News

Spotlight issue

9th February 2019 / Competitiveness / Tax & Finance


Czechs are using smart banking more and more, and visiting bank branches less and less

  • Three quarters of Czechs who use banking services use a smartphone
  • Banks are doing little to promote what they offer, so clients are switching to competitors for similar services
  • Czechs are open to making payments with their smart phones; more than one third would do so

8th February 2019 / Competitiveness / Transport, Infrastructure and Tourism


expats.cz: The Czech Republic welcomed a record 10.6 million tourists in 2018

Tourism in the Czech Republic continues to soar at a record-breaking pace, and in 2018 the country welcomed more than half a million additional tourists compared to the previous year, expats.cz write.

8th February 2019 / Competitiveness / Technology, R&D and Innovation


eu-startups.com: 10 Czech startups to watch in 2019 and beyond

The Czech Republic is known for a solid infrastructure, a highly educated and skilled workforce, and relatively low living costs and wages. This week, we took a close look at the Czech startup scene and created a list of 10 promising startups to watch in 2019. All of the companies we’re listing below were founded within the past 2-3 years and all of them have a interesting as well as promising business model, eu-startups.com writes.

8th February 2019 / Politics / Transport, Infrastructure and Tourism


The Future of Prague's Transportation System with Praha Sobě

Current Master Plan of Prague outlines the growth of the city only to its borders. We need to include the outskirts in order to let Prague grow sustainably. On February 8, Adam Scheinherr, Prague’s Deputy Mayor for Transportation, and City Councillor Lenka Burgerová (both Praha Sobě) were our guests at another round of AmCham talks with City Hall representatives on key issues.

6th February 2019 / Good governance / Legal Reform and Transparency


Dentons launches interactive tool on Transparency Registers laws in all EU markets with the support of the Nextlaw Referral Network

Dentons, the world’s largest law firm, has collaborated with the Nextlaw Referral Network to expand its interactive EU Transparency Register laws tool to cover all 28 countries in the European Union.  

Strategic Directions for Czech Economic Policy

  1. 1) The home of value-added manufacturing
  2. 2) Prague-Brno-Ostrava Creative Triangle
  3. 3) Health Care as an export industry
  4. 4) Government as a competitive advantage

Advocacy Priorities for 2018-2020 
 
People 

1. Setting a predictable policy for economic immigration based on the goal of maintaining current levels of employment for Czech citizens and wage growth that corresponds to productivity growth.  

2. Establishing incentives for companies and individuals to provide the qualifications and skills necessary for the automation of production and service industries.  

3. Introducing machine and computer programming as a required language in elementary and high schools.  

4. Improving the Healthy Life Years of the workforce and overall population through better prevention programs, better diagnostics, and better treatment.  
 
Infrastructure 

1. Develop a plan for developing and maintaining an integrated rail, road and air commercial logistics systems.  

2. Integrate the Prague airport into the national commuter network.  

3. Increase digital infrastructure capacity throughout country. 

4. Develop a housing plan that will create more entry-level housing in Prague and Brno for purchase or rent.  
 
Technology 

1. Reform investment incentives to concentrate on product research, development and production.  

2. Establish policy objectives in the area of health, energy, transport, environment and other areas and use these objectives for allocating public research funds. 

3. Require major public procurements to use objective and measurable criteria for innovation. 

 

Read the document 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