economy
Foreign investors flock to Turkey ahead of elections, anticipating potential economic shift: report
Economy
March 25, 2023
Foreign investors flock to Turkey ahead of elections, anticipating potential economic shift: report
A wave of foreign investors is returning to Istanbul and Ankara after years of absence, holding numerous meetings to gauge…
Business closures up 20 percent in Turkey
Business
June 22, 2019
Business closures up 20 percent in Turkey
The number of companies ceasing operations grew by 20 percent last month, according to figures provided by the Turkish Union…
Turkish industrial capacity utilisation edges up
Turkey
March 25, 2019
Turkish industrial capacity utilisation edges up
Turkey’s manufacturing industry used more of its capacity in March, the central bank said. Capacity utilisation increased to 74.3 percent…
Turkey’s economy contracts more than 3 pct, showing signs of recession
Business
March 12, 2019
Turkey’s economy contracts more than 3 pct, showing signs of recession
The Turkish economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worst performance in…
Erdoğan: Historic sites in Istanbul to be demolished for reconstruction
Business
February 25, 2019
Erdoğan: Historic sites in Istanbul to be demolished for reconstruction
Turkish President Recep Tayyip Erdoğan said in a TV interview on Sunday that some of the historic buildings on İstanbul’s…
Turkey’s industrial production dropped 9.8 pct year-on-year in December
Economy
February 17, 2019
Turkey’s industrial production dropped 9.8 pct year-on-year in December
Turkish calendar-adjusted industrial production in December 2018 decreased by 9.8 percent over the same month last year, the Hürriyet Daily…
Ukraine International Airlines takes delivery of first Boeing 777 aircraft
Business
February 21, 2018
Ukraine International Airlines takes delivery of first Boeing 777 aircraft
Ukraine International Airlines (UIA) announced (19-Feb-2018) the delivery of its first of four Boeing 777-200ER aircraft (UR-GOA) on 16-Feb-2018, as…
[OPINION] Turkish small and medium business: A valuable lesson for Ukraine
Editor's Choice
February 21, 2018
[OPINION] Turkish small and medium business: A valuable lesson for Ukraine
When people describe the business in Turkey, they usually laud its small and medium business. Definitely, about 96% of all…
Ukraine targets economic growth of 5 percent in medium-term: PM
Economy
February 21, 2018
Ukraine targets economic growth of 5 percent in medium-term: PM
Ukraine has the potential to achieve an annual gross domestic product (GDP) growth of 5 percent in the coming years,…