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Financial Market Hurricane Misses Turkey

Date: 22/09/2008Financial Market Hurricane Misses Turkey Turkish banks and home lenders have not experienced the same credit woes as many U.S. and European lenders. This is due to the low market penetration and low debt to equity ratios that exist in Turkey. Freddie and Fannie routinely provided 90 percent to...

Posted on 14 February 2011

Honda Turkey to Expand Production Capacity

Date: 22/09/2008Honda Turkey to Expand Production Capacity Honda Turkey to expand production capacity Honda Motor Co., Japan's second-biggest automaker, is planning to expand production capacity in Turkey by 26 percent by the middle of next year. Honda Turkey will increase its capacity to 63,000 cars a year from 50,000, according...

Posted on 14 February 2011

B & Q – “Turkey is driving growth”

Date: 19/09/2008B & Q - “Turkey is driving growth” Ian Cheshire, chief executive of Kingfisher, felt able to crack a joke as he presented the B&Q owner's first-half results. Quite a feat for a man trying to revive the retail giant. The group has managed to reduce debt so that...

Posted on 14 February 2011

New Flights – Finnair to propose 2 weekly flights to Istanbul

Date: 19/09/2008New Flights - Finnair to propose 2 weekly flights to Istanbul Finnair said on Friday it will launch a new route between Helsinki and Istanbul, Turkey in March 2009 with two weekly flights, aimed at business and leisure travellers. 'It has been a long time since there has been...

Posted on 14 February 2011

Turkey and Egypt are growing fast

Date: 19/09/2008Turkey and Egypt are growing fast As charters have been eased out of some of their Spanish markets they have moved into other regions which have been less vulnerable to low-cost attack. These markets tend to be non-EU and have slightly longer sector lengths. Since 2003 charter traffic to...

Posted on 14 February 2011

New direct flights from Birmingham with Turkish Airlines

Date: 10/09/2008New direct flights from Birmingham with Turkish Airlines Turkish Airlines announce new direct flight from Birmingham to Istanbul with connections to 33 destinations within Turkey. Starting on 15th December 2008, the flights will operate on Mondays, Tuesdays, Thursdays, Fridays and Sundays. On Mondays and Thursdays the flights will depart...

Posted on 14 February 2011

Temple of Athens found in Bodrum in Turkey

Date: 09/09/2008Temple of Athens found in Bodrum in Turkey The Temple of Athens, along with the 3,000 year old sacred road (measuring four and a half meters in with and two kilometers in length) of the ancient city of Padesa have been found in Bodrum, Mugla, reported Dogan news agency....

Posted on 14 February 2011

Turkey still on the up – Nearly 7 million Tourists visit Antalya

Date: 09/09/2008Turkey still on the up - Nearly 7 million Tourists visit Antalya Popular Mediterranean resort city Antalya, where 300,000 tourists arrived by air last week, has hosted approximately 7 million tourists this season so far, local officials say. The total number of tourists that came to Antalya between Jan....

Posted on 14 February 2011

Turkey the winner in Gulf’s investment hunt

Date: 01/09/2008Turkey the winner in Gulf's investment hunt As the increase in oil prices continue to help boost the income of Persian Gulf nations, Turkey is becoming a magnet for Gulf-based investors. Investors there have become nervous of developments in the United States and the West after Sept. 11, 2001,...

Posted on 14 February 2011

Turkey – back to business on EU membership

Date: 01/09/2008Turkey - back to business on EU membership Prime Minister Recep Tayyip Erdogan has said his government will refocus on reforms for European Union membership "One of the issues that we all need to focus our attention on is our EU process," Erdogan said, in an address to the...

Posted on 14 February 2011