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Thu, 04 Feb 2010 15:08:29 +0000
Turkish Airlines Posts Exceptional Growth in 2009 Passenger Numbers
Turkish Airlines, Turkey’s flagship carrier saw passenger volumes grow in 2009, making it one of a only a few airlines to see growth in what will surely be known as one of the most difficult years for international aviation since the advent of the budget carrier.
Not only that, but THY’s growth was particularly strong at [...]
| Wed, 03 Feb 2010 16:30:26 +0000
Turkish Economy to Grow More than Previously Expected Says World Bank
The World Bank country director for Turkey, Ulrich Zachau has said that the organisation "expects" Turkey’s economy to grow by 4-4.5% this year, which is higher than the World Bank’s running forecast of 3.5%.
On the other hand, he said that high unemployment would continue to be a problem in the foreseeable future.
Addressing the Global [...]
| Thu, 28 Jan 2010 18:20:53 +0000
Turkish US Trade to Increase by a Factor of 3
Speaking at a lunch hosted by the Turkish–American business council, U.S. Ambassador to Ankara James Jeffrey has said that trade between the two nations could increase by up to three times.
After taking time to understand the problems and develop a plan for trade relations, Turkey and the United Sates have come up with a framework [...]
| Tue, 26 Jan 2010 18:19:30 +0000
Turkish 10 Year Bond Sale a Testament to Investor Confidence in Turkey
The Turkish government has raised 934million Turkish lira from the sale of landmark 10 year bonds, which, by all accounts brought tremendous demand at auction.
Turkey’s bond issuance is not the first and it will not be the last such move as countries attempt to raise some much needed cash from capital markets, which are recovering [...]
| Fri, 15 Jan 2010 16:59:40 +0000
Hilton to Open 15 New Hotels in Turkey
In one of the biggest testaments to the potential for growth in Turkish tourism to date; Hilton Hotels has announced that it will open 15 new hotels in Turkey.
Hilton already has 9 hotels in Turkey, having been the first international hotel chain to invest in Turkey over 55 years ago, said Simon Vincent, who held [...]
| Thu, 14 Jan 2010 18:22:28 +0000
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, known for its bearish forecasts is [...]
| Thu, 07 Jan 2010 15:11:39 +0000
Turkey to Hit Close to 30 Million Tourists Target for 2010
Turkish tourism and culture minister Ertugrul 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 we have the ability to host at [...]
| Tue, 05 Jan 2010 14:22:58 +0000
Turkey and Brazil Agree Strategic Alliance
Turkish foreign minister Ahmet Davutoglu has announced a new strategic partnership with Brazil. Speaking with his Brazilian counterpart Davutoglu said: "I believe that Turkey-Brazil relations would make major contributions to global and regional peace," Davutoglu said adding that Turkey and Brazil had no political or economic problems between each other.
He said that Turkey-Brazil relations [...]
| Thu, 31 Dec 2009 13:38:33 +0000
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 part in the increased sales.
However, it [...]
| Thu, 24 Dec 2009 12:43:51 +0000
Turkey Embraced by West – Revered by East… Best of Both Worlds?
Turkey is proudly taking its place as one of the key markets in the world we are all rebuilding after the catastrophic crash of the last 18 months.
Today it officially launched its bid to host Euro 2016, where it will compete with the likes of France and Italy to host one of Europe’s biggest sporting [...]
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