Business
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Turkey’s tourism minister expects flights to return to normal at the end of June: report
April 2, 2020
Turkey’s tourism minister expects flights to return to normal at the end of June: report
Turkey’s tourism minister said on Thursday he expects flights to return to normal by the end of June, after airlines…
Turkey’s manufacturing outlook slips below critical mark in March: report
April 2, 2020
Turkey’s manufacturing outlook slips below critical mark in March: report
Turkey’s Purchasing Managers’ Index (PMI), a survey of manufacturing sector managers on productivity, was at 48.1 in March, down from…
Turkish central bank’s forex reserves dropped by $1.1 billion last week: report
April 2, 2020
Turkish central bank’s forex reserves dropped by $1.1 billion last week: report
The Turkish central bank’s gross foreign currency reserves dropped by $1.1 billion in the week to March 27 as the…
Turkey’s wealth fund signs $5 bln MOU with Chinese insurance company
March 27, 2020
Turkey’s wealth fund signs $5 bln MOU with Chinese insurance company
Turkey’s sovereign wealth fund said on Thursday it had signed a memorandum of understanding with China’s Sinosure to provide insurance…
Moody’s says Turkish economy will shrink 1.4 pct in 2020 due to coronavirus effect
March 27, 2020
Moody’s says Turkish economy will shrink 1.4 pct in 2020 due to coronavirus effect
US-based credit rating agency Moody’s has said the Turkish economy will shrink by 1.4 percent in 2020 and grow 0.8…
Turkey threatens to seize factories unless mask producers sell to gov’t: report
March 26, 2020
Turkey threatens to seize factories unless mask producers sell to gov’t: report
Turkish authorities will seize the factories of companies that produce masks unless they agree to sell product to the government…
Turkey shuts down historic İstanbul bazaar amid coronavirus outbreak
March 24, 2020
Turkey shuts down historic İstanbul bazaar amid coronavirus outbreak
İstanbul’s historic Grand Bazaar has been closed as part of efforts to stop the spread of the novel coronavirus, the…
Turkey’s youth unemployment hit 25.4 percent in 2019: statistical institute
March 21, 2020
Turkey’s youth unemployment hit 25.4 percent in 2019: statistical institute
Turkey’s youth unemployment increased to 25.4 percent in 2019 with an annual 5.1 percentage point increase, the Turkish Statistical Institute…
CHP politician says Turkey late in taking economic measures against coronavirus
March 19, 2020
CHP politician says Turkey late in taking economic measures against coronavirus
Faik Öztrak, the vice chair of Turkey’s main opposition Republican People’s Party (CHP), said the country was late in taking…
Turkish shops to close after Erdoğan promises economic support: report
March 19, 2020
Turkish shops to close after Erdoğan promises economic support: report
Turkish clothing retailers said on Thursday they were shutting stores and that shopping centers were set to close due to…