Categories Business Company & Industry Finance DO & CO | Buy: Powering up for take-off Cem CetingucPosted on16 February, 2022 A sustained recovery now looks more achievable: Since the COVID-19 outbreak, the recovery trend across … Continue ReadingDO & CO | Buy: Powering up for take-off
Categories Business General HIGHLIGHTS Politics Turkey, UAE makes trade deal during Erdogan visit Cem CetingucPosted on16 February, 2022 Turkish President Tayyip Erdogan arrived in the United Arab Emirates on Monday as the countries … Continue ReadingTurkey, UAE makes trade deal during Erdogan visit
Categories Business HYPED Turkey’s gas stations going down by the dozens Atilla YeşiladaPosted on16 February, 2022 Imran Okumus, head of the Petroleum Products Employers’ Union recently claimed in the Turkish that … Continue ReadingTurkey’s gas stations going down by the dozens
Categories Business HIGHLIGHTS Guven Sak: How Turkey lost her way Atilla YeşiladaPosted on15 February, 2022 Why are inflationary expectations rising now? One reason is the rapid depreciation of the Turkish … Continue ReadingGuven Sak: How Turkey lost her way
Categories Business Economy HIGHLIGHTS Minister reveals Turkey’s target set for 2022: $35 billion in tourism revenues Cem CetingucPosted on11 February, 202211 February, 2022 Initial indicators, such as early reservations, suggest that Turkey’s target set for 2022 of generating $35 … Continue ReadingMinister reveals Turkey’s target set for 2022: $35 billion in tourism revenues
Categories Business Company & Industry Finance HIGHLIGHTS HSBC: TOASO – BUY Promising outlook in both the short and long term Cem CetingucPosted on10 February, 2022 Entering “double-digit PBT” era. The key message from the FY21 results webcast (held on 4 … Continue ReadingHSBC: TOASO – BUY Promising outlook in both the short and long term
Categories Business Company & Industry HIGHLIGHTS Turkey: 72 hours for western media to obtain license Cem CetingucPosted on10 February, 2022 Turkish authorities for radio and telecommunications Rtuk has given 72 hours of time to Euronews, … Continue ReadingTurkey: 72 hours for western media to obtain license
Categories Business General HYPED EDAM: Modernizing the Turkey-EU Customs Union: the Digital Agenda and the Green Deal Atilla YeşiladaPosted on10 February, 2022 The modernization of the Turkey-EU Customs Union has been on the agenda for the past … Continue ReadingEDAM: Modernizing the Turkey-EU Customs Union: the Digital Agenda and the Green Deal
Categories Business HIGHLIGHTS Moody’s: U.S. rate hikes could hit highly dollarized emerging market banks Atilla YeşiladaPosted on8 February, 2022 Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, … Continue ReadingMoody’s: U.S. rate hikes could hit highly dollarized emerging market banks
Categories Business HIGHLIGHTS Turkey’s NG monopoly sucking up Central Bank reserves Atilla YeşiladaPosted on7 February, 2022 Turkey’s hard-strained industrial natural gas users breathed a sigh of relief today, as state-run NG … Continue ReadingTurkey’s NG monopoly sucking up Central Bank reserves
Categories Business General HIGHLIGHTS CN: Fears of a catastrophic run on the banks… Atilla YeşiladaPosted on7 February, 2022 Turks are angry and becoming suddenly poor after years of rising wealth as their country’s … Continue ReadingCN: Fears of a catastrophic run on the banks…
Categories Business General Victoria Craig/BBC: Can tourism ease the inflation pressure in Turkey? Atilla YeşiladaPosted on7 February, 2022 A mix of soaring inflation and a currency that’s lost nearly half its value has … Continue ReadingVictoria Craig/BBC: Can tourism ease the inflation pressure in Turkey?
Categories Business HIGHLIGHTS VoA: Supreme Court reviewing Halkbank appeal Atilla YeşiladaPosted on6 February, 2022 The deadline for Halkbank’s application to the US Constitutional Court regarding the dismissal of the … Continue ReadingVoA: Supreme Court reviewing Halkbank appeal
Categories Business Politics Media: Erdogan & Herzog to discuss NG pipeline Atilla YeşiladaPosted on4 February, 2022 Turkey and Israel can work together to carry Israeli natural gas to Europe and the … Continue ReadingMedia: Erdogan & Herzog to discuss NG pipeline
Categories Business Company & Industry Finance HIGHLIGHTS SISE Buy: Top-line growth to offset margin decline Cem CetingucPosted on2 February, 2022 2022 is mainly about top-line growth. We believe 2021 concluded with firmer operating margins y-o-y … Continue ReadingSISE Buy: Top-line growth to offset margin decline
Categories Business Company & Industry Economy General HIGHLIGHTS Erdoğan announces electricity price adjustment as Turks protest hikes Cem CetingucPosted on2 February, 2022 Turkish President Recep Tayyip Erdoğan announced an adjustment in the calculation of electricity prices after … Continue ReadingErdoğan announces electricity price adjustment as Turks protest hikes
Categories Business Economy Finance HIGHLIGHTS Macro Snapshot: CUR, RSCI and Sectoral Confidence Indices Cem CetingucPosted on1 February, 2022 In January, manufacturing CUR and construction confidence index decreased whereas real sector, service and retail … Continue ReadingMacro Snapshot: CUR, RSCI and Sectoral Confidence Indices
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Q4 21 results – What to expect? Cem CetingucPosted on1 February, 2022 Q4 2021 earnings season will start next week. We expect 39% earnings growth qoq and … Continue ReadingTurkish Banks: Q4 21 results – What to expect?
Categories Business Company & Industry General HIGHLIGHTS Industry and technology minister: Turkey top home appliances exporter in Europe in 2021 Cem CetingucPosted on1 February, 2022 Turkey took top honors as the largest home appliances exporter in Europe in 2021, the … Continue ReadingIndustry and technology minister: Turkey top home appliances exporter in Europe in 2021
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Banks: Sector Monthly Data Cem CetingucPosted on1 February, 2022 29% monthly ROE on lower provision expenses Turkish banking sector’s December net income is up … Continue ReadingTurkish Banks: Sector Monthly Data