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Tuesday market grows bigger with bigger woes
FETHİYE - Shopkeepers in Fethiye complain about unregulated stall holders at the town’s Tuesday market. As people claim that the market has grown ’beyond what is acceptable and become increasingly unregulated,’ some foreign residents and tourists are up in arms about stall holders’ behavior.
GM, Chrysler decide to drop 1,900 dealers
NEW YORK - The restructuring of troubled USauto giants hits dealers, as General Motors and Chrysler finalize plans to drop nearly 2,000 dealers. The current ’oversized network’has created stiff internal competition and gave customers to much leverage on prices, analysts point out. The decision is expected to wipe out 100,000 jobs
Mobius says Turkey an attractive market
ISTANBUL - Turkey is one of the four best markets to invest, along with China, Brazil, and South Africa, as the economic indicators in these countries are better compared to developed markets, Mark Mobius, executive chairman of Templeton Asset Management said yesterday.
Mobius says Turkey one of the most attractive four markets to invest
Turkey is one of the four best markets to invest, along with China, Brazil, and South Africa, as the economic indicators in these countries are better compared to developed markets, Mark Mobius, executive chairman of Templeton Asset Management said on Thursday.
Not-so-fresh apples of Raşit Çelikezer’s movie
ISTANBUL - Director of some of the acclaimed and much-loved Turkish sitcoms, Raşit Çelikezer, takes his craft to the big screen in ’Gökten 3 Elma Düştü’ (Three Apples Fell from the Sky), with disappointing results as he hurries his underdeveloped characters into a slur of heavy drama
Analyst sees gold chance in stocks
ISTANBUL - The global crisis has bottomed out, according to Erkin Şahinöz, chief economist at Eczacıbaşı Securities in Istanbul. The US dollar will start to fall, while those investing in gold may suffer this year, Şahinöz says, adding that investors may start buying Turkish stocks provided they are able to ’forget that they have bought shares’ for the next 18 months
Istanbul to have its first seven-star hotel
ISTANBUL - The first of the "Edition" series of hotels is going to be opened in Istanbul by the contract signed between Palmali Holding and Marriott Hotels. ’The Edition Hotel Istanbul' will offer seven-star comfort to its guests and will cost 100 million euros.
Low expectations in foreign capital in Turkey
ISTANBUL - Following record-breaking years in foreign direct investment, averaging $20 billion annually, Turkey’s bright performance will probably be shattered by the current global turmoil. With expectations for 2009 withering day by day, policymakers are pinning their hopes on 2010
Do not buy property before registry check
ISTANBUL - All necessary paperwork should be taken care of at title deed offices, experts are warning. People should undertake a thorough research to determine whether a property, be it a piece of land, a whole building or an apartment, is in a legally approved structure. Investing in problematic estates is not so rare
In the eye of the businessman, author, photographer
ISTANBUL - Mehmet Günyeli’s first solo photographic exhibition was entitled 'Viva Cuba Libre.' He has a strong interest in traveling and came to the conclusion that he should concentrate on three particular countries that he believes have maintained their originality in the face of globalization - Cuba, India and Morocco
Turkey’s defense companies: Big in words, small in numbers
I must confess, when I heard there was going to be a celebration at Turkey’s aerospace powerhouse, TAI, in the presence of Air Force Commander Aydogan Babaoglu, I thought the company would either be launching a golf course on its premises, or a manufacturing line for golf equipment. Well, knowing a few things about the Turkish defense industry, its companies and the general’s love affair with golf, I even thought TAI would now boast a complete golf course made of composite grass. I was wrong.
Marina in Mersin awaits its manager
MERSİN - A newly-built marina in Mersin, which awaits a management firm, is used as a maintenance center for fishing boats, and for inexpreinced drivers to practice their skills. Measures should be taken immediately to preserve the infrastructure of the facility, experts say