Sectors

Real Estate

Sinpaş REIT aims 1 billion TL turnoverSinpas REIT’s sales volume increased by 75 percent, while its turnover increased by 70 percent in the first half of the year. Sinpaş REIT aims 1 billion TL turnover by the end of the year. 

Sinpas Real Estate Investment Trust (REIT) is preparing to offer 4 new projects to sale in the second half of the year. Sinpaş REIT announced its operating report of first 6 months of the year... Add a comment

Energy

Turkey puts 101 electricity power stations online in 2014Turkey had 822 power stations and now the country has had 933 stations.

Turkey put 101 new power stations on line in 2014, the country's energy minister said Thursday.

"We put 101 electricity power stations on line in the first five months of this year. We put at least one power plant into service every two days," Taner Yildiz, told the Anadolu Agency.

In the first five months of 2013... Add a comment

Automotive

Automotive exports in April satisfies the sectorAutomotive industry that is Turkey’s export leader exceeded the level of $2-billion exports in April too, after the March. 

According to the export report that was announced by Orhan Sabuncu, Chairman of the Board of Uludag Automotive Industry Exporters’ Association (OIB), automotive industry that has been growing more than Turkey’s general export rate, succeeded it again in April... Add a comment

Tourism

Turkey’s tourism income increased by 3.4% in the first quarter of 2014In the first quarter; which is January, February and March months of 2014, tourism income increased by 3.4 percent and reached $4 billion 807 million 836 thousand. While 76.2 percfent of this income was obtained from foreign visitors, 23.8 percent was obtained from citizens resident abroad.

Turkish Statistical Institute (TurkStat) released the tourism statistics with regard to first quarter... 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

Education

Education in US attracts Turkish studentsTurkish students prefer education in the US in increasing numbers to build their careers

Turkey ranks first in Europe and tenth in the world in sending students to the US. The absence of entrance exams, mobility among different departments and the advantages provided by an American degree raise the number of Turkish students in the US.

Experts who spoke to Anadolu Agency (AA) agree that... Add a comment

Transportation

Turkey set to become ‘global hub’ for rail manufacturingTurkey is best positioned to become the home of international rail manufacturing as Africa, Latin America and the Middle East look to double the size of their networks by 2022, a new report has found.

According to research by Frost & Sullivan, Africa will experience the most intense growth in the rail supply market over the next few years as key regions enter a period of relative... Add a comment

Agriculture

Milk sales to the EU starts from TurkeyEU consumer health approved of milk and milk sales to the EU countries from Turkish firms by April, 3rd, 2013. Turkish Ministry of Food, Agriculture and Livestock, Mehdi Eker stated that the fact that Turkish firms have reached the standard to sell milk and milk products to the EU countries; and the process will be officially in effect by April, 3rd, 2013.

The Minister also added that 6... 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

Real Estate

Rental prices increase because of growing demand, in IstanbulNizamettin Aşa, President of Chamber of Istanbul Real Estate Agents, said that residential rental prices have quite increased in some districts of Istanbul because of urban transformation projects and growing demand of Syrians.

Evaluating the increasing of house rental prices, he said that there is great foreign attention to rental houses, especially from Syrians, and growing demand... Add a comment
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