Categories Business Company & Industry General HIGHLIGHTS Turkey’s retail sector confidence witnessed biggest drop since April 2021 Cem CetingucPosted on25 July, 2022 Confidence among firms operating in Turkey’s retail industry dropped after inflation in the country extended … Continue ReadingTurkey’s retail sector confidence witnessed biggest drop since April 2021
Categories Company & Industry Finance General HIGHLIGHTS Banking industry: FX protected deposit scheme boosts NII Cem CetingucPosted on6 June, 20226 June, 2022 45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Business Company & Industry General HIGHLIGHTS Tech Massive exodus from energy production Cem CetingucPosted on10 May, 202210 May, 2022 The ongoing economic crisis in Turkey hit energy companies hard. Investors began to withdraw from … Continue ReadingMassive exodus from energy production
Categories Business Finance General HIGHLIGHTS Loans for export and tourism sectors, President declares Cem CetingucPosted on17 April, 2022 President Recep Tayyip Erdoğan on Thursday announced that Turkey would provide cheaper loans for export … Continue ReadingLoans for export and tourism sectors, President declares
Categories Business Company & Industry General HIGHLIGHTS Turkey seeks more local options in energy sector: Minister Alparslan Cem CetingucPosted on12 April, 2022 Turkey should benefit more from local sources in meeting its energy needs, as well as … Continue ReadingTurkey seeks more local options in energy sector: Minister Alparslan
Categories Business Company & Industry HIGHLIGHTS Tech LFP gigafactory in Turkey to start production later this year Cem CetingucPosted on7 April, 2022 A new 1GWh lithium iron phosphate (LFP) battery factory in Turkey serving the energy storage … Continue ReadingLFP gigafactory in Turkey to start production later this year
Categories Economy General HIGHLIGHTS Prices expected to fall after value-added tax cuts Cem CetingucPosted on31 March, 202231 March, 2022 The effect of the recently announced tax cuts on prices is expected to be seen in the next … Continue ReadingPrices expected to fall after value-added tax cuts
Categories Business Company & Industry Economy HIGHLIGHTS Turkey’s trade in counterfeit goods booms as Lira depreciates Cem CetingucPosted on8 March, 2022 Photos of fake Gucci bags, Louis Vuitton sweatpants and Nike sneakers are flaunted on the … Continue ReadingTurkey’s trade in counterfeit goods booms as Lira depreciates
Categories Business Company & Industry HIGHLIGHTS Markets Business dropped 50 percent for Turkish brands in Russia Cem CetingucPosted on3 March, 2022 As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia
Categories General HIGHLIGHTS Markets Turkey’s residential property sales to foreigners rose drastically in January Cem CetingucPosted on19 February, 2022 Residential property sales to foreign buyers rose by 56.5 percent year on year to 4,186 … Continue ReadingTurkey’s residential property sales to foreigners rose drastically in January
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 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 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 Business Company & Industry HIGHLIGHTS $2 billion investment is on it’s way from Turkish Auto parts industry Cem CetingucPosted on25 January, 2022 Turkey’s automotive parts supplier companies plan to undertake investments worth $2 billion this year, up from … Continue Reading$2 billion investment is on it’s way from Turkish Auto parts industry
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Airlines: Cargo and FX remain near-term drivers Cem CetingucPosted on21 January, 2022 Cargo-driven FY21 sets a high base for FY22e profits. With revised forecasts in this note, … Continue ReadingTurkish Airlines: Cargo and FX remain near-term drivers
Categories Economy General HIGHLIGHTS Markets Chip crisis, tax system fix: Turkey’s 2022 auto sector expectations Cem CetingucPosted on28 December, 2021 The automotive industry is about to put an “extraordinary” year behind it, top officials from … Continue ReadingChip crisis, tax system fix: Turkey’s 2022 auto sector expectations
Categories Business General HIGHLIGHTS 2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically Cem CetingucPosted on11 December, 2021 Cinema has been among the sectors most affected by the coronavirus pandemic, and the normalization … Continue Reading2021 was a bad year for Turkish movie theathers as spectator numbers decline drastically
Categories Business Company & Industry Finance HIGHLIGHTS Downgrading Turkish banks; spotlight on capital Cem CetingucPosted on1 December, 2021 Until now, resilient financial performance of Turkish banks led to us to maintain Buy/High Risk … Continue ReadingDowngrading Turkish banks; spotlight on capital
Categories Economy General School break revitalizes tourism sector in Turkey Cem CetingucPosted on15 November, 2021 Scores of people, especially students, are flocking to Turkey’s major holiday destinations, such as Antalya, Cappadocia and Lake Abant, … Continue ReadingSchool break revitalizes tourism sector in Turkey
