Saturday, 27 June 2020
National | Business |

It's been a rainy few weeks in Czech Republic, but relief is on the way: expect warm, summery weather across the country come this weekend.

Business | Radio Prague

The minister of regional development, Klára Dostálová, has not delivered on pledges to Czech hotels and their clients hoping for state help following the coronavirus crisis, Hospodářské noviny reported on Monday. In April Ms. Dostálová promised domestic tourists a CZK 10,000 state contribution at any hotel, the daily said. However, the reality today is that the maximum contribution is CZK 4,000, with that sum applying for spa facilities alone.

Finance | Transparency International

For many people, the coronavirus pandemic has highlighted the importance of public services, especially hospitals and schools, and the funding that supports them. Every cent counts. The crisis has also shown that when there is less oversight of how governments spend taxpayers' money, corruption risks increase.

Business |

Two Prague restaurants, La Degustation Boheme Bourgeoise and Field, have retained their Michelin stars in the Main Cities of Europe Michelin Guide for 2020.

Business | Prague Daily Monitor

Ladislav writes about some must have marketing channels for art galleries and museums, then adds some additional interesting options.

Business | Radio Prague

The Czech company Bohemia Interactive Simulations started out producing PC war games and now supplies British or American soldiers with combat simulators, the news site ihned reported on Friday, highlighting one Czech company's success story.

Business | Brno Daily

Personnel consulting agency Randstad has awarded Škoda with the title of most attractive employer in the Czech Republic. It is the second year in a row that Škoda has won this award.

Business | Prague Leadership Institute

"Always bear in mind that your own resolution to succeed is more important than any other one thing." Today's inspirational thought comes from Abraham Lincoln whose leadership was tested through some of the most challenging times in American history.

Business | Brno Daily

The installation was first displayed to the public in August 2018 on Malinovskeho namesti, and should remain in its new location for at least two years. Its main goal is to demonstrate the collection and subsequent ecological distribution of rainwater.

Finance | Radio Prague

One third of Czech households have experienced a drop in income due to the restrictions related to the Covid-19 outbreak, according to the results of a poll conducted by the Public Opinion Research Centre, released on Wednesday. Nearly 50% of employees and 75% of the self-employed said they had felt the negative impacts of the coronavirus crisis.

Finance | Reuters

Czech Prime Minister Andrej Babis wants further negotiations on the European Union's 750 billion euro recovery fund and how the funds are distributed but did not rule out a veto when speaking to lawmakers on Thursday, CTK news agency reported.

Business |

Telecom company O2 is launching a 5G mobile network in Prague and Kolín. It will cover the wider centers of both Czech cities. The fast internet connection will be available to 15% of the capital's population.

Business | Brno Daily

The resort, planned for Nové Mlýny, in the South Moravian beauty spot of Pasohlavky, will be the biggest spa resort in Central Europe. The primary investor is Chinese property developer RiseSun.

Business | Reuters

The Czech National Bank cut the countercyclical capital buffer rate for banks on Thursday for the second time since the end of March, seeking to bolster a sector key to reviving an economy hit by the coronavirus outbreak.

Business | Broadband TV News

Over 80% of Czechs are in favour of the country's public broadcasting to continue being funded by receiver licence fees. Quoting the findings of research undertaken by the Median and STEM/MARK agencies, Ceska Televize adds that the current level of fees is considered appropriate or too low by 84% of people in the case of Czech Radio and 81% in the case of CT.