Wednesday 21 March 2018

What it says in the papers – business pages

Here's a look at what it says in the business pages of today's newspapers:

Irish Independent

  • Comreg is set for a "collision" with Eir unless the company changes how it's run, the chairman of Comreg has said.
  • Brussels drives ahead with tax plans on digital firms despite Irish opposition, a draft report said.
  • 'We’re the matchmaker and dating agency for startups and investors' - HBAN’s John Phelan.
  • A plan to complete the development of an 8-floor block in the Sandyford Business District in south Dublin has been met with an objection from Transport Minister Shane Ross.
  • Management in An Post is stepping up pressure on postmasters who are boycotting its new current account.

Irish Times

  • Marlet Property Group has appointed Walls Construction as the lead contractor on a €100m development.
  • The Convention Centre Dublin’s contribution to the Irish economy rose 16pc to €51m last year.
  • Irish high tech small and medium enterprises raised €486m in the first half of this year, an increase of 3pc on last year.
  • Fine Gael MEP Brian Hayes said he expects his party’s disagreement with Fianna Fail on tax to be resolved before Budget 2018 is outlined next month.
  • Oil exploration company Petrel Resources made a loss of €417,000 in the six months to the end of June.

Irish Examiner

  • Inditex, the world’s biggest clothes retailer and owner of Zara, reported a 9pc rise in first-half profit, but its gross margin, as a percentage of sales, slipped, because of a stronger euro.
  • More than nine in 10 Irish exporters trade with the UK and need some sort of help in the budget next month to cushion the effects of Brexit, according to the Irish Exporters’ Association.

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