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Tag: business news

Categories Business Economy HIGHLIGHTS

July industrial production soft, further weakening expected

Atilla YeşiladaPosted on11 September, 2023

“According to Industrial Production Index, seasonally and calendar adjusted production contracted by 0.4% monthly in … Continue ReadingJuly industrial production soft, further weakening expected

Türkiye’s consumer sentiment plunges in June
Categories Business Economy HYPED

Türkiye’s consumer sentiment plunges in June

Atilla YeşiladaPosted on20 June, 2023

Turkish consumer sentiment plummeted to a three-month low in June, the latest official figures released … Continue ReadingTürkiye’s consumer sentiment plunges in June

Türkiye seeks to maintain 25% cap on rent increases
Categories Business HYPED

Türkiye seeks to maintain 25% cap on rent increases

Atilla YeşiladaPosted on20 June, 2023

Justice Minister Yılmaz Tunç late Monday said Türkiye was working on extending a measure limiting … Continue ReadingTürkiye seeks to maintain 25% cap on rent increases

Uganda,Turkey talks begin as China railway deal comes to an end
Categories Business General HIGHLIGHTS Markets

Uganda,Turkey talks begin as China railway deal comes to an end

Cem CetingucPosted on14 January, 2023

Uganda has canceled all contractual work it signed with China Harbour Engineering Company to build a 273-kilometer … Continue ReadingUganda,Turkey talks begin as China railway deal comes to an end

Reuters:  Turkey began paying for Russian natural gas in roubles
Categories Business HIGHLIGHTS

Reuters:  Turkey began paying for Russian natural gas in roubles

Atilla YeşiladaPosted on9 November, 2022

Turkey has started paying for some its natural gas from Russia in roubles, Turkish Energy … Continue ReadingReuters:  Turkey began paying for Russian natural gas in roubles

BOTAS signs new gas deal with the National Iranian Gas Co.
Categories Business Company & Industry General HIGHLIGHTS HYPED

BOTAS signs new gas deal with the National Iranian Gas Co.

Cem CetingucPosted on4 November, 2022

Turkey’s state-owned energy company, BOTAS Petroleum Pipeline Corporation, has signed a new deal with the … Continue ReadingBOTAS signs new gas deal with the National Iranian Gas Co.

GEM Digital invests 50M dollars on Manc to boost global expansion
Categories Business Company & Industry General HIGHLIGHTS

GEM Digital invests 50M dollars on Manc to boost global expansion

Cem CetingucPosted on27 October, 202227 October, 2022

The Turkish developer Manc has reported a $50m investment for their Mancium mobile game token. … Continue ReadingGEM Digital invests 50M dollars on Manc to boost global expansion

Turkey seeks membership in Shanghai Cooperation Organisation
Categories Business Emerging Markets General HIGHLIGHTS Markets Politics

Turkey seeks membership in Shanghai Cooperation Organisation

Cem CetingucPosted on29 September, 202229 September, 2022

Turkey seeks to become a member of the Shanghai Cooperation Organisation (SCO), which also includes China and … Continue ReadingTurkey seeks membership in Shanghai Cooperation Organisation

Ozon opens office in Turkey to help goods flow to Russia
Categories Business Company & Industry HIGHLIGHTS Markets

Ozon opens office in Turkey to help goods flow to Russia

Cem CetingucPosted on31 August, 2022

Russian e-commerce firm Ozon said on Tuesday (30 August) it would open a local office … Continue ReadingOzon opens office in Turkey to help goods flow to Russia

Ali Riza Güngen:  The Shifting Politics of Debt in Turkey
Categories Business Finance HYPED

Ali Riza Güngen:  The Shifting Politics of Debt in Turkey

Atilla YeşiladaPosted on14 July, 2022

When the first wave of the Covid-19 pandemic in 2020 triggered widespread economic hardship, Turkish … Continue ReadingAli Riza Güngen:  The Shifting Politics of Debt in Turkey

ANALYSIS:  Is Turkey buying stolen Ukraine Grain?
Categories Atilla Yeşilada Business HIGHLIGHTS

ANALYSIS:  Is Turkey buying stolen Ukraine Grain?

Atilla YeşiladaPosted on27 June, 2022

Three weeks ago, Ukrainian authorities accused Turkish buyers accepting stolen grain, a claim denied by … Continue ReadingANALYSIS:  Is Turkey buying stolen Ukraine Grain?

COMMENTARY: Erdogan dooms Turkey to currency volatility
Categories Atilla Yeşilada Business Columnists HIGHLIGHTS

COMMENTARY: Erdogan dooms Turkey to currency volatility

Atilla YeşiladaPosted on26 May, 2022

While monetary policy decisions are nominally taken and announced by Central Bank of Turkey (CBRT), … Continue ReadingCOMMENTARY: Erdogan dooms Turkey to currency volatility

Gas pipeline deal between Turkey and Israel seems unattainable
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

Turkstat consumer confidence sinks amidst signs of demand slowdown
Categories Business Economy HIGHLIGHTS

Turkstat consumer confidence sinks amidst signs of demand slowdown

Atilla YeşiladaPosted on21 April, 2022

Turkstat (official) Consumer Confidence Index (CCI) decreased by 7.3% to 67.3 in  April (March: 72.5, … Continue ReadingTurkstat consumer confidence sinks amidst signs of demand slowdown

Finance minister gets together with US company executives
Categories Business Economy HIGHLIGHTS

Finance minister gets together with US company executives

Cem CetingucPosted on21 April, 2022

Treasury and Finance Minister Nureddin Nebati met with executives of prominent U.S. companies to speak on the economic … Continue ReadingFinance minister gets together with US company executives

CNBC:  Russian oligarchs are welcome in Turkey, foreign minister says
Categories Business General HYPED

CNBC:  Russian oligarchs are welcome in Turkey, foreign minister says

Atilla YeşiladaPosted on26 March, 2022

Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his … Continue ReadingCNBC:  Russian oligarchs are welcome in Turkey, foreign minister says

UK and Turkey agree clean transport deal worth £1.7 billion
Categories Business General HIGHLIGHTS Tech

UK and Turkey agree clean transport deal worth £1.7 billion

Cem CetingucPosted on19 March, 202219 March, 2022

The UK government’s biggest ever sustainable, civil infrastructure deal will help finance a new high … Continue ReadingUK and Turkey agree clean transport deal worth £1.7 billion

Turkey can attract hundreds of U.S. companies due to Russian war: US executive
Categories Business HIGHLIGHTS Markets Politics

Turkey can attract hundreds of U.S. companies due to Russian war: US executive

Cem CetingucPosted on19 March, 2022

Turkey could grab the opportunity to attract hundreds of U.S. companies leaving the Russian market over … Continue ReadingTurkey can attract hundreds of U.S. companies due to Russian war: US executive

Business dropped 50 percent for Turkish brands in Russia
Categories Business Company & Industry HIGHLIGHTS Markets

Business dropped 50 percent for Turkish brands in Russia

Cem CetingucPosted on3 March, 2022

As a result of the Russia-Ukraine war, business in nearly a thousand brands operating in … Continue ReadingBusiness dropped 50 percent for Turkish brands in Russia

Industry and technology minister: Turkey top home appliances exporter in Europe in 2021
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

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