Menu

Tag Archives: 2010

Construction Leader Predicts 15% Growth in Turkish Construction this Year

The chairman of a leading Turkish construction company has said that the industry could see growth of up to 15% this year. Speaking , which was organized by the Association of Turkish Building Material Producers, or İMSAD, on Thursday, Süleyman Varlıbaş, chairman of Varlıbaş Holding said the growth in the...

Posted on 20 April 2010

Turkish Economy Looking Good For Strong First Quarter Growth

Industrial output in Turkey was 18.1% higher this February than last, and in the opening two months of the year, 15% higher than the same period of last year. This followed on from an 12.1% year on year increase in output recorded in January, and was a 0.5% month-on-month increase...

Posted on 09 April 2010

Turkish Property Sales up 24% Year on Year in 2009

House sales in Turkey rose 24% year-on-year in the nine months ending September last year, according to new data from the Real Estate Investing Partners Association (GYODER). The body put the rise down to a reduction in title deed fees and value-added tax (KDV), as well as promotions by developers....

Posted on 25 February 2010

Turkish Economy to See Growth Boosted by New IMF Deal in 2010

The Turkish economy is predicted to grow by around 5% this year. A whole slew of analysts and brokers at investment funds, research groups and banks have forecast growth of between 4 and 7%, with 5.2% being the average forecast from the reports I have read. The International Monetary Fund,...

Posted on 14 January 2010

Turkey to Hit Close to 30 Million Tourists Target for 2010

Turkish tourism and culture minister Ertuğrul Günay has said that if Turkey doesn’t hit its target for 30 million tourists in 2010 it will stagger it. No of course he didn’t really say that, but he did say that Turkey will receive close to 30million tourists this year. "I think...

Posted on 07 January 2010

Turkey and Brazil Agree Strategic Alliance

Turkish foreign minister Ahmet Davutoğlu has announced a new strategic partnership with Brazil. Speaking with his Brazilian counterpart Davutoğlu said: "I believe that Turkey-Brazil relations would make major contributions to global and regional peace," Davutoğlu said adding that Turkey and Brazil had no political or economic problems between each other....

Posted on 05 January 2010

Turkish New Home Sales up 24% on Last Year

Home sales in the first nine months of this year, were an incredible 24% higher than in the same period last year, according to the Real Estate Investing Partners Association (GYODER/ GYODER said that the cuts in title deeds fees and the Turkish equivalent to VAT (KDV) had played a...

Posted on 31 December 2009

Turkey Tourism: 2010 to be the Year of Patara

Patara in Turkey has ranked 4th in the TripAdviser top 5 World Destinations for 2010. Patara is known around the world for its 12 mile-long beach which has been made into a national park. The coastline at Patara has been an important piece of ground since Roman and Lycian times,...

Posted on 23 December 2009