Yılmaz: Our New GAP Action Plan for 2024-2028 Will Allocate 496 Billion Lira for 198 Projects

Forex - Cevdet Yılmaz stated, "In our new GAP Action Plan covering the period 2024-2028, we aim to complete irrigation investments with the 198 projects and the a...

Togg Surpasses 72% Domestic Production Rate in Just 20 Months

Togg, established to create a globally recognized brand in Turkey and form the core of the Turkish mobility ecosystem, has achieved a local production rate of 72....

Exporters Call for New Regulations on Green Passports

Recent delays and disruptions in visa application processes are putting exporters in a tough spot. Exporters eligible for a green passport are facing challenges d...

North Macedonia-Turkey Business Forum Held in Skopje

The North Macedonia-Turkey Business Forum, organized by the Foreign Economic Relations Board (DEIK), took place on December 26, 2024, in Skopje, attended by Turke...

SHA-RA Energy Submits IPO Application to Capital Markets Board

Foreks - ŞA-RA Energy, one of the leading companies in the Turkish industrial and energy sector, announced that it has applied for a public offering to the Capita...

Turkey Boosts Solar Power Capacity by Nearly 6,000 MW in 2024, Setting a New Record

Turkey, which is around 70% dependent on imports for primary energy sources, spends approximately $80 billion annually on energy imports. In 2024, it successfully...

Alfirin Energy Seeks License Amendment from EPDK to Export Electricity to Iraq

Foreks - Alfirin Energy Trade Inc. has submitted an application for a license amendment to the Energy Market Regulatory Authority (EPDK) to export electricity to ...

Ministry of Trade Imposes 10 Million TL Fine on Businesses for Price Gouging in Just Three Days

The Ministry of Commerce imposed an administrative monetary fine of 10 million TL on businesses applying excessive pricing within three days following the announc...

Today's Official Gazette - December 29

Forex - REGULATIONS –– Regulation of the Distance Education Application and Research Center of İnönü University –– Regulation on Amendments to the Associate Degre...

The Price of Plastic Bags Will Be 50 Kurush in the New Year

In 2019, the Ministry of Environment, Urbanization, and Climate Change implemented a fee for plastic bags, which will be set at 50 kuruş starting from January 1, ...

Credit Rating Agencies' Turkey Calendar for 2025 Has Been Set: Moody's and Fitch Expected in January

Forex - The international credit rating agency Moody's has set two credit rating review dates for Turkey in 2025. Following other agencies, Moody's has also publi...

Lightning: Minimum Wage Increases Above Inflation

The Minister of Treasury and Finance, Mehmet Şimşek, stated that the minimum wage has increased above inflation. In a statement made through his X account, he not...

Environmental Law Leads to 43.93% Increase in Recovery Contributions for Certain Products in 2025

According to the Environmental Law, the recovery contribution fees for certain products will increase by 43.93% in 2025. The "Communiqué on the Recovery Contribut...

Exporters Granted Additional Time for Duty and Fee Exemptions Under Inward Processing Regime

Forex - Export companies have been granted an extension for the implementation of tax, fee, and charge exemptions under the inward processing regime.

The change...

Marmarabirlik Aims for $37 Million in Exports by 2025

Forex - Marmarabirlik has shared its foreign trade targets for the year 2025 with the public. The Chairman of Marmarabirlik's Board of Directors, Hidamet Asa, ann...

MAPEG Launches Conditional Tender for Gold or Copper Production Facility at Group IV Mining Site in Kırklareli

The Ministry of Energy and Natural Resources' General Directorate of Mining and Petroleum Affairs (MAPEG) has launched a conditional tender for the establishment ...

Karsan Delivers Three e-ATAK Buses to Istanbul Güngören Municipality

Karsan (IS:KARSN), which operates over 1,300 electric vehicles across 23 countries, has delivered 3 units of the e-ATAK model to the Güngören Municipality in Ista...

Arar Petroleum Applies for Four New Oil Exploration Licenses

Foreks - Arar Petroleum and Gas Exploration Production Marketing Inc. has applied for four oil exploration licenses. Announcements related to this matter have bee...

The Amount of Supervision Applied to Citric Acid Imports Has Been Reduced

The surveillance application amount applied to the import of citric acid has been reduced. A communiqué prepared by the Ministry of Trade has been published in th...

Investigation by Brazilian Labor Inspectors into Human Trafficking Allegations at BYD Factory Site

Investing.com -- Brazilian labor inspectors have launched an investigation into allegations of human trafficking and forced labor at a construction site for a fac...

The New Season of Squid Game Shocks South Korean Stocks

On Friday, shares of South Korean companies linked to Netflix Inc.'s "Squid Game" series experienced a significant decline following the release of the show's new...