Industry & Business

Economy

Irish Exporters Association Launches 18th Export Industry Awards

    Irish Exporters Association Launches 18th Export Industry Awards

The Irish Exporters Association, in partnership with platinum sponsors KPMG and Trinity Business School, Trinity College Dublin, has announced that the 18th Export Industry Awards are now open for applications and

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Tourism Industry Very Upbeat on Prospects for 2018 Despite Wet and Cold Start to Year

    Tourism Industry Very Upbeat on Prospects for 2018 Despite Wet and Cold Start to Year

A difficult start to the year – due to weather conditions – somewhat dampened tourism sentiment for many sectors but most businesses report a positive outlook for the remainder of

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Skillnet Ireland – Without Upskilling, Businesses in Ireland Could Lose Competitive Advantage

    Skillnet Ireland – Without Upskilling, Businesses in Ireland Could Lose Competitive Advantage

Skillnet Ireland (formerly Skillnets), the national agency for workforce development, has been launched at an event in Co Clare to promote upskilling within enterprise. Its mission is to facilitate increased

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Optimal Offices Could Unlock €3.4 Billion For Irish Economy

    Optimal Offices Could Unlock €3.4 Billion For Irish Economy

Ireland could unlock €3.4 billion in untapped GDP if organisations were to optimise their workplaces, according to a new study by Ricoh and Oxford Economics. The research, entitled The Economy

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Brokers Ireland Warns of Financial Impact of Inability to Buy Homes at Affordable Prices

    Brokers Ireland Warns of Financial Impact of Inability to Buy Homes at Affordable Prices

Responding to the latest CSO house price figures indicating continuing house price growth of 12.1% in the year to March in Dublin and 13.4% elsewhere, Brokers Ireland has warned that

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Cork Software Provider Opens New Development Centre in Belfast

    Cork Software Provider Opens New Development Centre in Belfast

Cork headquartered software company Teamwork.com is creating 85 new jobs in Belfast. The company is setting up a development and support hub for a new product which will bring their total product suite

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The Economic Picture and Construction

    The Economic Picture and Construction

“The Irish economy is firmly back on its feet,” according to Loretta O’Sullivan, Group Chief Economist at Bank of Ireland. “Consumer spending is just above its previous peak and will

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No Single Solution to the Imbalance in the Housing Market

    No Single Solution to the Imbalance in the Housing Market

“How do you intervene in a market that is out of balance? We have a lot of policies but implementation is vital,” remarked David Duffy, Director of Property Industry Ireland,

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National Construction Summit 2018 – Ireland is Building Again, Says Housing Minister

    National Construction Summit 2018 – Ireland is Building Again, Says Housing Minister

By 2040 the population of the Republic of Ireland will have reached 6 million, according to Eoghan Murphy TD, the Minister for Housing, Planning and Local Government. He added: “Where

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A Plan For Affordable Housing

    A Plan For Affordable Housing

“All housing, not just for first time buyers, needs to be affordable. This means lower prices in Dublin and surrounding counties, which will bring down rents,” pointed out Colm McCarthy,

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Economic Déjà Vu as Market Positivity Overshadows Ireland’s Vulnerability?

    Economic Déjà Vu  as Market Positivity Overshadows Ireland’s Vulnerability?

In the latest Friends First Economic Outlook report, Friends First Chief Economist, Jim Power, has warned of the potential dangers of allowing Ireland’s strong economic growth to overshadow the need

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Hourly Labour Costs Ranged From €4.9 to €42.5 across the EU Member States in 2017

    Hourly Labour Costs Ranged From €4.9 to €42.5 across the EU Member States in 2017

In 2017, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €26.8 in the European Union (EU) and €30.3 in the euro

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65% of Irish Businesses Have Not Reviewed Their Supply Chains to Gauge Brexit Impact

    65% of Irish Businesses Have Not Reviewed Their Supply Chains to Gauge Brexit Impact

65% of Irish businesses have not reviewed their supply chain to identify current business relationships that might be negatively impacted by Brexit. This was the finding of a business sentiment

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Datapac and Swappsi Streamline Services and Cut Costs For Ireland’s Education and Training Boards

    Datapac and Swappsi Streamline Services and Cut Costs For Ireland’s Education and Training Boards

Datapac, Ireland’s leading technology solutions and services provider, has announced that, together with its software partner Swappsi, it has developed and implemented a new centralised records management solution for Ireland’s

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Government Opens €300 Million Brexit Loan Scheme For Applications

    Government Opens €300 Million Brexit Loan Scheme For Applications

Minister for Business, Enterprise and Innovation, Heather Humphreys TD, Minister for Agriculture, Food and the Marine Michael Creed TD, and Minister for Finance and Public Expenditure and Reform Paschal Donohoe

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Boost For Ireland’s Food & Drink Industry as Bord Bia Announces Largest-ever Recruitment Drive

    Boost For Ireland’s Food & Drink Industry as Bord Bia Announces Largest-ever Recruitment Drive

In a major boost for the sector Bord Bia has announced that it is commencing recruitment for 29 new positions to support the continued growth and development of Ireland’s world-class food, drink and horticulture

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Government Announces €29.6 Million Investment in Frontier Research

    Government Announces €29.6 Million Investment in Frontier Research

The Government has announced a €29.6 million investment by the Irish Research Council in “frontier research” projects. Thirty-six researchers will receive funding under the Irish Research Council’s new Laureate Awards

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Strong Economic Growth Set to Continue in 2018

    Strong Economic Growth Set to Continue in 2018

In 2017, the Irish economy grew by 7.8 per cent. In 2018, GDP is expected to grow by 4.8 per cent, according to the latest ESRI economic forecast. GDP will

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TechConnect Live – RDS, Dublin – May 30th, 2018

    TechConnect Live – RDS, Dublin – May 30th, 2018

TechConnect Live, Ireland’s largest technology event, is expected to attract over 3,000 visitors from across the Irish and international tech sector to the RDS, Dublin on 30th of May 2018.

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Revised Research Priority Areas For 2018-2023

    Revised Research Priority Areas For 2018-2023

The Government has published the ‘Research Priority Areas 2018–2023’ report. Research Prioritisation, introduced by the Government in 2012, aligns the majority of competitively awarded public investment in research with 14 priority

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Brexit Price Increases Could Affect Poorer Households Most

    Brexit Price Increases Could Affect Poorer Households Most

A hard Brexit would increase the cost of living for all households in Ireland by 2 per cent to 3.1 per cent – an annual increase of €892 to €1,360

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Technology Plays a Leading Role For Irish Business Leaders

    Technology Plays a Leading Role For Irish Business Leaders

Business leaders across Ireland are firm believers in the power of technology and the important role it plays, not only in supporting their own business needs, but in overcoming the

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40% Think Irish Government Not Doing Enough to Protect Ireland From Impact of Brexit

    40% Think Irish Government Not Doing Enough to Protect Ireland From Impact of Brexit

Brexit is coming closer and still a lot of questions remain unanswered. People are insecure not only about their own future but also the economic future of Ireland. iReach Insights

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Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development

    Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development

Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020

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Irish Technology Sector Has Overtaken Agriculture

    Irish Technology Sector Has Overtaken Agriculture

With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured

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2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

    2018 Research and Innovation Conference & Exhibition Provides Insight into the R&D and Innovation Ecosystem in Ireland

Designed to foster collaboration between industry, academia and government agencies, the 2018 Research and Innovation Conference & Exhibition attracted over

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Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

    Government Remains Committed to Getting an Extra 100,000 People at Work by End of 2020

The  Government has launched Enterprise 2025 Renewed and the Action Plan for Jobs 2018. The Action Plan for Jobs 2018 is the 7th cross-Government annual plan to

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Construction Industry Requires More Female Workers

    Construction Industry Requires More Female Workers

A survey by the Construction Industry Federation (CIF) has found that on average approximately only 1 out of 10 construction

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Glanbia Ireland Reopens Wexford Cheese Plant and Plans €160 Million Investment at Belview

    Glanbia Ireland Reopens Wexford Cheese Plant and Plans €160 Million Investment at Belview

Glanbia Ireland, Ireland’s leading dairy and agri-business company, has officially reopened its Wexford cheese plant following a major capital investment

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Research and Innovation Conference & Exhibition – 14th March 2018 – CityWest, Dublin

    Research and Innovation Conference & Exhibition – 14th March 2018 – CityWest, Dublin

The 2018 Research and Innovation Conference & Exhibition, being held on Wednesday, 14th March 2018 at the Citywest Convention Centre,

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BPFI Mortgage Figures – Trend in Right Direction But Supply is Primary Impediment

    BPFI Mortgage Figures – Trend in Right Direction But Supply is Primary Impediment

The latest Banking and Payments Federation Ireland figures showing very steady improvement in mortgage lending is to be welcomed but

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Ensuring the Continued Success of the Bioeconomy in Ireland – Progressing & Translating Research

    Ensuring the Continued Success of the Bioeconomy in Ireland – Progressing & Translating Research

“The bioeconomy is a transition requiring a transition,” said Teagasc researcher Dr Maeve Henchion, co-organiser of ‘Ensuring the Continued Success

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SFI Research Infrastructure Programme 2018 – Call Open

    SFI Research Infrastructure Programme 2018 – Call Open

Science Foundation Ireland (SFI) has launched the Research Infrastructure Programme 2018. The aim of the SFI Research Infrastructure Call is

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Four Times More New Houses Need to be Built in 2018 Compared to Last Year

    Four Times More New Houses Need to be Built in 2018 Compared to Last Year

Initiative Ireland, headquartered at NovaUCD, has launched a new annual housing report, entitled Housing 2031. The report was commissioned to provide

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Pharmaceutical Industry Unlikely to Avoid Harsh Brexit

    Pharmaceutical Industry Unlikely to Avoid Harsh Brexit

By John Whelan  International policy leaders attending the recent Bio Pharma Ambition conference in Dublin Castle were addressed by Dr Lorraine

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Government Unveils €116 Billion Development Programme

    Government Unveils €116 Billion Development Programme

The Government has published The National Development Plan 2018–2027, the most recent in the series of such capital plans adopted

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Over 300 Events Planned to Celebrate ‘Local Enterprise Week’ in March

    Over 300 Events Planned to Celebrate ‘Local Enterprise Week’ in March

From helping small businesses spot ‘mega’ trends to assisting start-ups to close more sales, the 31 Local Enterprise Offices (LEOs)

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Ireland’s First Space Strategy For Enterprise

    Ireland’s First Space Strategy For Enterprise

The Government has announced the development of Ireland’s first national Space Strategy for Enterprise by the Department of Business, Enterprise

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Copenhagen Economics Study on Impacts of Brexit on Trade and the Economy

    Copenhagen Economics Study on Impacts of Brexit on Trade and the Economy

The Government has published an independent study by Copenhagen Economics examining the impact of Brexit on Ireland’s trade and economy. The

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Brexit Deal Vital to Protecting All-island Supply Chains

    Brexit Deal Vital to Protecting All-island Supply Chains

Food Drink Ireland (FDI), the Ibec group that represents the food industry, has said the full implementation of the December

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NIBRT Publishes 2017 Annual Report

    NIBRT Publishes 2017 Annual Report

The National Institute for Bioprocessing Research and Training (NIBRT) has published its 2017 Annual Report, announcing substantial growth across all

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EU Commission Revises its Growth Forecasts For Ireland Upwards For 2017 and 2018

    EU Commission Revises its Growth Forecasts For Ireland Upwards For 2017 and 2018

The new EU Winter 2018 Interim Economic Forecast puts GDP growth for Ireland at 7.3% for 2017 – compared to the 4.8%

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US Software Company Invests in NI’s Growing Software Development Sector

    US Software Company Invests in NI’s Growing Software Development Sector

Chef Software, a Seattle based software company, and leader in Continuous Automation software, is to create 55 new jobs with

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Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

    Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

The European Investment Fund (EIF) has signed a second agreement with Microfinance Ireland (MFI) to support 2,100 micro-entrepreneurs under the

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3,700 New Jobs Created in 2017 by Local Enterprise Office-supported Companies

    3,700 New Jobs Created in 2017 by Local Enterprise Office-supported Companies

A net total of 3,700 new jobs were delivered in 2017 by start-ups and small businesses from across the country

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Dublin is a Global Innovator City For the Future

    Dublin is a Global Innovator City For the Future

JLL has released new research that places Dublin as a global ‘Innovator’ city for the future. Among the new city types, ‘Innovators’

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Irish Gin Exports Set to Grow Significantly in 2018

    Irish Gin Exports Set to Grow Significantly in 2018

Irish gin is expected to go global this year, with exports set to rise significantly, according to Alcohol Beverage Federation

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Manufacturing Sector is Key to Ireland’s Economic Success But Brixit and Digitisation Challenges Loom Large

    Manufacturing Sector is Key to Ireland’s Economic Success But Brixit and Digitisation Challenges Loom Large

The Irish manufacturing sector, which contributes 25% of GDP and employs over 44,000 people both directly and indirectly, is key

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National Manufacturing and Supply Chain Conference & Exhibition 2018

    National Manufacturing and Supply Chain Conference & Exhibition 2018

Attracting more than 2,500 visitors, from across the country, and featuring 235 speakers and 350 exhibitors, the 2018 National Manufacturing

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Irish Businesses Should Prepare For a ‘Hard’ Brexit

    Irish Businesses Should Prepare For a ‘Hard’ Brexit

“Businesses across Ireland must prepare themselves for a ‘hard’ Brexit. You must establish your exposure now,” cautioned Lucinda Creighton (pictured),

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Construction Industry Has Created 50,000 Jobs Since 2013

    Construction Industry Has Created 50,000 Jobs Since 2013

Over 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO

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New Fáilte Ireland Food & Drink Strategy

    New Fáilte Ireland Food & Drink Strategy

The Irish Tourism industry needs to work towards changing the perception amongst overseas visitors to reposition Irish food and drink

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Dublin Airport Sets New Passenger Record

    Dublin Airport Sets New Passenger Record

A record-breaking 29.6 million passengers travelled through Dublin Airport last year. A significant increase in long-haul traffic, and a robust

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National Manufacturing and Supply Chain Conference – Citywest Convention Centre, Dublin – Wednesday, 31st January, 2018

    National Manufacturing and Supply Chain Conference – Citywest Convention Centre, Dublin – Wednesday, 31st January, 2018

Take placing on the 31st January in the Citywest Convention Centre, Dublin, the 2018 National Manufacturing and Supply Chain Conference

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Three-quarters of SMEs Expect to be Impacted by Brexit in Next 18 Months

    Three-quarters of SMEs Expect to be Impacted by Brexit in Next 18 Months

The Department for Business, Enterprise and Innovation’s second survey of SMEs about the impacts of Brexit on their businesses found

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Development of Second-tier Cities Key to Sustainable Economic Growth

    Development of Second-tier Cities Key to Sustainable Economic Growth

Policies should aim to rebalance growth by encouraging regional development led by a small number of large urban centres outside

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Rebuilding Ireland Home Loan Introduced

    Rebuilding Ireland Home Loan Introduced

The Rebuilding Ireland Home Loan, a new Government-backed mortgage for first-time buyers, will be available nationwide from local authorities from

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Increase in Trade Traffic Through Port of Cork and Bantry Bay Port Company

    Increase in Trade Traffic Through Port of Cork and Bantry Bay Port Company

Combined total traffic through the Port of Cork and Bantry Bay Port Company reached 10.3 million tonnes in 2017, a

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