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Saturday 3 June 2023 Dublin: 4°C

# firms

All time
# Optimism
Construction work was on the up again last month (and firms are hiring)
Some firms hired new staff to prepare for further growth in work.
# Banks
A third of ads for financial services 'do not meet guidelines'
A Central Bank survey assessed almost 300 advertisements from 23 different firms.
# Jobswatch
Carl Scarpa and Flannery's Pub among eight firms who saved over 400 jobs so far this year
The Hughes Blake SME Examinership Index showed that seven of the eight firms were SMEs.
# Corporation Tax
"There was no sweetheart deal for Apple" in Ireland
CEO of IDA Ireland Barry O’Leary told the Oireachtas Public Accounts Committee that foreign companies are paying a substantial amount of corporation tax.
# Jobs
Better business conditions mean 'more firms are hiring'
A new survey from KBC Bank Ireland and Chartered Accountants Ireland looks at business sentiment in the country, and says Irish business activity has strengthened.
# Minimum Wage
‘Put her back in her box’: ISME slams Burton’s call to raise minimum wage
The small and medium-sized firms’ body says increasing the minimum wage forces employers to pay more than the going rate.
# Your Say
Poll: Should we increase the minimum wage?
Minister Joan Burton has called for a rise in the current wage of €8.65 per hour. Do you agree with her?
# Lending
Property sector accounts for almost half of outstanding business loans
Lending to both small and large businesses in this sector continued to fall over the the last year.
# Career Change
12 companies which originally sold entirely different products
What did Tiffany & Co, Avon and Nokia sell before they became household brands? Not jewellery, cosmetics nor phones…
# Jobswatch
Small and medium businesses could* deliver 20,000 jobs
The Small Firms Association makes optimistic prediction for 2013 – *but only if SMEs are “placed at the heart of economic policy”.
# Jobs
Limerick company launches scholarship to fight skills shortage
Emutex has launched a scholarship and internship for third level undergraduate students, after having to go abroad to hire seven out of 10 people in 2012.
# tendering
New website to make awarding of state contracts easier for firms
Procurement Minister Brian Hayes said the website will significantly reduce the amount of documentation for companies bidding for contracts.
# Economy
Central Bank Governor calls for focus on corporate restructuring
Patrick Honohan said many firms may need restructuring to survive and avoid imminent loan defaults.
# firms
Only 15 per cent of firms are in growth mode - survey
An all-island survey found that 46 per cent half of Irish businesses are currently experiencing contraction, fighting for survival, or are in the process of winding up.
# Reputation
Google is Ireland's most reputable company, while John Player, Quinn and AIB come last
Google, Kerry Group and Apple are top of the class when it comes to corporate reputation in Ireland.
# In the red
Six firms collapsed each day in the first quarter of this year - report
Half of the 31,070 companies that were stress-tested by a risk analyst firm in the first quarter of this year were deemed “high risk”.
# Good News
€5.1 million in contracts secured by Irish firms in Oz
Forty five Irish companies journeyed to Australia to forge new business relationships and sign contracts.