News

Spotlight issue

17th May 2019 / Competitiveness / Tax & Finance


OECD Taxing Wages 2019 - The Czech Republic

The annual publication provides details of taxes paid on wages in OECD countries. It covers personal income taxes and social security contributions paid by employees, social security contributions and payroll taxes paid by employers, and cash benefits received by in-work families. It illustrates how these taxes and benefits are calculated in each member country and examines how they impact household incomes.

17th May 2019 / Competitiveness / Transport, Infrastructure and Tourism


UPS to open new hub near Prague

New package, freight and supply chain facility comes as businesses in the Czech Republic increasingly take advantage of export opportunities

16th May 2019 / Competitiveness / Trade and Investment


DHL Global Connectedness Index 2018: Globalization Hits New Record High

DHL released the fifth edition of the DHL Global Connectedness Index (GCI) – a detailed analysis of globalization, measured by international flows of trade, capital, information and people. The new GCI report represents the first comprehensive assessment of developments in globalization across 169 countries and territories since the Brexit referendum in the United Kingdom and the 2016 presidential election in the United States.

15th May 2019 / Competitiveness / Business and Industry


Brno City State Report 2019

Data is an essential for the Brno’s development and it is a condition for both more and less important decisions being taken based on knowledge, not impressions and unrealistic wishes. And if the Brno City State Report brings you to the city’s data portal – data.brno.cz, one of the report’s objectives will be met. Apart from complete statistics, charts, data interpretation and source links you can also find useful applications from various areas of the city life there.

14th May 2019 / Competitiveness / Transport, Infrastructure and Tourism


PCB: Prague Hosted Record Number of Meetings Last Year and Remains in the World’s Top Ten Most Popular Meeting Destinations

Prague, 14th May 2019 – Prague hosted a record number of conferences and congresses in 2018. Over 4,500 events took place in its collective accommodation establishments last year – that is more than a third of all events held in the Czech Republic. The Czech metropolis welcomed almost  540,000 delegates from all over the world. At the same time, Prague occupied the ninth position in the international ranking of the most popular meeting destinations this year.

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