Saturday, 15 August 2020
Business | Radio Prague

Czechs are growing increasingly fond of electric bikes, Czech Radio reported on Thursday. According to one of the country's biggest e-bike sellers, Ekolo.cz, sales have grown by one-third compared to the previous year. One of the factors behind the growing sale of e-bikes is the coronavirus outbreak. People are holidaying at home and are also using bicycles to avoid public transport. A recent study by Deloitte suggests the number of e-bikes will continue to increase in the coming years.

Business | ING Think

Czech inflation grinds higher as the price of tobacco, transport and alcoholic beverages rise. For the whole year, inflation is likely to be around 3%.

Business | Radio Prague

As the government's temporary measures adopted to limit the negative impacts of the coronavirus crisis draw to a close, an increasing number of Czechs are starting to face serious financial difficulties. Indeed, debt advisory centres around the country are reporting a surge in the number of clients seeking their advice.

Business | Brno Daily

An independent study ranked the Czech Republic as the 10th best country in the OECD to raise a family, well above the other Visegrad countries and all eastern European countries. The country was ranked highest in safety, and the lowest in its (family) happiness, scoring an overall B+.

Prague | Business | Expats.cz

In Prague, residents and tourists using the metro must wear a mask or other nose and mouth covering when on public transit. However, during the month of August, police officers across Prague have caught and fined an increasing amount of people who did not wear a mask when using the public transit.

National | Business | Radio Prague

The Czech Republic has been accused by Belarusian President Alexander Lukashenko of organising demonstrations in the country that erupted after official results of the presidential elections handed the incumbent a landslide victory. The Czech prime minister has condemned the tough crackdown on demonstrators – and says he hopes an EU summit will lead to action.

National | Business | Brno Daily

Plans have been approved to provide assisted housing to elderly parents of disabled children, to allow them to continue living together as long as possible thanks to shared housing and on-demand nurses and care. The accommodation will be the first of its kind in South Moravia, and should be open to tenants in 2022 after renovations.

Business | Radio Prague

Czech tour guides are suffering from a serious decline in clients this year due to the coronavirus pandemic. With business down by 90 percent and the majority of them out of work, the Czech Republic's Guides Association says it wants to discuss possible relief measures with the government.

Business | Expats.cz

One local company in the south of Czech Republic is taking advantage of tourism to the area by installing a one-of-a-kind potato vending machine. The local company Vesa, located near Velhartice in the Klatovy region, grows and cultivates their own potatoes, according to iDnes.

Finance | Brno Daily

The National Fiscal Council (NRR) is casting doubt on whether the plans that the government has announced for changes to pensions and the tax system comply with the budgetary limits. In particular the NRR are worried that the recently announced pension increase and the abolition of super-gross wages will unbalance the budget and not be sustainable in the medium to long-term.

Business | Prague Daily Monitor

We live in fast and furious times. No matter if you are a grocery at the corner or a downtown shop. You need to continue evolving and innovating to keep customers engaged over time. Customer loyalty is the key to your future success.

Business | Radio Prague

Tourism was, unsurprisingly, one of hardest hit sectors when the Czech Republic's borders were shut during the country's coronavirus lockdown. Figures released on Friday have confirmed the worst. In the second quarter visitors were down 83 percent nationally – and no less than 94 percent in Prague.

Business | Real Estate | Brno Daily

For years, both rents and real estate prices have been rising quickly and significantly, with rents increasing at a slightly steeper rate. During the volatile first half of 2020, however, house prices seemed unaffected by the pandemic, whereas rents are seeing a declining trend, leading to a 50% year-on-year increase in prospective renters.

Business | Prague Leadership Institute

Franklin Delano Roosevelt realized how easy it was to live in a bubble of power and authority and be disconnected from reality. I see this frequently in business when leaders create an atmosphere of quiet acceptance in which people are intimidated and do not speak out, other than to agree.

Prague | Business | Expats.cz

The City of Prague plans to open five new Covid-19 testing points this month in an effort to provide residents and visitors with sufficient options to get tested and increase the daily number of tests the city can conduct, Deputy Mayor Petr Hlubuček has announced.