Categories Business General HIGHLIGHTS Bootleg liquor deaths revive debate on Turkey alcohol tax Atilla YeşiladaPosted on18 January, 2025 With 38 people dead in four days and 26 in intensive care after drinking bootleg … Continue ReadingBootleg liquor deaths revive debate on Turkey alcohol tax
Categories Business General HIGHLIGHTS Turkey looks to cash in on Syria’s reconstruction Atilla YeşiladaPosted on17 January, 2025 Turkey is pushing for a significant role in Syria’s postwar reconstruction and leading efforts to … Continue ReadingTurkey looks to cash in on Syria’s reconstruction
Categories Business Company & Industry HIGHLIGHTS Polat Energy Signs Turkey’s Largest Battery Storage Deal with Rolls-Royce Cem CetingucPosted on15 January, 2025 Polat Energy, a leading renewable energy developer based in Istanbul, has secured Turkey’s largest battery … Continue ReadingPolat Energy Signs Turkey’s Largest Battery Storage Deal with Rolls-Royce
Categories Business Company & Industry HIGHLIGHTS Türkiye Boosts Defense Industry Exports by 29% in 2024, Targets $10 Billion Mark Cem CetingucPosted on15 January, 2025 Türkiye’s defense industry achieved a 29% increase in exports in 2024, reaching a total of … Continue ReadingTürkiye Boosts Defense Industry Exports by 29% in 2024, Targets $10 Billion Mark
Categories Business Economy HIGHLIGHTS Build-Operate-Transfer Projects: The Hidden Cost of Low Tolls Cem CetingucPosted on15 January, 2025 While tolls for bridges and motorways built under the Build-Operate-Transfer (BOT) model appear lower than … Continue ReadingBuild-Operate-Transfer Projects: The Hidden Cost of Low Tolls
Categories Business Company & Industry HIGHLIGHTS Turkey’s Retail Sales Surge 16.4% YoY in November 2024 Cem CetingucPosted on14 January, 2025 Retail sales in Türkiye surged by 16.4% in November 2024 compared to the same month … Continue ReadingTurkey’s Retail Sales Surge 16.4% YoY in November 2024
Categories Business Company & Industry General Turkey Requires $80 Billion Investment to Meet Growing Energy Needs Cem CetingucPosted on14 January, 2025 Turkey’s energy demand has tripled over the past two decades, prompting the need for an … Continue ReadingTurkey Requires $80 Billion Investment to Meet Growing Energy Needs
Categories Business General HIGHLIGHTS BREAKING: Russia Says Ukraine Targeted Infrastructure of Gas Pipeline to Turkey Atilla YeşiladaPosted on13 January, 2025 Russia on Monday accused Ukraine of launching a drone attack on the infrastructure of the … Continue ReadingBREAKING: Russia Says Ukraine Targeted Infrastructure of Gas Pipeline to Turkey
Categories Business HIGHLIGHTS Tech The government to crack down on social media usage Atilla YeşiladaPosted on11 January, 2025 Turkish government is once again tackling to issue of control over social media, which Erdogan … Continue ReadingThe government to crack down on social media usage
Categories Business Company & Industry HIGHLIGHTS Turkey’s Anti-Trust Board to probe casting agencies for favoritism Atilla YeşiladaPosted on11 January, 2025 The Turkish Anti-Trust regulatory authority, called the Turkish Competition Authority is investigating casting agencies and … Continue ReadingTurkey’s Anti-Trust Board to probe casting agencies for favoritism
Categories Business Company & Industry HIGHLIGHTS SOCAR Turkey to Invest $7 Billion in Polyolefin Production Cem CetingucPosted on8 January, 2025 The Turkish branch of the State Oil Company of Azerbaijan (SOCAR) has announced plans to … Continue ReadingSOCAR Turkey to Invest $7 Billion in Polyolefin Production
Categories Business HIGHLIGHTS Turkish experts: Trump tariff policy not bad news for Turkey Atilla YeşiladaPosted on4 January, 2025 President-elect Donald Trump’s protectionist trade policies and additional tariffs could offer advantages to developing countries, … Continue ReadingTurkish experts: Trump tariff policy not bad news for Turkey
Categories Business Finance HIGHLIGHTS Turkish Central Bank wows to end FX protected deposit scheme this year Atilla YeşiladaPosted on1 January, 2025 The Turkish central bank plans to end the forex-protected lira deposits (KKM) scheme in 2025 … Continue ReadingTurkish Central Bank wows to end FX protected deposit scheme this year
Categories Business General HIGHLIGHTS Turkey’s minimum wage controversy: Why so much hoopla? Atilla YeşiladaPosted on29 December, 2024 Turkish government announced a 30% increase in the minimum wage for 2025, setting the monthly … Continue ReadingTurkey’s minimum wage controversy: Why so much hoopla?
Categories Business Company & Industry Baykar acquires Piaggio Aerospace Cem CetingucPosted on27 December, 2024 Italy has approved the sale of Piaggio Aerospace, the country’s aviation giant, to the Turkish unmanned combat … Continue ReadingBaykar acquires Piaggio Aerospace
Categories Business Company & Industry HIGHLIGHTS TURKEY: Low-ball wage hike angers labor Atilla YeşiladaPosted on25 December, 2024 Turkish government has announced a 30 percent increase in the monthly minimum wage for the … Continue ReadingTURKEY: Low-ball wage hike angers labor
Categories Business Company & Industry HIGHLIGHTS Turkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation Atilla YeşiladaPosted on22 December, 2024 Into 2025, we expect that many companies will navigate a difficult consumer landscape, striving to … Continue ReadingTurkish consumer stocks in 2025 by JP Morgan: Adjusting to lower growth and inflation
Categories Business HIGHLIGHTS Turkey’s consumers end 2024 on a high note Atilla YeşiladaPosted on20 December, 2024 Despite relentless inflation eroding wages and salaries and general pessimism about AKP’s ability to steer … Continue ReadingTurkey’s consumers end 2024 on a high note
Categories Business HIGHLIGHTS Great relief for Turkey: US exempts her from Gazprombank sanctions Atilla YeşiladaPosted on20 December, 2024 Turkey has received an exemption for gas payments to Russia after the United States imposed … Continue ReadingGreat relief for Turkey: US exempts her from Gazprombank sanctions
Categories Business Company & Industry HIGHLIGHTS Halkbank case kicked back to Supreme Court Atilla YeşiladaPosted on19 December, 2024 According to the news by Can Kamiloğlu from VoA Turkish, Turkish state lender Halkbank’s petition … Continue Reading Halkbank case kicked back to Supreme Court
