Category: Syndicated

Home building levels reach 10 year high – Goodbody

January 22, 2020By Practicenetbuilding, Syndicated

21,500 new homes were completed last year, according to new analysis from stockbrokers Goodbody, up 19% on the figure for 2018. The increase marked the highest rate of growth in a decade and is nearly five times greater than the 2013 trough of 4,575. However it still sits below the 34,000 units that the Central […]

Ireland has fifth largest number of billionaires per capita – Oxfam

January 22, 2020By PracticenetSyndicated

A new study has found that Ireland has the fifth largest number of billionaires relative to its population of any country in the world. The report, produced by Oxfam ahead of the start of the World Economic Forum in Davos, claims that with 17 billionaires, most of whom are men, Ireland is mirroring the global trend […]

ComReg cuts 1800 Freephone services costs for businesses

January 22, 2020By Practicenetcomreg, Syndicated

ComReg is introducing measures that will reduce the costs for businesses and charities offering ‘1800’ Freephone numbers to users of their services. Calls to 1800 Freephone numbers are free to the caller, but it has been very costly for business and organisations who offer services and helplines over such numbers to provide such services. ComReg […]

Dublin Port reports strong growth in EU trade volumes

January 21, 2020By PracticenetSyndicated, trade

Dublin Port Company has again reported record growth figures for 2019 as trade with the European Union countries experienced strong growth. Volumes on Ro-Ro (Roll-on/roll-off) and Lo-Lo (life-on/lift off) services to Continental Europe grew by 10.7%, but UK volumes fell by 0.2%. Dublin Port reported growth in unitised volumes (both Ro-Ro and Lo-Lo combined) of […]

EU/US trade talks ‘off to good start’

January 21, 2020By PracticenetSyndicated

European Union trade commissioner Phil Hogan said his meeting with senior US officials marked a “good start” to resetting trade ties with Washington, but there was more work to do. Hogan told reporters he had a good exchange of views with US Trade Representative Robert Lighthizer several times during his visit, and underscored Brussels’ desire […]

Interest rate hike in state’s home loan scheme

January 21, 2020By Practicenetinterest, Syndicated

The Government has sharply increased the rate of interest it will charge future first-time home buyers availing of its Rebuilding Ireland Home Loan scheme. As a result of the changes, the 25-year fixed rate has increased to 2.745% from 2%, while the 30-year fixed rate has risen to 2.995% from 2.3%. The move means those […]

Dublin Port’s trade with Europe spikes as Brexit takes toll on UK

January 20, 2020By PracticenetSyndicated, trade

Volumes through the country’s busiest port indicate a shift from the UK to a growing trade with the continent. Figures from Dublin Port show volumes to Britain fell by 0.2pc last year, while volumes on services to continental Europe grew 10.7pc. Dublin Port trade volumes hit another record in 2019. The port, whose traffic was […]

Car sales in Europe get late-year boost helped by incentives

January 20, 2020By Practicenetcar sales, Syndicated

Europe emerged as a bright spot for the embattled global car industry after car sales jumped to a record in December, but it could be short-lived. The “exceptional” gain in Europe last month was fuelled by a 28% increase in France and a more than doubling in Sweden, where governments changed emissions-based taxes on new […]

Soaring gold price leads to a refining boom

January 20, 2020By PracticenetSyndicated

In a refinery just outside Uganda’s main airport, workers slip bars of freshly refined gold into clear plastic bags sealed with a sticker of the national flag — black, yellow and red — and the label “Ugandan’s Treasure.” Uganda produces little gold of its own. Alain Goetz, who set up the refinery, says that by […]

Housing costs push 2019 inflation rate up to 0.9% – CSO

January 17, 2020By Practicenethousing, Syndicated

New Central Statistics Office figures show the rate of inflation almost doubled in 2019 compared to 2018 with housing, water, electricity, gas and other fuels showing the biggest price increases since 2015. Consumer prices rose by 0.9% in 2019, after increasing by 0.5% in 2018 and by 0.4% in 2017. The CSO said that during […]

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