Sectors

Real Estate

Private parking spots to be registered in IstanbulKadir Topbaş, the Mayor of Istanbul Metropolitan Municipality, said that multi-storey car parks will be built in every street, and deeds would be bought and sold like houses. 

Speaking at Istanbul Municipal Council Kadir Topbaş announced Annual Report of 2013, and expressed new projects. He mentioned Istanbul’s traffic and parking issues. 

Topbaş said that they are going to start a... Add a comment

Energy

Turkey's LPG market worth $7.5 billionLPG important alternative source of energy for Turkey, says Turkish energy min.

Turkey has a Liquid Petroleum Gas market worth US$ 7.5 billion, said Turkish Energy Minister Taner Yildiz.

Liquid Petroleum Gas (LPG), with a market volume of 3.8 million tons, is one of the most important alternative sources of energy for Turkey, said Yildiz during a press conference before a meeting with the... Add a comment

Tourism

Tourism up 3.8 pct in JanuaryThe number of tourists visiting Turkey increased 3.81 percent in January month on month to reach 1.14 million, according to data the Ministry of Culture and Tourism released on Tuesday.

The number of foreign tourists rose 9.84 percent in 2013 over the previous year to nearly 35 million, according to the ministry. Data from the National Police Department showed that 15,445, or 1.35 percent... Add a comment

Health Care

Turkish local municipality eases travel for disabled peopleA local municipality in Antalya, one of Turkey’s hot tourism spots, provides recharge stations that allow disabled people to travel more extensively without fear of being stranded by a flat battery on their electric wheelchairs.

Antalya’s Muratpasa municipality now has four recharge stations at central points in the town, said Varol Tang, director of the department for the disabledat the... Add a comment

Automotive

Turkish auto industry gears up for new investments, capacity increases Turkey’s auto industry is geared up to receive new investments from the world’s leading motor vehicle makers and spare part manufacturers. According to investment certificates granted to companies operating in the field, the industry will receive TRY 5.8 billion (approx. USD 2.6 billion) worth of investments over the next 2 years in the form of capacity increases, new model additions, and... Add a comment

Education

Gross domestic R & D expenditure of Turkey reached 13 billion 62 million TLTurkish Statistical Institute has announced that, Gross domestic R & D expenditure of Turkey reached 13 billion 62 million TL by rising 17,1% compared to previous year.

According to survey results that are made on the basis of transcripts government agencies, universities, private universities and commercial sector, and the state budget and staff, Gross domestic R & D expenditure of Turkey... Add a comment

Media

Turkey to be candidate 2022 Golf TournamentAfter achieved success in Turkish Airlines Open 2013 Golf Tournament that was held at Antalya in the previous week. So Turkey will make an offer for the 2022 Ryder Cup to be held in Turkey. 

Turkey Golf Federation President Ahmet Ağaoğlu said that, we will make an offer to be held of the European Tour's final series in Turkey, this offer should be seen as important point for the 2022... Add a comment

Transportation

Age-old dream comes true in TurkeyThe 13.5 kilometers long Marmaray line which connects to the Istanbul-Ankara high speed train is expected to ease Istanbul's traffic jams. 

Transport, Maritime Affairs and Communications Minister Mr. Yıldırım has said that,Everything is fine.  The inauguration of the Marmaray rail transport project in Turkey's İstanbul will open on October 29. The final preparations for the opening of... Add a comment

Agriculture

8 trillion dollars of  agricultural estate is new favorite for financial investors throughout the worldInvestments on agricultural estate increase. Financial investors tend towards agricultural estate to diversity their portfolios. World population is growing rapidly. Agricultural productions have to be increased to satify needs. The expected rise on agricultural production will provide increase on agricultural estate prices and offers new opportunities for those who want to diversify their... Add a comment

Telecom & IT

Turkish Government to decrease Turk Telekom shares to as low as 25%Turkish Minister of Finance, Mehmet Simsek announced that during the first half of 2013 they are planning to go on tender through license transfer regarding the privatization of National Lottery of Turkey; and they could also decrease public share in Turk Telecom up to 25%.

Simsek suggested that there will not be any changes in management rights on condition that the public share falls... Add a comment
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