There is an air of expectation as the country awaits the outcome of the investigation into the “cosmic room.” Nobody has an answer to the question of what’s inside the cosmic room.
State’s dirty laundry might come out with ‘cosmic room’ search
Turkish Exporters Assembly (TİM) President Mehmet Büyükekşi said on Friday that his group’s prediction for Turkey’s 2009 exports is $100 billion.
TİM head: Exports to reach $100 bln by 2009 year-end
Companies in Turkey are increasingly switching to solar power in an attempt to reduce electricity expenditures following consecutive hikes in prices.
Electricity price hikes spark switch to solar power to reduce expenses
Government revenue from privatization in 2009 fell to less than half the 2008 figure as the global economic crisis and obstacles to privatization took their toll on income derived from the sale of state-owned enterprises.
Revenue from privatization takes a dive during rough 2009
The global financial crisis took less of a toll on the Turkish textile sector in 2009 when compared to other sectors and previous predictions, despite the fact that the sector suffered the worst economic downturn in a decade. Authorities cite complaints about a lack of necessary initiatives as a hindrance to their ability to rejuvenate [...]
Minister of Labor and Social Security Ömer Dinçer said the government has already taken serious steps to improve the conditions of workers covered by Article 4-C, which deals with workers in privatized state economic enterprises, and underlined that workers at the state's tobacco and alcohol monopoly, TEKEL, should put an end to their demonstrations.
Government [...]
Many investors are pleased with the performance of Turkish stocks over the past year, as the İstanbul Stock Exchange (İMKB) benchmark index nearly doubled.
Bourse best place for investors in 2009
Venezuela’s state oil company has announced a deal with the Italian company Ente Nazionale Idrocarburi for producing and refining crude from an exploration project in the eastern strip of the Orincoco basin.
Venezuela in oil production deal with Italy’s ENI
Turkey yesterday switched to using the International Bank Account Number (IBAN) system for national and international money transfers, ushering in a new era of internationally integrated banking.
IBAN brings new era of confusion-free money transfers
China’s economic growth looks set to accelerate into the new year, with booming factories driving a December manufacturing survey to a 20-month high while South Korea’s exports to the country surged on strong demand.
China factories boom in Dec, demand lifts Korea’s exports