Sectors

Energy

Turkey to receive $12 billion for coal investmentCompanies from Qatar, South Korea and China are competing for the purchase of the coal plant, energy officials told on Thursday.

Foreign energy companies are keen on investing in one of Turkey's largest coal deposits in the Afsin Elbistan region in the south eastern part of the country, according to energy officials.

With a $12 billion investment, three additional thermal coal plants are to... Add a comment

Tourism

1403523311404President of country's largest travel agency association says 43 million tourists expected to visit Turkey this year.

Tourists visiting Turkey are expected to spend $35 billion in 2014, the president of the country's largest travel agency association has said.

Basaran Ulusoy, President of the Association of Turkish Travel Agencies (TURSAB), said on Monday that the organization expected an... Add a comment

Automotive

Turkey’s automotive exports increases by 12%Turkey’s automotive exports increased by 12 percent and reached to $9.8 billion in the first 5 months of this year, according to data released by the Turkish Exporters' Assembly.

In the January-May period of this year, automotive industry’s total exports increased by 12 percent to $9.8 billion compared to the previous year. The main industrial exports’ amount was $5.6 billion, it... Add a comment

Health Care

Turkey among top 10 medical tourism destinations High quality treatment options offered by Turkish medical facilities at reasonable prices continue to attract hundreds of thousands of foreign healthcare seekers. The rapid growth observed in Turkey’s medical tourism in recent years has placed the country among the top 10 healthcare destinations globally, according to advisory firm Deloitte’s 2014 Global Life Sciences Outlook.

Assessing... 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

Education

Result of undergraduate placement exam has increased real estate pricesResult of undergraduate placement exam has enlivened the three largest provinces of Turkey.

According to datas from sahibinden.com, Result of undergraduate placement exam has increased real estate prices. The highest increase in prices have realized at Beyoğlu. The rental average price was 1.000 TL. It has reached 1.250 TL in a month by 25% rise. During examined period, the most expensive... Add a comment

Agriculture

Wheat has shattered a historic recordWheat has obtained repulican record by 22 tons. While wheat fell under 7 tons since 1954 by 6 million 969 thousand hectares of wheat cultivation area, rise of productivity in parallel with increase in the use of certified seed has prevented to rising of harvest. Soil Products Office has made purchase 1 million 934 thousan 918 tons. So producers have obtained 1.4 billion TL for this... Add a comment

Telecom & IT

10% growth in communication in TurkeyInformation and Communication Technologies Authority of Turkey President, Tayfun Acarer stated that at least 10% growth is calculated in the sector for 2012; and 44 billion dollars of growth is also expected. Acarer, attending Vodafone’s innovation base, Oksijen R&D’s new center’s opening ceremony, added that Vodafone Turkey started to work like an Internet provider; and now... Add a comment

Media

Turkish media expands global presenceTurkish media has embarked on an ambitious agenda of projecting its reach in multiple languages throughout the Balkans and in regions where Turkey has strategic interests, as the country asserts itself on the international stage. Through its media, Turkey is reinforcing a positive image, tapping into what Foreign Minister Ahmet Davutoglu has described as Turkey's "strategic depth."

Until... Add a comment

Real Estate

House prices increased by 20.49% in IstanbulAccording to data released by Turkey’s Central Bank, House Price Index for Turkey (THPI) increased by 1.27 percent to 155.36 in monthly basis, in May 2014.

THPI increased by 13.63 percent compared to the same month of the last year, it also increased by 3.62 percent in real terms. Square meter prices reached to 1,382.69 TL in May from 1,222.83 in May 2013.

New Housing Price Index (NHPI)... Add a comment
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