Business
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Vietnam’s BIDV bank: Prague was natural choice for our first office in EU
The state-owned Bank for Investment and Development of Vietnam has opened its first office in the European Union here in the Czech Republic. Located in Prague’s upmarket…
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Czechs increasingly charitable despite economic woes
Over the past two decades, philanthropy has become an important part of Czech society, with many people being increasing generous in giving to charity. Radio Prague looks…
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Business News
In Business News this week: the Czech public debt reaches a new high; Czechs buy less food, clothes and home appliances; Albania is set to withdraw ČEZ’s licence to…
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Czech economy set for moderate recovery in 2013, says economist Jan Bureš
Economically speaking, the year 2012 was a difficult one for the Czechs. The country’s economy, heavily dependent on exports to the eurozone, is according to most…
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Business News
In the past weeks in the Czech business world: Almost 3700 businesses had to close in 2012; the state deficit for the last year was lower than the government had expected…
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New laws to impact household budgets
With gloomy economic outlooks and continuing uncertainty on the job market Czechs are bracing for another tough year. In its determination to bring the deficit in public…
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Number of Czechs investing in gold on rise
Interest in precious metals and stones in the Czech Republic, is reaching new highs, either for personal use, in the form of jewellery, but in the form of bullion as an…
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Confusion surrounding VAT rate change vexing Czech firms
Following a vote in the lower house, the Czech Republic’s two VAT rates should increase on January 1. However, if the president – a critic of the change – doesn’t play…
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Ozdoba CZ – traditional Czech producer of Christmas baubles
With Christmas just around the corner, a search is underway in many households’ attics or basements for ornaments that will – in due time – decorate the Christmas tree. In…
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Czechs curb their Christmas spending amid growing financial concerns
With Christmas just around the corner the hustle and bustle in Prague’s streets and shops has visibly intensified. Yet behind the bright lights, the ever-present…
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Does ground-breaking China-Czech Republic train signal new era in railway transport?
A pilot cargo train recently set a new record for covering the vast distance between China and the Czech Republic. The train, carrying 50 containers with computer parts…
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Business News
In Business News this week: Czech real wages continue to fall; few Czechs plan to join a new pension system; Qatar Airways and Korean Air are interested in acquiring Czech…
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