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Software whizzes behind export rise
ISTANBUL - The young masterminds of Turkish software engineering create miracles in regional exports, crunching away the codes in all circumstances. They sometimes cannot go home for days and rarely sleep, but thanks to their work, the sector has reached an annual volume of $1.5 billion. Today, a handful of innovative companies export Turkish-made software to dozens of countries
Aggressive exporters help economy
ISTANBUL - The global logistics sector has been hit hard by the worldwide crisis, but Turkish exporters have managed to lessen the damage, according to Michel Akavi, DHLExpress regional director. ’Exporters seem to be experienced in crisis management, as we see a geographical and industrial diversity in shipments,’he says
Failure to beat iPhone puts Nokia sales at risk
HELSINKI - Failure to utilize the power of third-party applications and software in mobile phones is putting Nokia’s market share at risk, as even fellow Finns have started to choose iPhones and similar gadgets over Nokia. The Finnish company’s global sales of smartphones fell to 41.2 percent in the first quarter.
Gov’t optimistic, works on new map
ISTANBUL - Economy Minister Ali Babacan says the government is working on a mid-term economic program, without mentioning the International Monetary Fund. Turkey would be ’the best’ among G20 nations in terms of its debt-to-gross domestic product ratio and budget, he says.
Top business group offers a ’model economic partnership’
ISTANBUL - Both Turkey and the US government need to focus their efforts in improving economic relations, according to a Turkish Industrialists' and Businessmen's Association report. Both sides need to develop programs to encourage Turkish and American companies located in Turkey or its surrounding countries to engage in joint ventures, says the TÜSİAD report
Hungarian FM Göncz: New concept in visa regimes
ISTANBUL - A new concept was introduced in Turkey’s diplomatic world this week; a visa center set up by the Hungarian government will have the authority to represent other countries in the granting of European Union visas, starting with Slovenia and Estonia.
Qatar welcomes Turkish partners
DOHA -Unfazed by the crisis, Qatar welcomes Turkish investors, in its drive to construct infrastructure. With an improved approach, the business volume of Turkish construction firms in Qatar could reach $10 billion in four years, says the chair of the Turkish Businessmen Association in Qatar.
An election campaign as spicy as Adana food
ADANA-Adana is one of the most interesting cities as far as local elections are concerned because the outcome is open to surprises. It will also be a test case to see what comes first for voters: the candidate or the party. The city’s incumbent mayor is running for the fifth time at 71, this time on the MHP ticket
Koç founds Unicredit Securities
ISTANBUL - Koç Finansal Hizmetler, a financial services company, has founded UniCredit Securities AŞ, that will be active in institutional investment banking. The company, jointly owned by Koç Group and UniCredit, will work by utilizing the resources of San Securities, which was acquired before.
The heyday of gilding in the Ottoman Empire
ISTANBUL - The illustrious years of tezhip (gilding) in the Ottoman Empire lasted from Fatih Sultan Mehmed to Kanuni Sultan Süleyman, approximately 100 years. Then in tandem with the slow decline of the Ottoman Empire, the quality of education and training, standards and materials underwent a similar deterioration