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Tuesday, September 13 2011 , Your time is 15:58:00
The Netherlands-based travel fare aggregator website Booking.com on March 30 began to halt selling rooms in Turkey to Turkish users, one day after a court decision to block the website in the country
The number of Russian tourists visiting Turkey soared around 96 percent in February compared to the same month of 2016, although arrivals from Europe continued to decline, official data has shown.
Coca-Cola İçecek (CCI) said in a statement on March 30 that it plans to open its 10th plant in Turkey, in the southern province of Isparta, with a 110 million Turkish Lira ($30.1 million) investment.
Turkey was the fifth largest trade partner of the European Union last year, according to data from the Union’s statistical authority on March 29.
Boeing and Turkish Aerospace Industries have announced a contract extension to produce the Elevator for the 787 Dreamliner.
Turkey’s Economic Confidence Index improved for the second straight month in March, rising 5 percent to 96.1, data from the Turkish Statistics Institute (TÜİK) showed on March 30.
A top Turkish official has said a technical delegation will visit the United Kingdom to discuss the in-cabin ban on electronic devices, adding that he believes the U.K. will likely lift the ban for flights from Turkey
The head of the European Bank for Reconstruction and Development (EBRD) has said the bank does not expect Turkey’s strained ties with Europe to spill over to their economic relations, adding that Turkey will likely become the top recipient of the lender’s funds in 2017.
Over 407,000 new jobs were created between Jan. 1 and March 27 in Turkey, a top official has said, adding that around 1 million new jobs were expected to be offered by June
The arrest in the United States of a top Turkish banker charged with participating in a multi-year scheme to violate sanctions against Iran is a “completely political” move, Turkish Justice Minister Bekir Bozdağ told broadcaster A Haber on March 30, as reported by Reuters.
Turkey’s Meat and Milk Board (ESK) started offering carcass meat for cheaper prices to butchers and delicatessens to ease increases in red meat prices as of March 27
Loans by the Turkish banking sector were seen rising to some 175 billion Turkish Liras ($48.8 billion) in the first quarter from 120 billion liras in the same period a year earlier, a banking association chairman said, as reported by Reuters on March 27.
The main opposition Republican People’s Party (CHP) has questioned why all general board meetings of Turkey’s state-run lenders have been postponed until after the referendum, speculating that the government may be “afraid of something in their balance sheets.”
A strike at Turkey’s Akbank has been postponed by 60 days by the Turkish cabinet on March 20, the government has said in the Official Gazette.
German airline group Lufthansa and pilots’ union Cockpit said on March 15 they had struck a new deal to end a years-long battle over pay, pensions and jobs.
Some 357,000 new jobs were created between Jan. 1 and March 20 in Turkey, said a top official, adding that the rising unemployment rate would decrease by May or June.
Oil fell further towards $50 a barrel on March 27, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.
Saudi Arabia is having “serious discussions” with the New York Stock Exchange about having the NYSE as one of the exchanges for state oil giant Saudi Aramco’s IPO, the Saudi foreign minister told Fox News on March 23.
Toshiba’s loss-hit U.S. nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said on March 29, as the troubled division wrestles with huge losses and accounting fraud claims.
Foreign holidays remain a top priority for Europeans despite economic and security worries, tour operator Thomas Cook said on March 28, reporting a 40 percent jump in bookings to Greece and signs of a recovery in travel to Turkey and Egypt
Istanbul’s embattled tourism may lose in 2017 and the city needs urgent measures to be taken, as hotel room prices keep decreasing, a leading sector association has said.
European travel and tourism giant TUI has reiterated its target of reaching at least 10 percent growth this year after seeing solid demand for winter and summer bookings, despite lower demand for Turkey and North Africa.