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World Turkish Entrepreneurs Congress to take place in Istanbul on November 18-19 The World Turkish Entrepreneurs Congress, organized by the Foreign Economic Relations Board (DEIK) of Turkey, will take place in north-western province of Istanbul on November 18 and 19. |
Turks put money in short-term deposits Turkish investors prefer to put their savings, be it Turkish Liras or foreign exchange, in short-term deposits, usually for three months, according to data published by Turkey’s Central Bank. |
Exports of steel&iron up to reach 12.6 billion USD Turkey´s exports of steel and iron reached to 12.6 billion USD in the first ten months of 2011, data showed. |
Government joins 11.11.11 celebrations with 111 new facilities The Turkish government on Friday celebrated the triple convergence of 11s by inaugurating 111 new facilities in the country. |
Turkey lacks oil but not entrepreneurs The rapidly growing Turkish economy has to find new and sustainable financing instruments to support entrepreneurs to elevate the country’s competitiveness, the head of Turkey’s top business association said yesterday. |
Italy ranks second in Turkey´s exports Italy became the second country to which Turkey exported the most as of the end of October 2011. |
Grocery chain’s profit beats estimate Migros, Turkey’s second-biggest grocer, said third-quarter profit was 91.3 million liras ($51 million), exceeding estimates, as the company aims to add 100 stores a year in the medium-term. |
Turkey acted properly in euro crisis, says official from German business world Hans-Olaf Henkel, the former head of the Federation of German Industries (BDI), has said that Turkey acted properly in euro crisis. |
Real estate sector draws big foreign investments A report by a Turkish real estate association says foreign direct investments in the sector has reached a two-year high in the second quarter of 2011 with $200 million. Warehouses, offices and shopping malls top the demand. |
Central bank: Turkey starting to tame its CAD Central bank Governor Erdem Başçı said on Monday that Turkey has been successful in minimizing a drastic increase to its current account deficit (CAD), which is one of the worst structural problems in Turkey´s fast-growing economy. |
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