Categories Business Finance HIGHLIGHTS Turkish Central Bank wows to end FX protected deposit scheme this year Atilla YeşiladaPosted on1 January, 2025 The Turkish central bank plans to end the forex-protected lira deposits (KKM) scheme in 2025 … Continue ReadingTurkish Central Bank wows to end FX protected deposit scheme this year
Categories Business General HIGHLIGHTS Turkey’s minimum wage controversy: Why so much hoopla? Atilla YeşiladaPosted on29 December, 2024 Turkish government announced a 30% increase in the minimum wage for 2025, setting the monthly … Continue ReadingTurkey’s minimum wage controversy: Why so much hoopla?
Categories Business Company & Industry Baykar acquires Piaggio Aerospace Cem CetingucPosted on27 December, 2024 Italy has approved the sale of Piaggio Aerospace, the country’s aviation giant, to the Turkish unmanned combat … Continue ReadingBaykar acquires Piaggio Aerospace
Categories Business Company & Industry HIGHLIGHTS TURKEY: Low-ball wage hike angers labor Atilla YeşiladaPosted on25 December, 2024 Turkish government has announced a 30 percent increase in the monthly minimum wage for the … Continue ReadingTURKEY: Low-ball wage hike angers labor
Categories Business Company & Industry HIGHLIGHTS Turkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation Atilla YeşiladaPosted on22 December, 2024 Into 2025, we expect that many companies will navigate a difficult consumer landscape, striving to … Continue ReadingTurkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation
Categories Business HIGHLIGHTS Turkey’s consumers end 2024 on a high note Atilla YeşiladaPosted on20 December, 2024 Despite relentless inflation eroding wages and salaries and general pessimism about AKP’s ability to steer … Continue ReadingTurkey’s consumers end 2024 on a high note
Categories Business HIGHLIGHTS Great relief for Turkey: US exempts her from Gazprombank sanctions Atilla YeşiladaPosted on20 December, 2024 Turkey has received an exemption for gas payments to Russia after the United States imposed … Continue ReadingGreat relief for Turkey: US exempts her from Gazprombank sanctions
Categories Business Company & Industry HIGHLIGHTS Halkbank case kicked back to Supreme Court Atilla YeşiladaPosted on19 December, 2024 According to the news by Can Kamiloğlu from VoA Turkish, Turkish state lender Halkbank’s petition … Continue Reading Halkbank case kicked back to Supreme Court
Categories Business Company & Industry HIGHLIGHTS Three Turkish companies among world’s top 100 arms dealers Cem CetingucPosted on2 December, 2024 ASELSAN, Baykar and TUSAŞ ranked among the world’s top 100 arms-producing and military services companies in 2023, according to … Continue ReadingThree Turkish companies among world’s top 100 arms dealers
Categories Business Company & Industry HIGHLIGHTS Turkish startups secure $4.7B in investments over four years Cem CetingucPosted on25 November, 202425 November, 2024 Türkiye’s technology startup ecosystem has shown significant growth recently and has attracted $4.7 billion in … Continue ReadingTurkish startups secure $4.7B in investments over four years
Categories Business Company & Industry HIGHLIGHTS Zeren Group finalizes Türkiye Petrolleri acquisition Cem CetingucPosted on25 November, 2024 ISTANBUL, Nov. 25, 2024 (GLOBE NEWSWIRE) — Zeren Group has successfully completed its acquisition of … Continue ReadingZeren Group finalizes Türkiye Petrolleri acquisition
Categories Business Economy HIGHLIGHTS Turkish economy: Supply-demand imbalance a hinderance to disinflation Atilla YeşiladaPosted on25 November, 2024 Growth outlook remained weak, while the demand indicators point to a slower-than-desired correction. Considering tight … Continue ReadingTurkish economy: Supply-demand imbalance a hinderance to disinflation
Categories Business Company & Industry HIGHLIGHTS Turkey’s real estate prices collapse in real terms Atilla YeşiladaPosted on20 November, 2024 Turkish house sales have been rising for three months in a row, breaking a 22-monht … Continue ReadingTurkey’s real estate prices collapse in real terms
Categories Business General HIGHLIGHTS Fitch Q&A: Will Trump residency REALLY benefit Turkey? Atilla YeşiladaPosted on17 November, 2024 Executive Summary In this analysis, we explore what a Donald Trump presidency in the US … Continue ReadingFitch Q&A: Will Trump residency REALLY benefit Turkey?
Categories Business Finance HIGHLIGHTS Commentary: Money will flow to stocks and real estate Atilla YeşiladaPosted on17 November, 2024 Hints by the Central Bank of Turkey (CBRT) about rate cuts as early as December, … Continue ReadingCommentary: Money will flow to stocks and real estate
Categories Business HIGHLIGHTS Halkbank objects to court ruling on sovereign immunity Atilla YeşiladaPosted on15 November, 2024 Halkbank, whose trial process continues as a defendant in the Riza Sarraf case heard in … Continue ReadingHalkbank objects to court ruling on sovereign immunity
Categories Business HIGHLIGHTS TURKEY: Retail sales recover after summer swoon Atilla YeşiladaPosted on12 November, 2024 Official stats agency Turkstat released retail sales and various trade turn-over data for September. Retail … Continue ReadingTURKEY: Retail sales recover after summer swoon
Categories Business Economy HIGHLIGHTS September industrial production: A mild recovery amidst general pessimism Atilla YeşiladaPosted on12 November, 2024 Tukey’s IP rose on a MoM basis but remains at depressed levels not observed since … Continue ReadingSeptember industrial production: A mild recovery amidst general pessimism
Categories Business Economy HIGHLIGHTS ANALYSIS: Slight improvement in September employment figures Atilla YeşiladaPosted on12 November, 2024 Unemployment rate materialized at 8.6%… Unemployment rate in September remained unchanged at 8.6% compared to … Continue ReadingANALYSIS: Slight improvement in September employment figures
Categories Business General HIGHLIGHTS Middle East Monitor: Turkey and the US Poised for new partnership Atilla YeşiladaPosted on11 November, 2024 Ankara has high hopes from Trump 2.0, as a large number of topics of mutual … Continue ReadingMiddle East Monitor: Turkey and the US Poised for new partnership
