News

The start of the New Normal begins

So some positive news this morning Turkish Airlines produces flight plan commencing June. Domestic Flights will also commence and international flights. 'Turkey's national flag carrier will resume domestic flights in June and reintroduce international flights gradually. The three-month flight plan, starting in June will include Turkish Airlines flying to 22 destinations in 19 countries, including Canada,...

FITCH’s Review of Turkey During Covid-19

Many countries around the world have introduced measures to try and ease the impact of Covid-19 on the economy, and Turkey is no different, with the Central Bank increasing it’s bond buying programme, postponing debt payments, increasing the limit of the credit guarantee fund and the government reducing the tax burden for various industries and sectors. Economies have taken a huge hit in recent weeks as...

Turkey could be favored as the top summer destination

A programme on German TV channel Welt-TV announced on Thurdsay that Turkey is going to be this years top summer destination for its German tourists due to how well the country has handled the pandemic of COVID 19. Turkey has been taking very positive steps on how to face the pandemic. According to the tourism minister, Turkey is getting ready to launch an internationally certification system for...

100th Anniversary for Turkey’s National Sovereignty and Children’s Holiday

Today, 23 April 2020, is National Sovereignty and Children's Holiday in Turkey 100th Anniversary, a very special day and landmark day celebrating 100 years since the opening of the first Grand Assembly- the first parliament of the Turkish Republic. A special day, but a day no one could have predicted a few months ago, empty streets in villages, towns and city's not many celebrations to be seen to mark...

Nature & The Environment are on a ‘winning streak’

We all know the effects that Covid-19 has taken on the human population of this world and whilst we are under lockdown inside, nature is benefitting the most and it’s the other species we share our lands with that have taken advantage. Turkey is no different, and though just a few months ago our streets and open parks were full of people enjoying the sunshine, they are now home to mountain goats, storks...

Slow & Steady – An exit Strategy for Tourism from Covid 19

It seemed like a long way off when it struck, but now there does seem to be a ‘light at the end of the tunnel’ as most countries are starting to set out their exit plans to slowly lift social restrictions. One of the big declines over the past few months has been in Travel & Tourism, and as it’s also one of the largest earner for the economy, with around 34.5 billion USD in revenue last year, the...

Old Age Traditions Save the Day

Old age traditions that were around for centuries, are now becoming a more familiar site on the streets of Turkey, as the older population rely on the older ways of delivery for their basic items. For a few weeks now to help curb the spread of Coronavirus in the older generation people over 65 have been advised to stay at home, so for 83 year old Yuksel who lives on the fourth floor of her apartment block...

Together We Are Stronger

We are all in this fight together against the Coronavirus outbreak, and doing what we can to help our friends & colleagues across the world, hence why recently Turkey sent thousands of medical aid supplies, antibacterial liquid and sewing machinery to both Spain & Italy, two of the worst hit countries in Europe. The crates were loaded onto a cargo flight, and flew to Spain first and then Italy...

Turkey Shows it’s Appreciation for frontline workers

At a time when the world is experiencing heartache and pain due to the Covid 19 virus, faith in humanity has never been higher, and every evening at 9pm, along with many other countries, the people of Turkey step onto their balconies and into their gardens in force to show appreciation for their fellow peers in all walks of life, who are working hard to slow the spread of infection. Starting at 9pm and...

Turkish Foreign Investment Increases

By looking to foreign investors to increase overseas interest in Turkish Property and by decreasing the investment amount required to gain citizenship from 1m USD to just 250,000 USD, the figure of houses sold to non-Turkish buyers increased dramatically by 14.7% in 2019, when compared to 2018. The new rules which were implemented in September 2018, (though they can’t claim all the credit), clearly paid...

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