Menu

Category Archives: Turkey News

Turkey: Unemployment rate goes down

Figures released from TurkStat (The Turkish Statistical Institute (TurkStat) show that Turkey's unemployment rate went down to 11.9 percent in January 2011 compared with 14.5 percent in January 2010. The TurkStat report shows the number of people unemployed in Turkey is now 3 million, the unemployment in non-farming businesses went...

Posted on 18 April 2011

Turkey in the News: Budget surplus for January and February 2011

Date: 16/03/2011 Turkey in the News: Budget surplus for January and February 2011 The Turkish Ministry of Finance has announced a budget surplus of USD 630 million for January and February 2011 which Mr Mehmet Simsek, the Turkish Minister of Finance said is the first time in the last 28...

Posted on 17 March 2011

Turkey in the News: December unemployment rate down

Date: 16/03/2011 Turkey in the News: December unemployment rate down Turkey’s December 2010 unemployment rate decreased 2.1% to 11.4% in December 2010 – this down from 13.5% for the same month in the previous year. According to Turkstat (Turkish Statistics Institute) the jobless numbers was down by 432,000 in December...

Posted on 17 March 2011

Turkey in the News: Russia’s Gazprom says “Turkey has massive investment potential”

Date: 24/02/2011 Turkey in the News: Russia’s Gazprom says “Turkey has massive investment potential” Vice Chairman of Russia’s major energy company Gazprom, Mr Alexander Medvedev, has said because of Turkey’s fast economic growth Gazprom intends to increase their operations in Turkey. Mr Medvedev said “We have a long and successful...

Posted on 15 March 2011

Turkey in the News: Even the Spanish are investing in Turkey

Date: 24/02/2011 Turkey in the News: Even the Spanish are investing in Turkey In a recent report, Expansion, a leading Spanish business newspaper has published an article on Turkey’s energy and infrastructure projects saying “Turkey is about to undertake a massive modernization program, worth more than USD 150 billion”. The...

Posted on 15 March 2011

Turkey in the News: Private equity funds investing in Turkish companies

Date: 18/02/2011 Turkey in the News: Private equity funds investing in Turkish companies According to data collected by Radikal (the Istanbul published daily Turkish language newspaper) private equity funds invested 283 million USD in Turkey last year. Continue reading “Turkey in the News: Private equity funds investing in Turkish companies”...

Posted on 15 March 2011

Turkey in the News: Turkish mobile users drive growth

Date: 18/02/2011 Turkey in the News: Turkish mobile users drive growth According to Vodafone chief Vittorio Colao internet access from Vodafone mobile phones is rising strongly in emerging countries. Continue reading “Turkey in the News: Turkish mobile users drive growth” »

Posted on 15 March 2011

Turkey in the News; Istanbul – Trading Hub of the Region

Date: 10/02/2011 Turkey in the News; Istanbul - Trading Hub of the Region At the 2011 Central Asia & Turkey Hotel Investment Conference (CATHIC), which open on 7th February in Istanbul the co-organiser, Mr Jonathan Worsely said “We chose Turkey as a destination for the first CATHIC since it is...

Posted on 14 February 2011

Turkey in the News: Leading accountantÂ’s survey says Istanbul is the best place for property

Date: 07/02/2011 Turkey in the News: Leading accountant’s survey says Istanbul is the best place for property In a recent survey by one of the world’s leading accountants PwC (PricewaterhouseCoopers LLP), 600 real estate professionals voted Istanbul the best place out of 27 European cities to buy or to develop...

Posted on 14 February 2011

Turkey In the News: Growth forecast to outpace Eastern Europe

Date: 02/02/2011 Turkey In the News: Growth forecast to outpace Eastern Europe EBRD - European Bank for Reconstruction and Development - believes Turkey’s economic growth will continue though 2011. Reporting on Turkey EBRD said “The strong growth observed in 2010 is likely to continue in 2011,” and continues “Although Eastern...

Posted on 14 February 2011