We write to provide comment on the vaccination policy from the perspective of businesses. Our aim is to end the pandemic with the lowest loss of life possible and to return the economy to operations unaffected by pandemic as soon as the suppression of the pandemic makes it possible. These comments are made in recognition of the difficult choices facing the government, and are intended to put the organizational resources of private companies to work in helping the government and society to overcome this crisis.
Prague businessmen and experts launched a platform "DoToho!" to support recovery of mostly Prague-based SMEs with turnover from CZK3 million to CZK300 million. The program initiated by AmCham member Opero´s owner Pavel Přikryl and supported by City of Prague, EU funded Prague Smart Accelerator project and other companies such as Google or T-Mobile, will become part of Prague Innovation Strategy.
At the beginning of the year, industrial production weakened roughly as expected, as car production declined. Domestic orders fell sharply. We expect manufacturing to weaken for the entire first quarter. The brake is on the supply of components and restrictions for workers due to the pandemic. In the coming quarters, production growth should continue, reaching less than 10% for the whole year.
HP threat intel team reveals rising web browser exploits, RAT-infested delivery alerts, DOSfuscation and other hacker activity
AmCham Real Estate Council Hotel Market Overview: “The ones who are best at managing costs will come out as winners.”
AmCham Real Estate Council chair Bert Hesselink of CTP Invest presented results of AmCham Hotel Market Survey, showing that less than 5% of respondents are definite about closure of their hotel. Around 75% of respondents see strong demand from customers to travel. Respondents rate government support at 3 out of 5 (on the scale 1-highest, 5-lowest score). Agata Janda of JLL added the CEE perspective and trends, Jan Adámek of JAN Hospitality provided further data on the Prague market, and hoteliers shared their experience from day-to-day operation of hotel nowadays.
Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.