Although Amazon is an American-based company, it is one of the few e-commerce sites in the world where everyone can trade and shop. Amazon.com had made Turkey the latest entry into the market. Let’s look closely to the success statistics of Amazon in global market and Turkish market. Amazon’s net profit in 2018 was $
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August 9, 2019
July 31, 2019
TURKISH COMPANIES IN UKRAINE
There are around 600 Turkish companies in Ukraine. They mainly operate in clothing retail, telecommunications, aviation, logistics, construction, wood products and food. However, in contrast to our investments in some other countries, Turkish companies are not clustered in only a few sectors and they exist in different sectors such as machinery, health, energy and cosmetics
July 17, 2019
HAIR TRANSPLANTATION SECTOR REVENUE IN TURKEY EXCEED 1 BILLION DOLLARS
Located in the top 5 in the world in health tourism, hair transplantation economy grew last year to over $ 1 billion in Turkey. In recent years, Turkey has become a place frequented by patients from all over the world, in health tourism. Foreign Economic Relations Board (DEIK) Health Commissioner Servet Terziler, made a speech
July 16, 2019
THE S400 MISSILE HARDWARE JOURNEY FROM RUSSIA TO TURKEY
The delivery of S-400, which puts pressure on the economy and causing tension in Ankara-Washington line, finally started after a long time. After the positive explanations of US president Donald Trump after his meeting with Turkish president Recep tayyip Erdoğan in G20 in Japan, people consider that the sanctions will be off the table with
July 16, 2019
FREE ZONE ADVANTAGES IN TURKEY
Since 1987, the freezones in our country mainly established on the basis of to promote export-oriented investment and production are located as; in Mediterranean coast; Mersin, Antalya and Adana – Yumurtalik Free Zones, in Aegean Region; Denizli and İzmir Free Zones, Marmara Region; İstanbul Industry and Trade, İstanbul Trakya, Europe, Kocaeli, Tübitak-Mam Technology and Bursa
July 16, 2019
TURKEY’S FIRST INTERNATIONAL BALLOON FESTIVAL IN CAPPADOCIA
Turkey’s most important tourism centers in Cappadocia, international hot air balloon festival will be held for the first time. Cappadocia International Hot Air Balloon Festival, which will be held between July 3-8, was held in Ürgüp. Mehmet Maraşlı, Urgup Mayor Mehmet Aktürk and Mehmet Halis Aydoğan, owner of Voyager Balloons, gave information about the festival
June 18, 2019
RESULTS OF THE YEKA 2 WIND TENDERS
Enerjisa won the 250 MW Çanakkale Region YEKA Wind Energy Plant-2 tender with the lowest bid, 3.67 cents per kWh. Enerjisa also won the 250 MW Aydın region of YEKA -2 tender. Wind power plant capacity allocation auctions opened by Turkey Electricity Transmission Co. (TEIAS), and was held under the chairmanship of the commission of
June 18, 2019
ROOF TOP SOLAR PLANTS ‘LEASING’
With the recent amendments made in solar energy, business owners will be able to install solar power plants on their roofs by paying leasing installments for the first 5 years as electricity bills, and then they will be able to produce electricity free of charge. QNB Finans Leasing and Solarçatı Installation Services Inc. signed a
May 30, 2019
9 COMPANIES APPLIED TO YEKA-2 (Renewable Energy Resource Area) WIND TENDER
The Ministry of Energy and Natural Resources started with the participation of 9 companies in total wind energy renewable energy resource areas (YEKA) for 4 different regions. Ministry of Energy and Natural Resources Deputy Minister Abdullah Tancan is the chairman of the tender held in the Ministry. With this YEKA-2, it is targeted to gain
May 28, 2019
THE NEW ECONOMY PACKAGE OF TURKEY
Treasury and Finance Minister Berat Albayrak stated that with the participation of three public banks in three main fields of activity, 30 billion liras of financing will be provided by the end of the year with the IVME (Forward, Efficient, National Industry) Financing Package. Albayrak reminding that they will adopt a model that prioritizes export-based,
May 28, 2019
THE SEMA CEREMONY
The Mevlevi Sema Ceremony is a mystic ceremony which symbolizes the degree of the path to God, contains religious elements and themes, and thus has detailed rules and qualities. The ceremony is composed of naat, ney transition, prelude, devr-i Veledî, and four salutes, each with different mystical meanings. Sema Ceremony is performed with Mevlevi music
May 28, 2019
TURKEY’S ENDEMIC RICHNESS
Turkey has a rich biodiversity, medicinal plants and fruit trees as economically important species such as the gene center stands out. Turkey, which hosts forests, mountains, moorlands, wetlands, marine and coastal ecosystems, carrying a small continent in terms of biodiversity characters with different formats and combinations Turkey’s fauna diversity, with the extent of wealth that
May 17, 2019
TURKEY’S TRADITIONAL ART EXPORT
Among the traditional Turkish arts, we can also list the arts performed today as well; miniature craft, ceramics, wood crafts, glasswork, stonemasonry, marbling art, caligraphy, carpet weaving. Turkey’s exports of cultural goods consisting of more than 70 percent of the handicraft products, increased by 38 percent during 2015-2017 rose to 24.6 billion liras from 17.8
TURKEY – USA GETTING BACK TOGETHER
G20 Leaders Summit, hosted by Japan, held. The summit, which took place in Osaka and was expected to be marked by differences in issues such as trade, climate change and Iran, lasted two days. Turkey’s President Recep Tayyip Erdogan, in the scope of the G20 Leaders Summit held in which the contact INTEX Osaka Exhibition