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Wednesday, August 16, 2000

Business & Finance $1.00 = 38.74 Kc US$ cash middle rate August 14 (CNB) PX-50 Rose to 566.8 PX-50 close August 11 This week in business One last bailout for Komercni banka? Government considers guarantee as it prepares for KB privatization in the middle of next year Alternative lending taking off Money borrowing is on the rise, and people are looking for new sources Czech telecom draws interest German company considered leader in Radiokomunikace bid Toasting the pre-'89 past Kofola looks to regain share of soft drink market after a decade of dwindling sales Cheb gets Phare share for development In job push, European Union allots cash to fund industrial park Plans for new trains stalled Slowdown in delivery could mean longer intervals between subway arrivals Aircraft company faces bankruptcy Bank pulls LET agreement after Ayres fails to give boost to management Retail success big factor in economic health Foreign-owned chains flourish as domestic stores face bankruptcy Movers & Shakers Sandor to head Logica Places & Spaces Aqua Atol making a splash Exchange Cross Rates August 14, 2000   U.S.    Germany    U.K.       Japan        Austria    Slovakia  Poland  Currency $1 1DM £ Yen (100) 1Schilling 100Sk 1Pln Sell 39.87 18.40 59.85 36.66 2.62 84.25 9.09 Buy 38.31 17.68 57.51 35.22 2.52 80.95 8.81 The Prague Post Online contains a selection of articles that have been printed in The Prague Post, a weekly newspaper published in the Czech Republic. Unauthorized reproduction is strictly prohibited. Home