Categories HIGHLIGHTS Politics Protests Erupt in Turkey After Pro-Kurdish Mayor’s Dismissal Cem CetingucPosted on6 June, 2024 Several protesters were hurt and detained on Tuesday after security forces moved in during a … Continue ReadingProtests Erupt in Turkey After Pro-Kurdish Mayor’s Dismissal
Categories Company & Industry HIGHLIGHTS Turkish Defence Industry to mass produce Altay battle tanks Cem CetingucPosted on30 May, 2024 New generation Altay tank under the project of Presidency of Defence Industries is upgraded to … Continue ReadingTurkish Defence Industry to mass produce Altay battle tanks
Categories Company & Industry General HIGHLIGHTS Türkiye pushes top ten in global renewable energy capacity Cem CetingucPosted on30 May, 202430 May, 2024 Türkiye has climbed to the 11th spot in global renewable energy capacity ranking, Energy Minister Alparslan Bayraktar has said, citing data … Continue ReadingTürkiye pushes top ten in global renewable energy capacity
Categories General HIGHLIGHTS Turkey to build railway from Kars to Nakhchivan Cem CetingucPosted on30 May, 202430 May, 2024 Turkey will start building a railway from Kars to Nakhchivan, Azerbaijan’s exclave region, at the … Continue ReadingTurkey to build railway from Kars to Nakhchivan
Categories Economy HIGHLIGHTS Türkiye reveals major plan against housing crisis Cem CetingucPosted on30 May, 2024 Minister of Treasury and Finance Mehmet Simsek announces regulations for Project Real Estate Investment Funds, … Continue ReadingTürkiye reveals major plan against housing crisis
Categories Economy HIGHLIGHTS Iran and Turkey: Sabotaging future economic prospects Cem CetingucPosted on30 May, 202430 May, 2024 Turkey and Iran are strategically located between East and West, but they are land, not … Continue ReadingIran and Turkey: Sabotaging future economic prospects
Categories Economy HIGHLIGHTS Monetary policy will not stoke inflation: Erdoğan Cem CetingucPosted on30 May, 2024 While addressing the Foreign Economic Relations Board, Turkish President Erdoğan has argued that the recently … Continue ReadingMonetary policy will not stoke inflation: Erdoğan
Categories Emerging Markets HIGHLIGHTS Türkiye aims to become hub for technology companies Cem CetingucPosted on25 May, 2024 Türkiye is working to become one of the centers of technology venture companies in the world, Industry … Continue ReadingTürkiye aims to become hub for technology companies
Categories General HIGHLIGHTS Turkey cancels 25 percent rent cap: Minister Şimşek Cem CetingucPosted on25 May, 2024 Turkish Finance Minister Mehmet Şimşek has announced that they won’t extend the 25 percent rent … Continue ReadingTurkey cancels 25 percent rent cap: Minister Şimşek
Categories HIGHLIGHTS Markets Citi, BofA analysts offered upbeat assessments on Turkish markets Cem CetingucPosted on25 May, 202425 May, 2024 In recent reports from Citi and Bank of America (BofA), analysts have offered upbeat assessments of the Turkish economy and … Continue ReadingCiti, BofA analysts offered upbeat assessments on Turkish markets
Categories Company & Industry HIGHLIGHTS Negotiations on Yapı Kredi’s share sale stuck in valuation difference Cem CetingucPosted on22 May, 202422 May, 2024 Preliminary talks between First Abu Dhabi Bank PJSC (FAB) and Koç Holding to buy a … Continue ReadingNegotiations on Yapı Kredi’s share sale stuck in valuation difference
Categories Finance HIGHLIGHTS BIST rally expected to accelerate if Turkey exits FATF grey list Cem CetingucPosted on20 May, 202420 May, 2024 Turkey’s removal from the FATF grey list and the reopening of swap channels for foreign … Continue ReadingBIST rally expected to accelerate if Turkey exits FATF grey list
Categories Finance HIGHLIGHTS New Turkey crypto bill draws international attention Cem CetingucPosted on20 May, 202420 May, 2024 Turkish President Tayyip Erdogan’s ruling party has introduced a draft law to parliament, mandating licensing … Continue ReadingNew Turkey crypto bill draws international attention
Categories HIGHLIGHTS Markets Turkey’s role in Putin’s covert fuel sales to the EU Cem CetingucPosted on20 May, 2024 Moscow bagged €3 billion through a sanctions loophole that allows Turkey to relabel Russian oil … Continue ReadingTurkey’s role in Putin’s covert fuel sales to the EU
Categories Economy HIGHLIGHTS Inflation Outlook Improves: Minister Şimşek Cem CetingucPosted on20 May, 2024 The positive results of the economic program the government is implementing are reflected in inflation … Continue ReadingInflation Outlook Improves: Minister Şimşek
Categories General HIGHLIGHTS Agriculture is essential for Türkiye’ survival: President Erdoğan Cem CetingucPosted on17 May, 202417 May, 2024 President Recep Tayyip Erdoğan has highlighted the critical role of agriculture in Türkiye’s survival, underscoring the need for unity and … Continue ReadingAgriculture is essential for Türkiye’ survival: President Erdoğan
Categories Economy HIGHLIGHTS Number of paid employees increased by 2.6 percent annually Cem CetingucPosted on15 May, 2024 Number of paid employees including industry, construction, trade-services sectors increased by 2.6% in March 2024 … Continue ReadingNumber of paid employees increased by 2.6 percent annually
Categories Company & Industry HIGHLIGHTS Legal reform enables Turkey to export LNG to EU Cem CetingucPosted on15 May, 2024 A new amendment to mining regulations in Türkiye, along with numerous energy laws adopted by … Continue ReadingLegal reform enables Turkey to export LNG to EU
Categories HIGHLIGHTS Politics Erdoğan pledges to limit ‘bureaucratic control’ amid police inquiry Cem CetingucPosted on15 May, 2024 President Recep Tayyip Erdoğan has pledged resolute action against any form of “bureaucratic control” as an investigation unfolds … Continue ReadingErdoğan pledges to limit ‘bureaucratic control’ amid police inquiry
Categories Company & Industry Finance HIGHLIGHTS Petkim: Raise estimates on updated FX; fundamentals remain challenging Cem CetingucPosted on15 May, 2024 Inflation accounting: Petkim has applied TAS 29 “Financial reporting in hyperinflationary economies” in its consolidated … Continue ReadingPetkim: Raise estimates on updated FX; fundamentals remain challenging
