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News in English
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SHOP WINDOWS OF HERMES DECORATED WITH IZNIK TILES |
 PARIS - Shop windows of the main building of the
prominent French fashion-house Hermes were decorated with Iznik tiles.
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EUROPEAN PARLIAMENT WELCOMES TURKEY'S REFORMS |
 STRASBOURG - European Parliament adopted on Thursday
a resolution on the European Commission's 2009 enlargement strategy for
the Western Balkan countries, Iceland and Turkey, drafted by Gabriele
Albertini, chairman of the committee on foreign affairs.
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TURK FM ENGAGES IN PHONE DIPLOMACY OVER IRAN'S NUCLEAR PROGRAM |
 ANKARA - Turkish Foreign Minister Ahmet Davutoglu
made phone conversations with foreign ministers of several countries
over Iran's nuclear program.
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TURKEY SWINE FLU TOLL RISES TO 161 |
 ANKARA - Turkish health officials reported 39 more
people have died after contracting pandemic H1N1 virus, also known as
swine flu, over the past three days, and death toll reached 161 in the
country.
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WHO TO RELEASE ITS NEW TOBACCO EPIDEMIC REPORT IN TURKEY |
 ANKARA - The World Health Organization, or WHO, will
make public this year's report on Global Tobacco Epidemic at a meeting
to be held in Turkey in December for its efforts to create a smoke-free
environment and its successful implementation of smoking ban in
enclosed areas.
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TURKISH SKATER RANKED 30TH AMONG 146 JUNIOR LADIES |
 BURSA - Turkish young skater has put her name in the
sports history of Turkey after being ranked 30th among 146 junior
female skaters in the list of ISU Junior Ladies Grand Prix of Figure
Skating 2009/2010.
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DIRECTOR GENERAL OF TURKCELL AWARDED AS CEO OF YEAR |
 LONDON - Sureyya Ciliv, director-general of Turkey's
biggest GSM operator Turkcell, was presented with the "CEO of the Year"
in the World Communication Awards 2009 (WCA) in London.
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U.S. STATE DEPARTMENT SAYS TURKEY IS A AN IMPORTANT MODEL FOR REGION |
 WASHINGTON D.C. - U.S. Department of State said that
Turkey was an important model for the region in terms of its very vital
democratic institutions.
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- 14:22 (ECO) TURKISH SHARES DOWN IN SECOND SESSION OPENING
- Turkish stock market was down at the beginning
of second trading session on Friday.
The National-100 index, benchmark index of the Istanbul Stock Exchange
(IMKB) opened at 52,726.42 points. The index fell 49.29 points, or 0.09 percent.
(EÖ-AY) - 14:17 (ECO) FOREIGN EXCHANGE RATES
- Buying and selling prices of USD, Euro and
British Pound in Istanbul and Ankara at 2:00 p.m. on Friday are as follows (in
TL):
ISTANBUL Buying Selling
USD 1.5240 1.5280
Euro 2.0970 2.1010
British Pound 2.3050 2.3350
ANKARA
USD 1.5250 1.5310
Euro 2.1000 2.1100
British Pound 2.2950 2.3350
(BRC-AY) - 14:03 (ECO) TURKEY, IMF HAVE DIFFERENT PERSPECTIVE ON FUTURE PROJECTIONS,
MINISTER
- A Turkish state minister said on Friday that
Turkey and the International Monetary Fund (IMF) had different points of view on
future projections.
Turkey's State Minister & Deputy Prime Minister Ali Babacan said that Turkey
and the IMF had different views on what would happen in Turkey and the world in
2010 and 2011.
"The reason why we could not agree is different, we had different
perspectives on future projections, but I will not elaborate," he said during
Economy Press Forum of Middle East & Eastern Mediterranean Countries in Ankara.
Turkey's Economy Correspondents' Association (EMD) organized the forum which
brought together journalists from Azerbaijan, Iran, Iraq, Turkish Republic of
Northern Cyprus (TRNC), Syria, Saudi Arabia, Bahrain, Qatar, Kuwait, United Arab
Emirates, Yemen, Oman, Jordan, Lebanon, Egypt, Libya, Morocco, Sudan and Tunisia.
During the meeting, Babacan said Turkey and IMF would be at a different
point if they had a full compromise on a stand-by arrangement.
Babacan said Turkey and the fund had a full compromise on medium-term
program, fiscal rules and targets.
The minister said Turkey had just launched the medium-term economic program,
and therefore a revision was out of question for the time being.
On Wednesday, Turkey's Treasury Undersecretariat said an IMF delegation was
invited to Turkey on April 24-25 to have talks on Article IV following IMF-World
Bank spring meetings. Talks on Article IV was a consultation mechanism required
to be fulfilled by all member countries every year under IMF Main Deal.
Turkish State Minister & Deputy Prime Minister Ali Babacan said that Turkey
did not have any necessity to sign a deal with the IMF.
"There won't be any talks over a stand-by programme with the IMF till May,"
Babacan said.
Turkish Prime Minister Recep Tayyip Erdogan also said on Wednesday Turkey
and the IMF jointly decided not to sign a stand-by arrangement.
Turkey's previous deal with the fund ended in May 2008.
(BRC-MS) - 13:26 (ECO) PRIVATE PENSION FUNDS IN TURKEY RISE UP TO NEARLY 9.5 BLN TL
- Private pension funds in Turkey totaled some
9.49 billion Turkish liras (around $6.2 billion) as of March, 5, the country's
private pension funds watchdog said on Friday.
The total number of participants in the system increased to nearly 2.3
million with over two thousand of them are now eligible for retirement.
Below is a March 2010 list of private pension companies in Turkey with
number of participants and total funds (TL):
/*
Number of
Company Participants Funds (TL)
------------------------------- ------------- ----------------
Aegon Emeklilik ve Hayat 56,714 88,100,965
Allianz Hayat ve Emeklilik 54,907 446,860,502
Anadolu Hayat Emeklilik 448,382 2,040,328,786
Avivasa Emeklilik ve Hayat 310,784 2,071,141,971
Deniz Emeklilik ve Hayat 5,831 17,303,288
ErgoIsvicre Emeklilik ve Hayat 11,620 20,835,803
Finans Emeklilik ve Hayat 24,480 21,342,201
Fortis Emeklilik ve Hayat 75,788 330,536,283
Garanti Emeklilik ve Hayat 406,968 1,382,340,052
Groupama Emeklilik 82,582 542,250,370
ING Emeklilik 157,085 530,671,458
Vakif Emeklilik 124,727 559,416,424
Yapi Kredi Emeklilik 268,563 1,438,296,426
SECTOR TOTAL 2,028,431 9,489,424,530
*/
(İMB-MS) - 12:55 (DIP) TURKEY EXPRESSES UNEASINESS OVER APPROVAL
OF ARMENIAN RESOLUTION IN SWEDEN'S PARLIAMENT
- Turkish Foreign Ministry conveyed Turkey's
uneasiness to Swedish Ambassador in Ankara Christer Asp after Sweden's parliament
approved a resolution in support of the Armenian allegations on the incidents of
1915.
The ministry strongly condemned the decision and asked Sweden to take
serious steps which would compensate this decision.
The ministry officials told Asp that the decision might seriously harm the
relations between Turkey and Sweden which had been developing in the recent
period.
Officials told Asp that the decision was made according to several political
interests on the eve of elections which would take place in Sweden in September
2010.
Officials said that the mission of parliaments and politicians was not
making judgements about history, and Turkey had always been exerting efforts for
creation of a joint committee of historians to discuss the matter.
Asp told Turkish officials that Sweden did not want any deterioration of its
relations with Turkey, and that Sweden was sorry over the decision.
Asp also said that the resolution had been previously debated in Foreign
Affairs Committee and had not been approved, however, the parliament made a
decision contrary to the committee's.
Asp stressed that the decision of the parliament was not binding, it was
only a recommendatory decision, adding that Swedish government would not rely on
this decision.
The Swedish parliament on Thursday adopted 131 to 130 the resolution just
days after a U.S. House panel passed a similar bill, raising concerns that it
could jeopardize a rapprochement process between Turkey and Armenia as the two
had signed protocols to normalize relations and open their border.
Turkey recalled its ambassador in Stockholm Zergun Koruturk to Ankara for
consultations. Koruturk is expected to arrive in Turkey on Friday.
(GC-MS) - 12:41 (ECO) TURKISH SHARES UP IN FIRST SESSION
- Turkish stock market rose 0.76 percent, or
399.16 points, at the end of first session on Friday.
National-100 index, benchmark index of the Istanbul Stock Exchange (IMKB),
closed at 52,775.71 points at the end of the session.
Earlier in the morning, the index had opened at 52,681.15 points in the
first session.
(GC-MS) - 12:17 (ECO) FOREIGN EXCHANGE RATES
- Buying and selling prices of USD, Euro and
British Pound in Istanbul and Ankara at noon on Friday are as follows (in TL):
ISTANBUL Buying Selling
USD 1.5260 1.5300
Euro 2.0940 2.0990
British Pound 2.3000 2.3300
ANKARA
USD 1.5260 1.5320
Euro 2.0940 2.1040
British Pound 2.2900 2.3300
(GC-MS) - 12:04 (ECO) TRLIBOR RATES
- The Interbank Turkish Lira Reference Interest
Rate (TRLIBOR) remained at 6.8888 percent for overnight interest on Friday.
Maturities and rates are as follows:
TRLIBOR RATE
MATURITY PERCENT
Overnight 6.8888
1-Week 6.8888
1-Month 7.1875
2-Month 7.2550
3-Month 7.4000
6-Month 7.7125
9-Month 8.1563
1-Year 8.3525
(BRC-CE) - 12:04 (ECO) IPI JOINS OTHER INDICATORS SIGNALLING SLOW RECOVERY
IN TURKEY'S MACROECONOMIC OUTLOOK, REPORT SAYS
- Recent figures on industrial production index
(IPI) in Turkey indicates to a slow recovery in the country's macroeconomic
outlook, said a report released by an Istanbul-based risks research institute.
TurkStat, Turkey's statistics authority, has said year-on-year IPI for
January 2010 rose %12.1 as the month-on-month figure was down %15.3 (2005=100).
"Together with jobless rates and the inflation figures, the recent IPI data
signal to a very slow pace of recovery in Turkey's macroeconomic outlook," said
the report by Okan University Financial Risks Research Center.
Turkey's mining industry was down 0.6 percent; whereas its electricity, gas
and water industry was up 3.1 percent and manufacturing industry was up 14.4
percent year-on-year in January 2010.
Turkey's industrial index recorded a 25.2 percent year-on-year rise in
December 2009. The production was 8.7 percent up in December 2009 over November
2009.
Below are the overall industrial production of Turkey in January 2008, 2009
and 2010:
/*
MONTHS 2010 2009 2008
------- ------ ----- -----
Jan 12,1 -21,4 11,6
Feb -23,8 8,4
March -20,9 2,6
April -18,7 7,0
May -17,6 3,2
June -10,1 2,4
July -9,0 3,8
Aug -6,3 -3,6
Sept -8,9 -4,3
Oct 6,5 -6,8
Nov -2,2 -13,3
Dec 25,2 -17,8
Annual Average -9,6 -0,9
*/
Below are the rise in industrial production of Turkey in December 2008 and
2009:
/*
2010 2009
. JAN JAN
. ------ ------
Overall industry 12,1 -21,4
. ------ ------
Mining -0,6 -4,1
Manufacturing 14,4 -24,4
Electricity,gas,water 3,1 -5,7
*/
(İMB-BRC-CE) - 11:46 (ECO) TURNOVER IN TRADE & SERVICES RISE 9.9 %
- Turnover in trade and services increased 9.9
percent in the last quarter of 2009 when compared to the same period of 2008.
According to figures of TurkStat, turnover in trade and services rose 6.7
percent in the last quarter of 2009 when compared to the previous quarter of
2009.
Also, employment in trade and services increased 1.6 percent in the last
quarter of 2009 when compared to the same period of 2008, while it dropped 1.4
percent when compared to the previous quarter of 2009.
Trade and services gross wages-salaries index increased 6.0 percent compared
to the same quarter of the previous year and 1.8 percent compared to previous
quarter, in the fourth quarter of 2009.
(GC-CE) - 11:45 (DIP) SWEDISH AMBASSADOR IN TURKISH CAPITAL SUMMONED TO FOREIGN MINISTRY
- The Swedish ambassador in Ankara was summoned to
the Turkish Ministry of Foreign Affairs following the Swedish parliament's
adoption of a resolution in support of the Armenian allegations on the incidents
of 1915.
Speaking to reporters while leaving the foreign ministry headquarters,
Swedish ambassador Christer Asp said that he explained the Swedish government's
stance on the issue to Turkish officials during his talks at the ministry.
Asp said democratic institutions took decisions on their own, however,
Swedish parliament's policy on the matter had not changed.
Noting the parliament's decision was not binding for the government, Asp
said the Swedish parliament supported the examination of incidents of 1915 by
independent commissions formed by historians.
Expressing his country's support for the normalization of Turkish-Armenian
relations as well, the ambassador said such resolution had been brought up to the
agenda every year and had always been rejected until now.
He said it was approved this year as two opposition parties had changed
their attitude.
Pointing to the strong relations between Turkey and Sweden, Asp said the two
countries' ties would continue to be powerful, emphasizing the importance of
maintaining the dialogue under circumstances like this.
The ambassador also said that Swedish parliament's decision would certainly
not affect his country's support to Turkey's EU bid.
Swedish Parliament approved Thursday a resolution on Armenian allegations
regarding 1915 incidents.
The resolution on recognition of Armenian allegations was approved with 131
votes against 130.
(DO-CE) - 11:12 (ECO) TURKISH PEN PRODUCER EXPORTS GOODS TO MORE THAN 45 COUNTRIES
- Pens produced by a Turkish company are being
exported to more than 45 countries.
ADEL Kalemcilik, a company that produces various types of pens at its
factories in Istanbul, has launched a partnership with famous German pen producer
Faber-Castell, the company's marketing director said on Friday.
In an interview with AA, ADEL's Marketing Director Saffet Tufekci said that
his company started to display a strong position in the world markets thanks to
its products of high quality.
Tufekci said ADEL produced and exported pencils, pens, crayons and play
dough, adding the company had recently started production of school bags,
notebooks and presentation files for the domestic market.
ADEL, founded in 1969, is a partnership between Anadolu Group, one of the
largest industrial conglomerates of Turkey, and Faber-Castell AG from Germany, a
world-wide renowned writing instruments company. Around 27 percent of ADEL shares
are traded publicly at Istanbul Stock Exchange.
ADEL is the pioneer and leader of the Turkish writing instruments industry,
producing wood-cased blacklead, colour and copying pencils, ballpoint pens, fibre
pens, oil pastels, wax crayons, finger paints, modeling clay, gouache,
watercolours, erasers and mechanical pencils, liquid ink pens and fine leads.
(DO-MS) - 11:11 (DIP) TURKEY DISAPPOINTED BY SWEDISH VOTE
ON ARMENIAN ALLEGATIONS, EU NEGOTIATOR SAYS
- Turkey was saddened and disappointed by the
Swedish parliament's endorsement of a resolution in support of Armenian
allegations regarding the tragic events of 1915 in the Ottoman Empire, Turkey's
chief European Union negotiator has said.
"We are saddened and disappointed by this resolution. The Swedish parliament
has bowed down to distorted history arguments which are far from reflecting the
truth. Politicians should be looking to the future not to the past," Egemen Bagis
said Friday when responding to a question.
The Swedish parliament on Thursday adopted 131 to 130 the resolution just
days after a U.S. House panel passed a similar bill, raising concerns that it
could jeopardize a rapprochement process between Turkey and Armenia as the two
had signed protocols to normalize relations and open their border.
"Turkey is ready to face up to its past and it needs no tribunals set by
foreign parliaments to do that," Bagis said, recalling Turkey's proposal to put
together a team of historians both from Turkey and Armenia as well as other
countries to dig into the issue.
"It is unfortunate that the Armenian state and the Armenian diaspora had
brushed aside our proposal, a well-meant initiative which had been even discarded
by the international community," Bagis said.
(İMB-MS) - 10:48 (ECO) TURKEY'S KOC HOLDING DECLARES 1.4 BLN TL NET PROFIT
- Turkey's Koc Holding declared a net
profit of 1.4 billion Turkish lira (TL) in 2009. (1 USD = 1.535 TL)
Holding's consolidated sale income reached 44.8 billion TL, while it
declared its EBITDA (Earnings Before Interest, Taxes, Depreciation and
Amortization) as 3.5 billion TL in 2009.
Founded in 1926 in Ankara, Koc Holding today is Turkey's one of the largest
industrial groups in terms of revenue, exports, share in the Istanbul Stock
Exchange and number of employees. Koc Holding is the world's 172nd largest
company. The holding grew by an average of 31 percent (in USD) in the last five
years.
(GC-MS) - 10:47 (SPO) TURKCELL SUPER LEAGUE FIXTURES/STANDINGS
- Fixtures for Turkcell Super League Day-25
matches which will be played between March 12 and 15:
March 12, Friday:
Gaziantepspor v Trabzonspor
March 13, Saturday:
Genclerbirligi v Fenerbahce
March 14, Sunday:
Kayserispor v Eskisehirspor
Antalyaspor v Sivasspor
Istanbul Buyuksehir Belediyespor v Diyarbakirspor
Bursaspor v Manisaspor
Galatasaray v Ankaragucu
March 15, Monday:
Denizlispor v Besiktas
STANDINGS P W D L F A GD Pts
--------------------------------------------------------------
1.GALATASARAY 24 15 5 4 48 26 22 50
2.BURSASPOR 23 15 4 4 46 21 25 49
3.FENERBAHCE 24 15 3 6 46 27 19 48
4.BESIKTAS 24 14 6 4 33 15 18 48
5.KAYSERISPOR 24 12 7 5 36 19 17 43
6.TRABZONSPOR 24 12 6 6 43 26 17 42
7.ESKISEHIRSPOR 24 10 9 5 30 23 7 39
8.ISTANBUL BS. BELEDIYESPOR 24 10 7 7 30 33 -3 37
9.GAZIANTEPSPOR 24 8 8 8 28 26 2 32
10.GENCLERBIRLIGI 24 8 7 9 29 28 1 31
11.ANTALYASPOR 24 8 6 10 33 30 3 30
12.KASIMPASA 24 7 7 10 38 42 -4 28
13.ANKARAGUCU 24 5 11 8 26 28 -2 26
14.MANISASPOR 24 5 9 10 20 27 -7 24
15.SIVASSPOR 24 7 3 14 27 42 -15 24
16.DIYARBAKIRSPOR 23 4 9 10 21 33 -12 21
17.DENIZLISPOR 24 4 5 15 19 35 -16 17
18.ANKARASPOR 24 0 0 24 0 72 -72 0
(GC-MS)
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BUYING
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SELLING
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1.5250 |
1.5310 |
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2.0980 |
2.1080 |
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