Business
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Global index provider warns Turkey could be demoted to ‘frontier market’ status: report
June 24, 2020
Global index provider warns Turkey could be demoted to ‘frontier market’ status: report
Turkey could be demoted to the status of “frontier” market by one of the world’s most important index providers, after…
Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry
June 23, 2020
Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry
Turkey’s central government debt totaled 1.63 trillion lira ($238 billion) at the end of May, up 34 percent year-on-year, the…
Turkish companies start using yuan funding after Chinese swap deal: report
June 22, 2020
Turkish companies start using yuan funding after Chinese swap deal: report
Turkey’s central bank said Turkish companies last week used Chinese yuan funding for the first time under a swap agreement…
Turkey’s troubled tourism sector faces critical week as borders reopen: report
June 22, 2020
Turkey’s troubled tourism sector faces critical week as borders reopen: report
Turkey’s Mediterranean coasts and historic attractions face a critical week as the government presses to open borders and salvage at…
Turkey’s consumer confidence stays in pessimistic territory in June: report
June 22, 2020
Turkey’s consumer confidence stays in pessimistic territory in June: report
Turkey’s consumer confidence index edged up to 62.6 points in June from 59.5 the previous month, remaining deep in pessimistic…
With economy reopening, Turkey to halt worker pay system: report
June 17, 2020
With economy reopening, Turkey to halt worker pay system: report
Turkey, which reopened its economy this month after a coronavirus-related lockdown, will deactivate a temporary pay system used over the…
Turkey could emerge stronger from coronavirus crisis, EBRD president says
June 17, 2020
Turkey could emerge stronger from coronavirus crisis, EBRD president says
Turkey could emerge stronger from the coronavirus crisis, President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti…
Turkey’s industrial output plummeted by 31.4 pct in April due to pandemic
June 12, 2020
Turkey’s industrial output plummeted by 31.4 pct in April due to pandemic
Turkey’s industrial output slumped a more-than-expected 31.4 percent, and its current account deficit widened beyond $5 billion in April as…
Gov’t debt held by Turkey’s central bank exceeds 10 pct of assets: report
June 11, 2020
Gov’t debt held by Turkey’s central bank exceeds 10 pct of assets: report
The share of government debt among the Turkish central bank’s assets exceeded 10 percent this week, data showed on Wednesday,…
More than 9,000 foreigners acquire Turkish citizenship via real estate investment: report
June 11, 2020
More than 9,000 foreigners acquire Turkish citizenship via real estate investment: report
Turkey has granted citizenship to more than 9,000 people through real estate investments since mid 2016, according to the head…