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News in English
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TURKEY'S EU NEGOTIATOR ON CUSTOMS UNION AGREEMENT WITH EU |
 ISTANBUL - The Turkish chief EU negotiator said on
Friday that Turkey's Customs Union agreement with EU should be reviewed.
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S&P RAISES TURKEY'S LONG-TERM FOREIGN CURRENCY RATING TO 'BB' |
 ANKARA - Standard & Poor's Ratings Services said
on Friday that it raised its long-term foreign currency and local
currency sovereign credit ratings on the Republic of Turkey to 'BB' and
'BB+', respectively.
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TURKISH STYLIST TO DESIGN CEREMONIAL UNIFORMS OF MACEDONIAN SOLDIERS |
 ANKARA - Renowned Turkish stylist Ahmet Ozceyhan will
design ceremonial uniforms of Macedonian soldiers upon a request by
Macedonian General Staff.
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TURKISH AIRLINES TO PURCHASE SIMULATOR FROM CAE |
 ISTANBUL - Turkish Airlines (THY) signed a contract
with CAE (Canadian Aviation Electronics) for purchase of 7000 series
full-flight simulator representing the Boeing 777-300ER aircraft.
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UEFA EUROPA LEAGUE -ATLETICO MADRID: 1 - GALATASARAY: 1 (RESULT) |
 MADRID - Atletico Madrid of Spain drew 1-1 with Galatasaray soccer team of Turkey in UEFA Europa League on Thursday.
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TURKISH AIRLINES BECOMES SPONSOR OF GREEK BASKETBALL CLUB |
 ISTANBUL - Turkish Airlines (THY) became sponsor of
Greek basketball club Maroussi.
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RUSSIAN DEPUTY PRIME MINISTER IN ISTANBUL |
 ISTANBUL - Russian Deputy Prime Minister Igor
Ivanovich Sechin said that Turkish and Russian parties could reach a
satisfactory conclusion about building of nuclear power plant in Turkey.
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RENOWNED TURKISH DANCE GROUP TO PERFORM IN GERMANY |
 ISTANBUL - Renowned Turkish dance group will go on a
tour to Germany with its performance "Troy".
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- 11:28 (POL) TURKISH GVT FORESEES AMENDMENTS TO 22 ARTICLES OF CONSTITUTION
- The Turkish government envisages amendments to
22 articles of the Constitution.
Members of the ruling Justice & Development (AK) Party are visiting the
opposition parties, the Republican People's Party (CHP), the Nationalist Movement
Party (MHP) and the Peace and Democracy Party (BDP), to submit the constitutional
amendment bill.
The bill includes amendments to 22 articles of the constitution_ the
articles 10, 20, 23, 41, 53, 69, 74, 84, 94, 125, 128, 129, 144, 145, 146, 147,
148, 149, 156 and 159.
The bill also envisions abolishing the provisional article 15 of the
constitution which does not allow trial of the members of the Council of National
Security formed after the military intervention on September 12, 1980.
The mentioned articles regulate equality before the law; privacy of
individual life; freedom of residence and movement; protection of the family;
right to collective bargaining; principles to be observed by political parties;
right to petition; loss of membership of a deputy; bureau of the assembly of the
Turkish parliament; recourse to judicial review, general principles regarding
provisions relating to public servants; duties and responsibilities, and
guarantees during disciplinary proceedings regarding public servants; supervision
of judges and public prosecutors; military justice; the organization of the
Constitutional Court; termination of membership of Constitutional Court;
functions and powers of the Constitutional Court; functioning and trial procedure
of the Constitutional Court; military high court of appeals; and Supreme Council
of Judges and Public Prosecutors.
(BRC-MS) - 11:14 (ECO) TURKISH BANKS GIVE 285.5 BLN USD OF LOAN IN 2009
- Turkish banks granted 285.5 billion USD (428.3
billion TL) of loans in 2009.
According to the data of the Central Bank of Turkey, the loans Turkish banks
granted were up 2.8 percent year-on-year in 2009.
The banks lent 277.8 billion USD (416.7 billion TL) of loans in 2008.
The share of private banks in total loans granted in Turkey was down to 78.3
percent from 81.7 percent in 2009.
Turkey's state banks, Vakiflar Bankasi, Ziraat Bankasi and Halk Bankasi,
gave 61.9 billion USD (92.9 billion TL) of loans whereas private banks granted
223.5 billion USD (335.3 billion TL) of loans in 2009.
These figures were 50.8 billion USD (76.2 billion TL) and 227 billion USD
(340.5 billion TL) in 2008 respectively.
Thus, the loans of state banks were up 21.9 percent, whereas the loans of
private banks were down 1.5 percent year-on-year in 2009.
Istanbul had a lions share in bank loans in 2009, getting 48.4 percent of
total loans, in other words 138.2 billion USD (207.4 billion TL) of loans.
Ankara followed Istanbul with 39.4 billion USD (59.2 billion TL) of loans,
and the Aegean province of Izmir was the third in bank loans with 14.7 billion
USD (22.1 billion TL) of loans.
According to Central Bank's data, loans granted to Istanbul were down in
2009 over 2008, whereas those given to Ankara and Izmir were up.
Below are some of the loans granted to some provinces in 2009:
(THOUSAND TL)
(THOUSAND TL)
(THOUSAND TL)
STATE BANKS
PRIVATE BANKS
GENERAL
PROVINCES
LOANS
LOANS
TOTAL LOANS
Adana
2.343.464,07
5.384.362,09
7.727.826,2
Ankara
13.914.034,01
45.463.708,49
59.377.742,5
Bursa
3.027.822,85
8.573.739,93
11.601.562,8
Diyarbakir
672.362,83
1.164.958,96
1.837.321,8
Eskisehir
1.026.470,45
1.825.991,82
2.852.462,3
Gaziantep
1.350.285,92
4.532.296,33
5.882.582,2
Istanbul
23.490.546,46
183.929.110,81
207.419.657,3
Izmir
6.759.250,21
15.420.254,46
22.179.504,7
Kayseri
1.122.451,50
2.930.363,51
4.052.815,0
Konya
1.792.828,00
3.379.906,92
5.172.734,9
Trabzon
703.332,63
1.593.076,64
2,296.409,3
(BRC-MS) - 11:12 (SPO) TURKISH TAEKWONDO TEAM RANKS FIRST AT INTERNATIONAL TOURNAMENT IN
NETHERLANDS
- Turkish taekwondo players were awarded with
numerous medals at the "37th Dutch Open Taekwondo Championships" held in
Eindhoven, the Netherlands.
Turkish sportsmen got 7 gold, 4 silver and 3 bronze medals at the
competition, ranking the first in men's & women's categories and in general
classification.
"Dutch Open Taekwondo Championships" is a World Taekwondo Federation (WTF)
Ranked A class tournament.
A total of 955 sportsmen from 55 countries attended this year's event held
at the "Indoor Sportcentrum Eindhoven" on March 21-22.
(DO-MS) - 10:57 (GEN) TURKEY'S AEGEAN COASTAL TOWN BECOMES CENTER OF SPORTIVE FISHING
- Turkey's Aegean coastal town of Cesme, one of the
most popular tourist destinations in the country, has recently become the center
of "sportive fishing" events.
Amateur fishers from various countries such as Italy, Croatia, Greece and
Germany have been attending the "sportive fishing tournaments" organized in
Cesme-Alacati, officials said on Monday.
Speaking to AA, Murat Egriboz, an official from the organizer tourism
agency, said Monday that amateur sportive fishing, which was a sports branch
popular in many countries, had many followers in Turkey as well.
"We started our activities in this area in 2007 with 18 boats. In our second
year, the number of boats rose up to 44, and last year, we reached 55 boats,"
Egriboz said.
Commenting on the sportive fishing tournaments, Egriboz's business partner
Ilknur Icingir said that participants got into a struggle with both each other
and the fish they hunted during the competitions.
"Competitors try to hunt tuna, swordfish, needlefish, toric and bonito off
Alacati. They cannot get any points for the fish weighing below 20 kg. Tuna and
swordfish are the ones that bring the highest points as they are the hardest to
clash with. Fish that do not meet certain criteria are released back to the sea,"
Icingir said.
(DO-MS) - 10:54 (ECO) TURKEY'S LEADING GSM OPERATOR BRINGS 3G TECHNOLOGY TO MANY PLACES
- Turkey's leading GSM operator said on Monday
that it had brought 3G technology to many settlements throughout the country.
GSM operator "Turkcell" had brought the 3G technology to all settlements
with over 20,000 population, a company executive said.
"We have established more base stations in the first six months after we
launched the 3G technology than the base stations we established for 2G
technology in six years," Ilter Terzioglu, deputy director general of the company
for network operations, told AA correspondent.
3G technology was launched in Turkey on July 30, 2009. 3G is a wireless
industry term for a collection of international standards and technologies aimed
at increasing efficiency and improving the performance of mobile wireless
networks.
Services offered by 3G technology include wide-area wireless voice
telephone, video calls, and wireless data, all in a mobile environment. Compared
to 2G and 2.5G services, 3G allows simultaneous use of speech and data services
and higher data rates. Thus, 3G networks enable network operators to offer users
a wider range of more advanced services while achieving greater network capacity
through improved spectral efficiency.
"Turkcell's 3G technology reached 72 percent of the total population by the
end of 2009," Terzioglu said.
Terzioglu said Turkey sold almost 300,000 3G VINN modems and
netbook/notebooks between August 1 and December 31, 2009.
"We had 65 percent market share in this period," Terzioglu said.
Terzioglu also said Sur town of the southeastern province of Diyarbakir was
the place where people made video calls.
GSM-based mobile communication started in Turkey when Turkcell started its
operations in February 1994. Turkcell signed a 25-year GSM license contract on
April 27, 1998 with the Ministry of Transportation of Turkey. Since then, it has
continuously increased the variety of its services based on mobile audio and data
communication, its quality levels and as a result, number of subscribers.
As of December 31, 2009, Turkcell has made 7.6 billion US dollars worth of
investment (including 2G and 3G licenses) in Turkey. Again as of December 31,
2009, with its 35.4 million subscribers, Turkcell is not only the leading
operator in Turkey, but is also the third biggest GSM operator in Europe in terms
of subscriber numbers.
Turkcell's shares have been traded on Istanbul Stock Exchange (IMKB) and New
York Stock Exchange (NYSE) since July 11, 2000 and it is the first and only
Turkish company ever to be listed on NYSE.
(BRC-MS) - 10:24 (ECO) INVESTORS ALL AROUND WORLD TO GATHER IN ISTANBUL
- Around 300 investors and financiers all around
the world will converge in Istanbul in April.
The European Business Angels Network (EBAN) will hold its annual congress at
Istanbul's WOW Hotel on April 15-16.
This will be the first time an EBAN congress will take place in Turkey.
The tenth annual congress of EBAN will bring together members of biggest
investment and finance organizations in Europe.
With the title of "A cross-road for continents, cultures and early stage
investors", this year's event will be hosted by the Middle East Technical
University's Technopolis' business angel network (METUTECH-BAN).
The event aims to share best practices, raise awareness and build relations
among thousands of investors and other financial actors involved in closing the
equity gap and interested in collaborating and investing together.
Germany, Italy, France, Portugal, Netherlands and Spain have hosted the
congress since 2000.
The European trade association for business angels, seed funds, and other
early stage market players, EBAN serves business angels, business angel networks,
seed funds and other early stage investment professionals across Europe.
It brings together over 100 member organisations in 27 countries today. EBAN
is the networking platform enabling its members to stay on top of trends in the
early stage investment market in Europe, build new relationships, new business
opportunities by networking with peers across border, get answers to day-to-day
challenges, access the resource center and get ongoing capacity building
opportunities, and be represented under one voice representing the interests of
early stage investors near European policy makers.
(BRC-MS) - 10:09 (ECO) SHARE OF FOREIGNERS IN ISTANBUL STOCK EXCHANGE RISES
- Share of foreign investors in the Istanbul
Stock Exchange increased to 66.29 percent.
Central Registry Institution figures revealed that as of March 19, foreign
investors owned 53.72 percent of the shares transacted at the Istanbul Stock
Exchange with the total market value reaching 66.29 percent.
The number of shares owned by foreign investors is 14,950,763,617 with a
total value of 86.1 billion TL. (1 USD = 1.54 TL)
(UK-MS) - 10:02 (ECO) TURKISH STOCK MARKET DOWN AT OPENING
- Turkish shares fell at the opening on Monday.
National-100 index, the benchmark index of the Istanbul Stock Exchange
(IMKB), dropped 340.34 points over Friday's closing, and it opened at 53,096.62
points in the first session.
Shares lost 0.64 percent in value.
IMKB National 100 Index closed at 53,436.96 points on Friday.
(DO-MS) - 10:02 (ECO) FOREIGN EXCHANGE RATES
- Buying and selling rates of USD, Euro and
British Pound in Istanbul and Ankara at 9:30 a.m. on Monday are as follows (in
TL):
ISTANBUL Buying Selling
USD 1.5340 1.5400
Euro 2.0740 2.0800
British Pound 2.3150 2.3500
ANKARA
USD 1.5330 1.5410
Euro 2.0730 2.0840
British Pound 2.2900 2.3300
(UK-MS) - 09:27 (ECO) TURKISH FINANCE MINISTER SAYS TURKEY STILL NEEDS REFORMS
- The Turkish finance minister said on Sunday that
Turkey still needed to carry out a series of reforms.
Meeting with a group of Turkish businessmen in the French city of Orleon,
Turkish Finance Minister Mehmet Simsek said, "once Turkey implements these
reforms, it will grow faster and investments will get more valuable".
Pointing to the major political and economic transformation process Turkey
had gone through lately, Simsek said, "Turkey has made a remarkable progress in
becoming a more prestigious and effective political and economic actor by
activating its potential which was once only written on paper".
Describing Turkey's objective of becoming one of the top 10 economies of the
world and top 3 economies in Europe in the next 30-40 years, Simsek said such
goal was a realistic estimation.
Simsek said his country had a dynamic and young population which provided it
a significant position in the long term.
Noting that the reforms carried out recently made Turkey stronger and more
competitive, Simsek said reforms would continue and the country would preserve
its unity and political stability.
Commenting on the importance of competitiveness, the finance minister said
foreign investments strengthened Turkey's performance as well as its competition
environment.
Simsek also said that Turkey caught up with Europe in many areas thanks to
the numerous reforms it had implemented.
After completing his talks in France, Simsek is expected to return to Turkey
on Monday.
(DO-MS) - 09:17 (GEN) TURKEY'S MINISTER TRAVELS TO IRAN
- Turkey's state minister left for Iran on an
official visit on Monday.
Hayati Yazici will hold a series of talks with Iranian authorities during
the visit.
(UK-MS) - 09:16 (GEN) TURKEY CELEBRATES NEVRUZ
- Nevruz was celebrated throughout Turkey on
Sunday.
People gathered at Kazlicesme Square in Istanbul to celebrate Nevruz, the
beginning of spring.
Members of political parties and non-governmental organizations also
participated in celebrations in Istanbul.
People lit Nevruz fire, sang songs, performed folkloric dances, set peace
pigeons free to mark the Nevruz.
The southeastern province of Diyarbakir was another place where Nevruz was
celebrated.
Speaking in the celebrations in Diyarbakir, Selahattin Demirtas, chairman of
the Peace and Democracy Party (BDP), said his party was backing a democratic
solution and peace.
"This nation is ready for peace," Demirtas also said.
Nevruz, the world's oldest festival which is celebrated by festivities
under various names in many communities, is being celebrated in the Turkish World
as "the exit of Turks from Ergenekon" and "the beginning of the new year in
Turkish calendar with 12 zodiac divisions represented by animals" since 5000
years.
Some accept this day as the day God created Earth, some as the day Prophet
Noah stepped on Earth after the Flood. Some accepts it as the day first
human-being is created, and some as the messenger of Spring.
All dwellings are cleaned for the Nevruz which is believed to be the day
when everyone's fate is determined and the day when all diseases, evil,
misfortunes, and troubles disappear. Various games are played, and special meals
are cooked to mark the Nevruz. After eating the meal together, people exchange
greetings with each other for a happy new year. Then, they visit graves of their
beloved ones. Those who offended to each other, are reconciled. People extend a
helping hand to the poor, the forlorn, and the elderly. Young people wishing
their dreams to come true, jump over a Nevruz Fire.
In accordance with a common belief in the Turkish World, Nevruz is
considered as the day when the Gokturks departed from Ergenekon and obtained
their independence. In Ergenekon Epic of Ebulgazi Bahadir Khan's famous work
named "Secere-i Turk" (Genealogy of Turks), it was told that the Turks who had to
live in a valley surrounded by high mountains for 400 years, left the valley when
spring started, returned to their homeland, and gained their independence.
Therefore, March 21 symbolizes the independence day.
During Nevruz celebrations, especially the Turks living in Central Asia,
read out Ergenekon Epic to express the importance of Nevruz to the new
generations.
According to another belief, March 21, the beginning of the 12-animal
Turkish Calendar, symbolizes refreshment of the nature, and beginning of spring.
Snowdrops which bloom in these days, are called as "Nevruz Flower". Babies who
are born in Nevruz, are given the first name of Nevruz.
(BRC-MS) - 09:14 (DIP) TURKEY'S FOREIGN MINISTER ATTENDS INTERNATIONAL DONORS CONFERENCE FOR
DARFUR
- An international donors conference in Egyptian
capital Cairo raised 850 million USD for projects on water, health care, housing,
education and rural development in Darfur, Sudan.
The one-day conference was organized by 57-nation Organization of the
Islamic Conference (OIC) and co-chaired by Turkey and Egypt. Representatives from
the United States, European nations, UN agencies and aid groups were also in
attendance at the conference.
Turkey's Foreign Minister Ahmet Davutoglu said following the conference,
"today's conference was very successful. We think that the international
community cannot remain indifferent in the face of developments in Darfur. We
should ensure a political compromise between Sudanese government and the groups
in Darfur. Then, a comprehensive peace deal will be discussed. We attach great
importance to stability, peace and prosperity of Sudan since it is one of the
biggest countries in the African continent," he said.
Referring to upcoming election in Sudan in April, Davutoglu said, "we will
extend full support to the election. We believe that a democratic and transparent
election will make significant contribution to the political process in the
country."
Davutoglu said that Turkey had donated some 150 million USD to Darfur so
far. "We will provide some 70 million USD in the future. We will maintain our
support to Sudanese people."
Upon a question about Jerusalem, Davutoglu said, "we consider Jerusalem as a
heritage for whole humanity. We attach great importance to preservation of
Jerusalem's cultural identity as well as Muslim places especially al Aqsa Mosque
atop Temple Mount."
During the conference, the biggest donors were Brazil, the Islamic Bank for
Development, Qatar and Turkey. Other countries pledged hundreds of millions of
dollars to finance development projects.
The fighting in Darfur, which began with a 2003 rebellion by groups accusing
the government of neglecting the western province, has come to an end past year
and peace talks are under way in the Gulf state of Qatar. Many of those
displaced, however, are still living in camps and their future is one of the
central unresolved issues. An estimated 300,000 people lost their lives to
violence, disease and displacement.
(UK-MS) - 09:12 (DIP) OIC SECRETARY-GENERAL TO VISIT PAKISTAN
- The secretary-general of the 57-nation
Organization of the Islamic Conference (OIC) will pay a visit to Pakistan.
Ekmeleddin Ihsanoglu will be awarded with the state medal of Pakistan by
Pakistani President Asif Ali Zardari on the anniversary of Pakistan's
independence on March 23 for his efforts to find a solution to the Kashmir issue.
The insignia "Hilal-i Pakistan" is the biggest national order in Pakistan
bestowed to civilians.
During his two-day stay in Pakistan, Ihsanoglu will also visit Swat region.
He is set to attend ground-breaking ceremony for a school to be built by the
OIC in the village of Kanju for young girls.
(UK-MS) - 09:11 (DIP) TURKEY, EGYPT SHOULD BOOST COOPERATION IN AVIATION, MINISTER
- The Turkish foreign minister said on Sunday that
Turkey and Egypt should boost cooperation in air transportation.
Turkey's Foreign Minister Ahmet Davutoglu met Egyptian Minister of Civil
Aviation Ahmed Shafiq in Cairo.
Davutoglu was in the Egyptian capital to participate in International Darfur
Donors' Conference.
During the meeting, Davutoglu said Turkey and Egypt should increase air
transportation, which he thought would-be an important step for economic
integration of the two countries.
Davutoglu said an air corridor should be established between Alexandria and
Turkey.
"It is important for the two countries to be complementary of each other,
not rivals," Davutoglu also said.
The conference raised 850 million USD for Darfur projects.
(BRC-MS)
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BUYING
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SELLING
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1.5340 |
1.5420 |
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2.0780 |
2.0890 |
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