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Author: Cem Cetinguc

Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2
Categories Economy Finance

Macro Focus: IP, June 2021: IP figures indicate a strong growth in Q2

Cem CetingucPosted on15 August, 202115 August, 2021

In June, IP increased by 2.3% MoM and 23.9% on a YoY. According to the consensus, … Continue ReadingMacro Focus: IP, June 2021: IP figures indicate a strong growth in Q2

VAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020
Categories Business Company & Industry

VAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020

Cem CetingucPosted on15 August, 2021

2Q results slightly above estimates on lower CoR The bank announced its 2Q21 solo net … Continue ReadingVAKBN: 2Q Review & Target Price Revision: Prevailing Legacy of 2020

U.N. climate report confirm drastic temperature rise in Turkey due to climate change
Categories General

U.N. climate report confirm drastic temperature rise in Turkey due to climate change

Cem CetingucPosted on13 August, 2021

Global warming will affect Turkey just like every other country worldwide, and even after the end of … Continue ReadingU.N. climate report confirm drastic temperature rise in Turkey due to climate change

Turkey’s defense industry is taking tremendous strides.. Why?
Categories Company & Industry General Politics

Turkey’s defense industry is taking tremendous strides.. Why?

Cem CetingucPosted on9 August, 2021

In June, the Turkish navy successfully test-fired the Atmaca, Turkey’s first domestically produced long-range anti-ship cruise missile. … Continue ReadingTurkey’s defense industry is taking tremendous strides.. Why?

Mevlut Çavuşoğlu on ASEAN
Categories Business Company & Industry Economy

Mevlut Çavuşoğlu on ASEAN

Cem CetingucPosted on9 August, 20219 August, 2021

Asia, the cradle of some of the oldest civilizations, has again been gaining a pivotal … Continue ReadingMevlut Çavuşoğlu on ASEAN

Evacuations continue as wildfires reach Turkey power plant
Categories General

Evacuations continue as wildfires reach Turkey power plant

Cem CetingucPosted on6 August, 2021

A coal-fueled power plant in southwest Turkey and nearby residential areas were being evacuated Wednesday … Continue ReadingEvacuations continue as wildfires reach Turkey power plant

Turkish Banks: Sector Monthly Data
Categories Business Company & Industry

Turkish Banks: Sector Monthly Data

Cem CetingucPosted on6 August, 2021

Strong monthly ROE of 17% on higher other income Turkish banking sector’s June net income … Continue ReadingTurkish Banks: Sector Monthly Data

Macro Snapshot: CBRT Survey of Market Participants
Categories Economy General

Macro Snapshot: CBRT Survey of Market Participants

Cem CetingucPosted on6 August, 2021

MoM expectations were over the historical averages until October (2003-2019 Median – Aug.: +0.4% Sep.: … Continue ReadingMacro Snapshot: CBRT Survey of Market Participants

Germany seeks answers prior to sending defence exports to Turkey
Categories General Politics

Germany seeks answers prior to sending defence exports to Turkey

Cem CetingucPosted on5 August, 20215 August, 2021

Germany’s informal hold on defence exports to Turkey remains in place over concerns about the destination … Continue ReadingGermany seeks answers prior to sending defence exports to Turkey

Erdogan: Turkish economy will grow more than 7% this year
Categories Economy General

Erdogan: Turkish economy will grow more than 7% this year

Cem CetingucPosted on5 August, 20215 August, 2021

President Tayyip Erdogan said on Wednesday Turkey’s economy would grow more than 7% this year, … Continue ReadingErdogan: Turkish economy will grow more than 7% this year

Afghan refugee crisis escalates quickly in Turkey
Categories General Politics

Afghan refugee crisis escalates quickly in Turkey

Cem CetingucPosted on5 August, 20215 August, 2021

When 16-year-old Omer got a tattoo last year of a crown on his right hand, … Continue ReadingAfghan refugee crisis escalates quickly in Turkey

Categories Business Company & Industry

Company outlook | Hepsiburada: Trading up to the challenges

Cem CetingucPosted on5 August, 2021

Hepsiburada (D-Market Electronic Services & Trading) is the second-largest e- commerce player in Turkey, with … Continue ReadingCompany outlook | Hepsiburada: Trading up to the challenges

Trendyol aims to Hit $16.5 Billion Valuation
Categories Business Company & Industry

Trendyol aims to Hit $16.5 Billion Valuation

Cem CetingucPosted on4 August, 20214 August, 2021

By Ercan Ersoy and Ivan Levingston General Atlantic among firms leading $1.5 billion investment Alibaba-backed … Continue ReadingTrendyol aims to Hit $16.5 Billion Valuation

Categories Economy Emerging Markets Markets

Emerging market stocks fall immensely due to Chinese regulatory efforts

Cem CetingucPosted on3 August, 2021

An index of emerging market shares fell on Friday as Chinese equities slipped on regulatory … Continue ReadingEmerging market stocks fall immensely due to Chinese regulatory efforts

Wildfires continue in Turkey: Tourists were evacuated with rescue boats
Categories General HIGHLIGHTS

Wildfires continue in Turkey: Tourists were evacuated with rescue boats

Cem CetingucPosted on3 August, 20213 August, 2021

Holidaymakers have been evacuated from beaches by rescue boats in Turkey after wildfires threatened hotels in the … Continue ReadingWildfires continue in Turkey: Tourists were evacuated with rescue boats

Turkish exporters could face additional charges under new EU carbon laws
Categories Business General Markets

Turkish exporters could face additional charges under new EU carbon laws

Cem CetingucPosted on2 August, 2021

Turkish exporters of energy-intensive products such as cement, steel and aluminium could face steep additional … Continue ReadingTurkish exporters could face additional charges under new EU carbon laws

US slaps sanctions on Syrian outfit with Turkey links
Categories General Politics

US slaps sanctions on Syrian outfit with Turkey links

Cem CetingucPosted on2 August, 2021

The United States on Wednesday slapped sanctions on a Syrian armed group that killed a … Continue ReadingUS slaps sanctions on Syrian outfit with Turkey links

Konya’s water sources are scorched by drought
Categories General

Konya’s water sources are scorched by drought

Cem CetingucPosted on2 August, 20212 August, 2021

Konya, the breadbasket of Turkey, is going through tough times with reduced precipitation levels. The … Continue ReadingKonya’s water sources are scorched by drought

First flare at Sakarya Gas Field
Categories Company & Industry General HIGHLIGHTS

First flare at Sakarya Gas Field

Cem CetingucPosted on29 July, 2021

Turkey lit the first gas flare in the Sakarya Gas Field located in the Black Sea during a ceremony on July … Continue ReadingFirst flare at Sakarya Gas Field

Turkey rapidly advancing its drone warfare capacity
Categories Business General Politics Tech

Turkey rapidly advancing its drone warfare capacity

Cem CetingucPosted on29 July, 2021

NEW YORK/ISTANBUL — In a video posted from his personal Twitter account last week, the … Continue ReadingTurkey rapidly advancing its drone warfare capacity

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