The Czech finance minister has said the government’s proposal to introduce a digital tax could be postponed till next year and the proposed tax could be cut from 7 to 5 percent. The statement comes following a warning from the US ambassador to Prague about possible retaliatory measures by the Trump administration and concerns voiced by leading Czech exporters who fear damage to Czech-American business relations.
Prague City councillors are discussing plans to save the long-disused Vyšehrad Train Station. Located near the ancient Vyšehrad fortification and the Charles University Botanic Gardens, the striking Art Nouveau building has been falling into disrepair for years. One of the proposals suggests that the building could serve as a permanent exhibition space for the Slav Epic, a famous cycle of paintings by Alfons Mucha.
Czechs are increasingly buying on–the–go meals according to a new analysis released by the Association of Small and Medium Enterprises. The trend is leading to healthy fast foods being offered not just in local shops, but also by online retailers and becoming a challenge for established fast food stores.
Czech companies are slowly starting to feel the effects of the coronavirus epidemic that is a major threat to China and its economy, the news site Novinky.cz reports. Some companies have goods locked in Chinese warehouses and scheduled deliveries of components for computers, mobile phones and various other electronic devices are late or have stopped altogether due to production restrictions or closed factories in China.
Nearly 80 percent of Czechs consider the dual quality of food in European stores a problem. A study carried out by the KPMG agency suggests that roughly every seventh Czech consumer prefers to buy certain products abroad and nearly one third of them refrain from buying certain products due to the dual quality issue.
Škoda has announced the name of its first electric SUV. The latest Škoda model, which is still in development and should hit the market in 2022, has been named Enyaq. The name starts with the letter E symbolizing electromobility and ends with Q, which the brand uses in the names of all its SUV models. The name is derived from the Irish word enya meaning "source of life." Enyaq is the latest in a series of Škoda SUV models, following up on Kodiaq, Karoq and Kamiq.