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 Turkish export unit value rises by 16.5% in July
Export unit value rose by 16.5 percent in July 2011 when compared to the same month of last year. |
 Growth up in second quarter, current account gap widens
Turkish gross domestic production posted 8.8 percent growth in the second quarter of the year, according to official data, thus being the world’s second fastest growing economy after China. The country’s current account deficit, however, continued widening in July, recording a deficit of $5.3 billion, Central Bank data show |
 Turkish deputy premier sees no inflation risk
Turkish Deputy Prime Minister Ali Babacan has said that the government saw no inflation risk in coming period. |
 Turkey to tighten work safety rules, inspections
Turkey is preparing to demand all businesses, even those with just a single employee, fulfill all work safety regulations, the country’s labor and social security minister said Sunday at a conference. |
 Mega Middle Eastern Companies eye Turkey for investments
Global Capital Management, the alternative asset management arm of Kuwait´s Global Investment House, is planning a $350 million private equity fund in Turkey, one of two funds the firm is eyeing for launch, its managing partner said on Monday. |
 Turkey´s GDP up 8.8 percent in second quarter
Turkey’s gross domestic product grew 8.8 percent in the year’s second quarter, compared to the same period last year, above market consensus of 6.8 percent, according to data published by TurkStat - Turkey’s statistics agency. Meanwhile, the current account deficit recovered to $5.3 billion in July, from $7 billion a month earlier, according to figures published by Turkey´s central bank. |
 Turkey frees up banks´ lira reserves to strengthen crisis defence
Turkey´s central bank unveiled a series of policy changes on Monday aimed at boosting banks´ liquidity and increasing its own foreign exchange reserves as global growth slows and the European debt crisis hammers investor confidence. |
 Finance hub to encompass 177 hectares
Preparation work on Istanbul’s new finance center has been launched by the Turkish Environment and Urbanization Ministry, according to an Anatolia news agency report. The center will cover a 177-hectare area in the Ataşehir district on Istanbul’s Asian side. When completed, it will be bigger than the finance districts in New York, London, Dubai and Hong Kong, according to the report. |
 Safety and Health at Work Fair opens doors
A "Safety and Health at Work" Fair was opened at Istanbul´s Halic Congress Center on Sunday as part of the 19th World Congress on Safety and Health at Work. |
 Istanbul to host boron conference
The 17th International Boron Symposium will take place in Istanbul on Sept. 12-17. |
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