News

Spotlight issue

3rd March 2021 / Good governance / Legal Reform and Transparency


The voting for the 12th Act of the Year has begun. There are five nominees to choose from

For the twelfth time already, the expert public will be choosing the legislative act of the year. In the Act of the Year 2020 survey, the organisers are selecting the best legal norms with a positive impact on the business environment in the Czech Republic. This year’s edition includes 5 nominees. The voting continues until 11 April 2021 and the announcement of the results will take place online on 20 April 2021.

 

2nd March 2021 / Competitiveness / Education


Educating women in tech: Q&A with Petra Kotuliakova

The CEO of Slovakia’s Aj Ty v IT explains how her company motivates and supports women in tech

Winner of the Tech Inclusion Award at the 2020 European Tech Women Awards, Petra Kotuliakova has dedicated the last nine years of her life to educating and empowering women to join the IT/tech industry. Petra is CEO and Founder of Aj Ty v IT (“You, too, in IT”), a Slovak nonprofit organization started in 2012 with a mission to promote more inclusivity for women in the tech field. In addition to educating women and girls, Petra is networked with Slovakia’s top tech companies so she can graduate her students immediately into successful careers. 

2nd March 2021 / Economic policy / Macroeconomic Indicators, Economic Growth


Czech economy performed better at the end of 2020

The Czech economy grew by 0.6% in the last quarter of 2020 despite the second wave of Covid-19. Exports supported the economic expansion, confounding markets which had expected a contraction. We remain optimistic about a recovery in the second half of the year, despite the current worsening of the pandemic and third Covid wave

1st March 2021 / Competitiveness / Business and Industry


Emergency measures in the Czech Republic as of March 1

We are continually updating this guide in response to the gradual publication of official information by public authorities. Latest update: 1 March 2021 (Restrictions on movement, the requirement to wear masks, Closure of schools, Retail sale and services, Testing of employees).

We are bringing employers up-to-date practical recommendations and advice.

 

1st March 2021 / Competitiveness / Tax & Finance


OECD on loss situation due to COVID

Lower levels of demand. Disruptions to supply chains. Increases in exceptional, nonrecurring operational costs. These are the key factors which have led to a loss situation faced by many companies of multinational groups during the COVID-19 pandemic, irrespective of whether they are a limited risk or a fully fledged entity. What is the OECD’s view regarding how entities should approach transfer pricing in light of these circumstances?

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