Menu

News

Turkey: Investment to increase in 2011

Date: 25/01/2011Turkey: Investment to increase in 2011 According to Nihat Ergun, Turkey’s Minister of Industry and Trade, from a macroeconomic point of view, Turkey is one of the few countries in the world that radiates confidence to global investors. Attending a Gaziantep Chamber of Industry meeting, Ergun is quoted as...

Posted on 14 February 2011

Turkey: 31 million tourists expected in 2011

Date: 21/01/2011Turkey: 31 million tourists expected in 2011 28 million foreign visitors went to Turkey in 2010 representing an increase of over 5 percent over 2009. In the Turkish Hoteliers Federation (TUROFED) annual tourism report, Mr Ahmet Barut, the President of TUROFED said “The total tourism revenue is expected to...

Posted on 14 February 2011

Turkey: Privatisation plans

Date: 21/01/2011Turkey: Privatisation plans Turkey has sold state-owned assets worth nearly USD 41 billion in recent years, and the head of the country’s privatisation agency has reported the Turkish Governments plans to launch an even more during 2011. "This year will be the year of the privatisation of power plants,"...

Posted on 14 February 2011

Turkey: Turkey to reach “investment grade” status in 2011

Date: 12/01/2011Turkey: Turkey to reach “investment grade” status in 2011 According to a HSBC Global Research report Turkey is expected to reach “investment grade” status in 2011. The report concludes the emerging markets will see the emerging markets involvement in the global economy pushing them into the world’s top 30...

Posted on 14 February 2011

Turkey: Car sales reach record high

Date: 12/01/2011Turkey: Car sales reach record high From official data Mr Hayri Erce, the General Coordinator of the Automotive Distributors’ Association has reported car sales reached 99,461 vehicles in December 2010 bring the total number of cars sales to 760,913 vehicles for 2010 - the highest number ever. This number...

Posted on 14 February 2011

Turkey: Istanbul traffic to ease with new bridge

Date: 05/01/2011Turkey: Istanbul traffic to ease with new bridge Mehmet Turhan the General Manager for KGM (The General Directorate of Highways) has indicated DPT – (The State Planning Organization) has given approval for tenders for the construction of the third Bosphorus bridge which will be held in February 2011. Mr...

Posted on 14 February 2011

Turkey: Global logistics company TNT Turkey grew by 25 percent in 2010

Date: 05/01/2011Turkey: Global logistics company TNT Turkey grew by 25 percent in 2010 TNT the global logistics company has announced that its Turkish division grew by over 25% in 2010. Mr Yasar Yigit, TNT’s Regional Director, said about this coming year 2011, “Having successfully completed our facilities and technical infrastructure,...

Posted on 14 February 2011

Turkey: Microsoft says “Turkey leads the way in MEA region”

Date: 17/12/2010Turkey: Microsoft says “Turkey leads the way in MEA region” In a recent interview, Selim Zafer Ellialti, Microsoft's OEM regional General Manager said "Turkey is one of the biggest and more mature Microsoft subsidiaries in the (MEA) region, and we have the opportunity to transfer our know how and...

Posted on 14 February 2011

Turkey: easyJet announce new flights to Turkey

Date: 17/12/2010Turkey: easyJet announce new flights to Turkey Starting 14th May 2011, the low cost airline announces new flights from Gatwick to Izmir. This is in addition to other flights announced by easyJet Stansted to Bodrum (starting 14 May 2011); Stansted to Bodrum (Starting 14 May 2011); Liverpool to Bodrum...

Posted on 14 February 2011

Turkey: New Commercial Code to help boost investment

Date: 17/12/2010Turkey: New Commercial Code to help boost investment The Turkish parliament will vote on 11 January 2011 for a new 1,535 article commercial code. The new code would include internationally accepted accounting standards and replace the current set of codes. The aim is to increase the transparency of companies...

Posted on 14 February 2011