Up to £50 million of government contracts could be diverted to local businesses each year.
The government's made changes to its contracting policies under World Trade Organisation rules which lets it favour Manx-based companies.
The new policy means up to 94% of government spending could be directed into the local economy.
Treasury minister Dr Alex Allinson says the rules can be changed after Brexit meant we don't have to follow EU law.
£20k for 24 days work a year as Steam Packet director
Could you help run the Steam Packet Company?
Popular Douglas cafe up for sale
A café and takeaway in central Douglas has gone on the market.
Company reveals hopes for Swiss Chalet
Work to reopen a landmark former restaurant which has been closed since 2019 is forging ahead.
Premium estate agent launches new license on Island
Premium property agent Fine & Country has launched a new license on the Isle of Man.
Signs approved for estate agent's new office
A local estate agent that's opening a new location in the south has had a planning application approved.
Number of aircraft registered here declining since 2022
The number of new aircraft being registered by the Isle of Man aircraft registry has been declining steadily since 2022.
Post Office profits up by over a million pounds
The Post Office says it's profits rose by more than a million pounds last year.
Information Commissioner partners with Jersey
The Island's information commissioner is joining forces with Jersey to understand the data protection challenges faced by organisations.
