Amazon.com Inc said it will set up a logistic base in Turkey to meet rising demand, with a more than USD 100m investment. It said the facility will create more than 1,000 jobs in its first year, and will support the domestic and export operations of the small- and mid-sized businesses that sell products on the...
The CAD is big and its financing is bad!
To what extent does the misery index influence voters’ choices?
AI and beyond
Budget deficit risk of around 7% of GDP
Tourism revenues rise higher than the number of tourists
Need for anchor
Patents with technological advances in the automotive ecosystem
Let’s estimate FX rates…
Inflation soared while the policy rate was lowered
Famous banks’ election expectations
Energy and gold don’t explain the CAD
Levent Kafkasli becomes GM of GAP Insaat
Global tension: Is it decision time for Turkey?
When you don’t learn from a mistake from 30 years ago
UNDP sends containers to the quake-hit region
Annualized foreign trade deficit tripled in 1.5 years
KKM, liraization: Fiddlesticks!
Capacity usage down contrary to real sector confidence
Amazon to open Turkey site with more than USD 100m investment
Turkish Airlines cancels more than 200 Istanbul flights
The national flag carrier Turkish Airlines has cancelled some 205 flights set to operate on Thursday as heavy snow is predicted in Istanbul. “Due to expected severe weather conditions in Istanbul, some of our flights from/to the Istanbul and Sabiha Gokcen airports scheduled to operate on March 10 are canceled,” the airline said in a...
Radisson eyes to reach 50 hotels
The U.S.-based international hotel chain Radisson Hotel Group aims to have 50 hotels in total in Turkey at the end of 2023, according to Ramsay Rankoussi, Vice President and Head of Development of Africa and Turkey of Radisson Hotel Group. The company, which has over 35 hotels in operation and under construction, inked a deal...
THY extends suspension of flights due to heavy snowfall in Istanbul
The national flag carrier Turkish Airlines suspended its flights to and from Istanbul Airport till Wednesday midnight (GMT 2100) due to heavy snowfall in the city. “Authorities continue to work to make our airports and transportation routes ready for our flights,” Yahya Ustun, Turkish Airlines’ senior vice president for media relations, said on Twitter. Earlier,...
Trendyol eyes IPO at home and abroad
BY MEHMET KAYA The e-commerce platform Trendyol, which was Turkey’s first decacorn with a valuation of USD 16.5bn, is planing an dual-listing initial public offering (IPO) on the London or New York stock exchanges, according to Caglayan Cetin, President of Trendyol Group. “We’ve set a high e-export volume for IPO. We aim for one-third of...
Istanbul among 15 winning cities with its solidarity project
Istanbul has been voted one of the 15 top cities in the 2021-2022 Global Mayors Challenge organized by Bloomberg Philanthropies, a global innovation competition to identify and accelerate the most ambitious ideas developed by cities in response to the COVID-19 pandemic. The city, which entered the competition with its Askida Fatura (Pay It Forward) initiative,...
Indian SpiceJet eyes flights to Turkey
The India-based low-cost airline company SpiceJet plans to start direct flights to Turkey, Vietnam, and Russia, according to Ajay Singh, Managing Director and Chairman of the Board of Directors of SpiceJet. The company plans to use Boeing 737 MAX jets for their direct flights to these destinations. “We are looking to begin service to destinations...
Time out alternatives for April 5-11
Impossible Homecoming Pera Museum greets art lovers with a retrospective of Etel Adnan, a Lebanese-American artist, poet and activist. Raised in a multilingual, multifaith and multi-cultural family, Adnan’s work reflect her roots and traces of this multi-layered identity. As an artist, Adnan is known for not shying away from wars and the socio-political upheavals that...
Time out alternatives for March 8-14
Love Over Entropy Anna Laudel Istanbul welcomes spring with a new group exhibition that dives into the notion of mind in a time when beauty and consumer behaviors have become excessively standardized. Curated by Ayca Okay, the exhibition displays works by 19 artists, including Elcin Acun, Busra Cegil, Bahadir Colak, Zeren Goktan, Dincer Isgel, Hande...
Time out alternatives for February 22-28
Foreigners of the Oscars As the 93rd Academy Awards Ceremony approaches, after a delay due to the pandemic, Istanbul Modern Cinema presents a selection of 10 films from the “Best International Feature” category. Last year, for the first time in its history, a ‘foreign’ film won the Best Film award but the Best International Feature...