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A double holiday!
Today Turkey celebrates the start of the Ramadan Holiday as well as the nation’s Victory Day. President Gül and Prime Minister Erdoğan will first attend ceremonies in Ankara to celebrate Victory Day, a holiday held on August 30th to commemorate the final battle in the Turkish War of Independence in 1922, before moving on to Istanbul.
Turkey´s Sabancı group posts 1.1 bln liras in profits
Sabancı Holding, Turkey’s second biggest group of companies, posted a net profit worth 1.104 billion Turkish Liras in the first six months of 2011, the company announced in a statement on Thursday.
Firms build malls in three continents
Turkish construction firms are expanding their investments in malls abroad and thus giving way to exports of more ‘made in Turkey’ brands, an expert says
Turkey end-July central govt debt stock at 501.4 bln lira
Turkey´s central government gross debt stock reached 501.4 billion Turkish liras (nearly $280 billion) at the end of July 2011, Turkish Treasury said on Monday.
CBank survey raises inflation, c/a deficit forecast
Expectation for Turkey´s year-end current account deficit rose $1.22 billion to $71.99 billion as inflation forecast also increased to 7.21 percent from 7.19 percent, according to a Central Bank survey released on Monday.
Izmir is Candidate to host Skål World Congress 2014
President of International Skal Club of Izmir; Haldun Palanduz announced that Turkey’s Aegean city of Izmir is officially becomes a candidate to host Skål International World Congress 2014.
Independent bodies in Turkey attached to ministries after new decree law
Some 10 independent regulatory and supervisory authorities in Turkey will be under the supervision of respective ministers, following a recently approved decree law. Most of the bodies were established after the 2001 crisis to regulate and control financial and capital markets. Officials refused to comment on the changes
Turkish economy minister says they work on a new concept
Turkish Economy Minister Zafer Caglayan has said that they were working on a new concept for the free trade zones.
Reduced tourism budget has room for Israel, Syria
Turkey’s budget for global tourism promotion will radically drop next year. However, Israeli and Syrian holidaymakers are the campaign’s targets despite disputes
Turkey Once Again attends IT&CM China
Turkish Culture and Tourism Ministry announced the country’s participation to IT&CM China; the leading professional Meetings, Incentives, Conventions and Exhibitions (MICE) business and networking event in China.

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