Turkish property & economy news
27 May 2020
When can I fly to Turkey? Sooner than you think Turkey's coronavirus success has meant the country is poised to make a swift recovery. Tourism, a mainstay of the Turkish economy, all but closed during the pandemic. Now, the country is poised to open its doors, with countries making a staggered return starting on June 1.20 May 2020
Turkey emerging as top post-pandemic investment market Whilst the short-term perspective of the global economy is looking disappointing due to severe contractions from the COVID-19 Coronavirus outbreak, experts suggest that early indications are showing that Turkey is an emerging market that will offer excellent investment opportunities despite the diminution.20 May 2020
Despite the Coronavirus Turkey sees auto sales up 44% in Q1 Data released has showed that the sale of automobiles fell 23.6% in Europe in the first quarter after declining demand and increasing interruption in the global supply chains, whereas Turkey recorded a huge 44% increase thanks to strong demand.19 May 2020
Turkey opens its doors to health tourists Turkey's health tourism industry is a vital part of the country's economy. With coronavirus cases in Turkey falling, the country is looking to restart its tourism industry, starting with allowing citizens of 31 countries the opportunity to travel to Turkey to access vital healthcare facilities.14 May 2020
Istanbul's children get their first taste of freedom With coronavirus infections easing in Turkey, restrictions on its populace are lifting. Malls are opening, salons are open for business, and people are venturing out for the first time in weeks. Children and elderly people, who were ordered inside by the government, are finally getting a taste of freedom after almost eight weeks.13 May 2020
Could Kalkan be the ideal isolation destination? These may be socially distanced times, but the desire to go on holiday remains strong. Tourism might look a little different for a while, but it'll soon be back on its feet. In the meantime, tourists are making enquiries about destinations that are private, out-of-the-way, and laid back. Kalkan, which is all of these, is about to experience a surge of popularity.12 May 2020
Focus on food, health and digitalisation in coming period for Turkey The Turkish trade minister has said on Friday that in the coming period, Turkey will prioritise making new and smart investments into the food, health and digitalisation industries across the country.12 May 2020
Duden Waterfalls waters clear thanks to COVID-19 lockdown Jellyfish and octopuses have been seen gliding through the narrow canals of Venice, mountain goats causing havoc in towns across Wales in the United Kingdom, as well as dolphins taking residence in the Bosphorus in Turkey’s own heart, Istanbul. Mother Nature is taking back what was hers around the world, and Turkey is no exception to this.10 May 2020
Online real estate sales top 100 million TL in Turkey in March The chairman of the Real Estate International Promotion Association (GIGDER), Faruk Akbal stated that foreign buyers have purchased properties in Turkey online worth more than 100 million Turkish Lira (14.3 million USD) in March 2020, as the industry evolves during the coronavirus pandemic.09 May 2020
LC Waikiki producing 40 million masks a week in Turkey According to company Chairman Vahap Kucuk, LC Waikiki, the national clothing retailer in Turkey has turned their hand to producing 40 million face masks each week without any profits being made. LC Waikiki has done this in order to help support the Turkish fight against the spread of the deadly coronavirus currently affecting the world.09 May 2020
Turkey launches COVID-19 free certification to promote tourism The Turkish Tourism Minister has announced that Turkey is launching a COVID-19 certification system that will be internationally recognised and be able to advertise areas that are free of the Coronavirus virus, in the hope that touristic areas and facilities will see a revival.04 May 2020
As covid cases drop, Turkey's malls plan a slow reopening With Turkey's coronavirus cases falling, it seems the country is turning the tide on the pandemic that has caused a global shutdown. Now, the country's malls are planning a reopening. While some say it's premature, for the retail sector the cautious re-emergence is positive news.
Continue with Google
