Manufacturing & Supply Chain

Economy

Uncertain Economic Outlook Keeps Irish Consumers Cautious

    Uncertain Economic Outlook Keeps Irish Consumers Cautious

Irish consumers have remained cautious in the face of uncertain economic conditions, contrasting with changing attitudes in other areas, according to the November Consumer Sentiment Index, released by the ESRI

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Trade Mission to France Focuses on Cleantech, Brexit

    Trade Mission to France Focuses on Cleantech, Brexit

Minister for Foreign Affairs and Trade Charles Flanagan led an Enterprise Ireland Trade Mission to Lyon, on Wednesday, November 30, focusing on the high potential Cleantech sector. Today he will

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Value of Irish Money Market Funds Decreased by €16 Billion in September

    Value of Irish Money Market Funds Decreased by €16 Billion in September

Net asset value of money market funds (MMFs) in Ireland decreased by €16 billion to €444 billion in September 2016, according to statistics on money market funds during the third

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2016 Set to be ‘Best Year Ever’ for Irish Tourism

    2016 Set to be ‘Best Year Ever’ for Irish Tourism

2016 is set to be the best year ever for Irish tourism, surpassing all previous records, according to Tourism Ireland who launched its marketing plan to promote Ireland as a

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Minister Mitchell O’Connor Supports EU Proposal to Prevent Geo-Blocking

    Minister Mitchell O’Connor Supports EU Proposal to Prevent Geo-Blocking

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor attended a day-long meeting of EU Single Market Ministers in Brussels on Monday, November 28, to support the proposal for an

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CSO Finds Average Weekly Earnings up in Third Quarter of 2016

    CSO Finds Average Weekly Earnings up in Third Quarter of 2016

Preliminary estimates released by the Central Statistics Office on Friday, November 25, show that average weekly earnings and average hourly total labour costs both rose by 0.2% in the third

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Ireland’s Tax System ‘Most Effective’ in EU, Says PwC Report

    Ireland’s Tax System ‘Most Effective’ in EU, Says PwC Report

A report by PwC and the World Bank Group, released on Tuesday, November 22, says that Ireland is the most effective country in the EU for paying business taxes, and

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Medtronic Releases Second Quarter Financial Report

    Medtronic Releases Second Quarter Financial Report

Dublin-headquartered medical device company Medtronic reported the financial results of its second quarter on Tuesday, November 22. The company reported second quarter worldwide revenue of $7.345 billion, an increase of

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State Prepares to Sell Shareholding of AIB

    State Prepares to Sell Shareholding of AIB

The Department of Finance announce on Thursday, November 17, that they have launched a competition to appoint investment banks to help coordinate in a potential Initial Public Offering (IPO) of

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Record Number of Collaborative Agreements Signed Between Industry and Researchers in 2015

    Record Number of Collaborative Agreements Signed Between Industry and Researchers in 2015

Research by Knowledge Transfer Ireland found that 748 collaborative new research agreements between research performing organisations and industry were signed in 2015, a record number, according to a November 18

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14,270 Days Lost to Industrial Disputes in the Third Quarter of 2016

    14,270 Days Lost to Industrial Disputes in the Third Quarter of 2016

Figures released by the Central Statistics Office on Thursday, November 18, show that 14,270 days were lost to industrial disputes in the third quarter of 2016. The figures can be

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136 New Office Buildings to be Built in Dublin

    136 New Office Buildings to be Built in Dublin

136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the next five years, according to Savills’ 2016 Skyline Survey. The

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CSO Estimates 3.7 Billion Euro Trade Surplus for September

    CSO Estimates 3.7 Billion Euro Trade Surplus for September

Preliminary figures released by the Central Statistics Office on Tuesday, November 15, indicate that Ireland’s seasonally adjusted trade surplus will fall to €3.7 billion in September 2016, from €4.6 billion

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Irish SMEs will get chance to avail of lower corporation tax, says Minister

    Irish SMEs will get chance to avail of lower corporation tax, says Minister

Minister Mary Mitchell O’Connor has announced that new legislation will allow Irish SME’s involved in research and development activities to avail of a lower corporation tax rate of 6.25% in

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Central Bank Revises Irish Growth Projections

After Brexit, the Central Bank has revised its growth projections for the Irish economy for the next year.

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June PMI Shows Growth in Service Sector

According to Investec’s latest Purchasing Managers’ Index, the service sector is experiencing growth. It showed that this sector has been increasing in activity for the past 47 months.

While the service sector is expanding, the travel and leisure sector fell. New businesses rose significantly in the past month as well.

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Brexit Hits Irish Stock Market

Many of Ireland’s largest companies are seeing downgraded stock ratings as recent analysts are predicting lower earnings as a result of the Brexit.

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Irish Business Sectors Consider how Brexit will Affect Trade

The business sector in Ireland is preparing for the blows that the economy will face after hearing the results of the Brexit vote.

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JCD Group Bringing Over 150 Jobs to Cork

New construction for a commercial property company is expected to create 150 jobs for Cork as they are looking for employees to run the new data center.

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Argos Reports Rise in Sales

Argos total sales have risen by 2.6% in the past 13 weeks due to the rise in online sales.

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Manufacturing growth reaches 8 month high for the month of March

According to the latest Purchasing Managers’ Index, growth in Manufacturing rose to an eight month high in March. Expansion has slowed compared to the strong growth that was seen in 2014 and the beginning

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Both Ireland and Northern Ireland’s economies would benefit financially if reunified

    Both Ireland and Northern Ireland’s economies would benefit financially if reunified

Political and economic reunification of both the North and South of Ireland could potentially deliver a €35.6bn boost in GDP for the island in the first eight years – according

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Irish economic growth tops euro zone again

    Irish economic growth tops euro zone again

New preliminary figures from the Central Statistics Office show that GDP increased by 7.8% for the whole of 2015. This made the Irish economy the fastest growing economy in the Europe

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MyHome.ie predicts house price growth of 5% for 2016

Property website MyHome.ie has predicted another year of “robust” house price growth this year on the back of rising incomes

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Irish salaries to rise in 2016

    Irish salaries to rise in 2016

According to a survey by consultant company, Mercer, salaries in Ireland are forecast to rise by over 2% in 2016.

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ESRI predicts growth close to 5% in 2016

    ESRI predicts growth close to 5% in 2016

The Economic and Social Research Institute (ESRI) has forecast that the economy will grow by 6.7% this year and close

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Ibec increases its projections for Irish economy

    Ibec increases its projections for Irish economy

Business group Ibec has improved its GDP forecast for the Irish economy this year, and now expects it to grow

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Forecast predicts 6% growth in Irish economy

    Forecast predicts 6% growth in Irish economy

The Irish economy is expected to grow by almost 6% this year, according to a new forecast. The EY Economic

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OPEC set to maintain oil output levels

    OPEC set to maintain oil output levels

OPEC appeared unlikely to cut oil production to lift languishing prices at a meeting in Vienna on Friday, potentially worsening

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IEDR: Only 35% of Irish SMEs can process sales online

    IEDR: Only 35% of Irish SMEs can process sales online

Irish shoppers are expected to spend €100 million (or €4 million an hour) on Black Friday, but only 35% of

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CPL Resources to create 200 new jobs

    CPL Resources to create 200 new jobs

Recruitment company CPL Resources announced the creation of 200 skilled, operational roles across the Group’s extensive branch network in the

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Credit Suisse plans for major trading floor in Dublin

Swiss bank, Credit Suisse, is on course to become the first international bank to set up a major trading floor in

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Scottish innovation and investment hub in Dublin to increase trade

Today Fiona Hyslop, the Scottish Cabinet Secretary for Culture, Europe and External Affairs announced the appointment of John Webster to the new

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Bank of Ireland approves €3.6bn of new SME loans

Bank of Ireland said it approved €3.6bn of new credit for Irish business in the nine months to the end

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Record 17 percent increase in sales at Kildare Village

Sales at Kildare Village are at a record high as they increased by 17.7 percent in the year to date

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Strategic Banking Corporation of Ireland makes €50m available to SMEs

The Strategic Banking Corporation of Ireland (SBCI) is to make lending of €50m available to small and medium-sized businesses looking

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Business Angels reach €50m milestone with Connexicon Medical’s €1.15M investment

HBAN, a joint initiative of InterTradeIreland and Enterprise Ireland responsible for the all-island promotion of business angel investment, today announces

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Billion dollar aircraft leasing industry paid €23m in corporation tax in 2014

Aircraft leasing is a multi-billion euro industry yet it paid €23m in Irish corporation tax last year. Ireland is home

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Philip Lane appointed new Central Bank Governor

Philip Lane, an economics professor at Trinity College Dublin, has been named as the new Governor of the Central Bank.

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Budget package of tax cuts and spending hikes now set to be €3bn

    Budget package of tax cuts and spending hikes now set to be €3bn

In a note circulated this morning Conall MacCoille said the just-published White Paper on Estimates of Receipts and Expenditure showed

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Consensus forecast predicts economy to grow by 5.6pc in 2015

    Consensus forecast predicts economy to grow by 5.6pc in 2015

The forecast, carried out by DKM Economic Consultants, based its estimate on projections from both Irish and international bodies such

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Central Bank raises 2015 GDP forecast to 5.8 percent from 4.1percent

Ireland’s economic recovery accelerated in the first-half, expanding from the export sector to the domestic economy, prompting the Central Bank

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