Announcement from TURKSTAT on the Inflation Basket

The Turkish Statistical Institute (TÜİK) issued a press statement following the remarks made by the leader of the Republican People's Party (CHP), Özgür Özel, reg...

Taiwan Blocks Uber's Acquisition of Foodpanda for $950 Million

Investing.com -- Taiwan's Fair Trade Commission (FTC) has halted Uber Technologies' plan to acquire Foodpanda's local delivery business for $950 million due to co...

Bolat: We Continue to Enhance Our Relations with North Macedonia Comprehensively

The Minister of Trade, Ömer Bolat, stated that they continue to comprehensively develop relations with North Macedonia, particularly in defense industry, security...

The Carpeting Sector Connects with the Designers of the Future

The winners of the National Carpet Design Competition, organized by the Istanbul Carpet Exporters Association (İHİB) for 17 years, have been announced. During the...

China's 2023 GDP Revised Upward to $17.73 Trillion

Forex - China's gross domestic product (GDP) for 2023 was revised upward by 2.7%, reaching 129.4 trillion yuan (17.73 trillion dollars). The head of the National ...

"Strong Tomorrows Project Launched with Otokar"

Foreks - Otokar (IS:OTKAR) has launched the "Strong Futures with Otokar" project aimed at enhancing the competency of the younger generation in science, technolog...

Rosatom Launches Pilot Operation of Fuel Production Facility for BREST-OD-300 Fast Reactor

Foreks - Rosatom has reached the first significant milestone in the development of its IV Generation nuclear energy system. A nuclear fuel production/reprocessing...

Treasury Identifies Banks Set to Operate as Market Makers in 2025

The Ministry of Treasury and Finance has identified the banks deemed suitable to operate as Market Makers in 2025. According to the announcement, 11 banks will se...

Bolat Travels to Skopje to Attend Turkey-North Macedonia Business Forum

Today, the Minister of Trade, Ömer Bolat, traveled to Skopje to participate in the Turkey-North Macedonia Business Forum and to hold official meetings.

Speaking...

Market Outlook: HSBC Expects UK Inflation to Decline Again by 2025

Forex - HSBC expects inflation in the UK to decline again as 2025 progresses. In a note written by HSBC economist Chris Hare, it was noted that annual price incre...

Globelink/Headline: New Alternatives Will Gain Importance in Trade Routes Between Asia and Europe

Foreks - The logistics sector navigated the year 2024 with issues such as the Red Sea crisis, freight rates, digitalization, and sustainability efforts. Fatih Baş...

IdeaSoft/Özkara: We Anticipate E-commerce Volume to Reach Approximately 5.5-6 Trillion TL by 2025 Due to Inflation Effects

Forex - Starting from January 1, 2025, intermediaries facilitating electronic commerce transactions will apply a 1% withholding tax when paying the amount excludi...

TURKSTAT: Household Consumption Patterns Form the Basis for Determining Inflation Rates

Forex - The Turkish Statistical Institute (TÜİK) stated that a basket was created based on the goods and services most consumed by households in order to determin...

IDDMIB/Tecdelioğlu: The Power of Design Will Propel Export Perception Forward

The winners of the 20th İMMİB Industrial Design Competition, organized in cooperation with the İstanbul Ferrous and Non-Ferrous Metals Exporters' Association (İDD...

Commerce Ministry/Gürcan: Comprehensive Inspections Nationwide Conducted Following Minimum Wage Increase to Address Unjust Price Hikes

Foreks - The Deputy Minister of Trade of the Republic of Turkey, Mahmut Gürcan, reported that comprehensive inspections were carried out across the country yester...

RENEWAL - Karesi Polyester and Petrochemicals Achieve 'Special Industrial Zone' Status

Foreks - Karesi Polyester and Petrochemical Industry Inc., operating with its production facilities located in South Marmara, has been granted the status of 'Spec...

REIDIN: The Project with the Highest Housing Fees is in Istanbul

The REIDIN 2024 Brand Housing Projects Dues Report has been published. According to the results for 2024, the project with the highest housing dues is located in ...

Ministry of Trade: Comprehensive Inspections Conducted Nationwide Following Minimum Wage Increase to Address Unjust Price Hikes

The Ministry of Trade reported that comprehensive inspections were carried out nationwide yesterday under the scope of unfair price increases following the announ...

Turkish Telekom Launches 5G Smart Farming Project in Çorum

Foreks - Türk Telekom (IS:TTKOM) has launched a 5G smart agriculture project in collaboration with ZTE, enabling digital transformation and modernization in agric...

Bitcoin Below $100,000: What’s the Market Expecting?

As low-volume trading continues in global markets due to the Christmas holiday, Bitcoin is experiencing calm price movements below $100,000. After starting the da...

Office Feed GES Begins Energy Production

Foreks - Ofis Yem GES has commenced energy production. According to the announcement made to the Public Disclosure Platform (KAP) by the company, the acceptance ...