The number of investments concluded by CzechInvest dropped significantly last year. The government agency for attracting investments helped to secure over 80 investment projects worth 36.7 billion crowns, company representatives announced on Monday. That is a drop by two fifths on the previous year, when investments, both foreign and local, amounted to 63 billion crowns.
The vast majority of Czech consumers, some 97 percent, want tougher quality parameters on foodstuffs sold in the country, according to a June survey whose results were made public by the Czech Consumer Association on Tuesday. More than nine out of ten respondents also said that they wouldn’t mind if the tougher rules resulted in restrictions on cheap food imports.
Trust in the Czech economy experienced a slight increase in August according to the results of a monthly survey conducted by the Czech Statistics Office released on Monday. The rise is particularly thanks to greater optimism in the trade and services sectors. However, industry trust remains at a six year low and consumer trust has decreased.
The total debt of Czech sat the end of June reached 2.38 trillion crowns, an increase of 6.7 percent in annual terms, according to the Banking and Non-Banking Client Information Register. At the same time, the amount of non-performing loans fell by 5.5 billion crowns to 31.4 billion crowns. The number of people who had difficulty repaying consumer loans fell by 61,000 to 215,000 year-on-year.
Car maker Škoda Auto has received over 1,600 orders for its new crossover named Kamiq even before the start of sales at the beginning of September, according to company head Luboš Vlček. With its third SUV and first urban crossover, Škoda will be in competition with Dacia Duster, Peugeot 2008 or Renault Captur.
A new method using so-called QR codes is being adopted by some Czech restaurants, with cash increasingly regarded as a slow and outdated payment method. Especially popular in parts of Asia, QR enables guests to scan a code on the table, then order and pay for their food via smartphone. However, some QR experts say the future of restaurant service actually lies in other payment methods.