Turkey can play a significant role in the region

A US statesmen and famed scholar, Henry Kissinger has said that Turkey can play a huge significant role in the region once the United States start to withdraw. Kissinger said in a conference in Istanbul: “Turkey will fill part of a regional void left by the US as it withdraws from Iraq and eventually Afghanistan.” … Continue reading

Turkish automotive production and exports rise

Figures released by the Automotive Industry Association (OSD) have shown that total production and exports in the Turkish automotive industry have risen in the period of January to September 2011. The figures show that total automotive production has risen by 13 percent to 884,000 in the period. Car production alone had risen by 8 percent … Continue reading

Turkey gold exports on the rise

According to new data, Turkey now rank second after India in the exporting of gold sector. The data, by the International Monetary Fund, global consultancy company GFMS, Istanbul Chamber of Jewellery (IKO) and the Gold Miners Association (AMD) showed that Turkey now exports $1.25 billion worth of gold accessories and jewellery every year, Turkish gold … Continue reading

Foreign investors look to safe Turkish market

A report by the International Investors Association (YASED) has found that Foreign Direct Investment (FDI) in Turkey is set to hit 12 billion USD by the end of the year, making Turkey a prime location for investors. The report said: “Due to positive expectations, Turkey dissociates with the rest of the global economic habitat that … Continue reading

Turkey secure Euro 2012 playoff spot

Turkey has secured a spot in the playoffs for next year’s European Championships after defeating Azerbaijan 1-0 in Turkey on Tuesday. A solo goal from Burak Yilmaz was enough to see off a tough Azerbaijan to allow Turkey to finish second in the Group A encounter. Turkey had needed Germany to beat Belgium to stand … Continue reading