Türkiye’s present account deficit widened to about $3.7 billion in November, official knowledge confirmed Wednesday, propelled by hovering value of vitality imports and speedy enhance
Tag: Turkish economy
Türkiye registers unexpected current account gap in November
Türkiye’s present account deficit widened to about $3.7 billion in November, official knowledge confirmed Wednesday, propelled by hovering price of power imports and fast enhance
Chinese giant Alibaba’s President Evans visits Turkuvaz Media Group
Chinese e-commerce large Alibaba President Michael Evans on Sunday paid a go to to Türkiye’s main media group and Daily Sabah mum or dad firm,
Industrial output in Türkiye down 1.3% year-on-year in Nov
Türkiye’s calendar-adjusted industrial manufacturing decreased by 1.3% in Nov. 2022 on a yearly foundation, the nation’s statistical authority introduced on Tuesday. The mining and quarrying
Capital boost to help Türkiye’s top bank drive economy in 2023: CEO
An injection of extra capital will assist Ziraat Bank to spearhead President Recep Tayyip Erdoğan’s drive to spice up financial development and deal with persistent
Turkish retailers unveil wave of price freezes to curb inflation
Major retailers in Türkiye this week introduced a wave of initiatives of reductions and value freezes on an array of shopper items in a bid
Turkish mergers, acquisitions, privatizations total $4.6B in 2022
Mergers and acquisitions in Türkiye totaled TL 86.2 billion ($4.59 billion) in 2022, the nation’s competitors watchdog mentioned Friday. The general determine included seven privatization
Türkiye hikes wages of active, retired civil servants by 30%: Erdoğan
President Recep Tayyip Erdoğan on Wednesday revised upward the rise in wages for energetic and retired civil servants to 30% for the primary half of
Homeownership drive: Türkiye unveils campaign for mid-income citizens
Türkiye on Wednesday introduced particulars of a brand new marketing campaign for middle-income residents searching for reasonably priced housing, months after it unveiled its greatest
Türkiye touts downward trend as inflation falls sharply to around 64%
Annual inflation in Türkiye confirmed a pointy fall in December and got here in under expectations, official knowledge confirmed on Tuesday, primarily as a result