Category: Economy
Undergraduate projects sought for 2013 STEP Scheme
THE Department of Economic Development (DED) is bringing local businesses and undergraduates together by encouraging Island firms to take part in the 2013 STEP Scheme, which is a unique scheme that places Manx undergraduates within local organisations to work on career-specific projects for eight weeks during their summer holidays. The Department’s Political Member with responsibility [...]
Regeneration work supporting economic growth
THE physical regeneration of town and village centres across the Isle of Man is continuing to play a vital role in supporting economic growth. Chief Minister Allan Bell MHK has said that in order to strengthen the Island’s position as a high-quality international business centre, it must have the infrastructure to match. Government is actively [...]
DED outlines plans to develop and diversify the economy
THE Department of Economic Development has outlined Government’s strategy to further develop and diversify the Isle of Man’s economy over the coming year. Details of the Department’s key objectives and priorities have been published in a new 17 page document entitled ‘Discover the Agenda for Change in Our Economy’. Starting with a foreword from the [...]
Isle of Man continuing to pursue global opportunities
MINISTER for Economic Development John Shimmin MHK will be leading an Isle of Man trade delegation to China in April as part of the Department’s commitment to capitalise on the significant business opportunities that exist in the country. The Minister commented: ‘The purpose of this visit is to attract Foreign Direct Investment into the Isle [...]
Department of Economic Development to create new posts to support growth in the Island’s economy
The Department of Economic Development has submitted an Order for the February sitting of Tynwald seeking approval to create a small number of new posts to support growth in the Island’s economy. Subject to Tynwald approval, 3 such posts will be created immediately, namely a Head of e-Gaming and two new Business Development Managers specialising [...]
Further economic growth forecast for the Island in 2013
MINISTER for Economic Development John Shimmin MHK has spoken of his optimism for 2013. Minister Shimmin commented: ‘The start of the working year is a good time to reflect on our economic performance in 2012 and look forward to our likely performance in 2013. I would like to convey 3 key messages at this time. [...]
Chief Minister addresses City audience
CHIEF Minister Allan Bell MHK highlighted the strength and diversity of the Isle of Man’s economy during a speech in the City of London on Thursday, November 8, 2012. Addressing an event organised by the Isle of Man Fund Management Association, Mr Bell pointed to 28 years of unbroken economic growth and the impressive performance [...]
FT supplement will showcase Isle of Man economy
THE Isle of Man economy will be featured next week in a special supplement by the Financial Times. A four-page ‘Doing Business in the Isle of Man’ pull-out will be included in Thursday’s (November 15, 2012) edition of the FT. The supplement will showcase the strength and diversity of the Island’s business community and highlight [...]






