Ireland can seize global growth opportunity in health technology if national strategy is adopted
BioPharmaChem Ireland and Irish Medtech Association, the Ibec groups that represent the sectors, today launched a joint Budget 2024 submission advocating for the Government to develop a national health technology and life sciences strategy led by the Department of Enterprise, Trade and Employment, with the appropriate resources appointed within the department to manage its implementation. […]
Agreement on Windsor Framework positive for EU-UK relations and all-island economy – Ibec
Ibec, the group that represents Irish business, has said that today’s announcement on the Ireland/Northern Ireland Protocol through the Windsor Framework will be welcomed by businesses across the all-island economy. Responding to the news that the European Union and the UK have reached an agreement on the post-Brexit trading arrangements for Northern Ireland, Ibec […]
Housing challenges harming Ireland’s attractiveness as a place to live and poses greatest threat to competitiveness – Ibec
Government must deliver suite of ambitious policies alongside new collective effort in the form of Social Dialogue to urgently address housing challenges. Proposed fiscal measures would cut the cost of new homes by €30,000 Ibec, the group that represents Irish business, says Government must urgently deliver a suite of ambitious policies to speed up the […]
New Ibec report demonstrates role of Belfast/Good Friday Agreement in delivering prosperity
Report marks launch of major new “For Peace + Prosperity” campaign As the Belfast/Good Friday Agreement (BGFA) nears its 25th anniversary, Ibec, the group that represents Irish business, today published a new report that spotlights the significant economic and social prosperity that the landmark agreement has delivered for both the island of Ireland and Britain. […]
Innovative policies can further catalyse recovery of Experience Economy – Ibec
The Experience Economy is the linchpin of the domestic business model, spending millions in wages, salaries and employment taxes In 2019, the St Patrick’s Festival was worth €73 million to the Irish economy Industry warns that legacy effects of Covid still being felt despite easing of restrictions As communities across the country get ready […]
Existing mortgage lending measures outdated and in need of reform – PII
Property Industry Ireland (PII), the Ibec group that represents the property and construction sector, has said that existing mortgage measures in Ireland are outdated and need to be amended to reflect new economic realities. The call comes as PII publishes its submission to the Central Bank’s review of macroprudential mortgage measures (see attached). Existing […]
July Stimulus is a timely confidence and investment boost – Ibec
Ibec, the group that represents Irish business, has strongly welcomed the July Stimulus package announced from Government today, the largest single economic stimulus in the history of the State. Ibec CEO Danny McCoy said: “On behalf of the Irish business community, today’s stimulus package of increased public spending, investment and tax supports is a welcome and important step in rebooting the economy. Government has taken […]
Just half of businesses understand the Circular Economy – Ibec survey
Just one in two businesses (51%) understand what is meant by the Circular Economy, with only 39% aware of EU initiatives to drive sustainable change, according to a survey conducted by Ibec in association with the Environmental Protection Agency (EPA). More encouragingly, half the respondents (49%) acknowledged that moving to a more circular economy presents […]
Average households to spend over €2,690 in shops this Christmas
Retail Ireland, the Ibec group that represents the sector, today published its Christmas Retail Monitor 2018 (see attached pdf) that predicts the Irish household will spend an average of €2,690 in shops this December, approximately €866 more than any other month of this year and roughly 3% more than Christmas 2017. The monitor predicts […]
Ibec Brexit Survey: Contingency Planning Accelerates As Negotiations Intensify
Ibec, the group that represents Irish business, will launch the results of a major new Brexit survey with Minister for Foreign Affairs and Trade Simon Coveney at the All-island Civic Dialogue in Dundalk. The survey shows that a large majority of companies are now actively engaged in Brexit planning, despite the massive uncertainties that remain. Over one […]
