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Wednesday, 30 November 2011
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Wednesday, 9 November 2011
The company experienced strong growth in India and Turkey, and produced strong results in Germany, Britain, and the Netherlands. Vodafone also raised its interim dividend by 7 percent on top of a special dividend from US company Verizon.
Vodafone naturally saw some decline in countries affected by the economic crisis, countries such as Spain, Italy, and Greece saw profits slip. Developing and strong nations such as Turkey are beginning to have more and more impact for Vodafone, these nations provide a healthy income for the company.
Analyst Will Draper said: “They’re really great numbers. Revenues are up 1 percent on the consensus and they’ve raised the operating guidance towards the top end of the range. So I think they’re pretty bullet proof.”
The company also moved its outlook for yearly operating profit to the top of its predicted results, changing the forecast from earlier this year to between 11.4 billion pounds and 11.8 billion pounds compared with 11 billion pounds to 11.8 billion pounds at the start of the year. CEO Vittorio Colao said: “We’re confident that we have the right strategy to continue to perform consistently through top line growth, cost efficiency, investment and cash generation.”
Tuesday, 8 November 2011
A senior official of the ruling Justice and Development Party (AK Party) said: “Legislation will most likely be introduced within this year.” The official also said that there will be tighter and more stringent supervision and punishments for buildings that are not up to the new standards.
Turkey was recently hit with a large earthquake in the province of Van that left many homeless. The new standards will lead to more homes in Turkey being earthquake resistant and increase the safety in Turkey.
Monday, 7 November 2011
The Ministry of Health Somalia team head, Dr. Akif Saatcioglu said that the second hospital would be resistant to the severe climate conditions in Somalia and will be significantly larger than the first one. The hospital will be situated near a former parliamentary building in the capital Mogadishu that is now a shelter for homeless people in Somalia.
The new hospital in Somalia will allow Turkey to help and provide aid for a huge amount of people in Somalia. Saatcioglu said that the hospital will be open soon for patients.
Somalia is currently suffering through the worst drought for the last 60 years. A United Nations report has stated that many thousands of people are in need of urgent help daily. Turkey has so far provided an unprecedented amount in aid and help to Somalia, the Turkish generosity has not gone unnoticed by Somali’s who now refer to Turkey as their Brother.
Friday, 4 November 2011
The data has shown that total revenue earned through online payments in Turkey has increased by 52 percent to 16.9 billion Turkish Lira in the first 9 months of this year compared with the same period last year.
General Manager of the Interbank Card Center (BKM), Soner Canko, said: “Almost one in every five people in Turkey now shops online.” Speaking at the Cardist 2011 International Card and Smart Technologies Exhibition & Summit held in Istanbul, Canko said that Turkey currently ranks among the biggest markets in Europe regarding online commerce.
The data has shown that the total number of internet transactions has jumped by 37 percent in the first three quarters of the year compared with the first nine months in 2010. The total number of internet transactions in the first three quarters has reached 91.4 million transactions.
Canko said that many international finance institutions are watching Turkey with an interest as the e-commerce market in Turkey becomes more and more promising and profitable.
The data showed that internet users in Turkey mostly used the services sector in their e-commerce activities. The services sector ranges from online tax paying to holiday reservations and generated a total of 2.53 billion Turkish Liras in the first nine months this year, representing a 69 percent increase over last year.