Posts by splash
The Essentials of Sustainable Financial Practices for Modern Businesses
In an era where environmental and social responsibility is increasingly valued, sustainable financial practices have become essential for modern businesses. Sustainable finance goes beyond profits, incorporating strategies that ensure long-term success while supporting social and environmental well-being. In this article from KAAS, we explore the core elements that every business should consider to create a…
Read MoreServices sector continues to grow solidly in October
There was a sustained uptick in activity in the services sector last month, the latest AIB Ireland Services Purchasing Managers Index shows. However, growth momentum eased from September’s six-month high, the data shows. Overall the index fell from 55.7 in September to 53.8 in October. “The rate of growth in the Irish services sector was…
Read MorePersonal loan drawdowns hit highest level ever in second quarter
Strong demand for car loans propelled the value of personal loan drawdowns to the highest level recorded during the second quarter of the year. In total 60,674 loans worth a total of €641m were provided during the April to June period. That was up 7.6% in volume and 18.9% in value, when compared to the…
Read MoreOver 700 cybersecurity incidents in Ireland last year
The National Cyber Security Centre (NCSC) received 5,276 reports last year, 721 of which were confirmed as cybersecurity incidents. This led to the opening of 309 investigations. The figures are contained in the National Cyber Security Annual Update 2023 which was published today. According to the report, the vast majority of incidents were categorised as…
Read MoreThe Business Case for Employee Retention: Financial and Strategic Benefits
In today’s competitive business landscape, employee retention is more than just a human resources focus—it’s a strategic advantage with significant financial benefits. Retaining skilled employees not only reduces costs but also fosters a productive, motivated workforce. In this article from KAAS, we explore why investing in employee retention is one of the best moves a…
Read MoreOPEC+ agrees to delay December output hike for a month
OPEC+ has agreed to delay a planned December oil output increase by one month, the group said, as weak demand notably from China and rising supply outside the group maintain downward pressure on the oil market. Eight members of OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, were…
Read MoreOctober new car registrations up 9.7%, but EV registrations down 12.3%
New figures from the Society of the Irish Motor Industry (SIMI) show that new car registrations for October rose by 9.7% to 2,423 when compared to the figure of 2,208 the same month last year. Registrations so far this year are down 1.2% to 119,668 on the 121,134 cars registered the same time last year.…
Read MoreGovernment urged to ‘ramp up’ broadband capacity
The Government has been told that National Broadband Ireland should seek to ramp up its capacity to meet the demand for new connections in anticipation of continued strong take-up. The recommendation is contained in an independent evaluation report of the National Broadband Plan which was prepared by EY Ireland. The study was based on extensive…
Read MoreWholesale electricity prices rise over 12% in September – CSO
New figures from the Central Statistics Office show that wholesale electricity prices increased by 12.2% in September compared to August, and were 1% higher compared to September of last year. But wholesale electricity prices have fallen by 70.9% when compared with their peak seen in August 2022. The price index for all energy fuels dropped…
Read MoreInternational tourists spending less time here, more money
International visitors are spending less time in Ireland, but more money. New figures from the Irish Tourism Industry Confederation (ITIC) show that the length of overnight stays between July and September fell 7%, when compared to the same time last year. However, revenue was up 10% with visitors spending €2.14 billion. Nearly 2 million international…
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