acceleration in Europe. With two vehicles, students of the Faculty of Mechanical Engineering of the Technical University of Technology (VUT) in Brno took part in the international race of student teams in Hungary. Pneumobil Racing Team Brno won three out of the five competition disciplines, and took the third and fourth place in the remaining two disciplines. In the competition of 36 university teams, the Czech team has achieved its best result so far.