Categories General HIGHLIGHTS CBRT governor Cevdet Akcay finds himself in a major controversy Atilla YeşiladaPosted on9 November, 2024 Former academician and investment banking researcher Prof Cevdet Akcay is the most outspoken member of … Continue ReadingCBRT governor Cevdet Akcay finds himself in a major controversy
Categories Business HIGHLIGHTS Turkey’s inflation spiral fed by 34% hike in minimum wage Atilla YeşiladaPosted on20 June, 2023 Turkey raised monthly minimum wage by another 34% beginning on July 1, the government said … Continue ReadingTurkey’s inflation spiral fed by 34% hike in minimum wage
Categories Economy General HIGHLIGHTS Politics Turkish minimum wage increases to 8500 TL Cem CetingucPosted on22 December, 2022 President Recep Tayyip Erdoğan announced on Dec. 22 that the minimum wage will be raised by 55 … Continue ReadingTurkish minimum wage increases to 8500 TL
Categories Economy General HIGHLIGHTS Price hikes rain hellfire down on Turkish consumers Cem CetingucPosted on9 March, 2022 Price hikes rain hellfire down on Turkish consumers In his recent statement to the Turkish … Continue ReadingPrice hikes rain hellfire down on Turkish consumers
Categories Economy Finance General HIGHLIGHTS Feeding the fire? Turkish restaurants jack up prices to cover wage hike Cem CetingucPosted on20 December, 2021 Restaurants and other businesses in Turkey’s service sector say they will jack up prices next … Continue ReadingFeeding the fire? Turkish restaurants jack up prices to cover wage hike
Categories Economy General HIGHLIGHTS Turkish minimum wage increases 50 percent to TL4,250 Cem CetingucPosted on16 December, 202116 December, 2021 Turkey has increased minimum wage to 4,250 Turkish Liras, President Recep Tayyip Erdoğan announced on Dec. 16. urkey’s … Continue ReadingTurkish minimum wage increases 50 percent to TL4,250
Categories Economy General Hefty increase in minimum wage is expected in Turkey Cem CetingucPosted on12 November, 202112 November, 2021 Gizem Öztok Altınsaç, Chief Economist of the Turkish Industrialists’ and Businessmen’s Association (TÜSİAD), said she … Continue ReadingHefty increase in minimum wage is expected in Turkey
