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Bitcoin Weathers the Digital Currency Storm

Current State of Bitcoin Digital currency, once a pioneering industry, is now saturated with a multitude of offerings from the notorious Bitcoin, to newcomers like Zcash. However, when Bitcoin reached its peak price point in late 2013, its supremacy and growing legitimacy brought optimism to the long-term prospects of digital currency. Bitcoin now (16/2/16) sits Read more about Bitcoin Weathers the Digital Currency Storm[…]

Unemployment down to 10.7% in November – CSO

The standardised unemployment rate in November was 10.7 per cent, down from the revised figure of 10.9 per cent in October, new figures from the Central Statistics Office have shown. On a seasonally adjusted basis, the Live Register recorded a monthly decrease of 4,100 in November, reducing the total to 367,100. In unadjusted terms, there Read more about Unemployment down to 10.7% in November – CSO[…]

Irish manufacturing continues to expand as orders flood in

Irish manufacturing activity increased for the 18th month in a row in November as exporters saw new orders flood in at the fastest rate in almost four years, a survey showed. The Investec Manufacturing Purchasing Managers’ Index stood at 56.2 in November, down from 56.6 a month earlier but comfortably above the 50 mark that indicates growth Read more about Irish manufacturing continues to expand as orders flood in[…]

Consumers set to spend almost €4bn over Christmas

Irish shops are bracing themselves for their best Christmas since the nadir of the economic collapse, with a new report suggesting consumers are set to spend €4 billion between now and the new year. The upbeat forecast is contained in Retail Ireland’s Christmas Monitor, which tracks key trends across the economy and the retail sector Read more about Consumers set to spend almost €4bn over Christmas[…]

EU-US deal could benefit dairy trade, says Bruton

The trade deal between the European Union and the United States could offer valuable market opportunities for the Irish dairy industry, Minister for Trade Richard Bruton has said, following a meeting of EU trade ministers in Brussels. Pointing out that the recent trade agreement between the EU and Canada had brought benefits for the Irish dairy and Read more about EU-US deal could benefit dairy trade, says Bruton[…]

Irish corporate tax system most efficient in Europe, study says

Ireland has the most efficient corporate tax system in Europe with the least red tape, according to a study from PwC and the World Bank. The report found that the effective corporate tax rate in Ireland – the amount of tax paid as a percentage of profits – was 12.4 per cent, close to the Read more about Irish corporate tax system most efficient in Europe, study says[…]

Two-thirds of firms plan to hire next year – survey

Two-thirds of Irish firms plan to hire staff next year as a survey of chief financial officers showed increasing optimism about the outlook for Irish business. The RSM Farrell Grant Sparks survey found that 91 per cent of “traditionally cautious” chief financial officers (CFOs) believe their business is in a good position to capitalise on Read more about Two-thirds of firms plan to hire next year – survey[…]

Irish exporters upbeat about outlook for 2015 – survey

More than 70 per cent of exporters reported an increase in exports in 2014 compared with 62 per cent last year while nearly 85 per cent expect exports to rise in 2015, a new survey shows. The Export Ireland Survey, by the Irish Exporters Association (IEA) and Grant Thornton, found that labour-related costs and access Read more about Irish exporters upbeat about outlook for 2015 – survey[…]

Irish unemployment falls to 11% in October from 11.1%

Irish unemployment fell to 11 per cent in October from 11.1 per cent in September, the 10th straight month in which it dropped, the Central Statistics Office (CSO) said. It stood at 12.4 per cent in October last year. On a seasonally-adjusted basis, the live register fell by 3,500 or 0.9 per cent in October Read more about Irish unemployment falls to 11% in October from 11.1%[…]