Construction sector officially in recovery – CIF
The construction sector is officially in recovery, according to the CIF, after the latest CSO report on construction activity recorded the 5th consecutive quarterly increase in the volume of...
View ArticleWelcome 15% boost in funding for Limerick local authorities in 2014
Fine Gael Limerick TD, Patrick O’Donovan, has today (Friday) welcomed the announcement from the Minister for the Environment, Community and Local Government, Phil Hogan TD, that Limerick City and...
View ArticleESRI says ‘we’ll need to treble the housing supply in Dublin’
The number of family homes being built in Dublin needs to treble in order to meet pent-up demand, Transport Minister Leo Varadkar has said. Mr Varadkar said the Government was likely to introduce...
View ArticleIBEC’s hopes for 2014 beat state forecast
Ibec has hiked its growth projections for next year to 2.8pc — a more bullish assessment than the Government’s forecast. Ibec said that with yesterday’s bailout exit, the country was entering a new...
View ArticleGlen Dimplex invests in energy tech research
Irish consumer electrical goods firm Glen Dimplex has today announced plans to invest €40m in the establishment of a new R&D group in Dunleer, Co Louth. The new group will be focused on smart...
View ArticleCompetitiveness Council calling for introduction of site-value tax
Introducing a site-value tax for commercial property to replace the current system of commercial rates should be explored in 2014 , The National Competitiveness Councilsaid in a submission to the...
View ArticleMore comprehensive tests needed for Irish banks – Draghi
Mario Draghi says the Budget remains under threat because of question marks over the future of the banks. He said tests of the banks’ balance sheets earlier this month are only a measure of their...
View ArticleIreland’s green asset managers win €3bn in funds in 2013, more than 40 jobs...
Managers of Ireland’s ‘green’ assets – the physical and financial assets in the green economy – secured more than €3bn in funding this year. On the back of this, more than 40 jobs have been created and...
View ArticleMinister Hogan Announces additional €2m for Cobh Landslide Project
Phil Hogan T.D., Minister for Environment, Community and Local Government today (17 December, 2013) announced funding of an additional €2m in 2013 for the completion of the Cobh Landslide Programme....
View ArticleEconomy 2020 strategy outlined
An Taoiseach today outlined out a fiscal blueprint to take us to 2020, to confirm its bailout exit and show that its economy can grow enough to cut its debt by a quarter by the end of the decade. Some...
View ArticleClik here to view.
Biopharma company to apply for planning permission to establish production...
A New York-based biopharmaceutical company is to apply for planning permission to establish a production plant in Limerick, which if approved would lead to the creation of 300 high-skilled jobs within...
View ArticleIreland’s energy targets on track
Ireland remains on course to meet its renewable energy targets by 2020, according to latest industry findings, but remains too reliant on imported fossil fuels for its energy needs. The annual Energy...
View ArticleKirby Group reports 50% increase in pre-tax profits in 2012
Irish-owned engineering services contractor Kirby Group has reported a 50pc increase in pre-tax profits to €1m in 2012 on the back of revenues of €64m. With operations in Dublin, Galway, Limerick, the...
View ArticleUS investment firm Apollo buys up Arnotts’ debt
US investment firm Apollo has acquired loans secured on the Arnotts department store in Dublin following a lengthy bidding process, reports this mornings Irish Independent has learned. The loans, which...
View ArticleRabbitte announces new legislation enabling the use of ESB infrastructure for...
Extensive ESB infrastructure will provide an opportunity to extend the reach of fibre in Ireland, with the potential to enhance the provision of high speed broadband and increase competition in the...
View ArticleNAMA issues passed to Gardai
The Irish police have appointed a senior officer to liaise with the state-owned NAMA property fund over alleged impropriety by a former employee, Prime Minister Enda Kenny said on Wednesday. NAMA, the...
View ArticleCSO figures shows growth in Irish economy
Quarterly national accounts data just released by the CSO show a strong pick-up in the pace of growth in the Irish economy during Q3. During the last quarter GDP expanded 1.5% q/q (+1.7% y/y) while GNP...
View ArticleClik here to view.
Topaz to Invest €3m in Dublin Airport Service Station
Topaz has announced details of a €3 million investment in its service station at Dublin Airport. The upgrade will transform the station into one of the most modern and best equipped in the country,...
View ArticleClare roads to benefit from 2m euro allocation
Clare Fine Gael Senator Tony Mulcahy has received confirmation from the Department of Transport, Tourism and Sport, that Clare County Council has been allocated €1,988,481 towards the maintenance and...
View ArticleIreland’s outlook remains positive – S&P
Ratings agency Standard and Poor’s has affirmed Ireland’s long term sovereign rating at BBB+/A-2 with the outlook remaining positive. In Ireland, the ratings agency expects the government to reduce its...
View Article