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Tag: Cem Cetinguc

Earthquake’s Aftermath: “Reconstruction Cost of Housing and Infrastructure to Exceed $45 Billion”
Categories Economy General HIGHLIGHTS

Earthquake’s Aftermath: “Reconstruction Cost of Housing and Infrastructure to Exceed $45 Billion”

Cem CetingucPosted on22 February, 202322 February, 2023

Two weeks after the Hatay earthquake , the damage assessment is also nearing completion. So … Continue ReadingEarthquake’s Aftermath: “Reconstruction Cost of Housing and Infrastructure to Exceed $45 Billion”

“Türkiye Tek Yürek” collects 115 billion TL for the eqarthquake
Categories General HIGHLIGHTS

“Türkiye Tek Yürek” collects 115 billion TL for the eqarthquake

Cem CetingucPosted on16 February, 2023

“Türkiye Tek Yürek” campaign has collected donations of 115 billion 146 million 528 thousand Turkish … Continue Reading“Türkiye Tek Yürek” collects 115 billion TL for the eqarthquake

HSBC: CBRT sold 107 billion dollars in 9 months
Categories Economy Finance General HIGHLIGHTS HYPED

HSBC: CBRT sold 107 billion dollars in 9 months

Cem CetingucPosted on10 October, 202210 October, 2022

According to HSBC Portfolio’s calculations, it is estimated that the Central Bank’s reserves for exchange … Continue ReadingHSBC: CBRT sold 107 billion dollars in 9 months

Massive exodus from energy production
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

Price hikes rain hellfire down on Turkish consumers
Categories Economy General HIGHLIGHTS

Price hikes rain hellfire down on Turkish consumers

Cem CetingucPosted on9 March, 2022

Price hikes rain hellfire down on Turkish consumers In his recent statement to the Turkish … Continue ReadingPrice hikes rain hellfire down on Turkish consumers

Turkish companies have the potential to double in value
Categories Business Company & Industry Emerging Markets General HIGHLIGHTS

Turkish companies have the potential to double in value

Cem CetingucPosted on9 March, 202211 March, 2022

According to CompaniesMarketCap data, Turkish companies generate 0.20 percent of the total turnover and 0.21 … Continue ReadingTurkish companies have the potential to double in value

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

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector
Categories Business Company & Industry General Markets

Ukraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

Cem CetingucPosted on2 March, 20222 March, 2022

After Russia’s declaration of war on Ukraine last week, the effects of the economic sanctions … Continue ReadingUkraine crisis: Purchase order cancellations reached 200 million dollars in Turkish clothing sector

Russian invasion will be highly costly for Turkey: CHP deputy
Categories General HIGHLIGHTS HYPED Politics

Russian invasion will be highly costly for Turkey: CHP deputy

Cem CetingucPosted on28 February, 202228 February, 2022

Russian President Vladimir Putin launched a special military operation for the Donbas region in eastern … Continue ReadingRussian invasion will be highly costly for Turkey: CHP deputy

Hefty increase in minimum wage is expected in Turkey
Categories Economy General

Hefty increase in minimum wage is expected in Turkey

Cem CetingucPosted on12 November, 202112 November, 2021

Gizem Öztok Altınsaç, Chief Economist of the Turkish Industrialists’ and Businessmen’s Association (TÜSİAD), said she … Continue ReadingHefty increase in minimum wage is expected in Turkey

Economist (Prof) Ulusoy: If  dollar/TL does not stabilize, the entire economy could be disrupted
Categories Economy Finance HIGHLIGHTS

Economist (Prof) Ulusoy: If  dollar/TL does not stabilize, the entire economy could be disrupted

Atilla YeşiladaPosted on29 October, 2021

Economist Prof. Dr. Veysel Ulusoy pointed out that the real danger is the volatility in … Continue ReadingEconomist (Prof) Ulusoy: If  dollar/TL does not stabilize, the entire economy could be disrupted

Locals sell $1 Billion after CBRT’s policy rate cut
Categories Finance HIGHLIGHTS HYPED Markets

Locals sell $1 Billion after CBRT’s policy rate cut

Atilla YeşiladaPosted on24 September, 202124 September, 2021

After the Central Bank’s (MB) interest rate cut, which bankers had difficulty explaining for economic … Continue ReadingLocals sell $1 Billion after CBRT’s policy rate cut

Garanti BBVA: New BRSA restrictions put the brakes on consumer loans
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

OPINION: Turkish assets after Central Bank and Fed
Categories Finance HIGHLIGHTS Markets

OPINION: Turkish assets after Central Bank and Fed

Atilla YeşiladaPosted on21 September, 2021

World stock markets started September with a sell-off, as concerns about the slowdown caused by … Continue ReadingOPINION: Turkish assets after Central Bank and Fed

Minister Soylu assures to victims of flood: Damages will be completely gone within a year
Categories General

Minister Soylu assures to victims of flood: Damages will be completely gone within a year

Cem CetingucPosted on9 September, 20219 September, 2021

Interior Minister Süleyman Soylu stated that the total damage of the flood affecting Bartın, Kastamonu, … Continue ReadingMinister Soylu assures to victims of flood: Damages will be completely gone within a year

Details of AKP’s social media law is revealed: Social Media Presidency Era is here   
Categories Tech

Details of AKP’s social media law is revealed: Social Media Presidency Era is here  

Atilla YeşiladaPosted on23 August, 2021

  WATCH:  President Erdogan wants to go to the Moon, people want supper   While … Continue ReadingDetails of AKP’s social media law is revealed: Social Media Presidency Era is here  

Turkish Private Schooling struggles amid pandemic era
Categories Business General HYPED

Turkish Private Schooling struggles amid pandemic era

Atilla YeşiladaPosted on5 July, 2021

Turkish private schooling has been one of the areas most affected by the coronavirus.   … Continue ReadingTurkish Private Schooling struggles amid pandemic era

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