Tuesday, 13 November 2018
Business | Prague Leadership Institute

Today's quote comes from His Holiness the Dali Lama: "When you speak, you only repeat what you know. But, if you listen, you may learn something new." In other words: You may have something important to say, but unless you ask—and listen—you won't learn if you were understood.

Business | Prague Daily Monitor

President Milos Zeman began his fourth visit to China on Sunday in Shanghai. Zeman is being accompanied by a large delegation of Czech ministers, including Foreign Minister Tomas Petricek, government officials and businesspeople.

Finance | Prague Daily Monitor

Czech Television reports that the total allowance parents will receive from the state for the birth of a child will rise by CZK 80,000 as of January 2020. Currently parents receive CZK 220,000 but will see that figure go up to CZK 300,000.

Politics | Business | Prague Daily Monitor

The latest Kantar CZ poll for Czech Television, which looks at support for political parties should parliamentary elections be held today, saw support for the Pirates and ODS rise to 16% and 14% respectively.

Business | Radio Prague

In a bid to help smaller Czech brewers of traditional-style lagers gain a foothold in the United Kingdom – a discerning beer-loving nation if there ever was one – state agency CzechTrade has teamed up with major British distributors on a pilot project introducing a new category: 'Bohemian Real Lager'.

National | Business | Prague Daily Monitor

Prime Minister Andrej Babiš addressed a security conference in Prague on Thursday and said that the Czech Republic and central Europe need NATO.

Finance | Prague Daily Monitor

The Czech National Bank raised its base interest rate on Thursday by 25 basis points to 1.75%. This is the fifth time the ČNB has raised the rate this year, in its efforts to combat a weakened Czech Crown, low unemployment and rising inflation.

Business | Radio Prague

Prague High State Attorney Lenka Bradáčová is the most influential woman in the Czech Republic, followed by EU Commissioner Věra Jourová and Finance Minister Alena Schillerová, according to the Czech edition of Forbes magazine.

Business | Prague Daily Monitor

Daniel Křetínský, the billionaire owner of the EPH group, denied rumours that he intended to buy the world-famous AC Milan football team, which is based in Milan, Italy. Křetínský, who already owns Sparta Prague, was rumoured to have been contemplating a bid according to Hospodářské noviny.

National | Business | Prague Daily Monitor

The Chamber of Deputies passed an amendment to the Labour Code on Thursday, guaranteeing employees compensation for the entire duration of sick leave. Previously, employees were only eligible for compensation after the first three days, and received nothing before that. The Confederation of Industry estimates that the changes, which come into effect from next year, will cost employers CZK 8 billion annually.

Business | Prague Daily Monitor

Novinky.cz reports based on the World Bank's latest analysis, that the Czech Republic ranks 156th in the world, in terms of the ease of acquiring construction permits for new buildings.

National | Business | Prague Daily Monitor

The Chamber of Deputies on Thursday voted against lifting Communist MP Zdeněk Ondráček's immunity, as requested by the police, to pursue a criminal case of defamation against him. The police were acting on a complaint by former Presidential candidate Michal Horáček against Ondráček.

Prague | Business | Radio Prague

Parliament is discussing a new legislation amendment, which intends to make it easier for district authorities to remove aging car wrecks abandoned in otherwise useful parking spaces.

National | Business | Radio Prague

Among the recipients of the state awards handed out by President Miloš Zeman on October 28, was Karel Lánský – a legend of Czech Radio broadcasting. For eight dramatic days after the Soviet led-invasion of Czechoslovakia Lánský and his team kept independent Czechoslovak Radio on the airwaves, broadcasting from secret locations in Prague and running the operation from his flat close to the radio's Vinohrady headquarters.

National | Business | Prague Daily Monitor

Prime Minister Andrej Babiš added to the debate on the scrapping of Daylight Savings Time within the European Union on Wednesday, and suggested that the Czechs would chose staying in winter time permanently.