Saturday 20 January 2018

New construction orders fall further

ANOTHER sharp fall in Irish construction activity was recorded during October as new orders declined further. Companies reacted accordingly, lowering purchasing activity, employment and the use of sub-contractors.

Meanwhile, business sentiment deteriorated, and was the lowest in nearly two years. The Ulster Bank Construction Purchasing Managers' Index (PMI) posted 42.6 in October, up from 41.9 in the previous month.

Professional job vacancies up 4pc

THE latest Morgan McKinley Irish Employment Monitor registered an increase of 4pc in the number of new professional job opportunities from October 2011 (8,353) to October 2012 (8,686).

Karen O'Flaherty of Morgan McKinley said it was "encouraging to see an uplift in professional job vacancies available" compared to October 2011, particularly against the backdrop of the harsh economic climate and impending austerity budget.

Pembroke names new deputy MD

Alan Tyrrel has been appointed deputy

managing director and head of corporate with Pembroke Communications.

He will work across a number of clients as well as management of Pembroke Communications.

Inis Mor harbour wins public vote

THE Cill Ronain Harbour, on Inis Mor island, Co Galway, has been voted Engineering Project of the Year by the Irish public in an online vote as part of the Engineers Ireland Excellence Awards in association with ESB.

Joe Murphy from Punch Consulting Engineers, the firm behind the project, said the €39m project had already created huge economic and social value for residents of the island.

Africa can eclipse China for exports

AFRICAN markets have more potential for Irish exporters over the next decade than China, the Irish Exporters Association (IEA) said at launch of the Barclays Bank publication of 'Trading with Africa -- the opportunities for Irish Businesses'.

IEA chief executive John Whelan said exports of goods and services to Africa last year reached €2.7bn, an increase of 200pc over the three years since 2009.

Irish Independent

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