Recent developments in IT infrastructure and the country’s young demographic – the youngest in Europe – are compelling Turkey’s media sector to adapt to a new industry landscape. Traditional methods and platforms for accessing media are declining, replaced by new demands that require creative innovation to keep revenues high and growth sustainable...
Reforms to bring the country more into line with EU standards, driven by a widespread desire to make Turkey a more democratic and free-market-based economy, have gone hand-in-hand with increased government popularity, stability and economic growth. Indeed, there is a great new confidence in Turkish politics and society. This has also led to a...
The present Commercial Code – the basic law governing companies – has been in force since 1957 almost without modification. Its replacement has now been enacted and comes into force in stages. The first main stage is expected to be implemented on July 1, 2012.
If Turkish tourism sector has been struggling to breaking into the high-value visitor market, the tides may be turning. The past two years have been characterised by a marked increase in arrivals from the Middle East. Drawn by Turkey’s growing regional presence, expanding facilities and cultural similarity, Middle Eastern guests are diversifying –...
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