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Beijing by night. The immigrant investor scheme is simple. Make the investment, visit Ireland once a year, and you and yours are entitled to an Irish residency permit for five years, renewable – forever.

Caveat: Is it the end of the road for cash-for-visas scheme favoured by Chinese?

Economy
Mark Paul
January 17, 2019, 17:03

Chinese citizens account for 97 per cent of all applications for Irish visas under investor programme

Minister for Finance Paschal Donohoe said the budget was prepared ‘on a careful and contained basis’. Photograph: Dara Mac Donaill

Donohoe hits back at criticism of Government’s budgetary stance

Economy
Eoin Burke-Kennedy
January 16, 2019, 17:57

Minister says he won’t apologise for using corporation tax to fund infrastructural investment

Preparing for the World Economic Forum in Davos, Switzerland, which starts on Tuesday

Trade tensions top global risks as Taoiseach set to join Davos elite

Economy
Joe Brennan
January 16, 2019, 17:49

Report highlights ‘lack of collective will’ to tackle issues

The EU Commissioner for Economic and Financial Affairs, Taxation and Customs, Pierre Moscovici, formally unveiled a blueprint on Tuesday for a transition to qualified majority voting (QMV) on EU taxation policy matters.

EU’s credibility damaged as tax reforms stall, officials say

Economy
Joe Brennan
January 16, 2019, 14:27

Digital tax opposed by Ireland, Sweden and Denmark

An anti-Brexit activist waves British and EU flags outside the Houses of Parliament in London Photograph: Tolga Akmen/AFP/Getty Images

Manufacturing firms in North ‘deeply worried’ by UK Brexit vote

Economy
Francess McDonnell
January 16, 2019, 14:04

‘Every business will feel no deal is hurtling closer. A new plan is needed immediately’

Since the low point of the crash in early 2013 property prices nationally have increased by 83 per cent.

Property price inflation falls to 7.1% as market cools

Economy
Eoin Burke-Kennedy
January 16, 2019, 11:29

Latest official figures show annual growth in Dublin in November was just 5%

Retailers and manufacturers have been advised to carry out detailed reviews of their supply chains to ensure “day one readiness” for Brexit can be achieved.

Irish companies told to ramp up contingency plans after UK Brexit vote

Economy
Charlie Taylor
January 16, 2019, 11:04

‘Radical recalibration’ of business models may be required

Face-to-face shopping fell 3.9 per cent in December. Photograph: Matt Kavanagh/The Irish Times

Retail sales disappoint as consumer spending falls in December

Economy
Peter Hamilton
January 16, 2019, 10:06

Visa’s consumer spending index found clothing and footwear sales dropped 6.2%

A screen shows the trajectory of the pound over this afternoon ahead of the Brexit Deal vote

May loses Brexit vote, Ireland rejects EU tax plans, and Datalex shares fall 59%

Economy
Michael McAleer
January 16, 2019, 06:30

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Moody’s estimates that Ireland’s GDP growth rate will ease to about 4 per cent from 7.5 per cent last year. Photographer: Scott Eells/Bloomberg

Brexit and volatile growth main risks to Ireland, Moody’s says

Economy
Joe Brennan
January 16, 2019, 05:00

Ratings agency says economic fundamentals of Ireland are ‘very robust’

Steven Mnuchin, US Treasury secretary, speaks to members of the media after meeting with Senate Republicans on Capitol Hill. Photograph: Joshua Roberts/Bloomberg

Setback for Aughinish Alumina as US Senate moves to block easing of sanctions

Economy
Suzanne Lynch
January 15, 2019, 22:56

Some Republicans voted with Democrats to undo Treasury decision on Russian company Rusal

Northern Irish firms are already losing out on new business due to Brexit, according to Ulster Bank. Photograph Nick Bradshaw

No-deal Brexit: Northern Irish businesses ‘could not cope’

Economy
Francess McDonnell
January 15, 2019, 18:36

Lobby groups say protecting all-island benefits of Belfast Agreement is vital for future

China struggles to understand why the UK would want to leave the EU, said Michael D’Arcy, Ireland’s minister of state at the department of finance, during a visit to China where he attended the Hong Kong Asian Financial Forum. Photograph: Anthony Kwan/Bloomberg

Chinese firms fear Brexit and US-China trade war – minister

Economy
Clifford Coonan
January 15, 2019, 17:19

Companies seek reassurance on major trade concerns

British five pound banknotes. Photograph: Benoit Tessier/REUTERS

Sterling rebounds after crunch Brexit vote

Economy
Eoin Burke-Kennedy
January 15, 2019, 17:18

Choppy trading in UK currency after May defeat in Brexit vote

Irleand issued a swift rejection on Tuesday of the European Commission’s plan to remove national vetoes on matters relating to tax. Photograph: Yui Mok/PA Wire

Ireland rejects Brussels plan to kill national vetoes on tax

Economy
Joe Brennan
January 15, 2019, 16:58

EU Commission wants qualified majority voting on all tax issues by 2025

Ibec has called for an overhaul of the State’s planning rules to address capacity constraints in the economy. Photograph Nick Bradshaw

Ibec seeks overhaul of planning laws to address capacity constraints

Economy
Eoin Burke-Kennedy
January 15, 2019, 13:47

Business lobby says current system is unnecessarily costly and cumbersome

Shipping containers at Dublin Port. Exports and imports both slipped back in November. Photograph: Alan Betson

Irish goods exports to Britain fall 4% amid Brexit uncertainty

Economy
Eoin Burke-Kennedy
January 15, 2019, 11:57

Overall trade surplus rises as imports fall faster than exports

Shoppers at the Arnotts sale: inflation rose 0.7 per cent in December, driven by housing costs.Photograph: Aidan Crawley

Rising rents drive Irish inflation to 0.7% in December

Economy
Eoin Burke-Kennedy
January 15, 2019, 11:37

CSO figures say that motor insurance premiums fell 7% last year

Ivanka Trump, pictured with departing World Bank chief Jim Yong Kim, will help manage the Trump administration’s selection of a US candidate for the position of World Bank president, a White House official said. Photograph: Yuri Gripas/ Reuters

Ivanka Trump to help in US selection for World Bank leader

Economy
Roberta Rampton
January 15, 2019, 10:55

White House denies reports that president’s daughter would be a candidate for the position

A file photograph of a bedroom at the Clonakilty Hotel in Co Cork, which has been bought by the Pu Yuan group.

Cork hotel bought by China investor visa specialist

Economy
Mark Paul
January 15, 2019, 05:32

Group ‘hasn’t decided’ on syndication deal under investment-for-visa scheme

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