Posts by splash
8 out of 10 employees have used AI in the workplace – survey
Eight out of ten employees have used artificial intelligence in the workplace, according to a new survey. The FRS Recruitment Employment Insights Report shows that almost half of employees believe AI will impact or replace their job in the future, a figure which represents almost double the number who held that view when the same…
Read MoreCaution urged over copper broadband switch-off
There are calls for careful planning around the switch-off of Ireland’s old copper broadband network amid warnings that many devices are still reliant on the system. Broadband network operator SIRO has conducted an analysis which shows that house and security alarms, medical and security monitors, lifts, landline and emergency phones, car park barriers and retail…
Read MorePrices sought for homes are up 6.7% in the second quarter – Daft
Prices sought for homes across the country rose by an average of 3.8% between April and June when compared to the previous quarter, new data from property listings website Daft.ie shows. The rise is the largest quarter-on-quarter gain since mid-2020. The increases brought to €340,398 the average advertised price for a home in Ireland. That…
Read MoreIreland slips two places to fourth in world competitiveness rankings
Ireland has dropped two places from last year in a key measure of international competitiveness. The country was ranked fourth of 67 economies examined by the Institute of Management Development (IMD) World Competitiveness Yearbook 2024, down from second last year. However, when compared to countries in the eurozone, Ireland came out on top as the…
Read MoreIrish prices second highest in EU last year
Prices paid by Irish consumers were the second highest in the EU last year, according to new official data. Irish prices were 42% higher than the EU average, according to Eurostat, just behind the 43% recorded in Denmark. Lowest price levels were registered in Bulgaria and Romania, the price comparison survey shows. The data also…
Read MoreIncreased labour needed to drive construction output
An increase in labour capacity in the construction sector may be needed if the number of houses that work has begun on this year are to be delivered. That is according to Banking and Payments Federation Ireland (BPFI) which says that between January and April, 30,138 units were commenced. That compares with 32,800 in the…
Read MoreNAMA on track to wind down by the end of 2025
The National Asset Management Agency remains on track to wind down completely by the end of next year. But the Minister for Finance Michael McGrath has confirmed that “some residual assets will remain unresolved” after the end of 2025, and that he will be proposing a new bill to ensure the NTMA manages these assets…
Read More6.3 million foreign visitors came to Ireland last year – CSO
New figures from the Central Statistics Office show that 6.3 million foreign visitors departed Ireland on overseas routes in 2023. Overall, the visitors spent €7.3 billion on their trips. Of this €1.9 billion was spent on fares, €0.3 billion on prepayments – including car hire, pre-booked tickets and other non-accommodation items paid for in advance…
Read MoreRetailers urged to prepare now for online Christmas shopping – An Post
Is it too early for Irish retailers to start preparing for Christmas? Not according to An Post. It has published its first eCommerce Index which shows that 95% of adults shopped online illustrating the potential for businesses to bolster and expand their ecommerce offering. The period from October to December, is known as the peak…
Read MoreStrategies for Enhancing Profit Margins Without Increasing Prices
In the competitive world of business, enhancing profit margins without raising prices can seem like a daunting challenge. However, with thoughtful strategies and a focus on efficiency, it is possible to increase your bottom line while maintaining customer loyalty and market competitiveness. This article from KAAS covers key strategies that companies can implement to boost…
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