Home Archive by category Business (Page 34)
Business Transport
Limerick-Ballybrophy route described as an ‘expensive campaign’ for local TD Alan Kelly A railway line between Limerick and Ballybrophy is costing €550 per passenger to operate, a report has found. The review into rail services, drawn up by the National Transport Authority and Iarnród Éireann, is to be brought to Cabinet by Minister for Transport […]
Financial
The Finance Bill is to contain a provision which will adjust a loan-to-value restriction on the Government’s first-time buyer scheme. Originally the Budget stated that home buyers would have to take out a mortgage of at least 80% of the value of a home to qualify for the grant. However, there were concerns raised by […]
Business
The recently published KPMG CEO Outlook for 2016 shows the trepidation with which Irish CEO’s view the post-Brexit business landscape, compounded by the pressing demands to transform industries as the lines between industries, companies, technologies and customers are increasingly blurred. 64 percent of those surveyed expect their industry to change more in the next
Financial
Interest deductibility for residential landlords is to be increased by 5% to 80% as part of measures in Budget 2017 to support the rental market. The rate had been restricted to 75% in 2009. In addition, full interest deductibility for landlords will be restored on a phased basis. It will increase by instalments of 5% […]
Financial
The Taoiseach Enda Kenny said Budget 2017 is the first in a series of budgets that are focused on what the public said was important. Speaking on RTÉ News, Mr Kenny said it was based on continued prudent management of the economy that takes into account coming challenges such as Brexit. The Taoiseach said he […]
Financial News
Government intensifies preparatory work on Brexit and announces All-Island Civic Dialogue to seek broad based views on all-island implications. Next Steps to include: · An all-island Civic Dialogue on Brexit with the initial meeting to be hosted by the Taoiseach and the Minister for Foreign Affairs and Trade on 2 November in Dublin. Invitations will […]
Financial
Bus Éireann has told staff that it is planning to separate its loss-making Expressway service from the rest of the company, and is also contemplating changing terms and conditions for staff working in that division. In a letter to employees, the company says that in the current financial situation, no payroll increases can be contemplated […]
Business Financial
GE plans to establish four prefabricated, off-the-shelf biologics factories for GE customers in GE BioPark Cork, creating up to 500 jobs GE’s factory is between 25 and 50 percent more cost-effective to build than traditional manufacturing facilities GE is also in the process of setting up a training collaboration with National Institute for Bioprocessing Research […]
Business
Biopharma company GE Healthcare is to create up to 500 jobs in the Republic with a €150 million investment in a manufacturing campus. The company plans to establish four prefabricated, off-the-shelf biologics factories at GE BioPark, Cork. In addition, it will also establish an advanced manufacturing training centre at the National Institute for Bioprocessing Research […]