Categories Business HIGHLIGHTS Mehmet Simsek to go after tax evaders to narrow budget deficit Atilla YeşiladaPosted on2 June, 2024 Turkish administration is proposing a slew of new measures to raise new revenue, without increasing … Continue ReadingMehmet Simsek to go after tax evaders to narrow budget deficit
Categories Business Finance HIGHLIGHTS BBVA Garanti on Türkiye Banking Sector Outlook: Under pressure Atilla YeşiladaPosted on2 June, 2024 Key messages ➢ The limited acceleration ahead of the election in March was followed by … Continue ReadingBBVA Garanti on Türkiye Banking Sector Outlook: Under pressure
Categories Business HIGHLIGHTS Will Turkmeni gas flow to Europe through Turkey? Atilla YeşiladaPosted on2 March, 2024 Ankara is positioning to become Europe’s premier supplier of natural gas, as the static war … Continue ReadingWill Turkmeni gas flow to Europe through Turkey?
Categories Business HIGHLIGHTS Exporters to lobby against strong TL policy, Mehmet Simsek Atilla YeşiladaPosted on28 February, 2024 The Central Bank’s declaration in its recent Inflation Report that “TL will continue to appreciate … Continue ReadingExporters to lobby against strong TL policy, Mehmet Simsek
Categories Business HIGHLIGHTS Private Think-Tank: House prices, rents decline in real terms Atilla YeşiladaPosted on18 February, 2024 While Central Bank of Turkey December data indicates house prices are still increasing at a … Continue ReadingPrivate Think-Tank: House prices, rents decline in real terms
Categories Business Economy HIGHLIGHTS Turkey’s business confidence ticks up in January, other data paints mixed picture of economic activity Atilla YeşiladaPosted on26 January, 202426 January, 2024 The Turkish Business Confidence numbers for January 2024 were released on Thursday morning, clocking in … Continue ReadingTurkey’s business confidence ticks up in January, other data paints mixed picture of economic activity
Categories Business HIGHLIGHTS Tech NGOs: Turkey can improve economic performance by adopting tighter emission targets Atilla YeşiladaPosted on26 November, 2023 Turkey had ratified the Paris Agreement on fighting climate change after long delays, but progress … Continue ReadingNGOs: Turkey can improve economic performance by adopting tighter emission targets
Categories Business HYPED BREAKING: Turkish Airlines To Place Order For 345 Jets, Become World’s Largest A350 Operator Atilla YeşiladaPosted on12 November, 202312 November, 2023 Turkish Airlines, which has around 435 planes in its fleet and another 100 on order, … Continue ReadingBREAKING: Turkish Airlines To Place Order For 345 Jets, Become World’s Largest A350 Operator
Categories Business General HIGHLIGHTS ANALYSIS – Dutch press: Turkish entities still violating Russia sanctions by Dutch re-exports, F-16 sale in jeopardy Atilla YeşiladaPosted on6 November, 2023 Despite Western attempts to stifle Russia’s economy through sanctions following its invasion of Ukraine last … Continue ReadingANALYSIS – Dutch press: Turkish entities still violating Russia sanctions by Dutch re-exports, F-16 sale in jeopardy
Categories Business Company & Industry HIGHLIGHTS ANALYSIS: Corridor Wars: Turkey pushes two logistics corridors to replace IMEC Atilla YeşiladaPosted on24 October, 2023 Great Power Wars, friend shoring and the wars in Ukraine and Middle East has started … Continue ReadingANALYSIS: Corridor Wars: Turkey pushes two logistics corridors to replace IMEC
Categories Business Company & Industry HIGHLIGHTS Turkish contractors banned from Euro-tender for Russia connections Atilla YeşiladaPosted on20 September, 2023 Rail Baltica Project, one of the most important railway projects in Europe, was put out … Continue ReadingTurkish contractors banned from Euro-tender for Russia connections
Categories Business HIGHLIGHTS Turkey drums up support for alternative to India-Middle East trade corridor Atilla YeşiladaPosted on18 September, 2023 Turkey has been in “intensive negotiations” to find its alternative to the India-Middle East trade … Continue ReadingTurkey drums up support for alternative to India-Middle East trade corridor
Categories Business Company & Industry HYPED Emirates NBD makes strategic investment in Turkish start-up Erguvan Atilla YeşiladaPosted on16 September, 2023 After Erdogan’s crusade to Gulf Arab Nations, hopes of huge loans and FDI flows inundated … Continue ReadingEmirates NBD makes strategic investment in Turkish start-up Erguvan
Categories Business HYPED Turkish contractors score $9bn new work, re-appear in Middle East markets Atilla YeşiladaPosted on22 August, 2023 Turkish construction firms undertook around $8.93 billion (around TL 242 billion) worth of projects abroad … Continue ReadingTurkish contractors score $9bn new work, re-appear in Middle East markets
Categories Business HIGHLIGHTS ANALYSIS: Two developments to enhance Turkey’s role as EU’s NG supplier Atilla YeşiladaPosted on22 August, 2023 A big shift is brewing for Caspian Basin energy exports. In a diplomatic about-face, Turkmenistan … Continue ReadingANALYSIS: Two developments to enhance Turkey’s role as EU’s NG supplier
Categories Business Finance HIGHLIGHTS Two state banks raise $1.1 bn from “undisclosed“ sources Atilla YeşiladaPosted on17 August, 202317 August, 2023 Ziraat Bank announced that it has obtained long-term foreign financing of 600 million dollars from … Continue ReadingTwo state banks raise $1.1 bn from “undisclosed“ sources
Categories Business HIGHLIGHTS Xinhua: Soaring prices Achilles’ heel of Turkish tourism Atilla YeşiladaPosted on13 August, 2023 Türkiye is poised for a good tourism season, but meeting the targets for 2023 will … Continue ReadingXinhua: Soaring prices Achilles’ heel of Turkish tourism
Categories Business HIGHLIGHTS Normalization in full swing as Türkiye’s Saudi exports leap by 630% Atilla YeşiladaPosted on13 August, 2023 Türkiye’s goods shipments to Saudi Arabia jumped by more than a whopping 600% from January … Continue ReadingNormalization in full swing as Türkiye’s Saudi exports leap by 630%
Categories Business Finance HIGHLIGHTS Western banks pull out of Turkey financing, UAE jumps into the void Atilla YeşiladaPosted on15 June, 2023 United Arab Emirates-based banks are increasing loans to their Turkish counterparts, filling a gap left … Continue ReadingWestern banks pull out of Turkey financing, UAE jumps into the void
Categories Business Economy HIGHLIGHTS A new, rational Erdogan? Atilla YeşiladaPosted on14 June, 2023 Turkey has the world’s 19th-largest economy and a leader, Recep Tayyip Erdoğan, who has been … Continue ReadingA new, rational Erdogan?
