Archive for January 2024
Wage growth in Ireland eases to 3.7%
Wage growth in Ireland slowed at the end of 2023 and has dropped to 3.7% year-on-year, according to a new report from jobs site Indeed and the Central Bank of Ireland. The research shows that the wage growth rate in Ireland is below the 3.8% recorded across the euro area and the slowest since April…
Read MoreIreland top European country for data fines
Ireland has once again topped a league table of European countries for issuing data fines. The 2024 edition of global law firm DLA Piper’s annual GDPR and Data Breach Survey shows that supervisory authorities across Europe have issued a total of €1.78 billion in fines since 28 January 2023, which is an increase of 14.1%…
Read MoreTaoiseach to meet world leaders and CEOs in Davos
Taoiseach Leo Varadkar is in Davos for the World Economic Forum, which has so far been dominated by the conflicts in the Middle East and Ukraine. Mr Varadkar is expected to meet a number of world leaders and hold bilateral talks with the chief executive officers of several global corporations. He arrived in Davos last…
Read MoreMastering the Art of Negotiation: Essential Skills for Business Owners
Negotiation is an art form, essential in the arsenal of any successful business owner. It’s the subtle dance of give and take, understanding and influencing, strategy and psychology. At KAAS we know that whether you’re dealing with clients, suppliers, or employees, the ability to negotiate effectively can lead to better deals, stronger relationships, and increased…
Read MoreCreating a Culture of Innovation: Driving Business Success from Within
In the rapidly evolving business landscape of the 21st century, innovation is not just a buzzword – it’s a survival strategy. At KAAS we know that companies that foster a culture of innovation are the ones that not only survive but thrive and lead. But how can businesses cultivate this culture and harness it to…
Read MoreInflation rate moves up to 4.6% in December – CSO
The annual rate of inflation rose in December, driven by increases in prices in areas such as restaurants and hotels, mortgage interest repayments and rents and package holidays. The Consumer Price Index climbed to 4.6% in the year to the end of December, the Central Statistics Office said today. That compares to 3.9% in the…
Read MorePlan launched for future of digital creative industries
The Government has launched a plan to boost growth in the digital creative industries. The roadmap will focus on commercial design, digital games and content creation including advertising and commercial social media content. The plan is designed to leverage the potential of the sectors for sustainable employment, export growth and regional development. Implementation of the…
Read MoreMinister assures flexibility over tax debt warehousing scheme
Minister for Finance Michael McGrath has said the Government will introduce flexibilities to the Tax Debt Warehousing Scheme. Speaking to RTÉ News in Davos, Mr McGrath said: “We are going to make some changes to the tax warehousing regime with a view to being as flexible as we possibly can. “We’ve been engaging with the…
Read MoreWind farms supplied 35% of electricity in Ireland in 2023
Wind farms supplied a record 35% of all electricity used on the island of Ireland last year, according to the annual report of Wind Energy Ireland. This saved €1.6 billion, north and south, from having to be spent on imported gas and carbon credits that would have been required to burn it. As a result,…
Read MoreCSO: Exports down 3% in November to €16.5bn, imports up
Exports of goods from Ireland fell by 3% or almost €600 million in November 2023 when compared to the same time the previous year. In total, goods valued at just over €16.5 billion were exported during the month, down almost €2bn on the previous month, the latest figures from the Central Statistics Office show. When…
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