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23rd June 2016 / Competitiveness / Trade and Investment


Video: Prague, Rising Above

View this new video promoting Prague as a great investment destination. “We believe we need to join our city development plans and our national economic strategy together. Cities create regional economies, and regional economies are what construct national economies..." 

29th July 2016 / Economic policy / Business and Industry


Radio Praha: Swopping views on how to deal with sharing economy

The sharing economy is one of those vogue terms that can perhaps best be explained by some of the concepts which have been made possible by the Internet, digital applications, and credit cards. Crowd funding is one. Others are flat and house renting applications such as Airbnb or Booking, or perhaps one of the most famous of all, the car renting and delivery service, Uber. But they have often clashed with tradition sectors of the economy.

 

24th July 2016 / Competitiveness / Business and Industry


BDO International Business Compass 2016: Czech Republic ranks 26th worldwide, but its potential is below average in regional comparison

According to the 2016 BDO International Business Compass, the Czech Republic ranks 26th in overall social and economic development worldwide, down one place compared with 2015. Also, the country ranks 4th for market potential within the Eastern European region (which includes Central Europe); this is below the region's average. 

24th July 2016 / Competitiveness / Employment and Social Affairs


OECD 2016 Employment Outlook: After crisis hourly real wage in Czech Republic more then 25% below where it could have been

According to the 2016 OECD Employment Outlook published in July 2016, real wages fell sharply during the crisis in Greece, Ireland, Japan, Portugal, Spain, and the Baltic States. Comparing real wage growth during 2000-07 with 2008-15, a number of other countries, including the Czech Republic, Estonia, Latvia, and the United Kingdom, experienced a sharp deceleration.

21st July 2016 / Competitiveness / Employment and Social Affairs


2016 Social Progress Index: Czech Republic ranks 22nd, gets high scores for water & sanitation, access to basic knowledge, personal freedom & choice

According to the 2016 Social Progress Index, in the Basic Human Needs Dimension, Czech Republic performs best on Water and Sanitation and has most opportunity to improve on the Shelter component. In the Foundations of Wellbeing Dimension, Czech Republic scores highest on Access to Basic Knowledge but lags on the Health and Wellness component. In the Opportunity Dimension, Czech Republic is strongest on Personal Freedom and Choice and has the most room to improve on Tolerance and Inclusion.

20th July 2016 / Competitiveness / Transport, Infrastructure and Tourism


TOL.org: Cubing in Prague

The Czech capital hosted the 2016 European Rubik’s Cube Championship, as the cube, a Hungarian invention, came home to Central Europe. The event saw a new European record for fastest single solve with a time of 5.13 seconds, the TOL.org portal wrote.

 

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Members of the American Chamber of Commerce in the Czech Republic