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Turkey: THY adds new aircraft to increase its long range capacity

Date: 19/10/2010Turkey: THY adds new aircraft to increase its long range capacity Turkish Airlines is increasing it long range capacity with the addition of twelve Boeing 777 300ER. At the hand over ceremony in Seattle the Turkish Airlines Executive Board Chairman, Hamdi Topcu said “The extended fleet will double THY’s...

Posted on 14 February 2011

Turkey: US Procter & Gamble launchs new products in Turkish market

Date: 19/10/2010Turkey: US Procter & Gamble launchs new products in Turkish market P&G’s Chief Executive Officer Robert McDonald said “Turkey is expected to be one of the fastest growing countries until 2020 and the impressive growth rate makes Turkey a priority market for P&G,” Based in the US, P&G, the...

Posted on 14 February 2011

Turkey: Candidate for IMF Executive Board ?

Date: 11/10/2010Turkey: Candidate for IMF Executive Board ? John Lipsky, First Deputy Managing Director of the International Monetary Fund (IMF) Executive Board has indicated that Turkey is a strong candidate for a place on the IMF Executive Board. Turkey’s GDP could reach approximately USD 790 billion in 2011, according to...

Posted on 14 February 2011

Turkey: IMF raises economic forecast

Date: 11/10/2010Turkey: IMF raises economic forecast Because of the stronger than expected consumer spending the IMF indicated that Turkey’s economy may increase by 7.8 percent this year, which is more than double the pace in other emerging European markets, said the International Monetary Fund, Turkey is recovering from the global...

Posted on 14 February 2011

Leading Turkish developer opens arms to UK

Date: 06/10/2010Leading Turkish developer opens arms to UK Soyak, one of the largest residential real estate developer in Turkey is utilising Spot Blue, the expert Turkish agency, to bring their Istanbul developments to an international market. After today’s announcement by Moody’s to upgrade the economic status of this ‘robust’ country...

Posted on 14 February 2011

Turkey: OECD says Turkey is one of the strongest in OECD in 2010

Date: 16/09/2010Turkey: OECD says Turkey is one of the strongest in OECD in 2010 When most other members of the Organization for Economic Co-operation and Development (OECD) financial difficulties, OECD has praised Turkey’s for its economic stability and growth performance. In a joint press conference held in Ankara with Turkish...

Posted on 14 February 2011

Turkey: S&P indicating an upgrade in TurkeyÂ’s credit rating

Date: 16/09/2010Turkey: S&P indicating an upgrade in Turkey’s credit rating With Turkey’s growth in double figures for the second quarter of 2010, Turkey’s strong economic performance is once again coming to the attention of the credit rating agencies. Turkey has twice been upgraded during the current global economic crisis and...

Posted on 14 February 2011

Turkey: Construction leading the way to economic recovery in Turkey

Date: 15/09/2010Turkey: Construction leading the way to economic recovery in Turkey On Monday the Turkish Statistics Institute announced extremely positive data for the Turkish economy, a 10.3% GDP growth in the second quarter of the year, making it the world’s third fastest growing economy for April – June, behind Singapore...

Posted on 14 February 2011

Turkey: UKÂ’s Jet2 Airline announces new flights from Glasgow to Turkey

Date: 14/09/2010Turkey: UK’s Jet2 Airline announces new flights from Glasgow to Turkey Jet2 has announced from April 2011 it will be flying to Dalaman in Turkey from its Glasgow base. 14 September 2010

Posted on 14 February 2011

Turkey: Turkish SMEs are targeted by foreign investors

Date: 09/09/2010Turkey: Turkish SMEs are targeted by foreign investors Because of Turkey’s strong economic performance Turkey’s SMEs (Small Medium Sized Enterprises) have come to the attention of overseas investors who are lining up to acquire companies or form joint ventures in the SME sector. These include the Russian steel giant...

Posted on 14 February 2011