09 June 2020
Trade between Turkey and UK could reach 20 billion USD 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.09 June 2020
Turkish Shopping Malls already reach 65% of their turnover 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.05 June 2020
Turkish economy to bounce back by 6% next year 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%.05 June 2020
Local businesses in Turkey expected to recover swiftly 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.03 June 2020
Could caravan holidays be the next big thing in Turkey? 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.27 May 2020
When can I fly to Turkey? Sooner than you think 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 1.20 May 2020
Turkey emerging as top post-pandemic investment market 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.20 May 2020
Despite the Coronavirus Turkey sees auto sales up 44% in Q1 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.19 May 2020
Turkey opens its doors to health tourists 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.14 May 2020
Istanbul's children get their first taste of freedom 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.13 May 2020
Could Kalkan be the ideal isolation destination? 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.12 May 2020
Focus on food, health and digitalisation in coming period for Turkey 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.