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Tag Archives: Trends

Is the EU missing out by its attitude toward Turkey?

Istanbul, 23 February 2012 - Mr Egemen Bagis, Turkey's EU Minister, speaking at the 68th Meeting of Turkey - EU Joint Parliament Commission being in Istanbul said 2012 will be a tough year for Turkey’s EU membership process because Greek Cyprus would be the president of the rotating EU Presidency...

Posted on 24 February 2012

Turkey’s unemployment down for second month running

Istanbul, 16 February 2012 - The Turkish Statistical Institute has announced that for the second month in a row the Turkish unemployment rate has fallen. The rate for November 2011 fell to 9.1 percent which also compares with 11 percent for November 2010. The total number of unemployed is just...

Posted on 17 February 2012

Turkey’s tourism income up by 10 percent

Istanbul, 31 January 2012 - According to Turkish Statistical Institute Turkey’s tourism income rose by over 10 percent in 2011 (from 2010) reaching 23 billion USD. The UN World Tourism Organization ranks Turkey seventh in the world for the most visited destination. With the number of visitors to Turkey increasing...

Posted on 31 January 2012

Turkey’s Foreign Direct Investment up 70% in 2011

19 January 2012, Gaziantep - Speaking in the SE city of Gaziantep, Mr Ilker Ayci, President of Turkey’s 'Investment Support and Promotion Agency', said “Turkey has attracted 70 percent more FDI in the first 11 months of 2011 over the same period of the preceding year, reaching USD 12.1 billion”...

Posted on 19 January 2012

Foreign visitors flock to Istanbul

6 January 2012, Istanbul - In 2011 Turkey received over 30 million visitors making it the 7th most popular destination in the world. Of this 30 million 8 million people visited the stunning city of Istanbul according its Culture and Tourism department number. This number shows an increase of over...

Posted on 06 January 2012

“Istanbul is one of the most exciting and interesting cities of Europe, if not the world”

3 January 2012, Ankara  - The man who coined the phrase BRIC economies the world renowned economist and Chairman of Goldman Sachs Asset Management Mr Jim O’Neill predicts the next 10 years will see another set of emerging powers including Turkey taking over. In a recent interview O’Neill said “If...

Posted on 03 January 2012

Turkey’s construction sector hits new record

26 October 2011, Istanbul - According to Turkey’s GOYDER (the Association of Real Estate Investment Companies) there was a record breaking 1.8 million people employed in the construction business during the period 1 April to 30 June 2011, an increase of over thirteen percent. In the same period property sales...

Posted on 26 October 2011

Turkey tops G20 for job creation over last 3 years

27 September 2011, Turkey – According to a recent ILO (International labour Organisation) report over the last 3 years Turkey sits on top of the G20 list for job creation ( Q1 2008 to Q1 2011). The report, produced in conjunction with OECD (Organisation for Economic Co-operation and Development), reported...

Posted on 27 September 2011

Thirty nine new five star hotels in Istanbul

22 September 2011, Turkey – According to new report by Turkey’s TUROB (Touristic Hotels and Investors Association) hoteliers are flocking to Istanbul and currently there approximately 100 new hotels under construction in there. TUROB President Timur Bayindir said “The wave of new hotel investments in the city will add a...

Posted on 22 September 2011

Turkey Tourism Continues Strong Growth–UNWTO

As with anything, the number of tourists a country receives in a given period is subject to a number of different measurements, all of which arrive at their own total depending on how they are worked out. According to the World Tourism Organization (UNWTO) Turkey attracted 27 million foreign visitors...

Posted on 08 September 2011