News

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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Visitor Economy continues to grow

11 April 2014

Figures released recently by Treasury show that overall spending by visitors increased by 1.6% to £107million in 2013.

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New TV deals for Isle of Man TT Races set to deliver increased revenue and profile

11 April 2014

The Department of Economic Development has announced that new TV deals have been confirmed by North One TV with major international broadcasters which are set to deliver increased revenue and profile for the TT Races and the Isle of Man.

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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 supports response to international emergencies

10 April 2014

The Isle of Man Government’s International Development Committee has announced funding for emergency aid projects in Zimbabwe and the Central African Republic

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Update on Manx Educational Foundation’s proposed International Centre for Technology

04 April 2014

Since the agreement with Government to sell the Nunnery in October 2013, the Manx Educational Foundation (MEF) has made substantial progress with its proposals to develop the International Centre for Technology, a private educational facility providing leading Information and Communication Technology (ICT) and business skills.

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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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PDMS launch new office in Glasgow

03 April 2014

The Isle of Man’s largest ICT company, PDMS, launched their new Glasgow office on 1st April.

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Memorandum of Understanding signed with Foster City

02 April 2014

The Department of Economic Development has signed a Memorandum of Understanding (MOU) with Foster City, which is near ‘Silicon Valley’, California, USA.

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Counting House Announces Lottery Messenger Forum in Israel

31 March 2014

Global payment solutions consultancy Counting House has confirmed details of its Global Lottery Messenger Forum in Tel Aviv, Israel; the first ever worldwide forum for the industry, and the first major event of its kind for the Isle of Man in a nation of growing international renown for eCommerce.

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Manx Telecom opens its third data centre

28 March 2014

Manx Telecom’s brand new Greenhill Data Centre (GDC) is now open for business as the company announced completion of the £10million project’s first phase.

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Isle of Man Offers ‘Green Ship’ Incentives

26 March 2014

The Isle of Man Ship Registry has announced that from 1st April 2014 it is introducing new incentives for ship owners to adopt energy efficient ship designs which reduce fuel consumption and air pollution.

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North West ties strengthened with signing of Memorandum of Understanding with Liverpool Vision

26 March 2014

The Department of Economic Development has signed a Memorandum of Understanding with Liverpool Vision which will assist in the promotion and development of economic co-operation and overseas investment between the Isle of Man and Liverpool City Region.

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Minister announces new political delegations

21 March 2014

Minister for Economic Development John Shimmin MHK has announced the new delegations for the Department of Economic Development following the arrival of its new political Members.

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Chief Minister welcomes UK Government response to Select Committee Report

17 March 2014

The Chief Minister has welcomed further recognition of the robust state of the relationship between the United Kingdom and Isle of Man Governments.

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Delegation strengthens relationship with China

14 March 2014

The Manx delegation to China has helped to strengthen relations with the world’s second largest economy and raise further awareness of the Isle of Man as a leading international business centre.

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Chief Minister signs economic MOU with Tianjin

12 March 2014

Chief Minister Allan Bell MHK has today (Wednesday 12 March) signed a Memorandum of Understanding (MOU) on economic and trade cooperation with one of China’s fastest growing business centres.

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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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Simon Pickering appointed Business Development Manager for Retail Financial Services in the Isle of Man

07 March 2014

The Isle of Man Government’s Department of Economic Development has appointed Simon Pickering to the new role of Business Development Manager, Retail Financial Services.

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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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Isle of Man has very successful ICE 2014

12 February 2014

The e-Gaming team for the Department of Economic Development and representatives from the Isle of Man’s e-Gaming sector have reported an extremely high number of enquiries following a successful ICE Totally Gaming event in London.

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Director of Civil Aviation to retire

11 February 2014

The Department of Economic Development has announced that it is seeking a new Director of Civil Aviation as Hartley Elder, the current Director, is to retire later this year.

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Isle of Man Government takes next step to exploring offshore wind and tidal energy opportunities

03 February 2014

The Isle of Man Government has taken a further step towards exploring the opportunities for generation of offshore wind and tidal energy and is now inviting expressions of interest from parties seeking to develop offshore energy production in Isle of Man territorial seas.

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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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2013 proves a success for the Isle of Man Ship Registry

07 January 2014

The Isle of Man Ship Registry has delivered another very good year, securing more ships from new owners with a corresponding increase in gross registered tonnage of more than twice the growth rate of the world’s fleet during 2013.

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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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Isle of Man Aircraft Registry plans for continued strong growth

04 December 2013

The Isle of Man Aircraft Registry is continuing its strong growth and has just completed the registration of its 650th aircraft since its inception in May 2007. Plans are now in progress to facilitate further growth.

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Department welcomes news of first NYSE listing for Isle of Man Company

27 November 2013

The Department of Economic Development has welcomed the news that the first Isle of Man company has been listed on the New York Stock Exchange (NYSE).

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Isle of Man gets top rating from OECD

22 November 2013

The Isle of Man has been awarded the top ‘Compliant’ rating by the global body reviewing tax transparency around the world.

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2013 Tourism Awards and new providers evidence of growing confidence in Visitor Economy

15 November 2013

The Department of Economic Development has announced the shortlist for the Tourism Awards with another upbeat message on the performance of the Visitor Economy sector.

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Isle of Man cheese stars in TV campaign in the USA!

21 October 2013

The Isle of Man and Isle of Man Creamery’s mature cheddar is the star of a major TV, press and in-store campaign by the upmarket Publix supermarket chain in the USA.

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Strength of Visitor Economy consolidated during 2013

14 October 2013

The Minister for Economic Development John Shimmin MHK has reiterated his Department’s support for the visitor economy and the successes enjoyed to date during 2013.

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UKTI support for Isle of Man firms

09 October 2013

Following discussions between the Chief Minister and Minister for UK Trade and Investment (UKTI) Lord Green on renewing arrangements, the rules governing the extent to which Isle of Man based businesses may access services provided by UKTI have been clarified, this reflects the benefits which Isle of Man businesses bring to the UK economy as a whole.

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Move for Riva Financial Systems

26 September 2013

Riva Financial Systems Announces Relocation of Isle of Man Headquarters

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Prime Minister recognises Isle of Man’s positive action on tax transparency

10 September 2013

Treasury Minister Eddie Teare MHK has welcomed recognition from United Kingdom Prime Minister David Cameron that the Isle of Man is not a tax haven.

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Winners of the Isle of Man Grand Challenge announced

05 September 2013

The Department of Economic Development has announced that Owen Cutajar and Andrew Gleave are the winners of the Singularity University Isle of Man Grand Challenge.

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New Head of E-Gaming appointed

09 May 2013

The Department of Economic Development has appointed Peter Greenhill as its new Head of e-Gaming Development.

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Isle of Man Aircraft Registry voted 'best in the world'

16 August 2012

A survey of leading aviation lawyers from around the world, conducted by leading aviation publication 'Corporate Jet Investor', has voted the Isle of Man Aircraft Registry the best aircraft registry in the world.

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NASA to participate in Space Data Association

13 August 2012

The Space Data Association today announced that NASA has signed an agreement with the SDA to use its services.

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