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 International supply chain Li&Fung opened its central office in Istanbul.
Victor Fung, Managing Director of Li&Fung Group, asserted that they have considered London and Hamburg as their center before deciding on Istanbul and said: "It was an easy decision. While London and Hamburg are capitals of the past, Istanbul is the capital of the future." |
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 Preparations for online application continue. Thanks to Automation Project, work permit applications will be available online.
As a result of the projects initiated by Ömer Dinçer, Minister of Labor and Social Security, a new procedure regarding the work permit for foreigners will be introduced. Thanks to the General Directorate of Labor-Work Permit for Foreigners Project conducted by Ministry of Labor and Social Security, applications of work permits for foreigners will be online in a few months. |
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 EasyJet, Europe's leading low-cost airline, could not remain indifferent to Turkey's potential.
Peter Voets, the company's Switzerland, Austria and Eastern Europe Marketing Manager, said that even though their market share is only 3 percent, low-fare flights have a big potential in Turkey... |
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 Global rating agency Fitch upgraded Turkey's credit rate by two notches to 'BB' (+). The agency also upgraded Turkey's long-term foreign currency Issuer Default Rating (IDR) to 'BB+' from 'BB' and Turkey's country ceiling grade from BB to BBB(-).
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