Previous Day
Revenue to seal tax pact with Cayman
The Revenue is close to an agreement with authorities in the Cayman Islands, one of the world's most secretive off-shore tax havens. The move could force financial institutions there to disclose confidential information about illicit Irish-owned holdings - including the infamous Ansbacher accounts. p
Foreign investment drops off by 28%
Foreign investment for the first six months of this year fell by 28 per cent compared to the same period last year. p
NTMA to issue more bonds due to economic downturn
The National Treasury Management Agency (NTMA) has been forced to raise its bond issuance forecasts for next year by €2 billion because of the downturn in the public finances. p
Other Stories
Offshore depositors even more nervous
Analysis: The Revenue expects it will soon get access to offshore bank accounts. Colm Keena reports pGermany approves tough revised budget
The German cabinet has approved a tough, revised budget aimed at meeting the demands of the Stability and Growth Pact. pBrussels to propose stability pact improvements
The European Commission will next week put forward proposals to improve the application of the Stability and Growth Pact and for a more co-ordinated management of euro-zone budgetary policies. pBanks defend home loan policies
Banks and building societies yesterday vigorously defended their mortgage issuing policies, insisting they adhered strictly to home loan guidelines set down by the Central Bank. pReduced profits at Depfa
Relocation costs combined with trading losses reduced profits at Depfa Bank, the German financial institution which has its headquarters in Dublin. pFlat-rate access 'a priority'
The new Commission for Communications Regulation (Comreg) will have an immediate focus on the introduction of flat-rate internet access when it is established on December 1st, the Minister for Communications, Marine and Natural Resources, Mr Ahern, said yesterday. pGallery owner seeks €350,000 to establish fine art press
BES investors are being sought to fund the establishment of the Republic's first publishing house for original fine art prints. pSeparate finance arm for Goodbody
The finance division in one of the State's biggest legal firms, A&L Goodbody, will be separated from its commercial department in a reorganisation announced this week to staff. pToy Show will be €300,000 moneyspinner for RTE
ADVERTISING & MARKETING: With an advertising take of €300,000, this year's Toy Show will be the biggest Late Late Show moneyspinner for RTÉ to date. Advertisers will have to pay €14,000 per 30-second slot for the programme which attracts a viewership of close to one million. p
