Price hikes hit budgets in Turkey

The government raises electricity prices by 9.3 percent. The hike is the third of its kind in as many days following big increases...

Şirince village gets ready for ‘Doomsday’ events

Sirince sees a boost in tourism as believers in the Mayan calendar flock to the city, whose positive energy could help weather the...

Housing sales in Turkey drop 19 pct in first quarter of 2012

Home sales in the first quarter were down 19 percent from the previous quarter, TÜİK data show. Eastern and Black Sea provinces have...

Aggressive competitors, smugglers irk oil company

Vast discounts implemented by new players in the gasoline business are hurting large fuel distributors like Opet. High taxes encourage smuggling, says firm...

Hilton keeps expanding in Turkey.

After opening a record eight hotels in Turkey last year (5% of its global openings), Hilton Worldwide is continuing its expansion with the...

Whitney Houston: Sony ‘sorry’ for album price hike

Record label Sony has apologised for increasing the price of two Whitney Houston albums in the UK, hours after her death on Saturday....

Two missing Britons found in Turkish Riviera

Two Britons who went missing during a hike near the Aegean resort town of Bodrum were found by search and rescue teams yesterday....

Third of 20 mln homes risk to be demolished

Turkey is getting ready for a major urban transformation project which includes the demolition of millions of buildings all around the country. The...

State to Pay out $1,000 for each Foreign Patient

The Ministry of Economy’s new incentives for health tourism, aimed at drawing in patients from the Middle East as well as a wide...

Kevin O’Kane jailed for four years

Co Antrim international property fraudster Kevin O'Kane, who smashed 59 people's dreams of owning a "piece of paradise" in Turkey, has been jailed...

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