Cruise Tourism expected to contribute US dollars 700 million to Turkey’s economy

Experts in the tourism sector note that cruise tourism provides a contribution of US$ 700 million to Turkey’s economy, annually adding however this contribution had substantially decreased in 2016-2019 referred to as a crisis period. Officials responsible for Turkey’s ports say this tourism branch will witness a major rise after 2020 in particular More...

by BTT | Published 7 months ago
By BTT On Sunday, December 8th, 2019
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Travel Turkey Izmir exhibition hosts many visitors from Turkey and abroad

Travel Turkey Izmir Tourism Fair which is one of the most important gatherings of the tourism sector in Turkey opened its doors to the world tourism sector and visitors on 05 – 07 December 2019. TRAVEL TURKEY More...

By BTT On Wednesday, December 4th, 2019
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CEO says German DHL to set up trade routes from Turkey within scope of 2025 strategy

German DHL Express is focused on e-trade within the framework of its 2025 strategy. Accordingly Turkey is expected to become an important part of this strategy. CEO Pearson has expressed DHL plans to set up new More...

Ferrous & Non-Ferrous Metals Exporters: Turkey’s Production down by 11 percent
By BTT On Monday, December 2nd, 2019
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Ferrous & Non-Ferrous Metals Exporters: Turkey’s Production down by 11 percent

US President Donald Trump’s threat to increase the tax tariff applied to Turkish steel exports from 25 percent to 50 percent was met with concern by Turkish iron and steel exporters. Chairman of the Board More...

By BTT On Saturday, November 30th, 2019
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Culture and Tourism Minister: Turkey has declared 2020 as the Year of Turkish Cuisine

Mehmet Nuri ERSOY, Minister of Culture and Tourism has announced 2020 is declared as the year of the Turkish cuisine by the ministry. Regarding the issue, the Minister noted that accommodation income was US$ 10 More...

By BTT On Sunday, November 24th, 2019
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Turkey’s total automotive production goes down by 8 percent in 10 months

Total automotive production in Turkey goes down by 8 percent to 1 million 189 thousand 539 pieces in the 10 months compared to the same period in 2018.  Total automotive exports in the same period was 1 million More...

Fitch says their confidence in Turkey’s improving growth is getting stronger
By BTT On Saturday, November 16th, 2019
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Leading finance institutions announce positive forecasts for Turkey’s economy

Talking about economy in Turkey, Turkish citizens have been tired of discouraging news about this area for quite a while and all they have heard of recently is falling Turkish lira, inflation and millions of unemployed More...

Central Bank announces end-year US dollar and inflation forecast for 2019
By BTT On Friday, November 15th, 2019
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Central Bank announces end-year US dollar and inflation forecast for 2019

Central Bank of the Republic of Turkey (CBRT) has announced its November expectation questionnaire. Accordingly, the end-year dollar estimate fell from TL 6.05 TL to TL 5.91, year-end inflation forecast fell from More...

Turkish construction companies target larger share in Qatar’s construction market
By BTT On Wednesday, November 13th, 2019
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Turkish construction companies target larger share in Qatar’s construction market

As is known, both political and economic relations between Turkey and Qatar are already at a pretty good level. On the other hand, Qatar is a country that allocates a large amount of funds for infrastructure projects More...

By BTT On Friday, November 8th, 2019
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European Union forecasts 0.3 percent growth for Turkey’s economy in 2019

The European Union (EU) increased the forecast for Turkey’s economic contraction in 2019 from minus 2.3 percent to 0.3. EU also forecasted Turkey’s economy would grow by 3.5 percent in 2020. In the report, More...