Categories Business No revenge shopping in Turkey Atilla YeşiladaPosted on4 June, 20204 June, 2020 Turkey’s 450 odd shopping malls, which opened partially on May 11, resumed service fully on … Continue ReadingNo revenge shopping in Turkey
Categories Business Company & Industry Turkish auto sales stuck at the bottom Atilla YeşiladaPosted on4 June, 20204 June, 2020 Passenger car and light commercial vehicle market down 2.4 percent in May Domestic automobile and … Continue ReadingTurkish auto sales stuck at the bottom
Categories Business Moody’s says Turkish banking system outlook negative, as BRSA wants more loan growth Atilla YeşiladaPosted on2 June, 20203 June, 2020 Cover chart: 13-week moving average loan growth rates, red total, blue state banks, green private … Continue ReadingMoody’s says Turkish banking system outlook negative, as BRSA wants more loan growth
Categories Business Automotive suppliers survey rings alarm bells Atilla YeşiladaPosted on2 June, 20202 June, 2020 Early Warning for Automotive Industry from TAYSAD! According to the forth survey by automotive suppliers … Continue ReadingAutomotive suppliers survey rings alarm bells
Categories Business Company & Industry May SAMEKS composite PMI rose by 11.8 points Atilla YeşiladaPosted on1 June, 20201 June, 2020 Cover chart: SAMEKS composite Index in Turkish In May 2020, seasonally and calendar adjusted SAMEKS … Continue ReadingMay SAMEKS composite PMI rose by 11.8 points
Categories Business Company & Industry Foreign banks may be turning to the exit as Turkey tightens grip on sector Atilla YeşiladaPosted on30 May, 20203 June, 2020 Financial fallout from the coronavirus crisis could hasten mergers or retreats by some of Turkey’s … Continue ReadingForeign banks may be turning to the exit as Turkey tightens grip on sector
Categories Business “Tobin taxes” raise concern about ‘capital controls’ Atilla YeşiladaPosted on29 May, 202029 May, 2020 Turkish government is trying to cover the FX shortage and budget deficits caused by the … Continue Reading“Tobin taxes” raise concern about ‘capital controls’
Categories Business Company & Industry THY chairman: Recovery in the industry may take up to five years Atilla YeşiladaPosted on29 May, 202029 May, 2020 It is true that even if the Covid-19 pandemic is over, some things will never … Continue ReadingTHY chairman: Recovery in the industry may take up to five years
Categories Business Turkey’s novel solution to NG surplus Atilla YeşiladaPosted on27 May, 202027 May, 2020 Turkey purchased too much NG, has little demand for energy and the renewables industry is … Continue ReadingTurkey’s novel solution to NG surplus
Categories Business Turkey reports 1,610 new cases, dreams of V shaped recovery Editor P.A.Posted on17 May, 202021 May, 2020 Despite prognostications to the contrary, Turkey’s battle against Cvid-19 seems to have stuck a few … Continue ReadingTurkey reports 1,610 new cases, dreams of V shaped recovery
Categories Business Turkish gov’t announces 30 percent increase in import tariffs for several goods Editor P.A.Posted on12 May, 202021 May, 2020 The Turkish government on May 11 announced new import tariffs on dozens of goods including … Continue ReadingTurkish gov’t announces 30 percent increase in import tariffs for several goods
Categories Business Turkey’s energy import bill down 9.6% in Q1 amid lower oil prices Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s energy import bill dropped by 9.6% year-on-year between January and March amid thanks to … Continue ReadingTurkey’s energy import bill down 9.6% in Q1 amid lower oil prices
Categories Business Turkey’s great shopping mall debate Editor P.A.Posted on11 May, 202021 May, 2020 Rejoice, ye all! Turkey joined the European countries relaxing Covid epidemic related restrictions as of … Continue ReadingTurkey’s great shopping mall debate
Categories Business Turkey to inject capital into state banks Editor P.A.Posted on8 May, 202021 May, 2020 Turkey’s state banks have become the major conduit through which state aid is flowing to … Continue ReadingTurkey to inject capital into state banks
Categories Business Consumer confidence drops in April, Ipsos finds wide-spread economic anxiety Editor P.A.Posted on5 May, 202021 May, 2020 Turkey’s private sector consumer confidence gauge, compiled by financial broadcaster BloombergHT decline further in April, … Continue ReadingConsumer confidence drops in April, Ipsos finds wide-spread economic anxiety
Categories Business Moody’s pessimistic on Turkey rating Editor P.A.Posted on4 May, 202021 May, 2020 Moody’s notes declining Central Bank reserves, economic policy uncertainty as main reasons for its negative … Continue ReadingMoody’s pessimistic on Turkey rating
Categories Business Politics Turkey near top of regional fraud league Editor P.A.Posted on4 May, 202021 May, 2020 ISTANBUL: Turkey is the second-worst country in its region for business fraud, and known cases … Continue ReadingTurkey near top of regional fraud league
Categories Business Turkcell: Take on COVID-19 impact Editor P.A.Posted on4 May, 202021 May, 2020 Turkcell’s management has provided its views on the effect of COVID-19, saying roaming will clearly … Continue ReadingTurkcell: Take on COVID-19 impact
