Categories Business Company & Industry Getir poised to buy discount market chain Cem CetingucPosted on14 November, 2021 Turkish fast grocery-delivery company Getir has signed a non-binding deal to buy shares of Sok … Continue ReadingGetir poised to buy discount market chain
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
Categories Economy Finance Macro Focus: High single or double digit level of economic growth probable in 3Q21 Cem CetingucPosted on12 November, 2021 In September, IP decreased by 1.5% MoM, but increased by 8.9% YoY. According to the consensus, … Continue ReadingMacro Focus: High single or double digit level of economic growth probable in 3Q21
Categories Economy Finance Macro Focus: CA surplus continued for the second month in a row Cem CetingucPosted on12 November, 2021 In September, the CA posted a monthly surplus of USD1.7bn (Consensus: USD +1.3bn, YF: USD … Continue ReadingMacro Focus: CA surplus continued for the second month in a row
Categories General HIGHLIGHTS Study traces roots of Japanese, Korean and Turkish back to farmers in China 9000 years ago Cem CetingucPosted on12 November, 202112 November, 2021 A study combining linguistic, genetic and archaeological evidence has traced the origins of the family … Continue ReadingStudy traces roots of Japanese, Korean and Turkish back to farmers in China 9000 years ago
Categories Economy General Deutsche Bank predicts Turkey will cut rates to 14% by year-end Cem CetingucPosted on12 November, 2021 Deutsche Bank said it now expected Turkey’s central bank (CBT) to reduce interest rates faster … Continue ReadingDeutsche Bank predicts Turkey will cut rates to 14% by year-end
Categories Company & Industry General Politics THY faces EU ban for ferrying migrants Cem CetingucPosted on11 November, 2021 Turkish Airlines and FlyDubai could be banned in the EU for flying migrants to Belarus … Continue ReadingTHY faces EU ban for ferrying migrants
Categories General Energy countdown starts for Turkey Cem CetingucPosted on11 November, 2021 Turkey will soon announce an additional and significant amount of natural gas discovered in the … Continue ReadingEnergy countdown starts for Turkey
Categories General HIGHLIGHTS Turkey take major steps becoming independent in defense industry Cem CetingucPosted on8 November, 2021 Turkey’s defense industry has initiated pivotal projects in recent years under the leadership of the … Continue ReadingTurkey take major steps becoming independent in defense industry
Categories Economy General Economic loss from pandemic to exceed $10 trillion Cem CetingucPosted on8 November, 2021 The losses of the world economy from the coronavirus pandemic total from $4 trillion to … Continue ReadingEconomic loss from pandemic to exceed $10 trillion
Categories General Politics Peace envoy: Disintegration of Bosnia would affect entire region Cem CetingucPosted on8 November, 2021 If a multi-ethnic Bosnia is pushed towards disintegration, that will inevitably have an impact on … Continue ReadingPeace envoy: Disintegration of Bosnia would affect entire region
Categories General Politics Turkey and Russia negotiate to clear Syrian Kurdish group from Kobane Cem CetingucPosted on5 November, 2021 Turkey and Russia are negotiating to stage a Turkish military operation in Syria’s border town Kobane … Continue ReadingTurkey and Russia negotiate to clear Syrian Kurdish group from Kobane
Categories General Politics Banana scandal: Turkey’s refugee issue Cem CetingucPosted on5 November, 2021 What does it tell us about a country when foreign ambassadors advising their host state … Continue ReadingBanana scandal: Turkey’s refugee issue
Categories General HIGHLIGHTS Politics 17 people detained over protest against U.S. Navy personnel in Istanbul Cem CetingucPosted on5 November, 2021 Turkish authorities detained 17 people on Wednesday for putting a hood over the head of … Continue Reading17 people detained over protest against U.S. Navy personnel in Istanbul
Categories General Istanbul stray dogs and cats program sets great example for all Cem CetingucPosted on5 November, 20215 November, 2021 I recently came across an article on CNN about a dog in Istanbul named Boji. … Continue ReadingIstanbul stray dogs and cats program sets great example for all
Categories Economy General Rate cuts possess a risk to Turkey’s GDP growth Cem CetingucPosted on5 November, 20215 November, 2021 Turkey’s economy will grow by 9% this year, buoyed by a revival in exports and … Continue ReadingRate cuts possess a risk to Turkey’s GDP growth
Categories General Satellite Images reveal severe drought in second largest lake in Turkey Cem CetingucPosted on5 November, 2021 A new satellite image of Turkey’s Lake Tuz is gorgeous—and, if you know more about what it’s … Continue ReadingSatellite Images reveal severe drought in second largest lake in Turkey
Categories Economy General JPMorgan – Turkey: CPI was lower than expected but still very high by any standard in October Cem CetingucPosted on4 November, 20214 November, 2021 After months of upside surprises, inflation finally surprised to the down side in October. Despite … Continue ReadingJPMorgan – Turkey: CPI was lower than expected but still very high by any standard in October
Categories Economy Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on27 October, 2021 SA CUR decreased by 0.3pps 77.5% in October after 4-month long surge. In October, 3-month … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories HIGHLIGHTS Politics EU: Turkey still has homework to finish for visa waiver Cem CetingucPosted on27 October, 2021 There are six remaining criteria Turkey needs to fulfill for visa liberalization, the head of … Continue ReadingEU: Turkey still has homework to finish for visa waiver