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Turkey’s airlines continue to expand

13 June 2011 - According to Boeing’s Commercial Airplanes Vice President Mr Aldo Basile, Turkish airlines are growing faster than most. Commenting recently, Mr Basile said “Owing to the success of the country’s airline companies, Turkey’s civil aviation market is expanding at a rate that exceeds the world average”, adding “Boeing is...

Posted on 13 June 2011

Holiday in Antalya Cheaper than Torquay for Brits

For a long time many people have doubted whether staying in the UK for a beach holiday was still cheaper than going abroad, with the advent of budget airlines etc. Well, we now have definitive and irrefutable evidence that holidaying in Antalya in Turkey is cheaper for Britain's than a...

Posted on 11 June 2011

World Bank increases GDP forecast for Turkey

9 June 2011 – The World Bank (WB) Global Economic Prospects has again increased Turkey’s growth forecast from 4.1 Percent to 6.1 percent for 2011. WB’s growth forecast remaining at 3.2 Percent for 2012 to 2013 globally, however the Global Economic Prospects expects Turkey’s GDP also to grow at 5.1 Percent...

Posted on 09 June 2011

Istanbul Ataturk Welcomes New Flight Routes

The Istanbul tourism and property market are set to be boosted by new flight links with Genoa. Turkish Airlines has just launched a new route to the Italian city, flying 3 times weekly (Wednesday, Thursday, and Saturday) from Istanbul Ataturk (IST), with an additional flight to be added from June...

Posted on 09 June 2011

Izmir’s Aegean Free Zone attracts foreign investors

6 June 2011 - The west coast port of Izmir new ESB (Aegean Free Zone) is attracting new international investors. The ESBAS (Aegean Free Zone Development and Operating Company) officials have indicated that 16 international companies, including those from the US, Italy and Netherlands have been granted licenses since the...

Posted on 07 June 2011

The Turkish Economy Continues to Soar

More good news for the Turkish economy came this week when the Turkish Exporters Assembly (TIM) revealed a 20% year on year growth in exports in May. This follows the record exports of 11.8 billion in April, when growth was also strong (25% month on month, no year on year...

Posted on 04 June 2011

Istanbul – leading tourist city

3 June 2011 - A recent Mastercard report, Worldwide Index of Global Destination Cities, shows Istanbul has one of the highest growth rates for visitor expenditure and is estimated to grow over 30 Percent in 2011. The Index shows an estimated visitor number growth rate of over 20 Percent, and ranked Istanbul third highest for visitor growth...

Posted on 03 June 2011

Turkey Property: 2 Reasons to Buy ASAP

Turkish inflation has surged in May, making a rate rise in the country ever more likely in the near future. According to data from Turkstat, the annual inflation rate soared to 7.2% in May, from the almost 50 year low of 4.3% the month before. The Central Bank had forecast...

Posted on 03 June 2011

Antalya Property has it All

Regular readers of this blog will have heard us talking about Antalya the holiday destination, where people buy holiday homes and rent them out to tourists when not in use. But this is only a fraction of the city's potential. It is true; Antalya is one of Turkey's top tourist...

Posted on 02 June 2011

Swiss bank picks Turkish equity markets as being one of the best

31 May 2011 - Lombard Odier, one of Geneva’s oldest (founded 1796) and largest private banks, considers Turkey as one of the top emerging equity markets together with the Russia equity market. Speaking recently about Turkey, Mr Paul Marson, Chief Investment Officer of Lombard Odier, said “One may end up losing...

Posted on 31 May 2011