http://www.businessinfo.cz BusinessInfo.cz - The Official Business Web Portal cs http://www.businessinfo.cz/en/article/czech-republic-business-news/keeping-them-in/1001536/56671/?ctrss=2007 Tens of millions of dollars - this can be the benefit of a single large congress for the hosting municipality. Yet with the crisis hitting the Czech economy at full speed, Prague has been losing ground as a convention destination. Now, the country is battling to raise the awareness of its other destinations too, in an effort to improve investments into regional tourism and bring over more events, both from international and local organizers. 2010-03-08T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/survey-czech-economy-mit-sectors-in-2009/1001536/56669/?ctrss=2007 The following article contains information on trends in economic development in the first three quarters of 2009. It offers a rundown of principal trends in macroeconomic development, industry, construction, and foreign and domestic trade. 2010-03-04T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/overpriced-green-power/1001536/56667/?ctrss=2007 Unless changes are made soon to rules governing subsidies for purchase prices of electricity generated from solar power plants, the Czech Republic could face sharp rises in electricity prices. 2010-03-02T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/firms-should-not-cut-corners-on-fraud/1001536/56606/?ctrss=2007 As recent corporate incidents have shown us, financial losses arising from fraudulent activity may lead to layoffs, plant closures or even business failures. For those companies able to survive a fraudulent event, they may still miss key business opportunities. The misappropriated capital might otherwise have been used to build new facilities, create employment or develop better products and services. 2010-02-28T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/firms-want-2007-security-contributions/1001536/56605/?ctrss=2007 Czech employers have started applying for the refund of social security contributions that they paid for the first half of 2007. This followed the recent publicity regarding the judgment of the Regional Court in Ústí nad Labem, which ruled that there was insufficient legal basis for levying employers` contributions to the social security system in the first half of 2007. 2010-02-25T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/no-more-clear-distinctions-on-czech-mkt/1001536/56602/?ctrss=2007 The Czech legal market`s maturation has been erasing the boundaries between international and local law firms, experts claim. Now, it`s common to have Czechs as managing partners of international offices in Prague and foreigners in key positions with domestic law firms. The only difference is in limited access to major state arbitration tenders for local firms, but even that might change. 2010-02-19T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/hot-potato-pension-reform/1001536/56601/?ctrss=2007 Despite the global economic downturn, the Czech Republic remained one of the least-indebted European Union members, running public debt far below Maastricht criterion of 60 percent of gross domestic product (GDP). Last year, debt reached 35.2 percent of GDP, while the EU average was 61.5 percent in 2008. 2010-02-16T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/state-s-role-in-the-economy-will-grow/1001536/56604/?ctrss=2007 Despite curbing state expenditure, supporting Czech exports to foreign markets remains a priority for the current interim government. In the near future the government agency CzechTrade will open a representative office in Kazakhstan - one of the wealthiest countries in the world in terms of mineral resources. 2010-02-08T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/farmers-face-stricter-rules-to-prevent/1001536/55993/?ctrss=2007 For the first time since November 1989, Czech farmers will have to adhere to regulations that should result in a more conscientious approach to use of arable land and treatment of the countryside. One aims of the new measures is to limit the risk of soil erosion and prevent floods. 2010-01-20T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/czechinvest-our-best-advice-is-to-invest/1001536/55992/?ctrss=2007 As the state business development and investment promotion agency, CzechInvest is the first to feel the pulse of investors??appetite for the country. Alexandra Rudyšarová, interim director of the agency, argues that the country remains undoubtedly a key target for investment. 2010-01-19T00:00:00+01:00