Business News

IMF sees steady global growth, warns of slowing disinflation

17th July 2024

The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said today. The IMF warned in an update to its World Economic Outlook (WEO) that […]

Read More

Just 15% of Irish firms ‘fully compliant’ with GDPR

17th July 2024

Just 15% of businesses here say they are fully compliant with the European Union’s General Data Protection Regulation (GDPR) rules. A survey by Ipsos B&A, conducted on behalf of Forvis Mazars and McCann Fitzgerald, found that 58% of firms deemed themselves to be ‘materially compliant’, while 25% were ‘somewhat compliant’. That is despite more companies […]

Read More

Rebound in Dublin office lettings, but vacancy still rising

17th July 2024

There has been a strong rebound in Dublin office lettings, but a surge in supply in driving vacancy rates higher. New data from BNP Paribas Real Estate Ireland shows that 86,250 sq m of office accommodation was taken-up between April and June. This is the highest figure for two and a half years, and surpasses […]

Read More

Exports increase by 10% in first five months of 2024

16th July 2024

New figures from the Central Statistics Office show that exports of goods increased by 10% to almost €91 billion in the first five months of this year, while imports decreased by 10% during the same time. The CSO said that chemicals and related products showed the largest changes in both cases. Exports of these goods […]

Read More

Exports increase by 10% in first five months of 2024

16th July 2024

New figures from the Central Statistics Office show that exports of goods increased by 10% to almost €91 billion in the first five months of this year, while imports decreased by 10% during the same time. The CSO said that chemicals and related products showed the largest changes in both cases. Exports of these goods […]

Read More

Regulator overseeing building construction to be set up

16th July 2024

The Government is to establish a new regulator to oversee the construction of buildings. The Buildings Standards Regulatory Authority will have powers of inspection, enforcement and will have a range of sanctions available to it. Minister for Housing Darragh O’Brien will seek Cabinet approval for the establishment of the new regulator. This step was recommended […]

Read More

Regulator overseeing building construction to be set up

16th July 2024

The Government is to establish a new regulator to oversee the construction of buildings. The Buildings Standards Regulatory Authority will have powers of inspection, enforcement and will have a range of sanctions available to it. Minister for Housing Darragh O’Brien will seek Cabinet approval for the establishment of the new regulator. This step was recommended […]

Read More

Irish firms more upbeat than euro zone counterparts

16th July 2024

Almost three quarters of Irish medium-sized companies are predicting a positive future, the latest International Business Report from Grant Thornton reveals, better than the euro zone average. The Grant Thornton survey, which looks at the attitudes of 10,000 mid-market businesses across 28 countries, shows that 73% of Irish medium-sized companies surveyed are predicting a positive […]

Read More

Health Service Executive recruitment freeze ends today

15th July 2024

A recruitment freeze at the Health Service Executive is to end today after it was introduced last October. Its termination was confirmed yesterday by HSE CEO Bernard Gloster. The embargo was extended in November to include all categories of staff, with the exception of consultants, doctors in training and nurses and midwives who graduated last […]

Read More

GDP fell by more than previously estimated in 2023 – CSO

15th July 2024

New figures from the Central Statistics Office show that the economy as measured by Gross Domestic Product (GDP) contracted last year by more than previously estimated. The revised data shows that GDP shrank by 5.5% in 2023, compared to the original estimate of a 3.2% contraction. The CSO said the fall was driven largely by […]

Read More