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Deadline approaching on land-swap deal at proposed $1.2bn Hyundai car plant site; Hourly wages in Czech Republic among the lowest in the OECD; If 'old' EU members keep controls, Czech Republic also will consider labour restrictions against states joining in 2007; Survey shows Czech firms are among Europe's most chronically late payers; Cabinet expected to decide on funding for new Brno medical-research centre this month; Former president Havel weighs in against extending territorial limits on coal mining

Some 14 business agreements signed during official visit of Chinese prime minister; Skoda Octavia named 'best import' in German automotive magazine's annual 'Auto Trophy' readers' survey; Parliament to debate eminent-domain law for industrial zones - towards securing land for $1.2bn Hyundai plant; Lobbyist at centre of Unipetrol privatisation inquiry says ex-government chief of staff offered him a bribe; The BBC Czech service may continue as commercial venture

In Business News: the Czech crown reached a record high against the euro this week; the average gross monthly wage grew to almost 19,000 crowns in the third quarter; the anti-monopoly office has imposed a fine of over 8 million dollars on Cesky Telecom for abusing its market dominance; and the prices of gas, electricity and heating are set to rise from the start of next year.

Former Prime Minister Gross, Trade Minister Urban asked to testify before Parliament on Unipetrol privatisation; CTS Corporation of the US to invest $22m in new electronic components plant in Ostrava region; German retailer Edeka may exit Czech Republic, denies plans to sell its Polish, Austrian and Danish outlets; Police bust illegal alcohol production and distribution network; CNB, financial associations object to Parliament provision in bankruptcy bill compensating holders of anonymous accounts; Health Minister Rath wants Parliament to investigate

Domestic defence contractors want a piece of the NATO pie; The Cabinet agrees a comprehensive plan for promoting economic growth; Additional $60 million earmarked in support of Hyundai car plant project; DHL Solutions to oversee Lego Group toy maker's new European distribution centre outside Prague; New Agriculture Minister named following scandal at Czech Land Fund

Farmers 'ready' to accept land swap deal at Hyundai site; Czech household savings rate down 50 percent since 1995; Parliament budget committee proposes lower penalties for unpaid taxes; Czech exporters say corruption a far greater problem than terrorism; Fastest growth of 2005 inflation recorded in October

CNB rate increase catches market off guard; Minimum wage set to increase 6.6 percent; Microsoft and CzechInvest plan top open 'innovation centre'; Netherlands may fully open labour market to Czechs; Proposed extension for restitution claims fails to pass

In this week's business news; two mobile operators to provide TV reception from next year; the OECD says of all its members the Czech Republic relies the most on social insurance to fill the state coffers; Czech Airlines records a 22 percent rise in passengers, while Prague airport also sees an increase in numbers; and real estate prices are either stagnating or falling in the Czech Republic.

Ceska Sporitelna predicts 2013 Czech entry into eurozone; Initial compromise reached with health insurance companies; Czech Republic has among the highest perceived levels of corruption in the EU; Group of Civic Democrats file criminal complaint over Unipetrol deal; Paroubek says France may be willing to relax labour market restrictions on Czechs; COI imposes record fine on Ahold supermarket chian

Parliamentary committee to investigate Unipetrol gets green light; 'Pirate of Prague' Viktor Kozeny awaiting extradition ruling; Private doctors, health-care facilities can expect VZP reimbursement next week; Consumer price inflation up 2.2 percent in September - sharpest increase since 2000; Agriculture Minister looking to increase fines on retailers selling 'rotten' food