Ireland best place in world for business

Sceala Philosopher Location: Dublin

Such fantastic news is it not!
Ireland is the place to be for business!

See end for the other side of the simple story headline!

Ireland named best country in the world for business by Forbes magazine
Ireland has been named the best country in the world for business by influential US financial magazine Forbes for the first time since the list began in 2006.

Ireland moved up from number six last year, as a result of improved scores on monetary freedom and the high return from the Irish Stock Exchange Overall Index.

This list from Forbes magazine will provide a boost for Ireland as it prepares to exit the bailout programme at the end of the year.

145 countries were studied for the list which is compiled by grading 11 different factors including innovation, taxes, corruption, red tape and stock market performance.

Ireland scored well across the board for business friendliness and very near the top for low tax burden, investor protection and personal freedom.

Forbes said that despite Ireland's recent economic problems it remained a pro-business country that continued to attract investments from some of the world's biggest companies over the last ten years.

It noted that the economic downturn had made it more attractive for companies moving to Ireland as nominal wages fell by 17% between 2008 and 2011, which help keep labour costs "in check".

The fact that unemployment remains stubbornly high also means that companies have a large labour pool from which to pick from. Forbes notes that there are now over 1,000 overseas companies with a presence in Ireland. The country also serves as the European headquarters for a number of US firms including Google, Twitter and Facebook.

Commenting on the survey, IDA Ireland's chief executive Barry O'Leary said that the ranking will reach senior business people across the world - making them aware of all the advantages available to those that locate businesses in Ireland.

"Country rankings like this are used by companies across the world when they make initial decisions to investigate the possibility of locating their businesses internationally. "IDA Ireland intends to use the survey results as marketing material in key markets like the US and Europe," Mr O'Leary added.

The rest of the top five in the rankings are New Zealand, Hong Kong, Denmark and Sweden. The US continued its four year slide and is now ranked at number 14 after sitting in second place in 2009.
rte.ie/news/business/2013/1205/490975-forbes-survey/

I guessed they meant Ireland is a great place for global / foreign business, because and after all, when so much of Irish business has been carpet bagged / incorporated, or made bankrupt by the Machiavellian nature of multi national foreign business interests.

What a great place we have become, a mini USA
Just like the other Island next door, Britain another mini version of the melting pot free for all USA.
We Irish are now aiming for a native culture free zone, where profits and bottom lines are the talk of the table.

What a pathetic race we have become, when we are actually convinced to pat ourselves on the back for such headlines.

Never mind that our own people are forced to emigrate or compete with millions of (often unskilled) foreigners who can just turn up to queue for every job going at low and lower wages.

Never mind we have unprecedented and out of control immigration.

Never mind we have 14% unemployment, with around 20% of whom are foreign immigrants.

Never mind Irish people will go cold or hungry this winter and we are now living in a society of strangers, where people often do not even know to care.

Never mind the countless foreign scammers who take indirect flights to claim asylum, that shatter is making Irish.

Lets pat ourselves on the back, We are the best nation in the world for business.

Never!

Ireland giving it all away, but yet to know better.

Ireland is the best place for that wildlife
Ireland best place for Vultures

Forget the British state security scamtics inspired supposed Nothern bank robbery. We all missed the real bank robbery, where they really did take money, our money.
Ireland welcomes foreign bank robbers

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Ireland best place in world for business