Categories Company & Industry Economy General HIGHLIGHTS Markets Politics President Erdogan addresses Turkish Economy, Defense, and Gaza Support Cem CetingucPosted on17 April, 202417 April, 2024 Following the conclusion of the local elections on March 31 and the Ramadan holiday, President … Continue ReadingPresident Erdogan addresses Turkish Economy, Defense, and Gaza Support
Categories Business Company & Industry General HIGHLIGHTS META’s Threads shut down operations in Türkiye Cem CetingucPosted on15 April, 2024 Meta Platforms announced on Monday that its social media platform Threads will be temporarily shut … Continue ReadingMETA’s Threads shut down operations in Türkiye
Categories Business Company & Industry General HIGHLIGHTS Sabanci Holding – Buy: Remains undervalued and attractive Cem CetingucPosted on13 April, 2024 NAV update. We have revisited our NAV model and applied higher valuations to the banking … Continue ReadingSabanci Holding – Buy: Remains undervalued and attractive
Categories Company & Industry Economy General HIGHLIGHTS Turkey’s Manufacturing PMI declines in March Cem CetingucPosted on1 April, 2024 March results of Istanbul Chamber of Industry (ISO) Turkey Manufacturing PMI Survey were announced. … Continue ReadingTurkey’s Manufacturing PMI declines in March
Categories Company & Industry Economy HIGHLIGHTS Annual inflation in Istanbul continues to rise: ITO Data Cem CetingucPosted on1 April, 2024 According to ITO data, retail prices in Istanbul increased by 3.93 percent and wholesale prices … Continue ReadingAnnual inflation in Istanbul continues to rise: ITO Data
Categories Company & Industry HIGHLIGHTS Markets HSBC Research is overweight in Turkish equities Atilla YeşiladaPosted on30 March, 2024 Turkish equities have performed strongly y-t-d, and indeed since Mehmet Simsek was reappointed as Finance … Continue ReadingHSBC Research is overweight in Turkish equities
Categories Company & Industry Economy Finance HIGHLIGHTS Fitch Raises TWF’s Rating to B+ with Positive Outlook Cem CetingucPosted on27 March, 202427 March, 2024 Fitch’s latest move upgrades Türkiye Wealth Fund’s rating to B+ and signals a positive outlook, … Continue ReadingFitch Raises TWF’s Rating to B+ with Positive Outlook
Categories Company & Industry Finance HIGHLIGHTS Branchout Türkiye Unveils Türkiye M&A Outlook 2023 Report Cem CetingucPosted on27 March, 2024 Evidence of a contracting global economy was also manifested in merger and acquisition (M&A) activities … Continue ReadingBranchout Türkiye Unveils Türkiye M&A Outlook 2023 Report
Categories Business Company & Industry HIGHLIGHTS Turkey,Azerbaijan agrees to export Turkmen oil Cem CetingucPosted on25 March, 2024 The share of transit oil from Kazakhstan and Turkmenistan, transported through the BTC pipeline (Baku-(Azerbaijan)-Tbilisi … Continue ReadingTurkey,Azerbaijan agrees to export Turkmen oil
Categories Company & Industry Economy HIGHLIGHTS Turkish Banks’ NII Conundrum Is Being Resolved Cem CetingucPosted on25 March, 202425 March, 2024 Turkish Banks’ Margin Defense Looks Solid Despite Rising Rates (Bloomberg Intelligence) — Akbank, Garanti, Isbank … Continue ReadingTurkish Banks’ NII Conundrum Is Being Resolved
Categories Company & Industry Economy Finance HIGHLIGHTS Markets TEPAV: Rate hike should be 500 bps as two main problems emphasized Güldem AtabayPosted on19 March, 202419 March, 2024 In its ‘Monetary Policy Assessment Note’, TEPAV emphasized that the policy rate should be raised … Continue ReadingTEPAV: Rate hike should be 500 bps as two main problems emphasized
Categories Business Company & Industry HIGHLIGHTS Türkiye’s competition board issues temporary injunction against Meta Cem CetingucPosted on18 March, 2024 Türkiye’s competition board has taken decisive action against tech giant Meta, issuing a temporary injunction over … Continue ReadingTürkiye’s competition board issues temporary injunction against Meta
Categories Company & Industry General HIGHLIGHTS Turkish house sales increase in February Cem CetingucPosted on14 March, 2024 Türkiye’s housing market saw a mixed bag of results in February 2024, according to the … Continue ReadingTurkish house sales increase in February
Categories Business Company & Industry General HIGHLIGHTS Politics Turkish delegation goes to Iraq for oil and security exports Cem CetingucPosted on14 March, 202418 March, 2024 Iraq and Turkey are set to hold a high-level talks in Baghdad on Thursday to discuss co-operation in … Continue ReadingTurkish delegation goes to Iraq for oil and security exports
Categories Business Company & Industry HIGHLIGHTS Turkey aims to become world’s ‘biggest’ textile producer Cem CetingucPosted on12 March, 2024 Türkiye’s textile industry told Texhibition Istanbul attendees and Just Style its ultimate aim is to … Continue ReadingTurkey aims to become world’s ‘biggest’ textile producer
Categories Company & Industry HIGHLIGHTS Markets HSBC Turkish aviation report: Still refreshing Atilla YeşiladaPosted on9 March, 2024 Still attractive despite normalisation trends Prospects for the 2024 tourism season are positive; travel agencies … Continue ReadingHSBC Turkish aviation report: Still refreshing
Categories Business Company & Industry Halkbank trial reaches yet another critical juncture Atilla YeşiladaPosted on9 March, 2024 The long-lasting Halkbank trial on charges of being the conduit for Iran money laundering by … Continue ReadingHalkbank trial reaches yet another critical juncture
Categories Company & Industry General Apikur: Oil producers deny the resumption of exports to Turkey Cem CetingucPosted on6 March, 2024 The Kurdistan Oil Industry Association (Apikur) said on Saturday that the Iraqi executive, the Kurdistan … Continue ReadingApikur: Oil producers deny the resumption of exports to Turkey
Categories Company & Industry Economy HIGHLIGHTS Turkish foreign policy focuses on energy sector Cem CetingucPosted on4 March, 20244 March, 2024 Turkey has an energy dependence problem. For the past two decades, Ankara’s energy needs have … Continue ReadingTurkish foreign policy focuses on energy sector
Categories Company & Industry General HIGHLIGHTS Rosatom: Second nuclear power plant for Turkey on the way Cem CetingucPosted on29 February, 2024 Alexey Likhachev, head of the Rosatom state Corporation, said that the Turkish authorities had made … Continue ReadingRosatom: Second nuclear power plant for Turkey on the way