O’Keeffe: Costs must be reduced

MORE can and must be done to reduce costs to business and improve Ireland’s competitiveness, according to Enterprise minister Batt O’Keeffe.

He said Ireland is being positioned to be successful in selling its goods and services abroad, winning global investment and attracting visitors from around the world.

Enterprise Ireland predicts that, this year, Irish firms will win back 70% of exports lost last year and the country will increase the number of new export-focused jobs by over 150,000, with a similar number of indirect jobs created.