FDI | Business Post

John Walsh: The centre-left needs an economic vision to match its political rhetoric

Getting into government will be one thing for parties like the Social Democrats and Sinn Féin - making a success of it will be quite another, as the fate of Nicola Sturgeon shows

Irish economy’s outsized growth keeps euro-area positive but note of caution attached

The unexpected growth of the euro area in the final quarter of last year is down to Ireland’s outsized expansion, according to economists

The Big Picture

Vincent Boland: Fifty years on from joining the EEC, we have many reasons to celebrate

In 1973, Ireland was a dismal place with a declining population and poor life expectancy; in the 50 years since as Europeans, we have become richer, healthier, we live longer and are better educated

IDA told state infrastructure issues were risk to overseas investment

Inward investment agency told government it was ‘critical’ that Ireland addressed issues around planning, housing and energy if it was to continue attracting companies from abroad

Leo Varadkar: Our prosperity is precious – and here’s how we are protecting it

An Tánaiste Leo Varadkar outlines the government’s new white paper on enterprise, which aims to support Ireland’s current strong economic position

Fit for purpose? The new plan to future-proof Ireland’s enterprise strategy

Against a shifting global economic backdrop of rocketing inflation, rising interest rates and a downturn in key industries such as tech, how will the government’s new enterprise plan address Ireland’s issues – now and into the future?

Varadkar: Housing crisis a ‘drag’ on overseas investment

Tánaiste says Ireland’s infrastructure “not up to scratch” with foreign executives often asking about the provision of housing, water and energy before making investment decisions

US multinationals told state to simplify ‘cumbersome’ tax system or face losing investment

American Chamber of Commerce said Ireland should change to a territorial system which taxes companies on income derived within its borders and is considered a simpler model for taxing multinationals

The Big Interview

‘For our HQ, I was always going to have to be talked out of Ireland’ – Leo Sheridan, Advanced Clinical

Leo Sheridan’s Advanced Clinical, which carries out research trials on new drugs, is expanding into Ireland and the Chicago entrepreneur plans to bring the company’s new international headquarters to Dublin

Ireland still has ‘competitive advantage’ in the ICT sector

However, over-reliance on investment from the US leaves country exposed

John Walsh: With a downturn on the way, the government must focus on the things it can control

There’s not much Ireland can do about the growing list of threats to the corporate tax that we rely so heavily upon, but the government can try to avoid the mistakes of the past and keep a tight rein on spending

Ian Guider: If plan B is to still target multinationals, we will need a plan C very soon

Relying so heavily on FDI for our jobs and tax revenues leaves the country exposed in any global downturn – there should be more focus on helping indigenous companies

John Walsh: We need to reconsider the Berlin/Boston dichotomy as Irish America begins to wane

The Biden administration could be the last White House so well disposed to Irish interests and it is time to acknowledge that our future lies in being a fully paid-up member of the EU

John Walsh: It’s time Irish businesses got as much support as the FDI sector

With government spending increasing and our heavy reliance on corporate tax receipts, Ireland could be left exposed if a resurgent US Republican party were to follow through on Trump’s pledge to repatriate jobs from American firms operating abroad

Martin Shanahan announced as incoming Head of Industry and FDI at Grant Thornton Ireland

The outgoing chief executive of IDA Ireland has been appointed as a partner in the financial services firm and will lead Grant Thornton’s industry and foreign direct investment (FDI) activities from 2023

Exclusive: Pfizer to invest €1 billion in new Dublin biotech plant

The company, which already employs 4,000 people in Ireland, is understood to be at an advanced stage in its plans for the facility which would be one of the largest pharmaceutical investments in the history of the state

Business Post's View

Editorial: Intel job fears highlight importance of FDI for the country

The economy depends heavily on overseas investors so Intel concerns and Novartis job losses reveal how Ireland is exposed when global economic conditions turn sour

The Exit Interview

‘We’ve really focused on the regions, and I think that has borne fruit’ – Martin Shanahan, IDA chief

Under Martin Shanahan’s stewardship, the IDA has overseen a 54 per cent increase in the number of multinational companies with a presence in this country, while the value of their annual exports has more than doubled to €294.1 billion

Our failings on innovation could come back to haunt FDI model

Ireland’s wooing of heavyweight foreign investors has proven so successful, it’s undermining the stability of our economy, so we must come up with a new winning formula

A new Horizon: ‘Ireland’s appeal to us is about the talent, not just tax’

Horizon chief executive Tim Walbert explains why the drug company will keep expanding in Ireland and has marked its commitment by sponsoring the Irish Open