In a move that promises to impact thousands of Czech workers, the government has approved a significant increase in the minimum wage for the coming year. The minimum monthly salary is set to rise by 1...
The Czech Republic has recently implemented significant changes to its Value Added Tax (VAT) system, positioning itself at the forefront of Central European countries with the highest reduced VAT rate...
In June, the Czech Republic witnessed the largest annual decrease in food prices across the European Union, with a significant drop of 4.8%. Data released by the Czech Statistical Office suggests that...
A report from financial company Bloomberg has found that parts of Central and Eastern Europe (CEE) – including Czechia – will overtake living standards in Mediterranean countries in the coming years.
At the beginning of April, we held a territorial webinar about Philippines, which took the audience through basic facts about the Philippines, its macroeconomic data, trade balance with the Czech Repu...
Unemployment in the country is among the lowest in the EU, and companies in various fields are finding it difficult to find new employees. The Czech Republic is looking to the Philippines to help addr...
According to a recent EU study, 71 percent of Prague residents use public transport, a marked increase of 13 percent since 2019. Prague, long renowned for its robust public transportation system, hold...
Less bureaucracy, more foreign talent: Could these reforms save the Czech economy? The Czech government’s advisory body, NERV, has announced 37 recommended sweeping measures to help rejuvenate the ec...
The Czech Republic will open its labor market more to Filipinos this year. While only about four thousand residents of these tropical islands nation in Southeast Asia worked in the Czech Republic a ye...