India’s decision pleases Turkish cotton producers An Indian decision to halt cotton exports has pleased local cotton producers who believe prices will increase as a result. Others in the industry feel that the move will have little effect. India is set to make a final decision on the stoppage tomorrow

Turkey’s advertising sector sees 20% growth Turkey’s Association of Advertising Agencies has announced advertising investment figures for 2011 compiled with data from member media agencies.

Car production down 14 percent in first two months of 2012 Fourteen percent fewer cars rolled off the production line in the first two months of this year compared to the same period a year ago, data from the Automotive Manufacturers´ Association (OSD) have shown.

Turkey focuses on cooperation to make Istanbul a global financial center Turkish Deputy Prime Minister Ali Babacan has said that efforts were underway to develop cooperation with Hong Kong and Singapore in Turkey´s drive to make Istanbul a global financial center.

Turkey´s Police Department to purchase 15 American helicopters The Department of Police has signed a contract with Bell Helicopter Textron for the purchase of 15 ´´Bell 429´´ helicopters.

İstanbul-based film industry: a rising star worldwide An increase in the number of TV shows and movies being shot in Turkey is expected to boost interest from international filmmakers in cooperating with the Turkish movie industry.

İşbank seeks to acquire Greek bank in Egypt İşbank is looking to acquire Egyptian unit of Piraeus Bank, one of the largest private Greek bank as part of its strategy to look for new opportunities in the region. Işbank is also looking towards the Balkans and Iraq

Erdoğan meets with Google´s Schmidt to discuss FATİH project Prime Minister Recep Tayyip Erdoğan has met with Google Chief Executive Officer Eric Schmidt to discuss cooperation between the government and the world´s number one Internet and software company with regards to a major education project that requires the procurement of millions of tablet PCs.

Unemployment falls to single digit after 2 years Turkey’s jobless rate fell to 9.8 percent in 2011 from nearly 12 a year earlier, official figures say. The study shows that unregistered labor is still a major concern since 42 percent of the work power lacks social security

Prime Minister Erdoğan introduces new symbol for the Turkish lira Prime Minister Tayyip Erdoğan unveiled a new symbol for the Turkish lira at a press conference held with Central Bank Governor Erdem Başçı and Deputy Prime Minister Ali Babacan on Thursday.

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