Search Results for: Turkey

Over recent years, Turkey has become one of the world’s most important emerging markets. Positioned at the crossroads of Europe and Asia, over the past five years Foreign Direct Investment has grown from just over USD1 billion to an annual average of USD13 billion.…

A director at the China Cotton Association has welcomed the planned replacement of China’s national cotton reserve programme with a system of subsidies. The move was unveiled in a formal opinion released on January 19 by the country’s State Council. Government subsidies will be first trialled in China’s largest cotton production base Xinjiang, north-west China, in 2014, and be gradually rolled out to other areas, according to the opinion.…

WHILE Turkey has beaten out China as the United States’ top cotton export market, the US industry does not expect the shift to last.

Turkey has received 1.68 million bales (about 0.38 million tonnes) and China 1.4 million bales of the USA’s total commitment (cotton already shipped plus contracts for cotton delivery not yet shipped) of 6.95 million bales for the 2013-2014 crop year, figures from the US Department of Agriculture show.…

TURKEY’S clothing industry is anticipating stronger export growth in 2014, despite growing concerns within the sector about increasing pressure on price from European retailers.

Cem Negrin, president of the Turkish Clothing Manufacturers’ Association (TCMA) said that the Turkish garment industry is aiming for growth of between 9% and 10% in 2014.…

TURKEY’S tobacco leaf industry enjoyed a boom year in 2013, with total tobacco production for the 2012 crop (purchased in 2013) up 52.6% to 69,348 kilogrammes (kg), according to data from Turkey’s Tobacco and Alcohol Market Regulatory Authority (Tütün ve Alkol Piyasası Düzenleme Kurumu – TAPDK).…

Canada’s higher education sector has welcomed a comprehensive strategy released by the Canadian government for recruiting more foreign students into its institutions.

Announcing a new International Education Strategy on Wednesday (Jan 15), the country’s international trade minister Ed Fast accepted that Canada could profit more from the lucrative global international student market.…

THE EXPANSION of the Prince Mohammad Bin Abdulaziz International Airport (PMIA) in Medina, Saudi Arabia, has long been overdue, with the facility having struggled to handle the spike in pilgrims visiting the two holy sites of Mecca and Medina. In a first for the Gulf region, the expansion is a public-private partnership, with Turkey’s TAV Airports Holding Company operating a 25-year concession that is expected to be rolled out elsewhere in the kingdom.…

BRAZIL-based textile industry conferences in 2014 will focus on innovation, with the country’s fabric sector seeking to trade up to higher end products.

Fairs such as Première Vision, have been growing in size. The bi-annual event was staged this month in São Paulo from January 21-22, with a follow up meeting from November 4 to 5.…

TURKEY’S cosmetics market is continuing to expand rapidly, despite slowing economic growth in the country as a whole over recent years. GDP rose by an average of 5.2% per year between 2002 and 2011, before slumping to 2.2% in 2012. Growth of 3.7% was forecast for 2013, with similar growth also expected in 2014.…

BY JONATHAN DYSON, in Istanbul

TURKEY’S cosmetics market is continuing to expand rapidly, despite slowing economic growth in the country as a whole over recent years. GDP rose by an average of 5.2% per year between 2002 and 2011, before slumping to 2.2% in 2012.…