US tax incentive sparked $150bn flight of funds from Irish Microsoft arm
Microsoft Research Ireland’s dividends to its parent multiplied after Donald Trump announced a one-time low tax window to lure corporate capital home
Fibre-based drinks firm to make 20 more products as demand rises
Donegal-based Circle of Light has secured private investment of €1.8 million and has its products stocked in 400 Irish shops
Surveys reveal vacancy rates of up to 25% in many towns
Concerns are raised as towns such as Tipperary and Dundalk experience high rate of vacancies for commercial premises
Irish supply chain firm to open a European base after revenues double
Corkman Alan Coughlan’s Lansil Global eyes expansion after opening its first facility in China in 2015
No independent valuation for €2k social housing rents
Dún Laoghaire-Rathdown County Council signed 25-year lease on 87 Dundrum apartments for use as social housing without seeking opinion other than developer’s on rent levels
The long read: Amid high vacancy rates can the town centres hold?
With large towns such as Tralee and Dundalk reporting vacancy rates of 25 per cent, retail outside the big cities is struggling. Will the government’s new plan, Our Rural Future, manage to halt the decay?
Over 75% of new social homes are bought or leased from builders
Building of public housing by local authorities has dwindled to nearly non-existent levels in our biggest cities, official figures show
Developers reap healthy profits while claiming housebuilding is not lucrative
Astra Construction posted a thirteenfold increase in after-tax profits between 2018 and 2019, while Park Developments saw a €14.8m profit over 18 months
Why our councils remain stuck in the social housing cul-de-sac
The lengthy approval process that council social housing projects must go through is a long-standing bugbear of TDs and councillors. But is long-term leasing of social homes a worse option?
Irish drinks firm toasts its success with plans to expand into Britain
Donegal-based SynerChi has created a range of kombucha drinks with key investment from food magnate Ray Coyle and his daughter Natalya, a former Olympian
Oracle shifted $30bn from Bermuda-based subsidiary to Irish firm ahead of TikTok deal
US tech firm transferred money last year as it prepared to take over Chinese-owned social network TikTok
House prices up by average of €20,000 year on year, Daft finds
Website records its lowest ever figure for properties listed for sale, with supply collapsing by 40 per cent compared to this time in 2020
Company that owns Kildare Village records loss of €3m
Accumulated losses at Value Retail Dublin Limited now exceed €64.6 million
Kingspan chief ‘drove’ lobbying against combustible cladding ban after Grenfell tragedy
Inquiry into the Grenfell Tower fire in which 72 people died hears company did its ‘best to ensure that science was secretly perverted for financial gain’
Dalata founder to help furniture search engine to reach ‘the next level’
Hotel boss Pat McCann joins the board of Ufurnish as the firm closes a multimillion pound investment round
Vaccine programme suspended at Beacon Hospital
Minister for Health acts after 20 teachers from the chief executive’s children’s school received left-over vaccines from the private hospital
The Sunday Interview: David Walsh, chief executive and founder, Netwatch
David Walsh founded Netwatch, the remotely monitored security company with Niall Kelly. The company has 300,000 customers worldwide, and now the pair are embarking on a new venture, HaloCare, which uses sensors to monitor the vital signs of elderly people living alone
No tenant for key Ilac Centre store as retailers retreat from city centres
Shopping centre group Hammerson has warned Dublin City Council that its fruitless hunt for a tenant to replace H&M suggests an irreversible decline in retail
Ballymore ‘engages’ with luxury home residents over range of complaints
Rising service charges and plumbing problems were some of the complaints made by residents of high-end London apartments built by Irish development firm
Emirates could add cargo flights out of Dublin to boost business
The airline’s cargo operation saw a ‘bounce’ in demand at the start of 2021, right after Brexit