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 Turkey is world’s 19th most valuable nation brand
According to results from research conducted by branding valuation consultancy Brand Finance on top “Brand Nations”, Turkey, with a brand value of 487 billion dollars, has become the world’s most valuable 19th nation. |
 Exports up 3.6 pct on defense orders
Turkey’s exports in June were up 3.59 percent when compared to the same period last year, reaching a total of $11.8 billion, Turkish Exporters’ Assembly (TİM) Chairman Mehmet Büyükekşi said yesterday in a press conference held at the Rize Chamber of Trade in the northeastern province of Rize. |
 Turkey’s exports are on the rise while economic growth persists
Turkey’s economic growth has surpassed expectations at 3.2 percent for the first quarter of the year and during a time when the economic crisis had reached a peak. The main factor in the nation’s growth can be pinpointed to the Central Bank’s decision to bring down the obstacle of high interest rates which was blocking the nation’s exports. While last year net exports brought down the first quarter’s growth figures by 5.3 points, this year exports have contributed by 4.5 points. |
 Turkey´s inflation declines more than expected in June
Consumer price inflation drops 0.90 percent more than market expectations in June compared with the previous month, according to the official data |
 Turkish Insurance and Retirement Sectors highlights at the July 2012
Anadolu Sigorta’s New General Manager is Musa Ülken |
 Foreign trade deficit shrinks further in May
The foreign trade deficit, the Turkish economy’s soft spot, continued to improve in May. The deficit contracted by 15.5 percent last month year-on-year to $8.5 billion, the Turkish Statistical Institute’s data show. |
 Soft landing likely as economic growth slows to 3.2 pct in Q1
Turkey´s gross domestic product (GDP) growth slowed down to a still-strong 3.2 percent in the quarter ending in March, signaling that the national economy is experiencing a soft landing following more than two years of speedy expansion. |
 Gazprom ‘warns’ Turkey on gas deal
Gazprom on June 29 sent a warning signal to Turkey over Ankara’s agreement with Azerbaijan to build a gas pipeline to Europe, a rival to the Moscow-backed planned South Stream trunk. |
 China to wear a Turkish brand
Colin´s is planning to enter the Chinese market next year. According to the CEO of Colin´s Yavuz Eroğlu, plans are to open 55 stores in the first year alone. |
 Turkey, Azerbaijan sign major pipeline deal
Turkey signed a deal with Azerbaijan to build the $7 billion Trans-Anatolian natural gas pipeline (TANAP) to carry Azeri gas to European markets today. Turkish Energy Minister Taner Yıldız and his Azeri counterpart Natiq Aliyev put their signatures on the agreement. |
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