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5 days ago | 
irishexaminer.com | Ronan Smyth
The chief executive of PTSB has said the bank has to ‚Äúproduce the results that are attractive to investors‚ÄĚ as it is about to become the last remaining pillar bank in Ireland in which the State has a significant stake in. The comments come following a decision by AIB earlier this week to buy back ‚ā¨1.2bn worth of shares from the Government, bringing the State‚Äôs stake in the bank to 3.3%.
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6 days ago | 
irishexaminer.com | Ronan Smyth |Emer Walsh
The high level of office building versus the low level of residential building in cities such as Dublin and Cork is “simply not sustainable”, the chief executive of Cairn Homes has said, adding that apartment construction will need to increase significantly if housing targets are to be reached. Michael Stanley was speaking following Cairn Homes' annual general meeting (AGM) in Dublin on Thursday.
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1 week ago | 
irishexaminer.com | Ronan Smyth
Enterprise Ireland funding to start-up companies increased by 15% during 2024, the agency revealed, as it kicks off its annual Start-Up Day conference in Dublin. Last year, Enterprise Ireland invested €27.6m in Irish start-ups across 157 companies. This is an increase on the €24m invested during 2023 across 156 companies. The investments were provided through Enterprise Ireland’s High Potential Start-Up (HPSU) and Pre-Seed Start Fund (PSSF) programmes.
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1 week ago | 
irishexaminer.com | Elaine Loughlin |Ronan Smyth |Michelle McGlynn
Some 25,000 jobs are at risk over the coming 12 months if Donald Trump retains 10% tariffs on European products, the Department of Finance has warned. Taoiseach Micheál Martin has said that even if current issues and differences in approach to global trade are resolved, there will not be a return to the status quo.
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1 week ago | 
irishexaminer.com | Ronan Smyth
The average motor insurance premium increased by 9% during the first half of 2024 compared to the previous year, with insurance companies seeing a significant increase in total premiums paid, a new report by the Central Bank of Ireland shows. During the first six months of 2024, there were more than 1.18 million policies written, with the gross cost of those premiums valued at €729m.
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1 week ago | 
irishexaminer.com | Ronan Smyth
Growth in the domestic Irish economy is expected to slow significantly by the end of 2026 should the tariff regime implemented by US president Donald Trump continue at its current rate, a new economic analysis by the Department of Finance has found.
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1 week ago | 
irishexaminer.com | Ronan Smyth
New registrations of electric cars increased by 23.7% in April, continuing a strong trend so far this year following a disappointing trend for the sector during 2024, data from the Society of the Irish Motor Industry (Simi) shows. According to the data, overall new car registrations for April were up 1.9%, to 8,731, compared to April last year. Registrations in the year to the end of April are up 3.4% to 73,505.
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1 week ago | 
irishexaminer.com | Ronan Smyth
Smurfit Westrock has posted a “strong first quarter performance” for the newly merged packaging company with adjusted earnings before deductions of $1.25bn (€1.05bn). In July last year, packaging giant Smurfit Kappa completed its merger with US packaging firm WestRock in a deal reportedly worth $11.2bn. The deal will create a packaging company that provides everything from corrugated storage boxes to beer carriers and e-commerce shipping materials.
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1 week ago | 
irishexaminer.com | Ronan Smyth
The operator of both Dublin Airport and Cork Airport, daa, saw profit after tax increase by 35% to €236m during its 2024 financial year driven by a strong performance in its retail arm and its international business. Daa’s financial results show that its full-year revenue increased by 9% year-on-year to €1.1bn with reported earnings before various deductions standing at €395m, up 20% year-on-year. Throughout 2024, it spent €223m in capital investment at the two airports.
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2 weeks ago | 
irishexaminer.com | Ronan Smyth
Landlords continue to exit the rental market ‚Äúat an unsustainable pace‚ÄĚ with estate agent Sherry Fitzgerald reporting that they made up 30% of vendors during the first three months of the year. In its residential market review for spring 2025, Sherry Fitzgerald said the continued trend of landlords exiting the market is ‚Äúexacerbating the challenges which have been present in the rental sector for many years‚ÄĚ.
