Mar27Fri

Transatlantic trade deal could boost GDP by 1.1% and create 10,000 jobs

The Sunday Business Post

A transatlantic trade deal between the European Union and the US could boost Irish GDP by 1.1 per cent and create up to 10,000 jobs in the export sector, according to a new report.

The report, by Copenhagen Economics on behalf of the government, found that sectors such as pharmaceuticals and chemicals, electrical machinery, agri-food especially dairy and processed food, and insurance, could be expected to gain from such an agreement.

But a Tranatlantic Trade and Investment Partnership, known as TTIP, could have negative consequences for the beef sector and possibly for the services sector.

The report also claims that real wages could improve by 1.5 per cent on average across all skill groups as a result of a deal with wages in low-skill groups rising by 1.9 per cent.

Feb27Fri

Member News: Bank of Ireland in the black

bankofireland
Bank of Ireland said it made an underlying pre-tax profit of €921 million last year compared with a loss of €564 million a year earlier and all its divisions are now profitable.

To read more, please click HERE.

Feb09Mon

Irish Government Launches 2015 Jobs Strategy at ICON HQ

Irish Prime Minister, Deputy Prime Minister & Minister for Jobs return to ICON for 2nd time in 3 years.

Excitement levels were high at ICON when the Irish Prime Minister (Taoiseach Enda Kenny), deputy Prime Minister (Tanaiste Joan Burton) and Minister for Jobs, Richard Bruton, chose ICON as the location to launch their 2015 Action Plan for Jobs. It was the second time in three years that the government selected ICON for this prestigious media event.

Read More

Feb04Wed

Doing business in Ireland

The yearly ranking published by the TMF Group, an international professional services firm, has put Ireland just behind Hong Kong and Jersey island for ease of doing business.

The report ranks countries based on a number of considerations including regulations, compliance, economics, cyber security risks and the local legal system.

Ireland is a favorite among tech companies in Europe due to its low corporate tax rate, with companies like Google, Facebook and Paypal all setting up offices in the capital.

Services sector expands at near fastest pace in eight years

The Irish services sector expanded at nearly the fastest pace in eight years in January, according to the Investec Purchasing Managers’ Index for the period.

The index reading was 62.5 in January, just below the December reading of 62.6, Investec said.

The December reading was the highest since February 2007.

Feb03Tue

Member News: ICON to create 200 jobs

iconIcon basing global innovation hub in Ireland, bringing 200 new jobs to Dublin and Limerick

Long-time IABCN Ambassador Club Member & Sponsor, ICON Plc, a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, has announced a new global innovation hub that will create 200 jobs in Ireland.

To read more, please click HERE.

Jan13Tue

Exporting companies boost [Irish] economy

Ireland’s exporters created 19,705 jobs last year.

A review of companies supported by Enterprise Ireland found a net increase of 8,476 in the number of people employed in these businesses – a record gain in one year.

Some 180,072 people are now working in the country’s home-grown export focused businesses, with the sector said to account for an estimated 300,000 jobs in the wider economy.

To read more, please click HERE.