Categories Business Economy HIGHLIGHTS JP Morgan Turkey strategy: Strong growth warrants tight policies Atilla YeşiladaPosted on11 June, 2021 Despite the lockdown and much slower loan growth, we have revised our 2021 growth … Continue ReadingJP Morgan Turkey strategy: Strong growth warrants tight policies
Categories Business Company & Industry Şişecam to invest $310M in Hungary Cem CetingucPosted on10 June, 2021 In a bid to further boost its global expansion targets, Turkish glass manufacturer Şişecam is … Continue ReadingŞişecam to invest $310M in Hungary
Categories Business Company & Industry Getir raised another $550m capital, taking its talents to the US Cem CetingucPosted on7 June, 20217 June, 2021 Getir, the Istanbul-based grocery delivery app, has raised $550m in new funding — tripling its … Continue ReadingGetir raised another $550m capital, taking its talents to the US
Categories Business Company & Industry Goldman Sachs: Europe is re-opening, but refining margins and equities are lagging Cem CetingucPosted on7 June, 2021 The re-opening of Europe is gathering pace with the average activity level now at c.50% … Continue ReadingGoldman Sachs: Europe is re-opening, but refining margins and equities are lagging
Categories Business HIGHLIGHTS Rough start for Turkey’s tourism season Atilla YeşiladaPosted on4 June, 2021 Tourism is vital for Turkey’s economy as it wants to lure back holidaymakers this summer … Continue ReadingRough start for Turkey’s tourism season
Categories Business Economy HIGHLIGHTS Politics Real Turkey featuring Mehmet Ogutcu: World after the pandemic—where does Turkey fit in? Atilla YeşiladaPosted on4 June, 2021 For good or bad, the pandemic has accelerated numerous trends that were reconfiguring the … Continue ReadingReal Turkey featuring Mehmet Ogutcu: World after the pandemic—where does Turkey fit in?
Categories Business Economy General HIGHLIGHTS HYPED Politics Turkish mafia boss claims former PM’s son, ex-minister part of int’l drug trafficking scheme Güldem AtabayPosted on23 May, 2021 Turkish mafia boss Sedat Peker has accused former Prime Minister Binali Yıldırım’s son Erkan Yıldırım … Continue ReadingTurkish mafia boss claims former PM’s son, ex-minister part of int’l drug trafficking scheme
Categories Business Tech Turkey becomes Europe’s dumping ground for illegal plastic waste Atilla YeşiladaPosted on17 May, 2021 Rising poverty in Turkey and a ruthless drive to shrink the current account deficit is … Continue ReadingTurkey becomes Europe’s dumping ground for illegal plastic waste
Categories Business Finance Macro Snapshot: Outstanding External Loans Received by Private Sector in March Cem CetingucPosted on17 May, 2021 In March, short term loans increased by USD815mn (trade credits increased by USD1.4bn) whereas long … Continue ReadingMacro Snapshot: Outstanding External Loans Received by Private Sector in March
Categories Business Economy HIGHLIGHTS Small business pay heavy price for Covid protection Cem CetingucPosted on15 May, 2021 DUBAI: Staying in business through the COVID-19 pandemic has not been cheap for retailers, hoteliers … Continue ReadingSmall business pay heavy price for Covid protection
Categories Business Company & Industry Karadeniz says to Lebanon: Pay debts or power cuts are on the way Cem CetingucPosted on15 May, 2021 Turkey’s Karadeniz, which supplies electricity to Lebanon from power barges, said on Tuesday Beirut must … Continue ReadingKaradeniz says to Lebanon: Pay debts or power cuts are on the way
Categories Business Emerging Markets HYPED Spectre of another lost tourism season haunts emerging markets Atilla YeşiladaPosted on13 May, 2021 (Reuters) – Fresh outbreaks of COVID-19 and travel curbs are deterring tourists from flocking back … Continue ReadingSpectre of another lost tourism season haunts emerging markets
Categories Business Economy Turkey’s industrial production increased by 16.6 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 When the subsectors of the industry (based on 2015=100) were examined, mining and quarrying index … Continue ReadingTurkey’s industrial production increased by 16.6 percent annually
Categories Business Economy Retail sales volume increased by 19.2 percent annually Cem CetingucPosted on11 May, 202111 May, 2021 Retail sales volume with constant prices (2015=100) increased by 19.2% in March 2021 compared with … Continue ReadingRetail sales volume increased by 19.2 percent annually
Categories Business HIGHLIGHTS Politics Analysis: The opposition puts its foot down on Canal Istanbul Atilla YeşiladaPosted on10 May, 2021 The leader of Turkey’s main opposition party Kemal Kilicdaroglu on Sunday vowed that his Republican … Continue ReadingAnalysis: The opposition puts its foot down on Canal Istanbul
Categories Business Company & Industry Top Banking Pick of 2021: Garanti Bank Cem CetingucPosted on10 May, 2021 Short-term recovery from recent lows likely Garanti share price is down 30% since our downgrade … Continue ReadingTop Banking Pick of 2021: Garanti Bank
Categories Business Company & Industry Company Outlook: Adding GARAN & SISE, Removing MGROS Cem CetingucPosted on10 May, 2021 Adding GARAN. We expect Garanti to maintain its leading position in ROE progression this year with … Continue ReadingCompany Outlook: Adding GARAN & SISE, Removing MGROS
Categories Business Turkey’s climate problem hits agriculture hard Atilla YeşiladaPosted on10 May, 2021 In winter of 2020, the massive dams, and reservoirs that supply water to Istanbul’s 15 … Continue ReadingTurkey’s climate problem hits agriculture hard
Categories Business HYPED UK places Turkey on red list for travel Atilla YeşiladaPosted on8 May, 2021 The British government on Friday announced its foreign travel list that starts on May 17, … Continue ReadingUK places Turkey on red list for travel
Categories Business General HIGHLIGHTS For a fistful dollars: Turkey’s mindless drive to grab tourists Atilla YeşiladaPosted on7 May, 2021 How many countries can you count which employ positive discrimination and affirmative action for foreigners? … Continue ReadingFor a fistful dollars: Turkey’s mindless drive to grab tourists
