Categories Company & Industry Markets Spain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide Güldem AtabayPosted on30 June, 202230 June, 2022 Shares in BBVA (BBVA.MC) fell on Wednesday, after the Spanish bank said hyperinflation accounting at its Turkish … Continue ReadingSpain’s BBVA shifts to hyperinflation accounting in Turkey, shares slide
Categories Company & Industry HYPED Markets HSBC Global Research: Taking stock of recent regulations on commercial banks Atilla YeşiladaPosted on30 June, 2022 Policy makers respond to TRY depreciation by influencing market rates through regulating bank balance sheets. … Continue ReadingHSBC Global Research: Taking stock of recent regulations on commercial banks
Categories Business Company & Industry Finance HIGHLIGHTS Turkish Aviation: Heading towards a strong summer Cem CetingucPosted on8 June, 2022 Shift in traffic mix towards international routes should support profitability. Despite the headwinds from Omicron … Continue ReadingTurkish Aviation: Heading towards a strong summer
Categories Company & Industry Finance General HIGHLIGHTS Banking industry: FX protected deposit scheme boosts NII Cem CetingucPosted on6 June, 20226 June, 2022 45% monthly ROE on lower provisions and OPEX Turkish banking sector’s April net income is … Continue ReadingBanking industry: FX protected deposit scheme boosts NII
Categories Business Company & Industry Emerging Markets Finance HIGHLIGHTS IsDB to invest on eliminating food supply problems: Nebati Cem CetingucPosted on5 June, 2022 The Islamic Development Bank (IsDB) Group works to eliminate problems in the food supply and … Continue ReadingIsDB to invest on eliminating food supply problems: Nebati
Categories Company & Industry General HIGHLIGHTS Markets Tech Turkey to mass produce laser-guide munition for its drones Cem CetingucPosted on5 June, 2022 Turkey has started to mass-produce its latest miniature munition developed for unmanned aerial vehicles (UAVs), … Continue ReadingTurkey to mass produce laser-guide munition for its drones
Categories Company & Industry Economy General HIGHLIGHTS Turkey raises natural gas and power prices amid ‘perfect eceonomic storm’ Cem CetingucPosted on2 June, 2022 Turkey raised natural gas and power prices on Wednesday and its energy importer blamed a … Continue ReadingTurkey raises natural gas and power prices amid ‘perfect eceonomic storm’
Categories Business Company & Industry General HIGHLIGHTS Tupras | Upgrade to Buy: Weaker TRY shifts balance of risk Cem CetingucPosted on1 June, 20221 June, 2022 Exceptionally strong refining margins… Tupras continues to enjoy exceptionally strong refining margins on the back … Continue ReadingTupras | Upgrade to Buy: Weaker TRY shifts balance of risk
Categories Company & Industry General HIGHLIGHTS Markets Turkey becomes a major player in global health tourism Cem CetingucPosted on30 May, 2022 Turkey’s health services industry served more than 640,000 people from other nations, and 400,000 of … Continue ReadingTurkey becomes a major player in global health tourism
Categories Company & Industry Economy General HIGHLIGHTS Markets Turkish publishers struggle to survive amid economic crisis Cem CetingucPosted on30 May, 2022 Turkish publishers are increasingly struggling to release new books and face agonising choices to survive amid … Continue ReadingTurkish publishers struggle to survive amid economic crisis
Categories Company & Industry General HIGHLIGHTS Markets Turkey: main destination for EU’s waste exports Cem CetingucPosted on25 May, 2022 Turkey is the largest destination for waste exported from the EU, with a volume of around 14.7 … Continue ReadingTurkey: main destination for EU’s waste exports
Categories Business Company & Industry Economy General HIGHLIGHTS Tech Turkey to save 7 Billion dollars from wind, solar energy Cem CetingucPosted on25 May, 2022 Turkey has managed to save $7 billion in the last 12 months as its wind … Continue ReadingTurkey to save 7 Billion dollars from wind, solar energy
Categories Company & Industry General HIGHLIGHTS Tech Electric cargo UGV production is set to start in Turkey Cem CetingucPosted on24 May, 2022 An electronics company from central Turkey is set to begin mass production of its electric … Continue ReadingElectric cargo UGV production is set to start in Turkey
Categories Business Company & Industry General HIGHLIGHTS Politics Gas pipeline deal between Turkey and Israel seems unattainable Cem CetingucPosted on23 May, 202225 May, 2022 Turkey is ready for energy cooperation with Israel after years of enmity, reviving a project … Continue ReadingGas pipeline deal between Turkey and Israel seems unattainable
Categories Company & Industry Finance HIGHLIGHTS Markets Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Company & Industry General HIGHLIGHTS Markets Tech Binance Turkey warns investors regarding Billboard scams Cem CetingucPosted on12 May, 2022 Istanbul, Turkey is awash in billboards advertising new crypto offerings from virtual asset exchanges, but … Continue ReadingBinance Turkey warns investors regarding Billboard scams
Categories Business Company & Industry Finance HIGHLIGHTS Turkey Food Retail: Strong top-line growth helps deliver stable profitability Cem CetingucPosted on12 May, 2022 Strong growth momentum with trade down environment: Turkish food retailers report strong sales growth momentum … Continue ReadingTurkey Food Retail: Strong top-line growth helps deliver stable profitability
Categories Business Company & Industry General HIGHLIGHTS Tech Massive exodus from energy production Cem CetingucPosted on10 May, 202210 May, 2022 The ongoing economic crisis in Turkey hit energy companies hard. Investors began to withdraw from … Continue ReadingMassive exodus from energy production
Categories Company & Industry General HIGHLIGHTS Politics Tech Turkish drone brings innovation to modern warfare Cem CetingucPosted on10 May, 202210 May, 2022 A video posted toward the end of February on the Facebook page of Valerii Zaluzhnyi, … Continue ReadingTurkish drone brings innovation to modern warfare
Categories Business Company & Industry General HIGHLIGHTS Markets WTO decides in favor of Turkey in steel import case Cem CetingucPosted on6 May, 2022 A panel of the World Trade Organization (WTO) has supported Turkey’s complaints and ruled that … Continue ReadingWTO decides in favor of Turkey in steel import case
