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Tuesday, September 13 2011 , Your time is 15:58:00
Turkey is set to introduce a new system to increase the data quality in tracking suspicious transactions, in line with efforts to boost the fight against money laundering and terrorism financing, senior officials announced on April 26.
Turkey hopes to sign a major defense export deal with Saudi Arabia, Defense Minister Fikri Işık said on April 26, describing the potential deal as one of the biggest for the country’s defense industry.
The e-commerce sector in Turkey has strong growth potential and the sector can soar in the upcoming years through a number of key measures, according to research newly prepared by the country’s top business organization along with the Boston Consulting Group and the GittiGidiyor company.
The Central Bank has kept its main interest rate unchanged but continued to tighten monetary conditions by raising its late liquidity lending rate by 50 points.
ISTANBUL - Doğan News Agency
Hepsiburada.com, the largest e-commerce platform in Turkey and the surrounding region, has established a research and development (R&D) center in Istanbul to boost innovative and indigenous solutions.
ANKARA - Anadolu Agency
Customs and Trade Minister Bulent Tüfenkci has backed the World Trade Organization’s (WTO) first-ever multilateral trade agreement, saying it would help developing countries boost their exports.
Global and regional business and policy leaders will come together at the eighth annual Atlantic Council Istanbul Summit on April 27-28 with the aim of developing ideas and action on the issues of energy, the economy and security.
DUBLIN - Anadolu Agency
An updated Customs Union agreement between Turkey and the EU would benefit both sides, Turkish Economy Minister Nihat Zeybekci said on April 25.
The European Bank for Reconstruction and Development (EBRD), Actera – the leading private equity investor in Turkey – and Esas Holding – a venture capital firm established by the Sabancı family –are acquiring a majority stake in Korozo, the leading Turkish producer of flexible packaging, the EBRD said in a statement on April 25.
Turkey’s automotive maker Ford Otosan has signed a 150 million-euro loan agreement with the European Bank for Reconstruction and Development (EBRD) to finance projects in the near future.
The first Turkey-Africa Agriculture Ministers Meeting and Agribusiness Forum will be held in the Mediterranean resort province of Antalya on April 27-28.
BEIJING - Reuters
China launched its first domestically built aircraft carrier on April 26 amid rising tension over North Korea and worries about Beijing’s assertiveness in the South China Sea.
Turkey received $457 million in foreign direct investment in February, the Economy Ministry stated in a report on April 24