Categories Business HIGHLIGHTS Turkish hotels are on the verge of bankruptcy Cem CetingucPosted on27 September, 2021 Turkish hotels are heavily indebted and need “serious support” paying back their loans as they … Continue ReadingTurkish hotels are on the verge of bankruptcy
Categories Business HYPED Garanti BBVA: New BRSA restrictions put the brakes on consumer loans Atilla YeşiladaPosted on24 September, 2021 Garanti BBVA General Manager Mr Recep Baştuğ stated to Turkish financial broadcaster BloombergHT there was … Continue ReadingGaranti BBVA: New BRSA restrictions put the brakes on consumer loans
Categories Business Finance HYPED Markets TURKEY: Morning Bulletin Atilla YeşiladaPosted on22 September, 2021 On the Market MSCI Turkey underperformed the MSCI EM by 0.5% yesterday. BIST-100 lost 0.5%, … Continue ReadingTURKEY: Morning Bulletin
Categories Business Finance Y.F. Equity Strategy Report: Running to stand still Cem CetingucPosted on21 September, 202121 September, 2021 We are moving our BIST-100 target to 1,875 (previously 1,750), while underlining risks that lower … Continue ReadingY.F. Equity Strategy Report: Running to stand still
Categories Business HIGHLIGHTS Markets Turkey: Morning post Atilla YeşiladaPosted on20 September, 2021 MSCI Turkey underperformed the MSCI EM by 1.1% on Friday. BIST-100 gained 0.1%, closing at … Continue ReadingTurkey: Morning post
Categories Business Company & Industry Finance Turkish consumer: Coping with ever increasing inflation Cem CetingucPosted on13 September, 2021 Headline inflation topped 19% YoY in August, while PPI still hovers around 45%. Turkish consumer … Continue ReadingTurkish consumer: Coping with ever increasing inflation
Categories Business Economy HIGHLIGHTS July payrolls: Employment growth continues despite volatility in labour market statistics Atilla YeşiladaPosted on10 September, 2021 Unemployment rate witnesses 1.4% points increase, as workforce participation rate increases this time TURKSTAT … Continue ReadingJuly payrolls: Employment growth continues despite volatility in labour market statistics
Categories Business Company & Industry Company Update | MPARK: Hitting all the right notes Cem CetingucPosted on10 September, 202110 September, 2021 Strong 1H results and favorable outlook… After finishing a year of volatility with resilient financial … Continue ReadingCompany Update | MPARK: Hitting all the right notes
Categories Business Company & Industry Finance Turkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci Cem CetingucPosted on10 September, 2021 Following another strong quarter supported by both healty domestic demand and exports,we increase our F2Y1E-22E … Continue ReadingTurkish Industrials: Earnings Momentum set to continue in 2H; top picks KOC and Sabanci
Categories Business HYPED Tourism season ends early in Turkey Atilla YeşiladaPosted on5 September, 2021 Tourism is a big deal in Turkey, generating a gross $30 bn per year before … Continue ReadingTourism season ends early in Turkey
Categories Business Company & Industry HIGHLIGHTS Burger King Turkey, China enterprises launches IPO Atilla YeşiladaPosted on3 September, 2021 The largest global franchisee of Restaurant Brands International Inc. has picked Citigroup Inc. and HSBC … Continue ReadingBurger King Turkey, China enterprises launches IPO
Categories Business Finance HIGHLIGHTS Germany cracks down on Turkish state lender Atilla YeşiladaPosted on1 September, 2021 Germany’s financial regulatory authority on August 26 announced a series of punitive measures against an … Continue ReadingGermany cracks down on Turkish state lender
Categories Business Finance HIGHLIGHTS Turkish government plans to limit consumer loans Atilla YeşiladaPosted on29 August, 2021 Turkey’s consumer and commercial loan use has slowed down considerably in 2H2021, but the government … Continue ReadingTurkish government plans to limit consumer loans
Categories Business General HIGHLIGHTS TIME selects Bodrum as one of ‘World’s Greatest Places’ Atilla YeşiladaPosted on29 August, 2021 The world-renowned news magazine TIME has selected Turkey’s prominent tourism hotspot Bodrum as one of … Continue ReadingTIME selects Bodrum as one of ‘World’s Greatest Places’
Categories Business Politics Tech U.S. trade chief: It is imperative for Turkey to remove digital services taxes Cem CetingucPosted on27 August, 2021 U.S. Trade Representative Katherine Tai told Turkey’s trade minister it was critical that countries remove … Continue ReadingU.S. trade chief: It is imperative for Turkey to remove digital services taxes
Categories Business Company & Industry IHC seeks investment opportunities in Turkey Cem CetingucPosted on27 August, 202127 August, 2021 Abu Dhabi conglomerate International Holding is seeking investment opportunities in Turkey in sectors including healthcare, … Continue ReadingIHC seeks investment opportunities in Turkey
Categories Business Politics Africa’s newest pal: Turkey Cem CetingucPosted on27 August, 2021 An Olympic-size swimming pool in coastal Senegal. A military base in Somalia. And in arid … Continue ReadingAfrica’s newest pal: Turkey
Categories Business HIGHLIGHTS Emre Demir: Kanal Istanbul, Turkey’s Middle Corridor, and the Belt and Road Initiative Atilla YeşiladaPosted on24 August, 2021 Despite mounting opposition from political and civil society groups due to potential environmental and political … Continue ReadingEmre Demir: Kanal Istanbul, Turkey’s Middle Corridor, and the Belt and Road Initiative
Categories Business Turkey pins hopes on British tourists to save a mediocre season Atilla YeşiladaPosted on24 August, 2021 The number of foreigners arriving in Turkey hit a 21-month high in July … Continue ReadingTurkey pins hopes on British tourists to save a mediocre season
Categories Business General Politics Tunisia wants to nix Turkey free trade deal Cem CetingucPosted on23 August, 202124 August, 2021 Tunisia is seeking an urgent review of a trade agreement with Turkey in order to … Continue ReadingTunisia wants to nix Turkey free trade deal
