Reliance on foreign direct investment ‘under scrutiny’ amid tech slowdown - Enterprise Ireland CEO

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Leo Clancy told the Business Post that while job losses at large employers including Amazon, Meta and Twitter raised questions about the country’s reliance on FDI, the government’s strategy for economic growth should be to prioritise Irish-owned businesses

Recent job cuts in the tech sector has put Ireland’s reliance on foreign direct investment under scrutiny, the chief executive of Enterprise Ireland has said.

Leo Clancy told the Business Post that while job losses at large employers including Amazon, Meta, and Twitter have raised questions around the country’s reliance on FDI, the government’s strategy for economic growth should be to prioritise Irish-owned businesses regardless of economic circumstances.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines