Categories Company & Industry General HIGHLIGHTS Tech Turkey to become top microchip producer amid global shortage Cem CetingucPosted on2 February, 20222 February, 2022 With strong investment and a policy of sustainability, Turkey may be a global center for microchip production, benefiting … Continue ReadingTurkey to become top microchip producer amid global shortage
Categories Business Company & Industry Finance HIGHLIGHTS SISE Buy: Top-line growth to offset margin decline Cem CetingucPosted on2 February, 2022 2022 is mainly about top-line growth. We believe 2021 concluded with firmer operating margins y-o-y … Continue ReadingSISE Buy: Top-line growth to offset margin decline
Categories Business Company & Industry Economy General HIGHLIGHTS Erdoğan announces electricity price adjustment as Turks protest hikes Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdoğan announced an adjustment in the calculation of electricity prices after … Continue ReadingErdoğan announces electricity price adjustment as Turks protest hikes
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories General HIGHLIGHTS HYPED Politics Erdogan seeks payoff from Russia-US clash on Ukraine Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdogan will try to leverage his strategic position in NATO and … Continue ReadingErdogan seeks payoff from Russia-US clash on Ukraine
Categories Economy HIGHLIGHTS Markets ‘Erdogan has his head in the sand,’ says analyst on Turkish economy Atilla YeşiladaPosted on2 February, 2022 President Recep Tayyip Erdogan is jeopardizing Turkey’s economy by pursuing an unorthodox economic policy in … Continue Reading‘Erdogan has his head in the sand,’ says analyst on Turkish economy
Categories Economy HIGHLIGHTS January PMI signals sharp slowdown in the manufacturing sector as high inflation hits Güldem AtabayPosted on1 February, 2022 The January PMI data for the Turkish manufacturing sector weakening to 50,5 showed the slowing … Continue ReadingJanuary PMI signals sharp slowdown in the manufacturing sector as high inflation hits
Categories Economy HIGHLIGHTS Politics Further cabinet shuffle in the cards for Erdoğan’s government Güldem AtabayPosted on1 February, 2022 Four more ministers in Turkish President Recep Tayyip Erdoğan’s cabinet may leave their seats after … Continue ReadingFurther cabinet shuffle in the cards for Erdoğan’s government
Categories General HIGHLIGHTS Missed Opportunity: Turkey-Israel Relationship Atilla YeşiladaPosted on1 February, 2022 Missed Opportunity: Turkey-Israel Relationship | Real Turkey Once upon a time Turkey … Continue ReadingMissed Opportunity: Turkey-Israel Relationship
Categories Economy HIGHLIGHTS Turkey’s minimum wage approaching starvation line Güldem AtabayPosted on1 February, 2022 The gap in Turkey between the minimum wage and starvation line has almost almost completely … Continue ReadingTurkey’s minimum wage approaching starvation line
Categories Economy HIGHLIGHTS Turkish central bank to set interest rates on dollar-linked deposits Güldem AtabayPosted on1 February, 2022 Turkey’s central bank will set maximum interest rates to be charged by banks on dollar-linked … Continue ReadingTurkish central bank to set interest rates on dollar-linked deposits
Categories Economy HIGHLIGHTS Istanbul inflation surges to 19-year high to 50.9 percent Güldem AtabayPosted on1 February, 2022 Inflation in Istanbul announced by the Istanbul Chamber of Commerce (ITO) showed January 2022 Wage Earners’ … Continue ReadingIstanbul inflation surges to 19-year high to 50.9 percent
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories General HIGHLIGHTS Politics Turkey’s past, present and future: After Erdogan, what then? Cem CetingucPosted on1 February, 2022 This latest history of Turkey in the 20th century traces the line of change from the … Continue ReadingTurkey’s past, present and future: After Erdogan, what then?
Categories Economy General HIGHLIGHTS Politics President Erdoğan: Taking necessary steps to protect our people from inflation Cem CetingucPosted on1 February, 2022 We are taking steps one by one which will protect our people from high inflation … Continue ReadingPresident Erdoğan: Taking necessary steps to protect our people from inflation
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Q4 21 results – What to expect? Cem CetingucPosted on1 February, 2022 Q4 2021 earnings season will start next week. We expect 39% earnings growth qoq and … Continue ReadingTurkish Banks: Q4 21 results – What to expect?
Categories Business Company & Industry General HIGHLIGHTS Industry and technology minister: Turkey top home appliances exporter in Europe in 2021 Cem CetingucPosted on1 February, 2022 Turkey took top honors as the largest home appliances exporter in Europe in 2021, the … Continue ReadingIndustry and technology minister: Turkey top home appliances exporter in Europe in 2021
Categories General HIGHLIGHTS Turkish Government takes steps to counter ‘harmful’ TV shows for the good of family values Cem CetingucPosted on1 February, 2022 A presidential circular published on the Official Gazette has said necessary steps will be taken to “counter” … Continue ReadingTurkish Government takes steps to counter ‘harmful’ TV shows for the good of family values
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Sector Monthly Data Cem CetingucPosted on1 February, 2022 29% monthly ROE on lower provision expenses Turkish banking sector’s December net income is up … Continue ReadingTurkish Banks: Sector Monthly Data
Categories Finance HIGHLIGHTS Markets Reuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira Atilla YeşiladaPosted on1 February, 2022 Turkish authorities either deny intervening in the currency market, or answer questions about the subject. … Continue ReadingReuters: Central Bank sold $600 mn to $1 bn last week to defend Turkish Lira
