investment Ireland must ‘play hard’ with subsidies to still attract FDI, says IDA chief There are fears that Ireland might not be able to compete with the massive subsidies now on offer for firms to invest in the US and various EU countries
Companies Subsidy war would pose serious threat to Ireland’s FDI successThe move by policymakers in Europe and the US to use subsidies to attract new investment needs a careful diplomatic response
IDA Subsidy wars: Ireland faces fierce global competition as international rivals pile onUS president Joe Biden’s US Inflation Reduction Act and Chips and Science Act have given rise to a high-stakes subsidy race between developed economies
Legal IDA asks High Court to block release of land deal documents Agency seeks to overturn Information Commissioner’s ruling which it says endangers its credibility in the commercial property market
Business Developer Gerry Barrett says €320m Galway city scheme will be ‘transformative’The mixed-use Augustine Hill development of eight acres around Ceannt train station in Galway was approved last week by An Bord Pleanála
Opinion John Walsh: We need an ‘IDA for housing’ to source building funds overseas Institutional investors have been depicted as vulture funds but the truth is an international solution is necessary as the state cannot fund the entire housing sector by itself
Foreign Direct Investment 'Ireland has not done a great job on infrastructure – that must change’: IDA chief executiveThe new boss at the state development agency says the country can compete for large scale investments but warns that the housing crisis risks jeopardising any future wins
investment Foreign investment to Ireland slows by double-digits in the first half of 2023Employment creation from multinationals was also down sharply in the first half of the year
Jobs Hiring slows by more that 40 per cent in IrelandIDA analysis of LinkedIn data found that a substantial drop post pandemic in hiring across Ireland
Tech AMD to create nearly 300 jobs in $135m investment The Nasdaq-listed semiconductor firm is to fund a number of R&D projects in Ireland over the next four years.
investment Ireland ranked second in the world for competitiveness – report Denmark ranked first, while Switzerland dropped one place to third
The Big Interview ‘FDI will remain a key part of Ireland’s economic growth story’ – Martin Shanahan, Grant ThorntonThe former IDA chief executive is looking forward to expanding the professional services firm’s FDI business and engagement with foreign multinationals
Tech Big Tech firms warn government over staffing concerns at new online safety regulatorMeta, Apple, Google and more are concerned about the new media commission’s resourcing given it will be implementing safety codes for the sector
MedTech Pre-Covid multinational supply chain model no longer fit for purpose, leading medtech firm saysDisruption caused by the pandemic has seen a shift in the industry to nearshore supply chains and changes in where raw materials are sourced from, the vice president of Becton Dickinson’s UK & Ireland says
Jobs Centripetal creates 50 jobs in GalwayThe US cybersecurity business has opened its European cyber intelligence centre of excellence in the city
Jobs Coveney did not raise issue of Irish staff cuts with Meta boss After Facebook’s parent announced global layoffs in March, the minister sent a letter to Nick Clegg, head of global affairs, supporting the firm’s future plans in Ireland
Tech Irish tech job losses a boon for life sciences’ firmsThe life sciences sector, which includes chemicals and medical devices companies, currently employs at about 16 per cent of all workers under the remit of state agency companies in Ireland
BP Exclusive Gridlock: Special report into a decade of underinvestment in crucial infrastructureUnderinvestment has left the country’s power, water, housing and transport systems at breaking point while an industry source described Ireland’s slow movement on infrastructure in the last decade as akin to ‘economic treason’
Tech Web Summit: State warned cold war with Paddy Cosgrave could hurt Irish firmsIDA and Enterprise Ireland weren’t very visible at the Web Summit conference in Rio and one businessman said ‘we should have been flying the flag more’
Tech Stripe granted €10m in IDA funding for engineer hires at new Dublin hub Company has been in the midst of a substantial round of lay-offs in recent months as part of a wider wave of job cuts at major tech firms worldwide
