Sub Categories:/» Homepage/» ECONOMY/» BUSINESS
Tuesday, September 13 2011 , Your time is 15:58:00
Turkey has launched a year-long image-building campaign to inform foreigners through chief executive officers of international companies in Turkey about the “country’s reality,” inviting them and their friends to visit and see it with their own eyes.
Rating agencies’ perception about Turkey will likely change “for the good” when the dual-headedness of the existing system is overcome with the implementation of the presidential system, a top economy official said March 20.
ISTANBUL - Anadolu Agency
A training center of the Turkish Airlines has been recognized for excellence by a major industry association, the flagship air carrier announced on March 17.
Turkey has suspended the issuance of licenses for the duty-free import of sunflower oil, wheat and corn from Russia, Grain Union President Arkady Zlochevsky told TASS on March 17.
Güneş Kömürcüler – ISTANBUL
Britain’s exit from the European Union will not affect London’s leading role in global finance but is instead likely to create a great opportunity for the City of London to focus more on other areas, including emerging markets, Lord Mayor Andrew Parmley said March 16.
The groundbreaking ceremony for the 1915 Çanakkale Bridge is slated to take place on March 18, the 102nd anniversary of the Çanakkale War.
Dutch investment in Turkey is not at risk from the recent diplomatic row between the two countries, as Ankara’s ire is focused on the Dutch government, not its people or businesses, Turkey’s minister for EU Affairs told Reuters.
LONDON - Reuters
Turkish home appliances maker Arçelik is working on acquisitions to speed up its international expansion, particularly in Asia, its chief executive said on March 20.
The asset volume of companies seized by the state has surpassed 40.5 billion Turkish Liras ($11.1 billion), Deputy Prime Minister Nurettin Canikli has said, adding that the state fund in charge of running these companies has become “one of the largest business holdings in the country.”
Türk Telekom has signed a cooperation protocol with Turkey’s national postal service PTT for real estate development, the telecom company said in a written statement on March 17.
The Turkish-Egyptian Business Council has met in Cairo for the first time since the military coup in Egypt in 2013, calling for a revival of bilateral economic and trade ties.
German cement maker HeidelbergCement will hold off from making investments in Turkey for the moment given political uncertainty in the country, its chief executive said on March 16.
BEIJING - Reuters
Saudi Arabia’s King Salman oversaw the signing of deals worth potentially $65 billion on the first day of a visit to Beijing on March 16, as the world’s largest oil exporter looks to cement ties with the world’s second-largest economy.