New motor vehicle registrations last month fell 9.8% on a yearly basis Turkey registered 52,080 new motor vehicles in May, according to Turkish Statistical Institute (TÜİK). The country’s statistical authority said the number of new motor vehicle registrations last month fell 9.8% on a yearly […]
BUSINESS
Turkish company to manufacture drone cargo aircraft
TAI is ready to manufacture a drone cargo plane for Turkish armed forces Turkish Aerospace Industries Inc. (TAI) to manufacture drone cargo aircraft, according to Anadolu Agency. Ismail Demir, the head of Turkey’s Defence Presidency (SSB), tweeted on last week that TAI to manufacture the […]
Wind power capacity goes higher rapidly: association
Turkey’s wind energy potential is 90.000 MW, while İzmir has the highest installed capacity Hakan Yıldırm, Chairman of Turkey Wind Energy Association (TÜREB), said current total installed wind power capacity was 8.000 megawatts (MW) but potential up tp 90.000 MW. The wind power technology is […]
PTT should become e-commerce platform in the region: minister
Minister said ePttAVM.com will become one of the top five e-commerce platforms in the region Adil Karaismailoğlu, Minister of Transport and Infrastructure, said state-run postal service PTT to become one of the top e-commerce power players in the region. Adil Karaismailoğlu told the government has stepped […]
Passenger aircraft flies for e-export during COVID-19: Modanisa
Modanisa one of the first e-commerce companies starting e-exports in days of pandemic The COVID-19 did not interrupt sales of Turkish modest apparel and e-commerce site, Modanisa, which amid high demand even used commercial aircraft to continue exporting to 130 countries, according to Daily Sabah. […]
London, Ankara make progress in trade deal talks: minister
Any Turkey-U.K. free trade deal would only be able to take place following an EU-U.K. free trade deal U.K.’s Secretary of State of International Trade and Minister for Women and Equalities Liz Truss said progress has been made in ongoing talks on a trade deal […]
Turkey’s GDP per capita index went down in 2019
Among 37 countries involved in the comparison, Luxembourg was the country with the highest index of GDP per capita with 261 Turkey’s gross domestic product (GDP) per capita index based on purchasing power parity (PPP) was 61 while the average for the EU countries was […]
Engineers start to work at Turkey’s first nuclear plant after trainings in Russia
Trainings lasted 6 years and more than 140 engineers to start work at the nuclear plant Turkey’s first nuclear power plant’s new Turkish staff members, who were trained in Russia for more than 6 years, have said that “zero-defect policy” was at the heart of the challenging […]
Türk Telekom to use Yuan for trade with China
Using yuan to remove the obstacles for using local currencies in bilateral trade Turkish telecommunications company Türk Telekom took the first step to trade in local currencies through a new mechanism provided by Turkey and China’s new swap agreement on June 19, Hürriyet Daily News reported. The […]
EU offers €4.4 mln grant for Turkish tech projects
11 companies from various industries to be backed The EU Commission backs several Turkish firms’ tech-related projects, announced the Scientific and Technological Research Council of Turkey (TÜBİTAK) last week, according to Hürriyet Daily News’s story The commission to grant a total of €4.4 million ($4.94 million) to Turkish companies […]