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 Turkish business world expects country to offer good opportunities in 2012
Turkish business world expects Turkey to offer good business and economic opportunities in 2012. Turkey, which grew 11.6 percent in the first quarter of 2011 and 8.8 percent in the second quarter, is the second most rapidly growing country in the world and the most rapidly growing country in Europe, thanks to this pace. |
 Cash ban starts in Turkey after new rules
Hundreds of thousands of consumers in Turkey have been forbidden from withdrawing cash unless they pay off some of their debt, according to new rules from the Banking Regulation and Supervision Agency (BDDK). |
 Survey says $12 bln international direct investment to flow into Turkey this year
Nearly 12 billion U.S. dollars of international direct investments would flow into Turkey in 2011, a survey of the International Investors“ Association (YASED) said. |
 Turkey´s industrial production below forecast
Industrial output in Turkey grew at its lowest level since the beginning of the year in August, at a yearly rate of 3.8 percent, data shows. The slowdown is in line with Turkish Central Bank’s ‘soft landing’ scenario, economists say |
 Russia´s Sberbank eyes Dexia´s Turkish unit: report
Russia´s largest bank Sberbank is looking to acquire DenizBank, a Turkish subsidiary of the struggling Franco-Belgian lender Dexia, a source close to Sberbank told the Interfax news agency on Friday. |
 New system to ease red tape in deed transactions abroad
Turkey allows its citizens living within the country to apply for a deed online, but these services will be expanded to serve those living abroad, by hiring deeds recorders in Turkish embassies in countries with a strong Turkish presence. |
 Turkish industry minister addresses Developing 8 summit
Turkish Science, Industry and Technology Minister Nihat Ergun on Thursday delivered a speech at closing session of the industry ministers´ summit meeting of the Group of Developing 8 in Istanbul. |
 Lira game dangerous, former bank governor, economists say
As the Central Bank keeps on putting high amounts of dollars in auction to support lira, former bank governor says the Turkish government shouldn’t have announced an inflation target. The Bank’s intervention is not sustaniable, economists argue. |
 Economy minister says foreign capital inflow to Turkey doubles
Caglayan said that foreign capital which flowed in Turkey in 2010 was 9.3 billion USD, adding that it was 10.1 billion USD in the first eight months of 2011. |
 Turkey repays 97.4 million USD in foreign debt between Oct. 1-5
Turkey repaid 97.4 million USD in foreign debt between October 1 and 5, the Central Bank said on Thursday. |
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