Search Results for 'Economy of the Republic of Ireland'
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Shannon Group’s role as a key driver of regional economic growth has been underlined by increases in 2016 passenger and visitor numbers to Shannon Airport and Shannon Heritage, respectively.
Enterprise Ireland, the Government agency responsible for developing Irish business globally, reported that Enterprise Ireland client companies based in Galway created 836 jobs in 2016, bringing total employment by Enterprise Ireland clients to 7,294.
IDA IRELAND, the Government agency responsible for attracting foreign direct investment, has announced that it had a successful year in the west region last year, with a net increase of more than 1,600 jobs in its client companies.
In 1851, the Mayo Gaeltacht stretched west across the county from a line between Kilasser and Ballindine, excluding the town of Ballina. The official census figures for that year record that 65.8 per cent of the county’s population could speak the Irish language. By 1926, that figure had plummeted to 36.8 per cent and today, 47.2 per cent of the Mayo population claim the ability to speak the language, though to vastly different standards. Statistics for where the language is living and in everyday use are more important and telling. In that regard, the Mayo Gaeltacht is now confined to the Erris region, the eastern half of Achill Island, the Corraun Peninsula and a pocket around Tourmakeady on the western shore of Lough Mask.
The Institute of Professional Auctioneers & Valuers (IPAV) says Irish consumers can get used to the price of housing continuing to rise until supply increases.
Returns on deposit related products are at an all-time low with the average deposit rate being offered by various financial institutions hovering around 0.25%. Despite Deposit Interest Retention Tax (DIRT) of 41% being reduced to 39% from 1st January next, the return on your deposits are depressingly low.
Ireland’s positon as one of the top medtech clusters in the world will be bolstered today (Monday) with the official launch of CÚRAM, the Centre for Research in Medical Devices. CÚRAM is a Science Foundation Ireland Research Centre based at NUI Galway, which is a unique symbiotic relationship of academia and industry partners that pushes the scientific frontiers in medical devices.