Business News

DAA bid to raise cap on airport fliers to 35 million

23rd November 2018

THE DAA has entered preliminary discussions with An Bord Pleanála about raising the cap on the number of passengers that Dublin Airport can handle, from 32 million to 35 million. The construction of Terminal 2, which opened a decade ago, was subject to a planning condition that included the current maximum number of passengers that […]

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Join industry leader groups to get inspired

23rd November 2018

Q: I run two successful cafes. I don’t have a lot of space in either and I am really challenged when parents arrive with buggies and young children. How can I handle this delicate issue? A: This is indeed sensitive. You run the risk of not only alienating parents, but also their family and friends. […]

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Banks have become more profitable since the crash

21st November 2018

BANKS in this country have become more profitable since the financial crash. At the same time, other EU banks have seen their level of profits decline, a new paper from an economist based in the Central Bank has found. Banks here are gaining from the low cost of funds, and from the fact they have […]

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What do I do if my bank says projections for firm are not based in reality?

21st November 2018

Q: I am at an advanced stage of business planning for a new food product and all the indicators are that it will be successful. My projections show I will be doing several million in turnover in the third year, however my bank has been highly critical saying my projections are over-ambitious and not based […]

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Ecommerce explosion: online cross-border sales boom in China offers Irish exporters opportunities

21st November 2018

Ecommerce has exploded in China – on current trends half of all of the world’s online transactions will take place in the economic power house this year. Local Chinese tech champions such as Alibaba, Tencent and JD.com dominate a rapidly-growing ecommerce ecosystem, mostly within China, according to a paper from the World Economic Forum (WEF). […]

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Adrian Weckler: ‘Beware of Black Friday ‘sales’

19th November 2018

In five days, ‘Black Friday’ will occur. You’ll see and hear lots of ads appearing about this. Sadly, it’s a time of the year when retailers spoof a lot about price cuts with no consequence from any regulatory body. Discounts are exaggerated and recommended retail prices – ‘RRP’ – are quoted that have not been […]

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Consumer spending to reach a record €105bn – surpassing boomtime peak

19th November 2018

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report. The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing […]

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Review of expenses scheme angers accountants

19th November 2018

One of Ireland’s top accounting representative groups has lashed out at Revenue’s review of the flat-rate expenses scheme, saying 500,000 could ultimately be affected and that some individuals could lose out on gains from the Budget. Brian Keegan, director of public policy and taxation at Chartered Accountants Ireland (CAI), said changes to the scheme coming […]

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The Irish studio started with just myself…now we have 36 employees.’ Blockchain firms look to Dublin

16th November 2018

A growing cryptocurrency ecosystem and availability of tech talent is attracting blockchain leaders, and their companies, to Ireland. Digital currency exchange Coinbase has most recently helped to expand the crypto economy here, opening an office in Dublin just last month. At the time, the firm’s UK CEO Zeeshan Feroz said that Dublin, with its diverse […]

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Startup diary: There are three rules that every startup needs to follow for sales success

16th November 2018

Once you have users for your online product, how do you sell to them? This an important question. I often speak to aspiring founders about their ideas and the first question I always end up asking is: “Who will give you money and why?” The need to ask this question is a remarkably frequent occurrence. […]

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