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In this week's Business News: The Czech government has announced a tender for software worth 1.5 billion crowns; safety inspectors are to begin checking Asian restaurants around the country, making sure that they are not using Chinese milk; a fraud case brought against the state-owned energy company Čepro by the Czech High State Attorney's Office has been halted; new figures from the Czech Trade and Industry Ministry suggest that sales of Czech-made musical instruments have fallen sharply; in a surprise move, a gas-tax reduction bill proposed by

In this week's Business News: The global financial squeeze affects the Czech Republic; businesses also feel the effects; a Czech language version of Youtube is to be launched; eyebrows are raised as terrorism legislation contains giveaways to the gambling industry and how big pharmaceutical companies are trying to buy Czech doctors.

In Business News this week: Czech business leaders, feeling the squeeze of the strong crown, call for a euro adoption target date – not this year, says the government; Prague Airport is shedding a 10th of its workforce ahead of its planned privatisation; the Czech Republic ranks among the worst states in an international study of how long it takes to deal with taxes; the number of debit and credit cards issued by Czech banks keeps increasing; and two Czech firms rank in the first five in a regional Top 500.

In Business News this week: the main Czech trades union body is threatening protests over changes to the labour law – and demanding a pay increase of at least 8 percent; Czech Airlines post a loss but the firm’s chief says things are looking positive; Prague Airport invests in property in order to make itself more attractive to potential buyers when it is privatised; Czech Television is faced with a big bill after failing to pay tax on license fees; and a mobile operator ups the price of its iPhones to prevent foreigners buying them up for resale

In Business News this week: the Czech power giant ČEZ announces plans to build Europe’s largest onshore wind farm; the average monthly salary in the Czech Republic is up 8 percent, but high inflation means real growth is at its lowest in a decade; Hyundai is reported to be three-months ahead of schedule for the beginning of production at its new plant in Moravia; two Czech firms develop a special car that could prove very useful for wheelchair users; and spend those hellers! – the aluminium coins cease to be legal tender at midnight on

In this week's Business News: the Czech government has decided to end state subsidies for school milk programmes; why Czech banks are cutting mortgage rates and why the country is being flooded by ever cheaper imported Chinese shoes; new data from the European Foundation for the Improvement of Living and Working Conditions suggests that Czech worker pay has fallen by 1.3 percent in the last year and a a key member of the Czech National Bank’s board has said that he does not recommend that the Czech Republic adopt the Euro in the near future

In this week's business news: the Czech economy slows down; the Czech crown drops against the dollar and euro; the ČEZ energy producer reports record profits; Czech music industry sales drop; and fewer tourists arrive in the Czech Republic.

In Business News this week: the Czech National Bank lowers the key interest rate by one-quarter percentage point to 3.5%; some large exporters are considering pegging employees’ bonuses to the euro; the Prague Stock Exchange goes on sale; prices of consumer electronics in the Czech Republic were second lowest in the EU in 2007; and with the Czech market becoming saturated, shopping centre developers are looking east.

In Business News this week: the price of some flats has begun falling in parts of the Czech Republic, according to press reports; the most common car on Czech roads is the Škoda Felicia, though the number of domestically produced autos owned by Czechs has fallen in recent years; operators of multiplex cinemas are increasingly looking to the regions as the market in Prague becomes saturated – though audience numbers have fallen significantly; and goat farming is becoming more common due to subsidies and demand for organic food.

In this week's Business News - The Czech Republic has seen a decline in mortgage loans by a fifth according to top banks operating in the country; new data from the Czech Agriculture Ministry along with the Hopsteiner Company indicates that the Czech Republic was the 16th largest beer producer in the world in 2007...