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Thursday 2 February 2023 Dublin: 8°C

# Investment

All time
# Brown Spirits
The Liberties chosen as site for new €10 million whiskey distillery
The Teeling Whiskey Company will announce the creation of 30 jobs today.
# Jobswatch
Up to 500 new jobs as Tyco proposes move to Cork
Good news on the jobs front for the city.
# Investment
US Chamber President warns high rents and energy costs may deter investors
Louise Phelan said lessons could be drawn from Ireland’s export-led growth in the late 80s and early 90s.
# Poll
Poll: Should Capital Gains Tax be reduced?
Is it time that Capital Gains Tax be reduced or does it bring in much needed funds to the Exchequer?
Voices
Damien Kiberd: Why middle-aged men with money invest in Netflix...
…And why their tech confusion means there is no logic in how they price its shares.
# Sales
NAMA has raised €16.5 billion since 2010
The bad bank raised €5.8 billion of that figure in 2013.
# Jobswatch
Watch: IDA Ireland announces investment by Santa Claus
He’s coming to a town or greenfield site near you.
# Jobswatch
68 new jobs announced in two multinationals
A British company will create 30 jobs next year and a firm in Cork has already begun recruiting for 38 new positions.
# rising fortunes
Ireland tops Forbes list of 'Best Countries for Business'
The business magazine’s annual list shows Ireland moving up six places. The UK is in 12th place this year. Germany is 24th.
# Investment
Global health inequality could be eliminated by 2035 — report
An increase of €2.2 billion in Research and Development, combined with a shift in GDP calculations, could bring about the change “within a generation”.
# Got milk?
€21m investment in 'milk mining' to create 73 jobs
Food Health Ireland ‘mines’ milk to identify novel bioactive ingredients to develop functional foods which will offer health benefits to consumers.
# Action Plan for Jobs
Percentage of foreign investment outside Dublin and Cork falls three years running
A government and IDA Ireland target to get 50 per cent of all foreign direct investment in areas outside of the two main urban centres has been dropped from the Action Plan for Jobs.
Voices
Column: Laughter at World Toilet Day is worth it if it highlights that sanitation is a human right
Today is World Toilet Day. Yes, people might laugh, writes Michael Doorly, but did you know more children die from diarrhoea related disease than HIV, malaria and tuberculosis combined.
# EU membership
Brian Hayes: 'Northern Ireland must make its voice heard on the UK’s EU membership'
The Minister of State in the Department of Finance said that it is in Ireland’s national interest that Britain should remain a full member of the European Union.
# Renewable Energy
€29m investment for marine renewable energy research centre creates 77 jobs
The centre will conduct world-leading research on all aspects of marine renewable energy.
# Investment
BT snares British Champions League rights in £900m coup
The deal for the Irish TV rights to show the competition after 2015 has yet to be confirmed.
# SMEs
€125m fund to boost small and medium businesses
The funding will assist businesses that need capital for expansion.
# Banking
ACC branch network should be used for a state investment bank - O'Connor
The SIPTU leader claims that the move would grow business and protect jobs.
# ding ding ding
Enda Kenny to ring the NASDAQ bell in Dublin tomorrow
The NASDAQ bell will signal the opening of the Web Summit which is taking place in Dublin.
# Mental Health
New Donegal centre hopes to tackle mental health issues and rural isolation
The HSE area manager in Donegal explains what they hope to achieve by making a ‘one stop shop’ for mental health services.
# Trade
Bloodstocks in the Middle East and life-sciences on the East Coast: Ministers on tour
Ministers Bruton and Coveney have set off on separate trade missions this week.
# Report Card
IMF review says close supervision of Irish banks is essential
Ireland’s latest report card by the IMF also states that firm implementation of budget policies is required if Ireland wants to achieve its fiscal targets.
# FDI
Total foreign direct investment into Ireland increased to €258 billion
Ireland had a net surplus of €31 billion in foreign direct investment in 2012.
# Property
NAMA to invest a minimum of €2 billion in Irish property market
Chairman Frank Daly said that €13 billion had been generated in revenue from rents and from disposals of assets and properties since NAMA’s establishment
# Investment
€4 million fund to target the most disadvantaged children in Tallaght area
The funding will establish early initiative programmes that will support children and families.
# 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.
# Market sentiment
Investors feeling less confident about Irish economy
Confidence in the Irish property market is on the rise, but the budget has Irish investors less confident about their own future.
# Electricity
Eirgrid propose routes for €500mn Leinster-Munster high-voltage power line
The project is at an early stage and Eirgrid say they do not expect to submit an application to An Bord Pleanála for planning approval before 2015.
# Social Housing
New €32 million investment in over 260 social housing units
The Minister for Housing says that the investments will “support jobs in every county”.
# Funding
Irish universities are the worst in the world at attracting business funding
A new study saw universities in South Korea come out on top with businesses investing about €72,959 in each scholar to carry out research on their behalf.
# Jobswatch
Good news for Sligo: 45 new jobs in online retail business
The company is looking to create a software development team in the county.
# Jobswatch
Salesforce.com to add 100 jobs at new Dublin office
The company, which was in the top 20 of Fortune’s Best Companies to work for, says the jobs will be in the areas of sales, marketing, IT and customer support.
# anglo irish relations
Ireland and the UK are planning closer economic cooperation
A visa waiver programme, allowing visitors to both countries to travel freely between both islands, is among the recommendations of a major report published today.
# venture capital
Venture capital investment increases in 2012
A new report shows an increase of 26 per cent on the amount invested in 2011.
# Jobswatch
Pfizer to create up to 250 construction jobs
Pfizer is expanding its plants in Dublin and Cork to produce pharmaceuticals to deal with some of the most difficult to cure diseases.
# Internet
Living in a remote part of the world? Google wants to get internet access to you with balloons
Google is launching balloons into near space to beam internet access to the world below.
# jobs boost
229 new pharma jobs at Almac plant in Armagh
The firm’s announced a €16 million investment in its Craigavon facility.
# Sports Spending
GAA to invest €9m in new facility at the National Sports Campus in Blanchardstown
The development work is set to commence shortly and will be ready for use by September 2014.
Voices
Column: Small and mighty – why nanoscience is booming in Ireland
Ten years ago, the global market for nano-enabled materials was €420 million. In 2015, it will be $2.5 trillion. Nanoscience is the future and Ireland is very much part of it, writes John Boland.
# Nelson Capital Advisors
Central Bank of Ireland warns about unauthorised investment firm
Nelson Capital Advisors has been offering investment services to the Irish public.