2020-June-16

June 1 saw Turkey reopen tourist spots and hotels across the country, whilst also resuming intercity travel and domestic flights. By the middle of June, the country opened flights to foreign visitors as the country adjusts to the new normal.

2020-June-16

Due to the coronavirus, the Grand Bazaar was forced to close its doors on March 23. There are nearly 3,000 shops that employ over 30,000 people in the Bazaar and after completing a deep clean, the Grand Bazaar opened again after a two-month closure.

2020-June-11

We're hearing a lot about a post-covid slump. But the reality is very different: in Turkey, industry experts are predicting as many house sales in the next two months as in a normal year, thanks to a collaboration between Turkey's three largest banks and state developer Emlak Konut, who are helping first-time buyers to get off the blocks and onto the property ladder.

2020-June-09

In a report from a top Turkish business leader, he spoke of how British officials are aiming to boost bilateral trade with Turkey to reach 20 billion USD by the end of 2023. Osman Okyay, the head of the Foreign Economic Relations Board (DEIK) Turkey-UK Business Council said that the bilateral trade value last year stood at 16.3 billion USD.

2020-June-09

May 11th saw some shopping malls in Turkey open again as part of the country's efforts to ease the measures put in place due to the coronavirus. It has been reported that some have already reached up to 65% of their turnover.

2020-June-05

Due to the impact of the Coronavirus pandemic, the Turkish economy, as well as many other countries expect their economies to shrink this year. However, the European Bank for Reconstruction and Development (EBRD) has forecast that the Turkish economy will bounce back next year by 6%.

2020-June-05

Ruhsar Pekcan, the Turkish Trade Minister announced recently that Turkey is to reopen the economy on the 1st of June. The country had been in lockdown for over two months because of the Coronavirus.

2020-June-03

As Turkey prepares to move into a post-coronavirus world, tourism operators are trying to anticipate what tourists might want, and that includes socially distant holidays. The owner of a caravan park in Izmir, on Turkey's Aegean, is one such operator pivoting in the new climate. He has fielded three times as many clients as usual, he says. 

2020-May-27

Turkey's coronavirus success has meant the country is poised to make a swift recovery. Tourism, a mainstay of the Turkish economy, all but closed during the pandemic. Now, the country is poised to open its doors, with countries making a staggered return starting on June 1. 

2020-May-20

Whilst the short-term perspective of the global economy is looking disappointing due to severe contractions from the COVID-19 Coronavirus outbreak, experts suggest that early indications are showing that Turkey is an emerging market that will offer excellent investment opportunities despite the diminution.

2020-May-20

Data released has showed that the sale of automobiles fell 23.6% in Europe in the first quarter after declining demand and increasing interruption in the global supply chains, whereas Turkey recorded a huge 44% increase thanks to strong demand.

2020-May-19

Turkey's health tourism industry is a vital part of the country's economy. With coronavirus cases in Turkey falling, the country is looking to restart its tourism industry, starting with allowing citizens of 31 countries the opportunity to travel to Turkey to access vital healthcare facilities. 

2020-May-14

With coronavirus infections easing in Turkey, restrictions on its populace are lifting. Malls are opening, salons are open for business, and people are venturing out for the first time in weeks. Children and elderly people, who were ordered inside by the government, are finally getting a taste of freedom after almost eight weeks.

2020-May-13

These may be socially distanced times, but the desire to go on holiday remains strong. Tourism might look a little different for a while, but it'll soon be back on its feet. In the meantime, tourists are making enquiries about destinations that are private, out-of-the-way, and laid back. Kalkan, which is all of these, is about to experience a surge of popularity.

2020-May-12

The Turkish trade minister has said on Friday that in the coming period, Turkey will prioritise making new and smart investments into the food, health and digitalisation industries across the country.

2020-May-12

Jellyfish and octopuses have been seen gliding through the narrow canals of Venice, mountain goats causing havoc in towns across Wales in the United Kingdom, as well as dolphins taking residence in the Bosphorus in Turkey’s own heart, Istanbul. Mother Nature is taking back what was hers around the world, and Turkey is no exception to this.

2020-May-04

The chairman of the Real Estate International Promotion Association (GIGDER), Faruk Akbal stated that foreign buyers have purchased properties in Turkey online worth more than 100 million Turkish Lira (14.3 million USD) in March 2020, as the industry evolves during the coronavirus pandemic.

2020-May-09

According to company Chairman Vahap Kucuk, LC Waikiki, the national clothing retailer in Turkey has turned their hand to producing 40 million face masks each week without any profits being made. LC Waikiki has done this in order to help support the Turkish fight against the spread of the deadly coronavirus currently affecting the world.

2020-May-09

The Turkish Tourism Minister has announced that Turkey is launching a COVID-19 certification system that will be internationally recognised and be able to advertise areas that are free of the Coronavirus virus, in the hope that touristic areas and facilities will see a revival.

2020-May-04

With Turkey's coronavirus cases falling, it seems the country is turning the tide on the pandemic that has caused a global shutdown. Now, the country's malls are planning a reopening. While some say it's premature, for the retail sector the cautious re-emergence is positive news.

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