Tag archive for ‘2012’
By admin On Wednesday, December 4th, 2013

Bicycle sales exceed car sales in most EU countries in 2012

Figures from industry bodies indicate that bicycles outsold cars in 26 of the European Union’s 28 states in 2012. It is thought the trend reflects a slump in car sales brought on by the continent’s economic More...

By admin On Tuesday, September 17th, 2013

Internet shopping to skyrocket in Turkey

The Turkish retail sector, which recorded $302 billion in 2011, is expected to reach $421 billion in 2015. Internet retail portals are becoming a new favorite among Turkish internet users and shoppers, according More...

By admin On Saturday, September 15th, 2012

Turkey attracts USD 8,9 billion of FDI in first 7 months of 2012

Turkey draws USD 8.9 billion of FDI in 7 months The foreign direct investment (FDI) to Turkey showed no signs of slowing down despite the raging debt crisis in Europe and the political upheaval in the Middle East. More...

By admin On Thursday, September 13th, 2012

Finance Minister: Turkey will not achive budget targets in 2012

Budget targets will not be met this year, according to Finance Minister Şimşek. The Finance Ministry has prepared a draft law that would introduce new tax hikes, focused on automobiles, tobacco products, real More...

Important data regarding economy and financial markets to be released this week
By admin On Tuesday, September 11th, 2012

Turkey: Economy grows slower than expected in 2nd quarter

Turkey’s economy grew slower than expected in the second quarter and a deeper slowdown is expected during the rest of the year as domestic demand weakens, raising pressure on the central bank to cut borrowing More...

By admin On Monday, September 3rd, 2012

Turkey: Export figures to Europe fall 13 pct in August

The automotive sector was not in the top 3 largest export industries in August. The Turkish Exporters’ Assembly’s (TİM) exports figures for August show a sharp decline in sales to Europe, which is in pace with More...

By admin On Sunday, August 26th, 2012

Interactive Marketing Summit 2012 to be held in Istanbul

Turkey in spite of all the political unrest and turmoil it has been going through for quite a while is not the same economically weak country it used to be years ago… This country is among the fastest developing More...

By admin On Saturday, August 11th, 2012

Turkey’s golden girls win 1500 m in London Olympic games

Turkey scores gold, silver in women’s 1500m in Olympic games London 2012 Asli Cakir Alptekin led a shock 1-2 for Turkey when she won the women’s Olympic 1500m on Friday in 4min 10.23sec, handing her More...

By admin On Thursday, August 2nd, 2012

Turkey’s tourism revenue increases by 3.8 percent in 1st quarter 2012

Turkey’s tourism revenue for the second quarter of 2012 saw an increase of 3.8 percent compared to the year prior reaching, a total 5,576,155,275 dollars. An overwhelming 82.1 percent of tourism revenue was acquired More...

By admin On Sunday, July 29th, 2012

Central Bank of Turkey forecasts 6.2 percent year-end inflation

Central Bank Gov Erdem Başçı says that consumer inflation may take a downward path after it rose in June. The bank forecasts 6.2 percent year-end inflation. AA photoThe Turkish Central Bank has revised down its More...