Made in Turkey November - December 2018

EconomicNewspaper
November
10 Please mention
December
“Made in Turkey” when writing to advertisers Monthly Economic Newspaper ww.img.com.tr
2018
Elruha Karagül
gorgeous,
romantic and
mystique
fragrance ever
There are thousands of fragrances that
have come and gone, but only a handful have
earned the title of being called the most romantic
of all time. They have become staples
in the perfume arsenals of many and have
captured the hearts of women across several
generations. If you’re in the market to invest
in a charming potion, look no further.
Elruha Kozmetik, which achieved a big
difference through hundreds of fragrance
varieties, Elruha Kozmetik has also been
producing cologne, perfume, auto fragrances,
soap, bamboo (stick room odor) and cream of
this legendary flower.
With
its
unparalleled quality, aesthetic appearance
and unmatched fragrance Karagül, which
resembles a state-of-art item, is grown only
in Halfeti town of Şanlıurfa. It is known
that Karagül is a very special and distinctive
flower with a feature that it leaves its color on
the soil when it is picked up and blossoms red
when taken away.
Subjected to many books, poems and
serials, Karagül attained this unmatched fragrance
thanks to two and a half years of painstaking
efforts of Elruha Kozmetik in spring
months when it blossoms darkest black picked
up from roses and processed with a special
formula developed by Elruha Kozmetik. Contrary
to classic perfumes and colognes which
are losing their fragrances in time, the permanent
fragrances of Elruha Karagül stays for
many days and make all others
neglected to users.
New port expected to
boost Turkey’s cruise
tourism
With the cruise port
planned to be built in Istanbul’s
coastal neighborhood
Yenikapı, Turkey expects to
increase its share of global
cruise tourism, which has
an annual turnover of $35
billion, to approximately
$1.5 billion. So, Istanbul will
be one of the major cruise
centers in the Mediterranean
region.
According to the information
compiled from the Turkish
Transport and Infrastructure
Ministry’s Directorate
General of Merchant Marine
and the Cruise Lines International
Association (CLIA),
the number of individuals
who preferred cruise tourism
across the world was 25.8 million
in 2017, and this figure
is expected to rise to 27.2
million by the end of 2018.
Turkey
uses the
cheapest
electricity
in Europe
The consumer price
index in Turkey is
expected to meet
year-end targets, the
Central Bank of the
Republic of Turkey
(CBRT) Governor
Murat Çetinkaya
said. “With the contribution
of coordinated
measures, it
is expected that the
inflation [rate] will
gradually converge
with our targets,”
Çetinkaya said in during
his presentation
titled “Macroeconomic
Outlook and
Monetary Policy” at
the JP Morgan Investor
Conference in Istanbul.
According to
Çetinkaya, the CBRT
implemented a strong
monetary tightening
policy to limit the deterioration
in pricing
behavior.
Commenting on Turkey’s
macroeconomic
outlook, Çetinkaya
said “The stabilization
tendency in the
economy has become
evident. Economic
activity has slowed
down due to the
tightening of financial
conditions and weak
domestic demand.”
Credit growth
continues to slow
down as the recent
credit growth trend
currently falls below
historical averages,
he added.
Monthly Economic Newspaper
Last year, a total of 35.4
percent of tourists who traveled
with “floating five-star
hotels” preferred the Caribbean
region, 15.8 percent
the Mediterranean, including
Turkey, and 11.3 percent
European countries without
shores on the Mediterranean.
The number of cruise ships
berthed at Turkish ports fell
to 311 last year from 1,542
in 2013, as a result of cruise
ships removing the Eastern
Mediterranean from the
route. In the same period,
the number of cruise tourists
Turkey hosted plummeted
to 307,000 from 2.2 million.
With cruise companies
re-including Turkey in their
route, the sector has gained
momentum in 2018 and is
expected to return to the
previous figures soon.
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