Known all over the world for its carpets and clothes, Turkey has long held a major place in the world textile and ready-to-wear markets. In recent times, however, that status has been challenged by lower-cost Asian producers, obliging the sector to go further upscale, and capitalise on its great structural flexibility in order to beat...
Turkey
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Articles & Analysis | Keeping up with tradition: Sales of textiles and clothing remain steady from The Report: Turkey 2013
Interviews & Viewpoints | OBG talks to Sani Şener, President & Group CEO, TAV Airports from The Report: Turkey 2013
What are the government’s goals for the aviation sector in Turkey over the next decade, and what is the likelihood of these objectives being achieved? ŞENER: Throughout the 2000s, Turkey’s aviation business performed strongly. Three main factors contributed to this success: outward foreign economic policy, political stability and the successful privatisation of...
Articles & Analysis | Making the grade: An upgrade by one of the major ratings agencies spurs capital inflows from The Report: Turkey 2013
On November 5, 2012, Turkey’s financial industry finally received the news that it had been waiting for all year. Fitch, the international ratings agency, had upgraded Turkey’s sovereign credit rating to BBB-, the lowest level within the coveted category known as investment grade.
Interviews & Viewpoints | Mehmet Ali Neyzi, CEO, STFA, on the history of the sector from The Report: Turkey 2013
When the Republic of Turkey emerged from the ashes of the Ottoman Empire 90 years ago, the fledgling nation had little indigenous industrial capacity. This was especially clear in the construction sector, which was dominated by foreign firms. Things began to change during the Cold War climate of the 1950s, when Turkey began receiving more development assistance from the...
Articles & Analysis | IST30: Exchange-traded fund from The Report: Turkey 2013
Composition
IST30 is the first exchange-traded fund (ETF) based on the BIST 30 National Index (BIST 30) in Turkey. An ETF is an investment vehicle that combines key features of traditional mutual funds and individual stocks. ETFs represent a variety of...
Articles & Analysis | Breaking barriers: The logistics sector moves to unify national trade networks from The Report: Turkey 2013
Continued economic progress in Turkey will require greater private investment in logistics services, which would help local firms enhance their competitiveness in the global marketplace through cost savings and faster order fulfilment. The government also has a key role to play by facilitating the development of transport infrastructure,...