Supraphon has been the main record label for Czech music ever since 1932, and has been a major force in bringing Czech music to the rest of the world. Now as the world goes online for music so too goes Supraphon. On Thursday, its new online service, Supraphonline, will begin offering a part of the company’s massive archive of more than 100,000 recordings to internet buyers, in what was intended to be the first such service in the country. Christian Falvey talked to the record company’s business manager Antonín Milata.
A poll commissioned by GE Money Bank suggests that almost a third of Czechs do some of their shopping abroad. The reasons are lower prices as well as a wider choice of goods. Almost half of Czech consumers who shop abroad say they are planning to travel across the border to do at least part of their Christmas shopping this year. Most of those who travel abroad to shop come from regions bordering on Germany, Poland and Austria. Six percent of those polled said they shopped abroad on a regular basis, 24 percent only occasionally. According to the poll, people from the border regions mostly purchase groceries, while people from Prague and those with a higher education tend to shop for clothes and travel to more distant countries, such as Italy and the United Kingdom.
In Business News this week: the economy slows down suggesting even bleaker outlooks; the Czech crown loses its lustre for investors; Czech banks lose billions in the Greek debt crisis; President Klaus vetoes a bill introducing criminal liability for corporations; firms increasingly introduce loyalty programmes to keep customers; and Czech Post will launch “great parcel revolution”.
A number of customers camped out at parking lots at Prague’s IKEA chain furniture stores in order to be among the first 500 to receive coupons on November 17th worth 2,000 crowns. The first lines reportedly began to form at around 10 pm on Wednesday, shortly after closing, with customers ready to weather cold conditions with blankets, mattresses and sleeping bags. The promise of advantageous coupons attracted thousands of visitors in the morning, wrote Mladá fronta Dnes. Police even monitored the store events in case visitors got out of hand but there were no incidents, a policewoman confirmed.
The percentage of entrepreneurs among those contributing to the national economy in the Czech Republic is the fifth highest in the EU, according to an analysis conducted by the Czech Statistical Office. That number reached 17% in the second quarter of 2011, with the vast majority of private businessmen consisting of entrepreneurs without employees. Only Greece, Italy, Poland and Romania have a higher share, with the latter two countries’ result heavily influenced by the high number of private agriculturalists.
The Czech police presidium has reported the sale of fictitious goods and services is the most common internet crime that they deal with. The number of incidents of online fraud has grown significantly in the last year, according to the head of the division for IT crime, primarily due to improvements in technology, such as mobile phones that allow web access, the growing number of services provided and the growing number of people connected. The police say that the economic situation also plays a role in the increase and that the number of attacks on sensitive data will continue to grow.
In the coming weeks, people in Prague will have a unique opportunity to sample traditional dishes and delicacies from South Korea – thanks to an event organized by the country’s embassy. At its launch in a Prague hotel, Radio Prague spoke to the Ambassador of the Republic of Korea to the Czech Republic Gabriel OH and first asked him whether Czechs have many opportunities to try Korean food in restaurants or buy the necessary ingredients.
Rachel Kanarowski has the kind of job that must make her the absolute envy of her peers. At only 30, she is the editor-in-chief of the Czech version of InStyle, a major international women’s magazine. At the magazine’s offices, we discussed shopping in Prague and the Czech take on style. But first Kanarowski described the unlikely sounding way in which the opportunity to enter the business arose, and how she made the most of that chance.
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