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Category Archives: Industry Sectors

Turkey to Become Regional Call Centre Hub

Turkey is to become a regional call centre hub because of its young dynamic population, as well as its unique geographic location experts are predicting. Turkey has a lot to offer global companies looking to outsource their tele-sales, tele-marketing and customer services operations to another country, Deniz Babucoglu, the Turkish...

Posted on 29 October 2010

Bloomberg: Turkey, Enjoy Your Property Boom For as Long as it Lasts

Turkey is experiencing a PROPERTY BOOM. The country's real estate developers are the stars of the stock market. Those are not lines you hear every day, especially not in a Bloomberg video special but that is what we heard today. Unfortunately the report was typical of mainstream reports; in that...

Posted on 27 October 2010

Unemployment set to Fall as Tesco Invests in Turkey

Tesco is happy with growth statistics from its Kipa chain of stores in Turkey, and will continue its investments the country's retail sector, according to a spokesperson for the country. Tesco CEO and Operations Director Tony Hoggett, outlined new store concepts and future plans for Turkey. “Turkey’s credit ratings are...

Posted on 15 October 2010

Turkish Airlines Doubles Long Distance Fleet with 12 Shiny New Boeing 777s

Turkey's flagship airline is doubling its long-range fleet with the addition of 12 new Boeing 777 300ER aircraft. The first was delivered in a handover ceremony in Boeing headquarters in Seattle, USA. "The extended fleet will double THY’s long-range capacity", said THY Executive Board Chairman Hamdi Topcu, adding that 60...

Posted on 14 October 2010

Turkey a Rising Star in Europe as Firms Invest Heavily

Mark Mobius, chairman of Templeton Asset Management's emerging markets group, who oversees 34 billion US Dollars worth of investments, has said that Templeton is planning to invest 250 million USD in Turkish equities very soon, as Turkish stocks are by far the most attractive of Europe's emerging markets, he said....

Posted on 01 October 2010

Turkish Economy Powering Forward as one of Hottest Emerging Markets

Turkey is continuing to drive forward on its path to one of the world's greatest emerging markets. Analysts believe the economy grew 10% in the first half of the year. And reports have emerged that this growth is continuing to fuel employment growth. The air transportation industry has been an...

Posted on 03 September 2010

Turkey Gaining Name as Top European Emerging Market

The stability of the Turkish banking sector, the currency, and the growth potential of the economy are continuing to impress global investors, and making its receiving Investment Grade status from the ratings agencies continuously more likely. "Turkey is Europe's BRIC," asserted David Cameron on a recent trip to Ankara. For...

Posted on 27 August 2010

Weak European Recovery and Austerity to Benefit Turkish Property and Tourism

Experts believe demand for property in Turkey will increase as Brits and Europeans continue to feel the pinch from austerity and a weaker-than-expected economic recovery. Recent news stories in Britain have highlighted low consumer confidence; with many Brits feeling less optimistic and happy about the economy now, than they did...

Posted on 19 August 2010

H1 Data on Turkish Tourism Figures Positive

The latest data from the Turkish tourism ministry confirms that revealed by Turkstat several days ago and covered on this blog, but with some interesting facts picked out. According to the ministry while Germany continued its reign as biggest tourism market, with 1.68 million visitors in the first half of...

Posted on 10 August 2010

Turkish Airports See 24% Growth in Passenger Numbers this year

The phenomenal growth in Turkish air travel has continued according to the latest reports. According to the latest data that 44.3 million passengers went through Turkish airports between January and June this year, a 23.7%growth on the same period of last year. This follows the 7.3% year on year growth...

Posted on 05 August 2010