Tuesday, 15 January 2019
Finance | Brno Daily

From this January, the minimum wage will rise by CZK 1,150 to CZK 13,350 (around EUR 520). As well as improving the financial situation of those on minimum wage, the increase will also have an impact on tax duties and other financial obligations.

National | Business | Radio Prague

In her book The Greengrocer and His TV: The Culture of Communism after the 1968 Prague Spring, historian Paulina Bren offers fresh perspectives on various aspects of Czechoslovakia's normalisation period.

Business | Prague Daily Monitor

Prime Minister Andrej Babiš (ANO) announced that former ČEZ bigwig Jaroslav Mil, would be the next Special Envoy for Nuclear Energy. Babis made the announcement at a press conference, after the first cabinet meeting of the new year. Mil will replace Jan Stuller, who was appointed in 2016.

Business | Staffing Industry Analysts

The Czech Republic's labour market is expected to slow down in 2019 with wage growth and staff shortages predicted to persist, according to survey data from Grafton Recruitment. The data found that while wages are expected to continue to grow at a rate of 5%-8% per year, some firms are already talking about possible downsizing and related redundancies.

Business | The Guardian

Czech MPs are under pressure to enact emergency legislation that could provide an escape route for the country's vast army of debtors. They will vote on a radical new bankruptcy law this month after the Czech senate rejected an earlier proposal as too weak to tackle a crisis that critics say has left a trail of blighted lives and broken marriages.

Business | Prague Daily Monitor

Prime Minister Andrej Babis (ANO) told television host Vaclav Moravec, on his show on Czech Television, on Sunday, that the Chinese Ambassador Zhang Jianmin lied about what transpired when they met in late December.

Business | DW.com

Economists have heaped praise on Germany's policies toward emerging stronger from the global financial crisis, also in terms of employment. But it's actually the Czechs who've had the EU's lowest jobless rate for years.

Business | Prague Leadership Institute

Some 50 years ago I was a young salesman overwhelmed with trying to figure out what to do to be successful. My supervisor, a great guy I'll never forget, Larry du Bois, told me that I could accomplish so much more if I would just apply some discipline to my approach.

Business | Radio Prague

Czech Post accepted nearly 14 million packages in the last quarter of 2018, which is an increase by 15 percent on the same period in the previous year, the Czech News Agency reported on Friday.

Politics | Business | Prague Daily Monitor

Prime Minister Andrej Babis (ANO) acknowledged to television host Vaclav Moravec, on his show on Czech Television on Sunday, that Transport Minister Dan Tok (ANO) was ultimately responsible for the collapse of the D1 Highway before the Christmas holidays.

Business | Radio Prague

Supermarket chains in the Czech Republic must continue providing unsold goods for free to food banks. The country's highest court has thrown out an appeal from a group of senators, who argued that the practice was a form of taxation and anti-business. The senators' petition was headed by billionaire businessman Ivo Valenta of the grouping Soukromníci, or Freeholder Party.

National | Business | Prague Daily Monitor

Education Minister Robert Plaga (ANO) announced on Thursday that he intends to ask the ruling coalition to consider giving 170,000 children, at kindergartens and primary schools, free lunches.

Business | The Epoch Times

Several Czech politicians and experts support a draft amendment to the transplant law that would prohibit Czech citizens from visiting China for organ transplants—a phenomenon called "transplant tourism." This bold move exposes the unethical practices in the industry, particularly the involuntary organ harvesting of Chinese prisoners of conscience.

National | Business | Prague Daily Monitor

Prime Minister Andrej Babiš (ANO) and his wife Monika, called upon President Miloš Zeman and his wife Ivana, on Thursday at the Lány Chateau. They met for the traditional New Year's lunch between the Head of State and the Head of Government.

Finance | Prague Daily Monitor

The Czech Republic ended 2018, on a high note, with its second-highest budget surplus since 1996. The finance ministry had initially planned for a CZK 50 billion budget deficit, for the year, but instead ended they year saving CZK 2.9 billion.