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In Business News: Morgan Stanley is planning to invest around a billion US dollars in the Czech Republic; the Czech Republic is near the bottom of the EU charts in terms of number of wind power stations; excessive bureaucracy is costing Czech companies billions, says a business leader; the lottery and betting market grew significantly last year; and a Czech company is playing a part in the construction of the world's tallest building.

Czech government announces record Q1 economic growth figures. Czech industrial production rises 3.0 percent in March. Low-key ceremony marks signing for Hyundai's Czech plant. Czech power company CEZ selects Russian nuclear fuel supplier. Sales at Czech internet portals top 1 billion crowns in 2005. Investors buy flats with regulated rents.

Czech foreign trade: surplus of 9 billion crowns in March. Government approves Hyundai investment agreement. Skodaexport almost certain to land biggest foreign contract in the country's history. Poll: Number of Czechs in favour of euro on the decline. Czech crown reaches new record against euro. Ever more singles applying for mortgage.

In Business News: police are investigating the disappearance of over 22 million dollars from the Czech Consolidation Agency; Czechs are borrowing at record levels; the prime minister wants Russia to supply cheaper natural gas for power stations; the supermarket chain Delvita is denying reports it plans to pull out of the Czech Republic; and the rights to many classic Czech films are bought by a private investor.

Cesky Telecom general meeting clears merger with mobile unit Eurotel.Czech Airlines boosts passengers by 4.3 percent in first quarter. Smart Wings to start regular flights from Budapest. PM to fly to South Korea to seal Hyundai plant deal. MPs vote for sales tax cut on selected foodstuffs. Steyr carrier-producer signs contracts with main suppliers. Lower house again passes cinematography fund bill

In this week's Business News: analysts say the PM's prediction of up to 8 percent GDP growth in the first quarter is realistic; consumers spending was up 8 percent in February; a Czech company is to launch the country's first private express train; over five billion crowns remains in anonymous bank book accounts at Ceska Sporitelna; the two sides in the Budweiser name dispute come to a settlement for the first time; the number of 50-crown coins in circulation has risen sharply; and Barrandov is building the biggest sound-proof film studio in

The wave of positive macroeconomic indicators about the Czech economy keep pouring in this week. A major natural gas company has announced plans to enter the Czech market. Skoda Auto continues to be riding high and Czech airlines has a new partner.

This week in business, the rankings of the Top 100 firms in the Czech Republic see little change, while motorists can expect big changes thanks to new legislation on lorries. Construction has slowed in the Czech Republic, but is this a systemic problem and is Google planning to open an office in Prague.

In Business news this week, A French pharmaceutical company acquires a stake in a Czech company, the Czech Republic's currency rating improves on the heels of good macroeconomic results, Czech Airlines receives new planes and we'll tell you how Czechs feel about the practice of telemarketing.

Hyundai contract to be signed soon. Energy company CEZ earns record profits. Czech airlines reports substantial losses. CSOB bank sees healthy economic results for 2005. Prague Stock Exchange deploys single index: PX. Distrainers on the rise. Distrainers on the rise. Skoda considering producing five-door Superb.