News

Spotlight issue

13th March 2024 / Competitiveness / Macroeconomic Indicators, Economic Growth


AmCham Business Outlook: The decisions Czech businesses make this year on investment in sustainable technologies will determine competitiveness of our product mix

AmCham's membership gathered last week to discuss the insights of David Marek of Deloitte, Jaromír Šindel of Citi, Petr Materna of Kearney, and Jiří Švejcar of Boston Consulting Group at our annual AmCham Business Outlook at the OREA Hotel Pyramida Praha.

6th March 2024 / Good governance / Legal Reform and Transparency


HR Legal Alert - Legislative changes and information from the authorities

  • Amendment to the Labor Code
  • Information of the State Office of Labour Inspection on issuing certificates pursuant to Section 324a(8) of the Labour Code
  • Judicial decisions
  • Possible indirect discrimination against the employee and creation of an obstacle to work on the part of the employer
  • Failure to communicate with the employer as a failure to meet the requirements for proper performance of work and grounds for dismissal

 

6th March 2024 / Economic policy / Macroeconomic Indicators, Economic Growth


Outlook for the Czech economy in 2024: Recovery from high inflation

A look back at last year reveals the problems of an economy that has undergone a series of unusually strong shocks in recent years. From the pandemic to the energy crisis. Unfortunately, the Czech Republic is the only EU country that has still not been able to cope with the negative effects of these shocks and where the performance of the economy has still not reached the level of the end of 2019. 
However, last year can also be seen as a turning point. The government was able to push through a consolidation package that should bring public finances significantly closer to a sustainable long-term position. In other words, the growth rate of government debt as a share of GDP should slow down significantly in the coming years. 

29th February 2024 / Good governance / Legal Reform and Transparency


Legal Update - February 2024

News in legislation 
  • Regulation on a Single Market for Digital Services

 

26th February 2024 / Economic policy / Technology, R&D and Innovation


AmCham Big Bets: We must concentrate our resources on developing assets that have greater capacity to expand than others

Last Thursday, AmCham Czechia, along with Brno University of Technology and CEITEC - Central European Institute of Technology, debated with Deputy Prime Minister for Digitization and Minister for Regional Development Ivan Bartoš how we can use this country's growing scientific and technological capability to address the single largest threat to our economies - climate change - and transform the economy at the same time. 

 

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