Turkey’s industrial production up 1.7 percent in February

Turkey’s industrial production increased by 1.7 percent in February 2015 from the previous month, and 1 percent from the same period in the previous year, the Turkish Statistical Institute (TÜİK) said in a statement on April 8. According to TÜİK, the largest increase was in the manufacturing of basic pharmaceutical

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A PAL for children with diabetes made an excellent start

NETUBA TRADE AWARD-Nominee TNO developed a Personal Assistant for a healthy Lifestyle (PAL) it helps children with diabetes to improve their self-management. The PAL takes the form of a social robot and its mobile avatar to play educational games with and keep track of self-management objectives. PAL is an European

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Turkey refining processing capacity

Rising demand for fuel and oil derivatives, combined with an expanding petrochemicals sector, is driving growth in Turkey’s refining industry, with competition set to heat up over the next few years for the increasingly lucrative market. In March, Turkey’s sole oil and petroleum products refiner Tüpraş posted a net profit

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Customs Union

Turkey and EU agree to update Customs Union

Turkey’s Justice and Development Party (AKP) government and the European Union have quietly decided to upgrade the Customs Union which, in the long run, might serve to stop “corruption allegations” and also boost the country’s competitiveness. Talks about revising the Customs Union, which is in its 20th year, have long

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Organik Kimya wins NETUBA Trade Award

NETUBA TRADE AWARD 2015, AND THE WINNER IS: During a crowded event last week at the City Hall of Rotterdam, hosted by Rotterdam Mayor Aboutaleb and attended by the Turkish and Dutch ambassador, representatives of Dış Ekonomik İlişkiler Kurulu (DEİK) and many high level representatives of Dutch and Turkish business

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Turkey's Central Bank headquarters is seen in Ankara

Turkey’s Central Bank keeps interest rates steady following Erdoğan and Governor meeting

he Turkish Central Bank (CBRT) has kept the benchmark interest rate steady at 7.5 percent and the overnight rate at 10.75 on Tuesday afternoon following a presentation by CBRT Governor Erdem Başçı and Deputy Prime Minister Ali Babacan to President Recep Tayyip Erdoğan last week. “The ongoing cautious monetary policy

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Sarıkamış Harekatının 100. yılı

Stratfor: Turkey to emerge as major regional power in the next decade

Stratfor, a well-known American publisher and global intelligence company, has predicted that Turkey will emerge as a prominent regional power in the next 10 years, in its recently published fifth Decade Forecast. Turkey will expand its scope of influence in the Middle East and the Balkans, and the competition between

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eroglu mexx

‘Turkse koper tornt niet aan stijl Mexx-kleding’

Curator Frits Kemp is blij dat juist het Turkse concern Eroglu zijn oog op Mexx heeft laten vallen. De onderneming heeft de modeketen woensdag overgenomen. Kemp verwacht dat de koper trouw blijft aan de stijl van Mexx. “Ze zijn gek als ze het niet doen”, zegt de curator tegen

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