News
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.
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.
J.Bures, CSOB: Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced"
Prices of Czech residential housing are growing at the fastest pace in Europe, but that does not necessarily mean that the real estate is "overpriced". In relation to rental prices, it is not. In terms of accessibility, i.e. in relation to wages, it is, though, says Jan Bureš, Economist at CSOB and Chief Economist at Patria Finance.
ING Bank: Czech PMI stabilises in April
Czech PMI remains at its 6-month low in April. Although not a game changer for the central bank, the recent weakness of the CZK increases the likelihood of hikes in the second half of the year.
Vaclav Havel Airport Prague to become a non-smoking airport
On May 1st, 2018 Vaclav Havel Airport Prague became a non-smoking airport. From this date it will not be allowed to smoke in any interior areas and all the smoking corners in transit area will be closed. By this decision Prague Airport follows the modern trend and responds to passengers’ feedback. The smokers among passengers will still be free to use the designated areas in front of the terminal buildings.
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.