News

Spotlight issue

30th September 2020 / Competitiveness / Transport, Infrastructure and Tourism


At Panattoni Park Stříbro, a Raben warehouse has been built at record speed

In less than four months, Panattoni, the industrial zones builder, has built a new hall at Panattoni Park Stříbro for Raben Group. Back in the spring, it seemed that it would take a small miracle for the schedule to be met. The developer had started construction work at the most difficult time, when the Czech Republic was imposing an extensive set of quarantine measures, and it also had to deal with delays due to archaeological research. However, thanks to the good coordination of the construction and the extreme commitment shown by the contractor, the 10,000 m2 building was finally handed over for use as originally planned.

30th September 2020 / Competitiveness / Trade and Investment


First change to new investment incentive criteria

In response to the coronavirus pandemic, the Ministry of Industry and Trade has submitted an amendment to the Government Decree on Investment Incentives aiming to provide more substantial support for investments involving selected strategic products.

29th September 2020 / Good governance / Legal Reform and Transparency


Establishing companies online in Czechia – another step towards full digital governance

The EU Digitalisation Directive makes it possible to create a company (and pay up the company’s capital stock) remotely from anywhere, even one’s garden or cottage, as long as the founder has internet access.

29th September 2020 / Politics / Elections


The US elections: What you need to know

As Trump and Joe Biden go head to head for their first presidential TV debate tonight, we outline the key issues, the factors that could still swing the outcome and three possible scenarios. Despite leading in the polls, the risk of a weak performance by Biden as sometimes seen during the Democrat primaries means his victory isn't assured either

25th September 2020 / Economic policy / Macroeconomic Indicators, Economic Growth


CNB stays on hold as expected but acknowledges risks

As broadly expected, the CNB left monetary policy unchanged at today's board meeting. The latest economic developments were seen as not diverging from those outlined in the latest CNB forecasts. CZK weakening was again called a natural stabiliser. We expect policy rates to remain unchanged until 1Q22. If the CNB sees the need to loosen monetary policy, we think it would do so by CZK devaluation.

Strategic Directions for Czech Economic Policy

  1. 1) Transition to High-Tech Manufacturing
  2. 2) The City Campus as Idea Factory
  3. 3) Government Programs That Drive Innovation
  4. 4) Government as a Competitive Advantage

Advocacy Priorities for 2020-2022 
 
People, Technology, Infrastructure, Cities, Government

 

2020 Actions Recommended in Areas:

1. Immigration.

2. Adult (post-graduate) Education and Training.

3. Programming as the Required Language.

4. Private Research Investment.

5. Housing Plan.

6. Establishing Policy Objectives for Research.

7. Establishing Databases for Tracking Public Policy Outcomes.

8. Public Procurement as an Innovation Tool.

9. A Government Competitiveness Scorecard.

 

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