Business Financial News

EI Targets Post-Crisis Exports Recovery for Indigenous Firms

By Ryan Harmon 20 January 2022

Enterprise Ireland (EI) is aiming to increase exports by its client companies by nearly 20pc to €30bn within the next three years, according to the latest strategy plan by the State agency. EI, which supports indigenous manufacturing and services companies, also intends to add 15,000 net jobs per year in that time, as it steers […]

Business Financial News Technology

Blockchain: Explained in Plain English

By Ryan Harmon 19 January 2022

This is not just another article about blockchain technology. This is blockchain explained in plain English. If you and technology haven’t got friendly yet, but you’ve googled ‘blockchain’ at least once – and then given up, overwhelmed with all the information coming at you and flooding your brain – don’t click away! When blockchain was first

Environment Financial News

Ministers Announce Series of Actions to Support Horticultural Growers

By Ryan Harmon 18 January 2022

Ministers in the Department of Agriculture, Food and the Marine have announced a series of actions to support Irish horticultural growers who are dependent on peat. This follows the publication of the Final Report of the Working Group on the Use of Peat Moss in the Horticultural Industry. The Working Group on the Use of […]

Business Financial News

Eurogroup Discusses Economic Resilience and Plans for Sustainable Recovery

By Ryan Harmon 17 January 2022

The Minister for Finance and President of the Eurogroup, Paschal Donohoe TD, will chair the Eurogroup meeting in Brussels on Monday 17 January to discuss economic resilience. He will also attend ECOFIN on Tuesday 18 January, the first of the French Presidency of the Council. The Eurogroup will discuss the performance of the euro area […]

Council Partners Culture Financial News

New Community Activities Fund Launched in Clare

By Ryan Harmon 17 January 2022

Minister for Rural and Community Development, Heather Humphreys TD, and Minister of State with responsibility for Community Development and Charities, Joe O’Brien TD, recently announced a €9 million fund to support community groups impacted by Covid-19 over the past two years. The Community Activities Fund under the Community Enhancement Programme will support groups,

Business Education Financial News Technology

New Digital Training Course to support 20,000 Irish SMEs

By Ryan Harmon 17 January 2022

Enterprise Nation will train Irish SMEs in cybersecurity, digital marketing, e-commerce and more as part of the Go and Grow Online programme. Enterprise Nation has teamed up with Microsoft, Vodafone and Klarna to launch a free-to-access digital training programme aimed at supporting small businesses in Ireland. The Go and Grow Online programme is a one-year

Business Financial News

Flipdish Valued at More Than $1bn After Latest Funding Round

By Ryan Harmon 14 January 2022

Irish food-ordering platform FlipDish has raised $100m in new funding, which gives it a valuation of $1.25 billion. That makes it the country’s latest tech unicorn – joining firms like Intercom, Workhuman and Fenergo. A unicorn is a privately held startup company valued at over $1 billion. The latest funding, led by Tencent, follows a […]

Business Financial News

Professional Salaries to Rise 5-10% as ‘Great Resignation’ Continues

By Ryan Harmon 13 January 2022

Professional salaries in certain sectors of the Irish jobs market are expected to increase by between 5 and 10 per cent in 2022, with increases of 15-20 per cent likely for some in-demand niche skills, according to professional services recruitment consultancy Morgan McKinley. It says more than four in five people are considering a career […]

Business Financial News

Highvern Opens Irish Office

By Ryan Harmon 11 January 2022

Highvern has established an Irish office, led by country head Philip Dempsey and directors Adrian Bailie and Emma Keane in three new appointments. The Irish office will provide corporate and fund administration services to both regulated and unregulated structures ranging across debt, capital markets, real estate, infrastructure, private equity, and other alternative asset

Business Financial News

Strong Exchequer Returns Demonstrate Effectiveness of Government’s Business and Job Support Strategy

By Ryan Harmon 10 January 2022

Chambers Ireland, the voice of business throughout Ireland, argues the Exchequer Returns emphasise the strong economic position we are in, despite two years of the pandemic. Strong tax returns, particularly in income tax, demonstrate that Government policy to support businesses and jobs has been correct. This suggests that we will be in an ideal position […]

Culture Financial News

€21.5m for 27 Landmark Regeneration Projects Nationwide

By Ryan Harmon 6 January 2022

The Minister for Rural and Community Development, Heather Humphreys TD, has announced €21.5 million for 27 landmark regeneration projects in rural communities across the country. The funding, under the Rural Regeneration Development Fund (RRDF), is being invested in projects that will rejuvenate town centres, drive economic growth and footfall, combat dereliction, develop

Financial Health News

Introduction of Minimum Unit Pricing of Alcohol

By Ryan Harmon 6 January 2022

The Minister for Health, Stephen Donnelly TD and the Minister for Public Health, Well Being and the National Drugs Strategy, Frank Feighan TD have welcomed minimum unit pricing on retail alcohol sales coming into force. Ireland is now one of only a small number of countries in the world to introduce minimum pricing. Scotland was […]

Financial News Technology

Understanding Cryptocurrency: Explaining Crypto to Your Parents

By Ryan Harmon 5 January 2022

Most of us have had to explain to a retiring parent, elderly aunt or grandparent the inner workings of new tech. And while Wi-Fi, social media and bluetooth are mostly now understood, the new conversation is about understanding cryptocurrency and blockchain. As the digital-savvy young person, you will be considered the expert. So it’s worth […]

Business Environment Financial News

Minister Ryan Announces Micro-Generation Support Scheme

By Ryan Harmon 22 December 2021

The Minister for the Environment, Climate and Communications, Eamon Ryan TD, announced Government approval for the Micro-generation Support Scheme (MSS). This scheme provides a range of supports to assist homes and businesses to develop renewable generation for self-consumption; the micro-generation enabling framework introduces payments to micro-generators for exported

Business Financial News

Government Intention to Sell Shares in AIB

By Ryan Harmon 21 December 2021

The Minister for Finance, Paschal Donohoe TD, has announced that the Government will sell part of the State’s 71.12% directed shares in AIB Group Plc (the “Company”) over approximately the next six months through a pre-arranged trading plan that will be managed by Merrill Lynch International. BofA Securities was appointed to the role from the […]

Business Financial News

Highest Increase in FDI Employment in a Single Year in 2021

By Ryan Harmon 21 December 2021

IDA Ireland, the inward investment promotion and development agency of the Irish Government, reported a record breaking year for FDI employment with significantly higher levels of Foreign Direct Investment (FDI) in 2021 compared with 2020 and strong gains recorded in both gross and net employment. Total employment in IDA client companies in Ireland now stands […]

Business Financial News

High Potential Dublin Start-Ups

By Ryan Harmon 8 December 2021

Ireland’s capital remains one of the leading European tech cities, just behind London and Paris. So it’s encouraging that the latest Financial Times’ Tech Cities of the Future rankings described Dublin as a “thriving hotspot for start-ups”, and Enterprise Ireland’s support structures for early-stage entrepreneurs play a huge part in the city scoring highly.

Business Financial News

Businesses Need Legislative Certainty on Covid-19 Supports Before Dáil Christmas Recess

By Ryan Harmon 6 December 2021

Chambers Ireland, the voice of business throughout Ireland, is concerned about the challenges businesses are experiencing due to uncertainties around Covid-19 supports. In light of the reintroduction of restrictions, it is clear that we are not in the recovery scenario that underpinned Government decision-making regarding Covid-19, and Budget 2022. However, above-profile

Council Partners Financial News

Latest Dublin Economic Monitor Highlights Robust Economic Recovery

By Ryan Harmon 6 December 2021

The latest Dublin Economic Monitor (DEM), published this morning by the four Dublin Local Authorities, shows that the recovery in the Capital is gathering momentum and providing a much-needed stimulus for many sectors of the economy. Dublin’s IHS Markit Purchasing Managers’ Index (PMI) shows that private sector business activity in Dublin continued to expand in […]

Council Partners Financial News Transport

Fingal to Benefit From Joint Effort to Boost Economy Between Dublin and Belfast

By Ryan Harmon 3 December 2021

A new cross-border partnership established to foster economic growth along the key strategic route between Dublin and Belfast has announced its inaugural political leadership team who will help drive employment opportunities, address barriers impacting trade and encourage the delivery of better transport infrastructure. Cllr Pete Byrne from Newry, Mourne and Down District