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Dublin: 18 °C Thursday 31 July, 2014

FDI

# fdi - Yesterday’s News

Here’s how Richard Bruton plans to create 7,000 jobs a year in multinational companies

We will be “competing to win”, the Minister said.

# fdi - Monday 30 June, 2014

Majority of indigenous tech companies expect revenue to grow

Over 81 per cent of companies said they were more confident about their business than they were three months ago.

# fdi - Wednesday 25 June, 2014

Ireland second to Bermuda as ‘conduit’ for taxable income of US multinationals – IMF staff paper

Corporate tax avoidance is bad for the global economy, paper reports.

# fdi - Wednesday 28 May, 2014

FDI companies love doing business here – and not just for our corporation tax rate

Companies said the access to Europe was a critical factor in relation to their priorities for setting up shop here.

# fdi - Tuesday 29 April, 2014

From TheJournal.ie Dublin-based companies have had €200 million worth of IDA backing, Laois has had €380,000 Jobs

# fdi - Friday 4 April, 2014

From TheJournal.ie American university looks to open $1m campus in Dingle Kerry

American university looks to open $1m campus in Dingle

Sacred Heart University is looking to expand its presence in the area.

# fdi - Wednesday 15 January, 2014

Engineers say EirGrid project will be ‘key to economic prosperity’ FDI

Engineers say EirGrid project will be ‘key to economic prosperity’

EirGrid know what they’re doing and have ‘some of the best engineers in the world’ working with them, Engineers Ireland has said.

# fdi - Monday 25 November, 2013

Percentage of foreign investment outside Dublin and Cork falls three years running

A government and IDA Ireland target to get 50 per cent of all foreign direct investment in areas outside of the two main urban centres has been dropped from the Action Plan for Jobs.

# fdi - Friday 4 October, 2013

Total foreign direct investment into Ireland increased to €258 billion FDI

Total foreign direct investment into Ireland increased to €258 billion

Ireland had a net surplus of €31 billion in foreign direct investment in 2012.

# fdi - Saturday 20 July, 2013

From TheJournal.ie Aaron McKenna: Irish people are losing out on jobs because we are not multilingual Opinion

Aaron McKenna: Irish people are losing out on jobs because we are not multilingual

The new jobs on offer are not beyond the capabilities of our people, but there is one thing we are lacking – a proficiency in foreign languages, writes Aaron McKenna, who says we should try and rectify this for future generations.

# fdi - Friday 19 July, 2013

75 new regional jobs created through reward scheme

The new jobs will be made by three companies across Portarlington, Kinvara and Co. Longford.

# fdi - Monday 7 January, 2013

IDA-backed companies created 12,722 jobs last year

The government agency responsible for foreign investment says its client companies added a net total of 6,570 jobs.

# fdi - Thursday 15 November, 2012

From TheJournal.ie Column: It’s time to examine our corporate tax rate Opinion

Column: It’s time to examine our corporate tax rate

We’re regularly told that “everything is on the table” for the Budget, writes Michael Taft. So what about corporation tax?

# fdi - Sunday 4 November, 2012

From TheJournal.ie Column: How Obama’s policies may hurt investment in Ireland Opinion

Column: How Obama’s policies may hurt investment in Ireland

Ireland’s foreign direct investment is at risk under Obama’s tax proposals. We should be worried, writes Dr Tom Flavin.

# fdi - Saturday 20 October, 2012

From TheJournal.ie Aaron McKenna: We know Ireland has talent – why stop it from growing? Opinion

Aaron McKenna: We know Ireland has talent – why stop it from growing?

Ireland’s ‘knowledge economy’ is actually waiting to happen, writes Aaron McKenna.

# fdi - Tuesday 26 June, 2012

Ireland’s trade to grow 125 per cent by 2026: report

HSBC is forecasting strong growth for Ireland’s trade, particularly in key sectors like pharma and agri-food.

# fdi - Thursday 3 May, 2012

From TheJournal.ie Burton defends government’s jobs record, says economy is in ‘transition’ Economy

Burton defends government’s jobs record, says economy is in ‘transition’

The Social Protection Minister claimed that the jobs initiative had boosted tourism numbers. Yesterday, the CSO said that there were fewer visits to Ireland in the first quarter of 2012.

# fdi - Sunday 22 April, 2012

1,500 building jobs to be created over next two years

Hundreds of jobs will be created in the construction industry over the next couple of years as a result of recent announcements for foreign direct investment in Ireland, the Industrial Development Authority has said.

# fdi - Sunday 11 March, 2012

From TheJournal.ie World Actors Forum to be held in Ireland next year Davos For The Arts

World Actors Forum to be held in Ireland next year

Tánaiste Eamon Gilmore has issued his progress report on last year’s Global Irish Economic Forum.

# fdi - Wednesday 7 March, 2012

Foreign investors foresee 20,000 new jobs in next three years FDI

Foreign investors foresee 20,000 new jobs in next three years

A study published by the Economist Intelligence Unit suggests multinationals will invest another $7.5 billion here by 2015.

# fdi - Sunday 22 January, 2012

From TheJournal.ie Foreign entrepreneurs should get special Irish visas – TD Jobs

Foreign entrepreneurs should get special Irish visas – TD

It can be hard to attract rich entrepreneurs to set up business in Ireland if it’s hard for them to get a visa – so Fine Gael TD Peter Mathews has proposed a new special visa for them.

# fdi - Thursday 5 January, 2012

Over 13,000 multinational jobs created in Ireland last year

Twitter, Intel, Coca-Cola and Paypal all made ‘significant’ investments in Ireland in 2011, helping increase the number of jobs created by foreign companies in Ireland.

# fdi - Monday 19 July, 2010

IRELAND is once again becoming a favoured location for foreign direct investment (FDI) according to a new report by IBEC (Irish Business Employers Confederation).

IBEC say the reasons behind our resurgence among foreign multinationals, is due to the ease of doing business in Ireland and a well educated work force. IBEC also states that Ireland is ranked fourth in the world in terms of availability of skilled labour and openness to new ideas and that wages will fall by 9% between 2008 and 2011, all of which has helped to boost investment into Ireland.

IBEC’s Director of International Affairs Brendan Butler said: “The adjustments, while painful, were absolutely essential to protect the Irish economy. The focus over the past two years on increasing productivity and cutting costs has helped companies restore some of the competitiveness lost in the preceding years.

However, Michael Hennigan of Financial blog Finfacts says:  “What is termed a report, is more a marketing brochure listing positives and could have been produced by a public enterprise agency where focus is generally more on spin than facts.”

Last week the IDA said this was ‘one of the best years on record’ for foreign investment into Ireland.

It also said exports are being helped by improving international demand and the weakening of the euro. The news comes in the wake on negative news from ratings agency Moody’s, which downgraded Ireland’s credit-rating this morning.

# fdi - Thursday 15 July, 2010

TÁINISTE MARY COUGHLAN has announced 200 new jobs for Letterkenny, Co. Donegal.

US health insurer UnitedHealth Group is to expand its existing operations in the town. The Fortune 100 company currently employs 340 people processing medical claims, as well as working as IT technicians.

The new jobs will be in the same areas and will be filled by the end of the year.

Coughlan said the company’s decision to locate in Ireland is due to the availability of highly-skilled staff in the region.

US Vice-President of Operations, Jim Becker, said it was ‘a proud day’ for the Group.

‘The Letterkenny facility stood out for us

‘Their unquestionable ability to succeed each and every day, along with their strategic location and passionate workforce made our decision very easy.’

# fdi - Tuesday 13 July, 2010

TAOISEACH Brian Cowen is set to meet top US business leaders in New York this morning. Cowen is on a three day economic mission to the US. The Taoiseach will also meet New York Mayor, Michael Bloomberg.

Meanwhile, Vice President of the IDA in the US, John Conlon said this could be “one of the best years on record” for US investment into Ireland. Speaking on Morning Ireland Colon said “last year when things were going badly, a lot of the press coverage was very negative. The government has taken the right decisions.”

“Investment has continued, even last year when FDI (Foreign Direct Investment) was down 40% worldwide, investment in Ireland was only down 4%. So, even through the bad years we’ve continued to win substantial investments from some of the best companies in the world into Ireland.

Conlon continued, “when they come to Ireland we normally have a very good chance of winning the project. Site visits are up 40% this year, we’re continuing to attract some of the largest companies in the world to Ireland, to invest in Ireland.”

Yesterday the Taoiseach launched a €500m innovation fund.