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Expert View
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IsBank's move to integrate its mobile banking platform with its ATMs to enable cash withdrawals via mobile phones signals a proactive move by the bank to adapt its systems to reflect the growing popularity of technology-based services, and supports Turkey's development towards a cardless future.
Published By Datamonitor
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25 Jan 2013 |
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Expert View
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The United Nations World Food Programme, in conjunction with Red Crescent, has recently begun trialing the use of prepaid cards for aid distribution in refugee camps. While providing benefits in terms of aid distribution, the move also signifies a potential new market for prepaid cards to expand into, even if profitability gives way to humanitarian concerns.
Published By Datamonitor
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12 Dec 2012 |
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Expert View
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The legal hurdles that exist in countries such as China restrict the degree to which foreign banks can enter and conduct business. These restrictions do not necessarily negate the opportunities in these countries, but they do mean that alternative routes to market other than the acquisition of a smaller local player may be necessary, complicating and adding to the cost of entry.
Published By Datamonitor
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08 Oct 2012 |
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CommentWire
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Russian energy giant Gazprom is planning to extend its reach into Western Europe's energy market by investing in new power generating assets. Gazprom's plans come at an interesting time when Europe's energy market faces numerous challenges, and the development will raise eyebrows among regulators trying to unbundle existing energy monopolies.
Published By Datamonitor
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06 Jul 2011 |
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CommentWire
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With the passing of Greece's latest austerity measures, healthcare spending is set to be reduced by a reported E2.1bn ($2.8bn) during 2011-15, primarily through price cuts on pharmaceuticals. This will negatively impact pharmaceutical company sales not only in that nation, but also in other countries that reference Greek drug prices.
Published By Datamonitor
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30 Jun 2011 |
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CommentWire
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Retail giant Tesco aims to increase its store base in Turkey by nearly 50% in 2011, a significant rise in its rate of expansion. The move will help Tesco keep pace with its global competitors and capitalize on increasingly favorable market conditions, as well as open doors to potential entry into the Middle East and Africa, making Tesco a truly global retailer.
Published By Datamonitor
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23 Jun 2011 |
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CommentWire
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As emerging renewable energy markets across Europe opt to cut their feed-in tariffs for photovoltaics in an attempt to curtail government spending, Turkey is introducing its first feed-in tariff support scheme for solar power, as well as wind, hydro, and geothermal technology. However, the new changes are unlikely to be enough to meet Turkey's ambitious renewables targets.
Published By Datamonitor
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14 Jan 2011 |
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CommentWire
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The UK-based Kingfisher is set to introduce a franchise model as part of its long-term growth plans, which are to be announced in the first quarter of 2011. This initiative will enable Kingfisher to expand quickly, reduce the impact of difficult trading conditions in the UK and increase its hold over the European market.
Published By Datamonitor
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07 Oct 2010 |
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CommentWire
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Rossmann, one of Europe's largest health and beauty retailers, has entered the Turkish market, opening two stores in the capital Ankara as part of a joint venture with local company PNR Group. The move is part of the retailer's strategy to enter less developed markets that offer strong expenditure growth, and will help to boost its surging international sales further.
Published By Datamonitor
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05 Aug 2010 |
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Expert View
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This month's new drinks review finds a range of innovative alcohol and soft drink launches, ranging from an alcohol-free whisky and a bean-flavored cola to an energizing mulled wine. These new products highlight that there is plenty of inspiration in the market to help generate growth.
Published By Datamonitor
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05 Jan 2010 |
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