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Turkey’s first national car brand to be electric: Minister

Thursday, October 23, 2014 Expert Advice
Turkey seeks to create its first national automobile brand, and the cars will be electric, the Minister of Science, Industry and Technology,Fikri Isik said on Tuesday. Isik said that there is a current project underway to create the first national car brand, and tangible steps will be taken in the near future. "Let…

Turkey prepares new regulation for square meter declaration

Wednesday, October 22, 2014 Real Estate
It is stated that with the new regulation for square meter declaration in house sales, confusion will be end in the sector, and consumer rights will be protected. With the instruction of İdris Güllüce, Minister of Environment and Urban Planning, a new regulation is being prepared for real estate sales. With the…

Apple could turn iPhones into remote controls for cars

Wednesday, October 22, 2014 Enterprise
Only a day after the first customers began using Apple pay, Apple has been granted a patent which could turn future iPhones into remote controls for cars. In September, the technology company launched Apple Pay which enables clients to pay for items just by holding the iPhone near contactless readers with your finger…

Turkey plans to build third nuclear power plant

Wednesday, October 22, 2014 Stock Markets
"Turkey will build a third nuclear power plant by 2018-2019, when we have sufficiently qualified people to build it as a national project," Turkish Prime Minister Ahmet Davutoglu said on Tuesday. Davutoglu was briefed on the recent studies of the Ministry of Energy and Natural Resources. The three-hour presentation…

Afghanistan's opium production hits all-time high

Wednesday, October 22, 2014 Asia
A report released on Tuesday by the Special Inspector General for Afghanistan Reconstruction, known by its acronym SIGAR, states that Afghanistan had its all-time highest poppy harvest in 2013 despite the United States spending $7.6 billion to prevent poppy production. According to data from the United Nations cited…

RECENT STORIES

October 23, 2014

Turkey’s first national car brand to be electric: Minister

Turkey seeks to create its first national automobile brand, and the cars will be electric, the Minister of Science, Industry and Technology,Fikri Isik said on…
October 22, 2014

Turkey prepares new regulation for square meter declaration

It is stated that with the new regulation for square meter declaration in house sales, confusion will be end in the sector, and consumer rights will be…
October 22, 2014

Apple could turn iPhones into remote controls for cars

Only a day after the first customers began using Apple pay, Apple has been granted a patent which could turn future iPhones into remote controls for cars. In…
October 22, 2014

Turkey plans to build third nuclear power plant

"Turkey will build a third nuclear power plant by 2018-2019, when we have sufficiently qualified people to build it as a national project," Turkish Prime…
October 22, 2014

Afghanistan's opium production hits all-time high

A report released on Tuesday by the Special Inspector General for Afghanistan Reconstruction, known by its acronym SIGAR, states that Afghanistan had its…

Income from Turkish special consumption tax to rise

October 22, 2014 in Stock Markets
The Turkish government seeks to raise more income from its tax on luxury goods, cars, alcoholic beverages, and other specialty items. The Turkish government…

House prices increase in Turkey

October 21, 2014 in Real Estate
Despite fluctuations in new house sales, the prices of new houses in Turkey are maintaining an unbroken upward trend since 2010 figures. The prices of new…

Lower GDP growth in China threatens annual target

October 21, 2014 in Asia
China has recorded its weakest quarterly growth in more than five years, the National Bureau of Statistics reported Tuesday. Gross Domestic Product increased…

Turkey 'effective' in bid for visa-free travel: EU

October 21, 2014 in Tourism
A European Union Commission report has stated Turkey has been "effective" in its efforts to meet the bloc's requirements for allowing Turkish citizens to be…

Sharp drop expected for UK economy next year

October 21, 2014 in Europe
Increased risk levels will weigh on U.K. economic growth in 2015, a panel of economists warned Monday. Gross Domestic Product growth will decline to 2.4…

Moody's upgrades Egypt’s credit outlook

October 21, 2014 in Finance
Credit rating agency, Moody’s raised its credit outlook for Egypt from “negative” to “stable” on Monday, citing improvements in general atmosphere and signs of…

Winners of 51st 'Turkish Oscars' announced

October 20, 2014 in Culture & Art
The winners of the 51st International Golden Orange Festival -- known as the Turkish Oscars -- have been unveiled at an award ceremony in the southern city of…

Twitter releases new music experience

October 20, 2014 in Internet
Twitter announced late Thursday that it will allows users to stream audio embedded in tweets. The favorite social media outlet for musicians and other…

Turkish Airlines to maintain Africa destinations

October 20, 2014 in Enterprise
Turkish Airlines will not reduce any of its flights to Africa because of the worldwide Ebola virus threat, President of Turkish Airlines Temel Kotil said…

Turkey would benefit from falling oil prices

October 20, 2014 in Energy
 Falling oil prices will have a positive impact on energy importer countries like Turkey since it reduces the cost of energy, a BP offical said on Friday.…

Turkish jewelry export target of $12bn 'feasible': Popov

October 20, 2014 in Stock Markets
Turkey could become one of the world’s main jewelry trading centers in the mid-term future, according to the vice president of the Federation of World Diamond…

Turkey launches new strategy for EU accession

October 19, 2014 in Expert Advice
Turkey is launching a new communication strategy to support its bid for EU membership. The new strategy, intended to reverse the decline in public opinion…

Volkswagen recalls over half a million cars in China

October 19, 2014 in Automotive
Volkswagen AG is recalling over half a million cars due to defects in their rear axles, China's quality regulator said on Friday. The decision came after an…

Turkey’s central bank expected to leave rates on hold

October 19, 2014 in Finance
Turkey's central bank is expected to leave interest rates on hold, a panel of economists predicted on Friday. All of the 18 economists who participated in…

Falling oil prices will decrease gas prices

October 19, 2014 in Money
Falling oil prices across the world are expected to bring down global gas prices within six months, experts said Friday. Brent crude oil - the global benchmark…

Turkey’s first national car brand to be electric: Minister

Turkey’s first national car brand to be electric: Minister  Turkey seeks to create its first national automobile brand, and the cars will be electric, the Minister of Science, Industry and Technology,Fikri Isik said on Tuesday.

Isik said that there is a current project underway to create the first national car brand, and tangible steps will be taken in the near future.

"Let me say first that Turkey has missed the train for the classic internal... Add a comment

Read more...

Turkey prepares new regulation for square meter declaration

Turkey prepares new regulation for square meter declaration It is stated that with the new regulation for square meter declaration in house sales, confusion will be end in the sector, and consumer rights will be protected. 

With the instruction of İdris Güllüce, Minister of Environment and Urban Planning, a new regulation is being prepared for real estate sales. With the regulation, confusion in the sector will end in housing sales. 

Consumers... Add a comment

Read more...

Apple could turn iPhones into remote controls for cars

Apple could turn iPhones into remote controls for carsOnly a day after the first customers began using Apple pay, Apple has been granted a patent which could turn future iPhones into remote controls for cars.

In September, the technology company launched Apple Pay which enables clients to pay for items just by holding the iPhone near contactless readers with your finger on the Touch ID. Clients started making payments on Oct. 20.

Turning the... Add a comment

Read more...

Turkey plans to build third nuclear power plant

Turkey plans to build third nuclear power plant"Turkey will build a third nuclear power plant by 2018-2019, when we have sufficiently qualified people to build it as a national project," Turkish Prime Minister Ahmet Davutoglu said on Tuesday. 

Davutoglu was briefed on the recent studies of the Ministry of Energy and Natural Resources. The three-hour presentation was closed to the press. 

He said after the meeting that the third... Add a comment

Read more...

Afghanistan's opium production hits all-time high

Afghanistan's opium production hits all-time highA report released on Tuesday by the Special Inspector General for Afghanistan Reconstruction, known by its acronym SIGAR, states that Afghanistan had its all-time highest poppy harvest in 2013 despite the United States spending $7.6 billion to prevent poppy production.

According to data from the United Nations cited in the report, 209,000 hectares were used for cultivation in 2013 compared... Add a comment

Read more...

Income from Turkish special consumption tax to rise

Income from Turkish special consumption tax to riseThe Turkish government seeks to raise more income from its tax on luxury goods, cars, alcoholic beverages, and other specialty items.

The Turkish government aims to raise 94.4 billion Turkish liras ($42 billion) from the special consumption tax in 2015, compared with 65.3 billion liras ($29.2 billion) collected in the first nine months of this year, according to the government budget... Add a comment

Read more...

House prices increase in Turkey

House prices increase in TurkeyDespite fluctuations in new house sales, the prices of new houses in Turkey are maintaining an unbroken upward trend since 2010 figures.

The prices of new houses in Turkey increased by 7.02 percent in September compared with the same month last year, the Association of Real Estate and Real Estate Investment Companies said Wednesday.

The figures were released in a report issued by the... Add a comment

Read more...

Lower GDP growth in China threatens annual target

Lower GDP growth in China threatens annual targetChina has recorded its weakest quarterly growth in more than five years, the National Bureau of Statistics reported Tuesday.

Gross Domestic Product increased by 7.3 percent in third quarter compared to the same period last year, the lowest level since early 2009 and slower than the 7.5 percent growth recorded in the second quarter.

Economists said the figure is in line with expectations... Add a comment

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Turkey 'effective' in bid for visa-free travel: EU

Turkey 'effective' in bid for visa-free travel: EUA European Union Commission report has stated Turkey has been "effective" in its efforts to meet the bloc's requirements for allowing Turkish citizens to be able to travel to the 28-nation bloc without a visa.

The comment by Commissioner for Home Affairs Cecilia Malmström came as the EU's first progress report on Turkey’s visa liberalization "roadmap" was released Monday, which... Add a comment

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Sharp drop expected for UK economy next year

Sharp drop expected for UK economy next yearIncreased risk levels will weigh on U.K. economic growth in 2015, a panel of economists warned Monday.

Gross Domestic Product growth will decline to 2.4 percent in 2015, from 3.1 percent this year, the London-based non-government think-tank EY Item Club said.

The level of risk and uncertainty will rise, the group said, as upcoming elections will create political uncertainty, and growing... Add a comment

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