China Securities Regulatory Commission signs a MOU with the Isle of Man Financial Supervision Commission (FSC)

17 June 2014

A delegation from the China Securities Regulatory Commission (“CSRC”) has visited the Island at the invitation of the Chief Minister to sign a Memorandum of Understanding (“MOU”) with the Financial Supervision Commission (“FSC”). The MOU on regulatory cooperation in respect of securities’ markets was signed yesterday.

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Over 50 Isle of Man organisations are finalising preparations for the International Festival for Business 2014

04 June 2014

Preparations are being finalised for a major Isle of Man presence at the International Festival for Business which starts next week. The Department of Economic Development along with more than 50 Isle of Man firms from a number of sectors have committed to take part in the Festival, which is being held in Liverpool and the North West beginning on Monday 9th June.

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Strong jobs growth reported for Isle of Man Aerospace Cluster

11 April 2014

The Isle of Man Aerospace Cluster (IOMAC) recently held its 25th Quarterly Forum at the Nunnery in Douglas hosted by the North West Aerospace Alliance (NWAA) of which it is a partner member, and there was particularly good news in terms of jobs.

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Department secures additional resources to drive economic growth

11 April 2014

The Department of Economic Development has secured additional funding of £2million over three years to help drive additional economic growth in a number of key areas.

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Isle of Man welcomes visit by Chinese shipping representatives

04 April 2014

The Isle of Man has this week hosted a visit by leading figures from China’s shipping industry, as part of an ongoing programme of engagement to strengthen relations with one of the world’s economic superpowers.

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Departmental Memberships announced

07 March 2014

Chief Minister Allan Bell MHK has today (Friday 7 March) announced the appointment of Members to the Departments of Government as agreed by the Council of Ministers.

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Department of Economic Development’s response to the Isle of Man Budget 2014

20 February 2014

The Minister for Economic Development John Shimmin MHK is confident that his Department will help drive further economic growth and job creation following the Treasury Minister’s Budget speech earlier this week.

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Plan for Isle of Man’s economic future launched

27 January 2014

Plan for Isle of Man’s economic future launched. Economy can grow by 3% to 4% each year to 2020, with e-Business sector being key source of growth.

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Isle of Man’s Companies Registry gains ISO certification

19 December 2013

The Isle Of Man Companies Registry quality management system has been certified as complying with the requirements of ISO 9001:2008 following a review by Lloyd’s Register Quality Assurance.

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New CEO for the Department of Economic Development

09 December 2013

The Civil Service Commission has appointed Chris Corlett as Chief Executive for the Department of Economic Development. He has been the Department’s Acting Chief Executive since October 2012.

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Diversification providing economic resilience

06 December 2013

The diversification of the Isle of Man economy is continuing to provide great resilience in the face of difficult trading conditions and reduced Government spending.

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