dublin wtc logo

Implications of the Irish General Election (So Far)

This article was originally supposed to examine the economic and social implications of the newly elected government in Ireland. But as I will discuss, this has been left uncertain still.. As those who have been paying attention to the2016 Irish General Election over the weekend should know, the result have shown a relatively mixed bag Read more about Implications of the Irish General Election (So Far)[…]

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[…]

Small Business Column: The best export destinations for Irish firms

In this week’s column, Kehlan looks at the best countries to export to and why you should be looking at them to grow your business Over the past number of years Irish SMEs have learnt the Irish market simply isn’t big enough to rely on for growth. Mentions of the US and China come as Read more about Small Business Column: The best export destinations for Irish firms[…]

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 consumers to spend €1.55bn this festive season

Irish consumers will spend about €1.55 billion on Christmas this year, up 3.5 per cent from last year, according to a report published by Webloyalty.ie today. Of that figure, €839.9 million will be spent on gifts, with almost two-thirds of consumers planning to spend up to €300 on presents. The average Irish Christmas budget is Read more about Irish consumers to spend €1.55bn this festive season[…]

Investor confidence in the Irish economy rises to four-year high

Sentiment toward the Irish economy is at a four-year high with 91 per cent of investors confident about the outlook over the next three months, a new survey showed. This was up from 82 per cent at the end of June and an all-time low of 10 per cent recorded in the RaboDirect Investor Barometer Read more about Investor confidence in the Irish economy rises to four-year high[…]

Irish trade surplus at €3.3bn in August

Irish exports increased by 23 per cent in August (to €7.97 billion) from July, figures from the Central Statistics Office have shown. Coupled with a small increase of €29 million (1 per cent) in imports, the seasonally adjusted trade surplus increased by €1.43 billion — or about 75 per cent – to stand at €3.3 Read more about Irish trade surplus at €3.3bn in August[…]

Ireland to abolish controversial ‘double Irish’ tax arrangement

Ireland has officially announced the phased abolition of its controversial “double Irish” tax scheme that has enabled multinationals such as Apple to dramatically cut down their tax bills. The arrangement, which has drawn the wrath of the US Senate as well as the Republic’s EU partners, helped global corporations to move most of their taxable Read more about Ireland to abolish controversial ‘double Irish’ tax arrangement[…]

Irish economy to grow by 5% this year and next – ESRI

The Irish economy will grow by approximately 5 per cent both this year and next year and unemployment will fall below 10 per cent, according to the ESRI. Economic growth is expected to be strong in 2014 and 2015, it said in its Quarterly Economic Commentary for Autumn 2014, published today. The ESRI predicts growth Read more about Irish economy to grow by 5% this year and next – ESRI[…]