• 09/04/2018

    The Czech government has earmarked CZK 6.8 billion to try to ensure the country does not lack doctors in the future. That figure should ensure that the intake of medicine students at the country’s teaching hospitals increases by 15 percent.

    A third of all doctors in the Czech Republic will be over the age of 60 by 2020 and the current number of medicine graduates is insufficient to replace the medics who will be retiring in the coming years.

    Author: Ian Willoughby
  • 09/04/2018

    Markéta Vondroušová has been knocked out in the fourth round at the US Open in New York. The 19-year-old Czech took the first set against Lesja Curenko of Ukraine but eventually lost 7-6 5-7 2-6.

    That result means that the only Czech singles player remaining at Flushing Meadows is Karolína Plíšková, who will face America’s Serena Williams for a place in the semi-finals.

    Author: Ian Willoughby
  • 09/04/2018

    Police have changed another 35 people in a long-running fraud case concerning now bankrupt engineering company ČKD Praha DIZ, a significant player on domestic and international markets until two years ago. In total about 60 people, including the company's former owner, have been charged.

    The latest suspects are accused of helping the company evade taxes exceeding 850 million crowns in total, in part by issuing or processing fictitious invoices, or transferring funds offshore. In April, billionaire Petr Speychal, a former ČKD Praha DIZ owner, was charged with tax evasion by anti-corruption police.

    Prior to going bankrupt, ČKD Praha DIZ had been embroiled in a legal battle with Prague City Hall over completion of the controversial Blanka Tunnel in the capital, which cost the taxpayers some 43 billion crowns. It was the largest and most expensive project in the history of Prague.

    Author: Brian Kenety
  • 09/04/2018

    The average monthly salary in the Czech Republic increased by 8.6 percent year-on-year in the second quarter to 31,851 crowns, data released on Tuesday by the Czech Statistical Office (ČSÚ) show.

    In real terms, accounting for inflation of 2.3 percent during the second quarter, the average salary rose by 6.2 percent. In the previous quarter, real wages rose 6.6 percent, their fastest pace in 15 years.

    The median wage, the level at which most people are earning removing part of the distortion from high earners, stood at 27,236 crowns in the second quarter.

    Author: Brian Kenety
  • 09/03/2018

    Sales of computers on the Czech market rose by 17.5 per cent to 517,076 units in the first half of this year, according to Gartner Data & Analytics.

    The market was mainly driven by sales of notebooks, which rose by a quarter to 279,789 units sold. Demand for desktop PCs rose by 12 per cent.

    Author: Brian Kenety
  • 09/03/2018

    The Purchasing Managers’ Index (PMI) in the Czech Republic dropped to 54.9 points in August from 55.2 in July, according to financial services company Markit. Although the August figure is the lowest in a year, it still indicates improving conditions in the manufacturing industry, albeit at a slower pace.

    According to Markit, the PMI drop stems from weaker growth in production and new orders. Inflationary pressures remain high, with input price growth the second-highest since the end of 2017, mainly due to higher raw material prices, especially steel, as well as exchange rate developments.

    August's value is below the average of the last year, but is still solidly above the 50-point base level, and still just slightly below the 4-year average.

    Author: Brian Kenety
  • 09/03/2018

    According to the Supreme Audit Office (NKÚ), three major Czech hospitals bought medical supplies and medicines without seeking competitive offers between 2014 and 2016, in violation of the public procurement law.

    Inspectors found that during that period Brno University Hospital (FNB), Motol Hospital (FNM) and the Central Military Hospital (ÚVN) also paid wildly different amounts for identical drugs and devices purchased from the same supplier.

    Apart from examining the procurement process, the Office is also examining the pay-out of bonuses to the respective hospital directors.

    Author: Brian Kenety
  • 09/03/2018

    The occupancy rate of Prague hotels in July fell by 4.4 per cent in annual terms. Members of the Association of Hotels and Restaurants say the boom in shared accommodation services, in particular via Airbnb, is behind the drop, according to a survey by the ČTK news agency.

    Airbnb’s share of overnight stays in Prague stood at 14.7 per cent last year, up 4.7 per cent from 2016. The areas renting out the most flats via shared accommodation are the historical quarters of Nové Město and Staré Město, and the district of Žižkov.

    The number of guests staying in the Czech Republic through Airbnb last year rose 52 per cent to 1.02 million. Corresponding figures for its competitors Flipkey, HomeAway, House Trip, Vacation Rentals and Vrbo were not released.

    Author: Brian Kenety
  • 09/03/2018

    Among the new generation of teachers, there is a significant range in their own literacy, mathematical and other skills, pointing to regional and institutional inequalities in pedagogical education, a new study by the IDEA Institute says.

    According to the study, differences in the quality of education provided by various teaching faculties are widening. The respective competency of older generations of teachers does not vary to such an extent, regardless of where they earned their degrees, it says.

    Author: Brian Kenety
  • 09/03/2018

    Tuesday should be partly cloudy in central and northern Bohemia, but occasional light showers are expected in the regions of Pilsen, South Bohemia and Vysočina.

    Heavier rainfall is anticipated in Moravia, particularly in the south. Average daytime temperatures should be between 21 and 26 degrees Celsius.

    Author: Brian Kenety

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