Categories Economy HIGHLIGHTS Investors’ interest in Türkiye is on the rise: Minister Şimşek Cem CetingucPosted on5 July, 20245 July, 2024 Investors’ interest in Türkiye continues to increase thanks to the economic program the government implements, Finance Minister Mehmet … Continue ReadingInvestors’ interest in Türkiye is on the rise: Minister Şimşek
Categories HIGHLIGHTS Politics CHP/Yücel: Erdoğan is responsible for the attacks against Syrian refugees in Kayseri Cem CetingucPosted on4 July, 2024 Turkish main opposition CHP Spokesperson Deniz Yücel has held President Erdoğan responsible for the attacks … Continue ReadingCHP/Yücel: Erdoğan is responsible for the attacks against Syrian refugees in Kayseri
Categories Economy HIGHLIGHTS Maximum rent hike sets at 65 percent as per inflation data Cem CetingucPosted on4 July, 20244 July, 2024 As the 25 percent cap on rent hikes expired as of July 2, landlords and … Continue ReadingMaximum rent hike sets at 65 percent as per inflation data
Categories HIGHLIGHTS Politics President Erdoğan to visit Azerbaijani, Pakistani leaders in Kazakhstan Cem CetingucPosted on4 July, 2024 Turkish President Recep Tayyip Erdoğan on July 3 met with Azerbaijani President Ilham Aliyev and Pakistani Prime … Continue ReadingPresident Erdoğan to visit Azerbaijani, Pakistani leaders in Kazakhstan
Categories Economy HIGHLIGHTS Exclusive: Turkish central bank chief ‘extremely determined’ to curb inflation Güldem AtabayPosted on4 July, 2024 Turkey’s central bank is determined to combat soaring prices and will stick patiently to its … Continue ReadingExclusive: Turkish central bank chief ‘extremely determined’ to curb inflation
Categories Economy HIGHLIGHTS Retirement scheme criticism from Finance Minister Şimşek: Caused a big deficit Güldem AtabayPosted on3 July, 2024 It was learned that Treasury and Finance Minister Mehmet Şimşek made a presentation at a … Continue ReadingRetirement scheme criticism from Finance Minister Şimşek: Caused a big deficit
Categories HIGHLIGHTS Politics Turkey’s foreign policy road is full of sharp bends Güldem AtabayPosted on3 July, 20243 July, 2024 The victory of the far-right National Union party in the first round of the general … Continue ReadingTurkey’s foreign policy road is full of sharp bends
Categories HIGHLIGHTS Politics Syria on the agenda of Erdogan-Putin meeting in Astana Güldem AtabayPosted on3 July, 2024 The Astana Summit of the Shanghai Cooperation Organisation (SCO) starts today. The 24th summit in … Continue ReadingSyria on the agenda of Erdogan-Putin meeting in Astana
Categories Economy HIGHLIGHTS (UPDATE: Comments added) Turkey’s annual inflation drops to 71.6, Turkstat decleares Cem CetingucPosted on3 July, 20243 July, 2024 FT/Adam Samson: Turkish inflation cools for first time in 8 months Turkey’s inflation rate … Continue Reading(UPDATE: Comments added) Turkey’s annual inflation drops to 71.6, Turkstat decleares
Categories Business Economy HIGHLIGHTS Türkiye and BRICS: What are the mutual economic benefits? Cem CetingucPosted on2 July, 2024 As BRICS expands to challenge the Western-dominated global financial and trade order, Türkiye’s potential membership … Continue ReadingTürkiye and BRICS: What are the mutual economic benefits?
Categories Economy HIGHLIGHTS Turkey’s 5-month trade gap narrows by 24.9 percent Cem CetingucPosted on2 July, 2024 ISTANBUL (Turkey), June 30 (SeeNews) – Turkey’s trade deficit decreased by 24.9% year-on-year to $31.61 … Continue ReadingTurkey’s 5-month trade gap narrows by 24.9 percent
Categories Company & Industry HIGHLIGHTS Getir secures $250m and restructures into two businesses Cem CetingucPosted on2 July, 2024 Turkish food delivery giant Getir has received $250 million in investment led by Abu Dhabi wealth fund Mubadala … Continue ReadingGetir secures $250m and restructures into two businesses
Categories HIGHLIGHTS Politics Erdoğan’s plan to cull Turkey’s street dogs will destroy far more than just animals Güldem AtabayPosted on2 July, 2024 For centuries these strays have been looked after and respected as part of Turkish culture. … Continue ReadingErdoğan’s plan to cull Turkey’s street dogs will destroy far more than just animals
Categories Business Economy HIGHLIGHTS TURKEY: Consumer confidence up, along with inflation expectations Atilla YeşiladaPosted on1 July, 2024 June data dump revealed a fairly ugly picture of the economy. June manufacturing PMI remained … Continue ReadingTURKEY: Consumer confidence up, along with inflation expectations
Categories Economy HIGHLIGHTS Turkey’s manufacturing industry continues to weaken: PMI at 47.9 in June Güldem AtabayPosted on1 July, 2024 In June, the Turkish manufacturing sector experienced subdued demand conditions, leading to moderated output and … Continue ReadingTurkey’s manufacturing industry continues to weaken: PMI at 47.9 in June
Categories Economy HIGHLIGHTS Household Inflation Expectations June results once again showed the stickiness of inflation Güldem AtabayPosted on1 July, 20241 July, 2024 The results of the Turkish Household Inflation Expectations Survey for June (TEBA), conducted by Koç … Continue ReadingHousehold Inflation Expectations June results once again showed the stickiness of inflation
Categories Economy HIGHLIGHTS Retail prices in Istanbul rose by 3.42 percent in June, well above the CBRT’s target path Güldem AtabayPosted on1 July, 2024 The rate of change compared to the same month of the previous year, which shows … Continue ReadingRetail prices in Istanbul rose by 3.42 percent in June, well above the CBRT’s target path
Categories Economy HIGHLIGHTS Treasury and Finance Minister speaks on BloombergHT: Tax to equities will come but with the next tax package, Güldem AtabayPosted on1 July, 2024 Treasury and Finance Minister Mehmet Şimşek made evaluations on the main issues of the economy … Continue ReadingTreasury and Finance Minister speaks on BloombergHT: Tax to equities will come but with the next tax package,
Categories HIGHLIGHTS Politics Sinan Goksen: Why voters showed a yellow card to Erdogan in local elections? Atilla YeşiladaPosted on1 July, 20241 July, 2024 Why did Erdoğan and his AKP, which emerged victorious from the elections in May 2023, … Continue ReadingSinan Goksen: Why voters showed a yellow card to Erdogan in local elections?
Categories Finance HIGHLIGHTS New surveys by Central Bank reveal outrageously high inflation expectations among households Atilla YeşiladaPosted on29 June, 2024 A new blog penned by Central Bank of Turkey (CBRT) research staff reveals divergent inflation … Continue ReadingNew surveys by Central Bank reveal outrageously high inflation expectations among households