NielsenIQ Turkey: Fast-Moving Consumer Goods Market Grows by 75.4%

Foreks - Global information services company NielsenIQ has shared insights that will shape the recent growth of the Fast-Moving Consumer Goods (FMCG) market, alon...

Politeknik Metal's R&D Production Development and Nickel Sulfate Production Facility Project Receives 'No EIA Required' Decision

The 'Environmental Impact Assessment is Not Required' decision has been made regarding the R&D production development and nickel sulfate production facility proje...

Strong Demand for Tekfen Holding's Financing Bond Issue

Tekfen Holding (TKFEN) is shifting towards sustainability-focused investments as part of its strategic transformation and change process. Initially planning to is...

Turkish Cement Industry Aims for Growth Strategy in the Syrian Market

Abdulhamit Akçay, Vice Chairman of the Turkish Cement Producers Association, stated in an interview with S&P Global Commodity Insights that Turkish cement produce...

December's Real Sector and Industry Confidence Indices Revealed

The Central Bank of the Republic of Turkey (CBRT) has announced the Real Sector Confidence Index (RKGE) for December 2024. The index, derived from the results of ...

Adel Kalemcilik Publishes Its Second Sustainability Report

Foreks - Oğuz Uçanlar, CEO of Adel/Faber-Castell, provided information regarding their Sustainability Report, the second issued this year, stating that they will ...

CATL/Pan: We Do Not Plan to Invest in Northvolt AB

Foreks - In an interview with Frankfurter Allgemeine Sonntagszeitung, Pan Jian, co-founder of Contemporary Amperex Technology Co. (CATL), the world's largest elec...

What Will Be the Cost of Minimum Wage for Employers in 2025?

The new minimum wage set for 2025 brings significant changes for both employees and employers. In the new year, the gross minimum wage is determined to be 26,005....

TKYD Corporate Governance Assessment Report: No Female Members in 26% of Companies

According to the Corporate Governance Rating Report prepared by the Turkish Corporate Governance Association (TKYD) after examining a total of 97 companies, in 20...

Istanbul Stock Exchange Starts the Day with Gains: Which Stocks Led at Opening?

The BIST 100 index started the day with an increase of 1.80%, reaching 9,846.39 points. In yesterday's trading, the BIST 100 index closed at 9,672.75 points, with...

Application Submitted to Competition Authority for Transfer of 100% Stake in Ciner Media Holding to Doğal Yaşam İnşaat

An application has been made to the Competition Authority for the transfer of 100% of the shares of Foreks - Ciner Yayın Holding Anonim Şirketi, which belongs to ...

FKB Economic Outlook Survey: December Inflation Expectation at 3.63%

The Financial Institutions Association (FKB), which operates to grow the Turkish economy with its non-banking financial sector players, has published the December...

Insurance Companies' Premium Production Increased by 72.6% in the First 11 Months

In the January-November period of 2024, the total premium production of insurance companies increased by 72.6% compared to the same period last year. According to...

Morgan Stanley's Optimism for Trump, IMF Support for Egypt, and Recent Developments in East Asian Economies: What's Happening in Global Markets?

Economic developments in the US and Asia are drawing attention. Morgan Stanley (MS) CEO has presented positive expectations regarding the potential return of the ...

Environmental Assessment Process Begins for Ahes GYO's Tourism Accommodation Facility Project

The Environmental Impact Assessment (EIA) process has commenced for the Tourism Accommodation Facility project planned by Ahes Real Estate Investment Trust.

In ...

Confidence Index in the Service Sector Rose by 2.4% in December

In December, the confidence index increased by 2.4% in the services sector, 1.2% in the retail trade sector, and 1.9% in the construction sector.

According to a ...

Capacity Utilization Rate Remained Steady in December

In December, the seasonally adjusted Capacity Utilization Rate (CUR-SA) in the manufacturing industry remained unchanged at 75.6%. The Central Bank of the Republi...

Real Sector Confidence Index Declines

In December, the seasonally adjusted Real Sector Confidence Index (RKGE-MA) decreased by 0.7 points compared to the previous month, reaching a level of 102.7. Acc...

Average Gross Earnings Per Capita Reached 26,402 TL Monthly in 2023

In November 2023, the gross minimum wage was set at 13,414.5 TL. According to earnings statistics, the monthly average gross salary per person amounted to 23,789 ...

MARKET OVERVIEW - The Stock Exchange Begins the Day with a Rise Exceeding Expectations

Forex - The BIST 100 index started the day with an increase of 173.64 points at 9,846.39. According to the Forex News survey, it was expected that the BIST 100 in...

New Regulations for Cryptocurrency Service Providers in Turkey from the Treasury

Three regulations covering cryptocurrency asset service providers have been published in the Official Gazette by the Ministry of Treasury and Finance in Turkey. T...