Search Results for: Irish

The lack of oversight over funds given by Ireland’s Health Service Executive to potentially unworthy charitable organisations, such as the scandal-ridden suicide charity Console (now closed), has caused much political tumult over the past decade. And a series of debates over Irish charity executive pay has dented public confidence.…

Irish small-and-medium-sized enterprises (SMEs) could make more use of the country’s R&D tax credits to stimulate innovation according to a recent KPMG study which found only 55% of SMEs surveyed had claimed R&D tax credits. Also, only half of respondents were aware of a ‘knowledge development box’ tax relief offered by Ireland’s Revenue Commissioners to encourage more spending on research and development activities.…

MARCH’S approval by the European Parliament of new European Union (EU) electricity market rules, designed to increase consumer choice, boost renewables access and cap power subsidies, were hailed by the European Commission as a new dawn for the creation of the EU’s much vaunted Energy Union.…

THE GLOBAL demand for lactic acid is growing, with the world market forecast to reach USD1.75 billion by 2020, on the back of an 8.6% annual gain for polylactic acid, according to data from international nutrition group Glanbia Ireland. So, it is encouraging to hear about the launch of the company’s first-of-its-kind bio-refinery project, that will turn low value by-products from the dairy processing industry into sustainable lactic acid among other by-products, and finally turn Europe to a net exporter of lactic acid.…

IRISH accountants will be on the frontline of a major investment challenge facing Ireland – how to improve the country’s weak water supply system, without boosting its energy consumption to levels that may fuel climate change.

Combining non-financial with financial reporting is an essential part of making the fine investment judgements that will be needed as Ireland’s government and utilities seek to reform a water system that loses over 40% of its supplies from the national pipe network before it flows from taps.…

IRELAND’S whistleblowing regime is to be strengthened to comply with a new European Union (EU) whistleblowing directive that was approved in April (2019) by the European Parliament. Reforms must be in place by 2021 and will build on Ireland’s Protected Disclosures Act 2014 – itself a step forward legally for Irish whistleblowing, according to Professor Kate Kenny, of the National University of Ireland, Galway (NUI).…

Few issues give Irish politicians as much grief as the health service. Perennial budget overruns and waiting lists have ruined several ministerial careers. But what should have been a good news story, the building of a new National Paediatric Hospital, in Dublin, has done perhaps the most damage.…

With their large financial services industries and open economies, the United Kingdom and the Republic of Ireland are conspicuously exposed to money laundering (ML) and terrorist financing (TF) risks.

Tough anti-money laundering (AML) and countering the financing of terrorism (CFT) policies are at the heart of their respective financial services regulations, yet both countries are regularly forced to fend off criticisms that they are not doing enough to tackle these problems.…

Beef Plan – a movement put together by Irish suckler and beef farmers to fetch them better prices and more autonomy – is gaining momentum, the group’s spokesperson has told GlobalMeatNews.

The project that kicked off last September (2018), outside the structures of traditional farming organisation, and projected to last until 2025, is all about “getting control back to farmers” from the big beef buyers, empowering them to make good business decisions, said Beef Plan spokesperson Eamon Corley.…

It may not have been widely noticed internationally, but Dublin has become a key cog in the Russian economy’s financial system. That exposure – while profitable for the city’s accountants and lawyers – also risks becoming a liability due a lack of transparency over the source and use of funds.…