Categories Company & Industry Finance General HIGHLIGHTS Turkish authorities investigate reasons of FTX’s collapse Cem CetingucPosted on17 November, 2022 The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall. … Continue ReadingTurkish authorities investigate reasons of FTX’s collapse
Categories Company & Industry Economy HIGHLIGHTS HYPED Moody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent Cem CetingucPosted on14 November, 2022 International credit rating agency Moody’s on Thursday upgraded its forecast for Türkiye’s economic growth this … Continue ReadingMoody’s rises Turkeys 2022 GDP growth estimate to 5.3 percent
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Company & Industry General HIGHLIGHTS Higher education graduation rate rose to 40 percent in Turkey: Report Cem CetingucPosted on7 November, 2022 The higher education graduation rate of young adults in Turkey, which was 9 percent in … Continue ReadingHigher education graduation rate rose to 40 percent in Turkey: Report
Categories Business Company & Industry HIGHLIGHTS Turkish banks face tough market in FX loan refinancing Atilla YeşiladaPosted on4 November, 2022 Turkey’s current account deficit (CAD) is expected to hit $60 bn by YE2022, and not … Continue ReadingTurkish banks face tough market in FX loan refinancing
Categories Business Company & Industry General HIGHLIGHTS HYPED BOTAS signs new gas deal with the National Iranian Gas Co. Cem CetingucPosted on4 November, 2022 Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the … Continue ReadingBOTAS signs new gas deal with the National Iranian Gas Co.
Categories Company & Industry Economy Finance General HIGHLIGHTS Turan: Access to loan gets more difficult on a daily basis Cem CetingucPosted on30 October, 2022 Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis
Categories Company & Industry General HIGHLIGHTS HYPED Bird outside the cage: Elon Musk takes total control of Twitter Cem CetingucPosted on28 October, 2022 Elon Musk has taken control of Twitter with brutal efficiency, firing top executives immediately but … Continue ReadingBird outside the cage: Elon Musk takes total control of Twitter
Categories Company & Industry General HIGHLIGHTS Turkish Competition Authority fines Facebook 6.5M dollars Cem CetingucPosted on27 October, 2022 The Turkish Competition Authority has ordered Facebook to pay a total fine of 346 million Turkish Liras ($6.5 … Continue ReadingTurkish Competition Authority fines Facebook 6.5M dollars
Categories Business Company & Industry General HIGHLIGHTS GEM Digital invests 50M dollars on Manc to boost global expansion Cem CetingucPosted on27 October, 202227 October, 2022 The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion
Categories Company & Industry Finance General HIGHLIGHTS Turkish banks heavily concerned about new monetary rules Cem CetingucPosted on27 October, 202227 October, 2022 Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules
Categories Business Company & Industry Economy General HIGHLIGHTS Turkish banks are struggling to attract international investors amid rising debt Cem CetingucPosted on26 October, 2022 Turkish banks are struggling to attract international investors to take on their swelling ranks of … Continue ReadingTurkish banks are struggling to attract international investors amid rising debt
Categories Company & Industry Economy General HIGHLIGHTS Doctors flee country due to abuse, soaring inflation Cem CetingucPosted on25 October, 202228 October, 2022 Turkish doctor Mesut began his career wanting to help patients and be of use to … Continue ReadingDoctors flee country due to abuse, soaring inflation
Categories Business Company & Industry New deal signed between MBC Group, Medyapim & Ay Yapim Cem CetingucPosted on21 October, 2022 MBC Group has signed a five-year agreement with Turkish production houses, Medyapim and Ay Yapim. … Continue ReadingNew deal signed between MBC Group, Medyapim & Ay Yapim
Categories Company & Industry General HIGHLIGHTS Turkish football struggles over a decade: What’s next? Cem CetingucPosted on21 October, 2022 Pity the fans of Trabzonspor, a football club from Turkey’s Black Sea region. In May, … Continue ReadingTurkish football struggles over a decade: What’s next?
Categories Business Company & Industry General HIGHLIGHTS Turkish Airlines targets 17 percent annual growth in 2023 Cem CetingucPosted on20 October, 2022 Turkish Airlines (THY) aims to achieve a growth of between 15 to 17 percent next … Continue ReadingTurkish Airlines targets 17 percent annual growth in 2023
Categories Company & Industry General HIGHLIGHTS Tech Turkey tests out new domestic ballistic missile over Black Sea Cem CetingucPosted on19 October, 2022 Turkey test-fired a locally made, short-range ballistic missile over the Black Sea, media reports said … Continue ReadingTurkey tests out new domestic ballistic missile over Black Sea
Categories Company & Industry HIGHLIGHTS HYPED Markets Turkey’s R&D spending rises to $4.4 billion: Turkstat Cem CetingucPosted on19 October, 2022 The Turkish Statistical Institute (TurkStat) announced on Wednesday that Türkiye’s gross domestic expenditure on research … Continue ReadingTurkey’s R&D spending rises to $4.4 billion: Turkstat
Categories Company & Industry General HIGHLIGHTS Politics Russians swarm Istanbul due to Putin’s mobilization Cem CetingucPosted on6 October, 2022 Vladimir Putin’s military draft “changed everything” for the tens of thousands of Russians who have … Continue ReadingRussians swarm Istanbul due to Putin’s mobilization
Categories Company & Industry HIGHLIGHTS HYPED Turkish low-budget horror movies boom Cem CetingucPosted on2 October, 2022 Kneeling before a chalk star outside his tumbledown house, an old man performs a ritual … Continue ReadingTurkish low-budget horror movies boom
