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Date: February 17, 2012 | Written By admin
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 under 2.5 million while the [...]
Date: February 1, 2012 | Written By admin
Ankara, 1st February 2012 – Unlike European banks, Turkish banks had a very good profitable year in 2011 with profits reaching nearly 12 billion USD. In a recent report by Brand Finance, a London based brand valuation consultancy, eight Turkish banks were rated in the top global 500 for brand values with Akbank being rated [...]
Date: January 27, 2012 | Written By admin
Istanbul, 26 January 2012 – According to Mr Mehmet Buyukeksi, Chairman of the Turkish Exporters Assembly, Turkey’s exports should reach 150 billion USD in 2012. In the first 25 days of 2012 Turkey’s exports increased by over 13 percent compared to the same period of 2011. “2012 will be a better year than it is [...]
Date: January 4, 2012 | Written By admin
4 January 2012, Ankara – Data released by Turkey’s DHMI (General Directorate of State Airports Authority) shows Turkey’s 45 airports handled nearly 119 passengers in 2011 showing a 14.4 percent improvement over 2010. Of the total 59 million passengers took flights to foreign destinations and over 58 million took domestic flights. In addition over 1 [...]
Date: December 30, 2011 | Written By admin
It’s official, Turkey has crossed the long-anticipated threshold of 30 million visitors, a year later than expected. During the boom the government set the tourism target that Turkey would be receiving 30 million visitors per year by 2010. Then the credit crunch happened. Most tourism markets were completely derailed by the crisis as it engulfed [...]
Date: October 21, 2011 | Written By admin
Yet more new flights to the bustling Istanbul Sabiha Gocken airport were announced this week, when Pegasus Airlines launched a new route, flying thrice weekly between the airport and Kosovo capital Pristina. Competing on the route from Istanbul’s other airport (Ataturk) are Turkish Airlines’ daily service as well as Atlasjet’s two flights a week. In [...]
Date: October 6, 2011 | Written By admin
Further proof that Turkey is one of the hottest emerging markets in the world has emerged in new research by Bloomberg on global mergers and acquisitions. According to the research Turkey is now well above the BRIC nations in terms of mergers and acquisitions as more deals are signed in the country since 2008. The [...]
Date: September 29, 2011 | Written By admin
It’s that time of the month again, and the top ten properties for September reveal some interesting trends, and confirm some others. First of all the dominance of Altinkum continues, despite of the fact that the average price range of the most popular properties continues to increase, now to around £165,000. Altinkum has 4 properties [...]
Date: September 27, 2011 | Written By admin
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 Turkey ranked ahead of Indonesia [...]
Date: September 15, 2011 | Written By Spot Blue
The Turkish economy was the fastest growing in the world in the first six months of this year, with GDP growing 8.8% in the year to end June according to the latest data from Turkstat. The Turkish statistical body also revised upwards its first quarter GDP figures, from the 11% which had already made Turkey [...]
