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Globizi to create equal opportunity for SMEs

Globizi to create equal opportunity for SMEs

By DIDEM ERYAR UNLU  Globizi, which launched activities as of September as an e-commerce and e-export business partner for Turkish companies, aims to create an end-to-end e-export ecosystem for businesses of all sizes that want to open up to international markets, drawing in more and businesses to digital change and transformation.  After more than eight...

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Minimizing risk more important than ever for FDI: YASED

Minimizing risk more important than ever for FDI: YASED

By HUSNIYE GUNGOR When the new board of directors chaired by Boeing Turkey Managing Director and Country Executive Aysem Sargin took over the management of the International Investors Association (YASED), they thought they had a challenging agenda ahead with trade wars, Brexit and growing uncertainty exerting downward pressures on investments. “Little did we know at...

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A playground for hybrid renewable investments: Turkey

A playground for hybrid renewable investments: Turkey

By HUSNIYE GUNGOR Turkey can be a playground for hybrid renewable investments, according to Jerome Pecresse, President & CEO at GE Renewable Energy, who was in Istanbul to meet clients, government officials, talk about the future, discuss Wind Energy Renewable Energy Resource Area (YEKA) auctions and offshore wind potential in the country. He is quite optimistic about the Turkish...

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Turkey’s next big industry will be high-quality health tourism

Turkey’s next big industry will be high-quality health tourism

By HANDAN SEMA CEYLAN It’s a bold statement for Aksoy Holding CEO and Vice Chairman Batu Aksoy: “Health is Turkey’s foreign exchange earning area, just like exports. If you ask what will be the next story of Turkey, I will say health.” Aksoy, who is also a board member and development policies roundtable leader of...

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Growth needs to be inclusive: TUSIAD President

Growth needs to be inclusive: TUSIAD President

By HAKAN GULDAG and HANDAN SEMA CEYLAN  The Turkish economy expanded by 21.7% year-on-year in the second quarter of 2021, marking the highest annual growth rate since 1999. The country’s gross domestic product (GDP) at current prices increased by 52.4% to USD 188.6bn in the April-June period, according to the Turkish Statistical Institute. The U.S.-based...

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One of every two buses TEMSA sells will be electric by 2025

One of every two buses TEMSA sells will be electric by 2025

By HANDAN SEMA CEYLAN  It would be a mistake to call what happens when you turn the ignition of a TEMSA electric bus “roaring to life”.  In fact, if TEMSA has its way, the very phrase may someday have to be discarded. The Turkish bus producer’s electric buses don’t roar, they don’t smell like petrol...

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Turkey can double tourism income through gastronomy: Sozen

Turkey can double tourism income through gastronomy: Sozen

By HUSNIYE GUNGOR Turkey has a very rich cuisine, with each region’s taste different from the other. However, it has a very long way to go before it becomes a globally-recognized culinary destination like Italy or Spain due to the lack of an overarching gastronomy policy integrated with the tourism industry. Still, there is hope...

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Making Sehir Hatlari ‘salutary’ again

Making Sehir Hatlari ‘salutary’ again

By HUSNIYE GUNGOR SEHIR HATLARI, an Istanbul Metropolitan Municipality (IBB) subsidiary providing public sea transportation services in Istanbul, has gone through many changes in its 200-year history. But since Sinem Dedetas, the first ever female general manager of the company, took over in August 2019, changes have accelerated. You can feel the change even before...

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Istegelsin shoots for online stardom

Istegelsin shoots for online stardom

BY KERIM ULKER YILDIZ HOLDING’S THIRD GENERATION LEADER, YAHYA ULKER, HAS ALREADY BEGUN BUILDING THE FUTURE OF THE COMPANY WITH YILDIZ VENTURES TO SUPPORT THE ENTREPRENEURSHIP ECOSYSTEM IN SECTORS THAT WILL ADD VALUE TO THE HOLDING’S STRATEGY. ISTEGELSIN, TURKEY’S FIRST ONLINE SUPERMARKET, HAS BECOME HIS BIGGEST INCUBATION VENTURE EVER, WITH AN INVESTMENT OF USD 30M....

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PMI spearheads change in tobacco industry with smoke-free products

PMI spearheads change in tobacco industry with smoke-free products

BY HUSNIYE GUNGOR Leading international tobacco company Philip Morris International (PMI), which started as a shop on London’s Bond Street in 1847, is going through a dramatic change. The company is building its future on smoke-free products that are a much better health choice than smoking. The change was initially announced by André Calantzopoulos, who...

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