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Government measures improve financial viability of new apartment developments, according to SCSI analysis

A new assessment by the Society of Chartered Surveyors Ireland indicates that recent policy changes have strengthened the financial viability of apartment construction. The study suggests that Government interventions introduced after a slowdown in apartment delivery have altered the economics of the sector in a noticeable way. Before any State assistance was applied, only two…

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CCPC reports declining competition across parts of Ireland’s services sector

A new analysis from the Competition and Consumer Protection Commission has highlighted a notable weakening of competitive pressures across several key segments of the Irish services sector. The findings form part of the CCPC’s State of Competition in Ireland programme, which is reviewing developments in non-financial services over a fifteen-year period from 2008 to 2022.…

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Ireland’s Multinational Surge Drives Record Growth and Tax Returns

Ireland’s economic momentum has accelerated significantly this year, propelled largely by the extraordinary performance of the multinational sector. A combination of booming pharmaceutical activity, strong technology exports and robust domestic conditions has resulted in one of the strongest periods of growth the country has experienced in recent years. Pharmaceutical exports have been a standout factor.…

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Irish Internet Banking Usage Climbs to 94 Percent as Digital Reliance Deepens

New data from the Central Statistics Office indicates that Irish households continue to increase their use of online services, with internet banking reaching its highest level of adoption to date. The CSO’s latest Household Digital Consumer Behaviour report, covering the second quarter of the year, highlights a continued shift toward digital habits across nearly all…

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Services Sector Records Strongest Growth in Over Three Years

Ireland’s services sector saw its sharpest rise in activity in more than three years during November, according to the latest Purchasing Managers’ Index (PMI) published by AIB. The data points to robust momentum across a wide range of service industries, with business expansion, employment and new orders all improving at notable rates. Broad-Based Growth Across…

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National Broadband Plan Progresses Ahead of Schedule

The rollout of Ireland’s National Broadband Plan (NBP) continues to gather pace, with almost 157,000 homes, farms and businesses now connected to high-speed fibre. According to the latest update, close to 440,000 premises can now place an order for a connection, surpassing the original year-end goal of 420,000. National Broadband Ireland (NBI), the organisation responsible…

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Irish Workers Slow to Adopt AI Tools Despite Recognised Benefits

A new survey from PwC suggests that although Irish workers are aware of the potential advantages of artificial intelligence, daily usage of these tools remains limited. The firm’s latest Workforce Hopes and Dreams report found that only 10 percent of employees in Ireland use generative AI each day, a lower proportion than the global average…

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Euro Zone Inflation Edges Higher as ECB Holds Steady on Rates

Inflation across the euro zone rose slightly in the latest figures, reinforcing expectations that the European Central Bank will maintain its current interest rate stance for the foreseeable future. New data from Eurostat shows annual inflation increasing to 2.2 percent from 2.1 percent, keeping it close to the ECB’s target for most of the year.…

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