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Firm, minister face maritime warfare
Transport Minister granted “extraordinary privileges” to IDO, the company running high speed ferries in Istanbul and neighboring cities and purchased by TAV, a Turkish daily newspaper claimed Dec. 6. Both the ministry and TAV have denied the claims.
Impressions from Turkish Insurance Sector at the December 2011
Anadolu Sigorta was in the earthquake zone starting from day one
Turkey´s fresh fruits & vegetables exports up 7 pct
Turkey´s fresh fruits and vegetables exports increased seven percent in 2011 when compared to 2010.
Foreign tourists visiting Istanbul hit 8 million in 2011
The number of foreign tourists visiting Istanbul has reached 8 million in 2011, official data said.
Minister Çağlayan: Turkey resents lack of Japanese investments
“We would love to see them be more generous and make more investments in Turkey,” said Turkish Economy Minister Zafer Çağlayan regarding the government’s frustration that Japanese investments in Turkey are below their desired level, Friday in Ankara.
Bank intervenes big in market
Turkey’s Central Bank directly intervened in the currency market on Dec. 30, in addition to a $750 million sale in a daily auction which collected $920 million of bids.
Turkey Stocks: Arcelik, Halkbank, Tupras, Vestel Are Active
Turkey’s benchmark ISE National 100 Index (XU100) fell for a second day, losing 0.6 percent to 51,204.58 at the close in Istanbul.
Discount for Russia gas
Ankara scored “a serious discount” on Russian natural gas after agreeing to allow Moscow to build a pipeline through Turkish waters, Energy Minister Taner Yıldız said yesterday.
"We are moving Davos to Istanbul and we would like to see you there”
While paying a visit to Prime Minister Erdoğan, Coca Cola CEO Muhtar Kent also offered a surprise invitation to Davos. Kent told Erdoğan, “We are moving Davos to Istanbul this year and we want to see you amongst us.”
2012 year of crisis, deputy warns
Turkish citizens became poorer during 2011 and 2012 is going to be a year of crisis, according to Umut Oran, a Republican People’s Party member of parliament and a former textile businessman.

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