Results 22,501-22,520 of 32,583 for speaker:Richard Bruton

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: No. That is the-----

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: No. I understood that the amount of FDI invested in Ireland is the inward investment. The outward would be the number of Irish companies that have investments overseas.

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: They would be issues like intellectual property protection and investment protection. Those are the sorts of things that would be collected. It would be the general regulatory environment. We have been fairly high ranking in those for many years. They would also include the ease of tax payment, although not the rates. Tax administration would be an issue. We have been one of the top...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: The tax incentive is the 12.5% rate, and we know it is raising 2.8%-----

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: No, I would not expect it, given the pattern. Obviously it is too early to say but not given the pattern of focus on the sectors where we are already strong. Increasingly, the wins are for people with higher skills and those in research and development areas. The Minister of State, Deputy Sherlock, will advert to the fact that almost 40% or 50% of the projects we are winning now have a...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: Does Deputy Tóibín mean the multiplier in terms of the knock-on?

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: By and large they are different. Each sector is different. If a company is in the exporting sector then traditionally it ought to have similar knock-on effects. By and large the multiplier is higher for an Enterprise Ireland company than for an IDA company because they tend to have higher purchases of materials and services in the domestic economy than an IDA company. However, one of the...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: The data on county enterprise board employment has not been collected on the rigorous statistical basis that has applied traditionally to the IDA and Enterprise Ireland. One thing we need to do is get a more accurate reflection of the jobs impact and that is something we hope to develop. Deputy Calleary raised the issue of the case being made that Ireland is a tax haven. We absolutely...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: Different things are going on in those budgets. For example, let us consider Enterprise Ireland. Part of the reason for the under-spend in those figures was that the take-up in the innovation fund was less rapid. The people were not as quick to come in with matching funds and therefore it did not get the take-up that had been budgeted for; that came later. Essentially, the capital...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: I will try to deal with those points and questions as best I can. In some instances we may be obliged to provide additional information at a later date. In the context of the microfinance loan fund, 72 applications - with a value of €1.15 million and supporting 181 jobs - have been approved. That is the up-to-date position. The fund is obviously in a roll-out phase. I understand...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: The savings have been achieved by the non-filling of vacancies, the reduction of posts under the employment control framework and our ongoing streamlining of agencies, such as the workplace relations bodies, and the reform of the county enterprise boards. We have also sought to make use of ICT and other means of improving our capacity to reform in the context of declining numbers. The...

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: The Minister of State, Deputy Sherlock, would also like to make an opening statement on the innovation side. How brief should be the opening statements?

Select Committee on Jobs, Enterprise and Innovation: Estimates for the Public Services 2013
Vote 32 - Jobs, Enterprise and Innovation (Revised) (11 Jun 2013)

Richard Bruton: I will be very brief. The work of my Department is essentially work connected with the transition of the Irish economy from the model which got us into trouble, namely, construction, debt and property, to a new model based on enterprise, innovation and exports. This is the journey we are seeking to travel. We have introduced the concept of an action plan for jobs which essentially is a...

Written Answers — Department of Jobs, Enterprise and Innovation: State Bodies Mergers (11 Jun 2013)

Richard Bruton: Work on drafting the legislation to merge the National Consumer Agency and the Competition Authority is on-going and the Bill is included in the A list in the Government's current Legislative Programme. Following publication of the Bill and its subsequent consideration by the Oireachtas, I intend to establish the new agency as soon as possible after the commencement of the legislation.

Written Answers — Department of Jobs, Enterprise and Innovation: Consumer Protection (11 Jun 2013)

Richard Bruton: Consumer protection law obliges traders offering a product for sale to indicate the selling price and the unit price of that product and to ensure that the indication of the selling price and of the unit price is clearly visible. Complaints in relation to products being offered for sale where the price or unit price is not clearly visible should be brought to the attention of the National...

Written Answers — Department of Jobs, Enterprise and Innovation: Appointments to State Boards (11 Jun 2013)

Richard Bruton: As Members of Boards of the Agencies under my Department's remit are not, in their capacity as Board members, employees and do not have a contract of employment, they are not required to report their sick leave in that capacity. Forfás Forfas has no vacancies on the Forfas Board. IDA IDA Ireland currently has one vacancy on its Board. Enterprise Ireland EI currently has 1 vacancy....

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Supports (11 Jun 2013)

Richard Bruton: The company received one grant approval from IDA Ireland and was paid a total of €830,000. This was paid over four years as follows, 2006 - €510,000; 2007 - €40,000; 2008 - €230,000; and 2009 - €50,000. The company currently employs 55 people at its hedge fund services centre in Waterford City. It established operations in Ireland in 1965 and now has its...

Written Answers — Department of Jobs, Enterprise and Innovation: Companies Law Issues (11 Jun 2013)

Richard Bruton: I propose to take Questions Nos. 358 to 361, inclusive, together. As set out in my reply to the Deputy on 30 May 2013, measures were taken in response to concerns in the 1990s regarding Irish Registered Non-resident companies. These measures are contained at sections 42 to 51, inclusive, of the Companies (Amendment) (No. 2) Act, 1999 as amended. As a precondition of incorporation, every...

Written Answers — Department of Jobs, Enterprise and Innovation: Enterprise Ireland Expenditure (11 Jun 2013)

Richard Bruton: The promotion of the English Language Sector is the responsibility of Failte Ireland and does not come within the remit of Enterprise Ireland (EI). EI is however responsible for the promotion of Ireland's Higher Education Sector in overseas markets. Higher Education is defined as qualifications from Level 7 to Level 10 under the National Framework of Qualifications (NFQ). Under the NFQ,...

Written Answers — Department of Jobs, Enterprise and Innovation: Work Permit Applications (11 Jun 2013)

Richard Bruton: An application in respect of an employment permit for the person named was received in my Department on 7th March 2013. This application was refused on 27th March 2013. A request to review the decision was received within the prescribed timeframe of 21 days and this review will take place shortly.