Czech companies lose enormous amounts of money annually due to their staff spending time on Facebook and other websites instead of working, claims a freshly released study. Indeed, the report’s findings suggest that the average office worker in the Czech Republic is devoting around an hour a day to mucking about on the internet.
The ministries of foreign affairs and trade have signed an agreement on cooperation in promoting the country’s business interests. Czech Foreign Minister Jan Kohout said after the signing ceremony in Prague on Thursday that the agreement would end years of rivalry in this field and mark a new era in promoting Czech interests abroad. He promised better service both for Czech exporters and for potential foreign investors in the Czech Republic. Trade Minister Jiri Cienciala, welcomed the deal saying the trade ministry had handpicked 44 business experts who would be sent to Czech embassies around the world.
Senator Tomio Okamura has filed a criminal lawsuit against the Czech branch of the anti-corruption watchdog Transparency International. Mr Okamura accused the group of breaching the law by conducting unauthorized business activities and providing inaccurate financial reports. The senator also said TI sponged off public funds. Last year, the watchdog criticized Mr Okamura over non-transparent financing of his presidential campaign.
Following a recent food safety scandal in Poland dubbed the “Antibiotic Affair” and a similar revelation in neighbouring Slovakia, where traces of antibiotics were uncovered in animal farming, the Czech authorities last week launched tests on imported poultry. The inspection team tested an overall 61 samples – luckily all were found to be negative.
In Business News this week: Český aeroholding announced it made 1.8 billion in operating profit for last year; the Senate has approved legislation which would require large stores to remain closed during state holidays; billionaire buys major Czech publisher; fruit growers have reason to be happy, citing a 25 percent jump in fruit crops.
In Business News this week: Russia’s Rosneft signs deal to deliver crude oil to Czech Republic; political instability could delay announcement of Temelín tender winner; poll suggest only quarter of Czech businesspeople want euro; domestic banks “stable and resilient” says CNB; and truck-maker Avia to close Czech factory.
In Business News: a major investigation reaching into the upper echelons of government will not negatively impact markets say analysts; the Agriculture Ministry revises the damage figure to the sector from recent floods; the Czech Republic moves up seven notches on KPMG’s VAT list; Czech companies could provide amphibious vehicles for Libya, E15 reports; the TOP 100 association releases its list of top Czech exporters last year.
The police are pushing for a ban on the sale of alcohol over the internet in the Czech Republic, which last year saw dozens of deaths caused by illegally produced spirits. As greater emphasis is placed on the provenance of booze, officers say stocks of alcohol sold online are very hard to police. For their part, retailers say such a ban could cost them huge sums of money.
President Miloš Zeman met with the chairwoman of the European Trade Union Confederation Bernadette Ségol on Monday and voiced his support for the confederation’s proposal for a single EU-wide corporate tax of 25 percent. Prime Minister Petr Nečas strongly disagreed with the president’s position and said that his government is against the harmonization of direct taxation. President Zeman also agreed with the trade union confederation on progressive taxation, and the need to increase investment that could create jobs as well as the introduction of a guaranteed minimum wage across the European Union countries.
Prime Minister Petr Nečas said on Thursday that the government will take a number of steps to help business owners affected by the floods recover their livelihoods. The June 15 deadline for back payments of income taxes has been postponed and owners of businesses damaged by the floods will be freed of the obligation to make advance tax payments for 2013 starting June 30. The premier told the daily Hospodařské noviny that next week the cabinet wants to introduce special low-interest bank loans guaranteed by the government to help with repairs and recovery of small businesses.
Czech researchers develop top-grade respirator for 3D printing
“I am taking it minute by minute” – Foreigners in the Czech Republic on quarantine and being cut off from their families
Czech Republic goes into quarantine to slow down coronavirus spread
A mask-tree as a form of solidarity
Czechs resort to making DIY facemasks in face of their shortage