Business
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European Investment Bank to keep Turkey lending restrictions in place: report
January 21, 2020
European Investment Bank to keep Turkey lending restrictions in place: report
The European Union’s lending arm, the European Investment Bank (EIB), expects to keep its lending heavily restricted in Turkey this…
Treasury Minister Albayrak purchased land around route of Kanal İstanbul
January 21, 2020
Treasury Minister Albayrak purchased land around route of Kanal İstanbul
Turkey’s finance and treasury minister, Berat Albayrak, who is also the son-in-law of Turkish President Recep Tayyip Erdoğan, bought 3.2…
Rejection of new Sabiha Gökçen runway intended to boost İstanbul Airport business
January 17, 2020
Rejection of new Sabiha Gökçen runway intended to boost İstanbul Airport business
The Turkish transportation ministry’s rejection of the construction a new runway at İstanbul’s Sabiha Gökçen Airport was aimed at diverting…
Turkish State Railways (TCDD) suffered $400 mln loss in 2018
January 13, 2020
Turkish State Railways (TCDD) suffered $400 mln loss in 2018
The Turkish State Railways (TCDD) suffered a loss of TL 2,558,000 ($426 million) in 2018, TL 863 million more than…
Turkey’s inflation rises slightly more than expected to 11.8 pct: report
January 4, 2020
Turkey’s inflation rises slightly more than expected to 11.8 pct: report
Turkey’s annual inflation rate rose slightly more than expected to 11.84 percent in December, official data showed on Friday, ending…
Turkish operator says ex-Nissan boss used its jets illegally in escape from Japan
January 4, 2020
Turkish operator says ex-Nissan boss used its jets illegally in escape from Japan
Turkish private aircraft operator MNG Jet said on Friday that its planes were used illegally in the escape from Japan…
Turkey’s unemployment rate drops below 14 pct but still high after recession: report
December 16, 2019
Turkey’s unemployment rate drops below 14 pct but still high after recession: report
Turkey’s unemployment rate edged down to 13.8 percent in the August-October period, from 14.0 percent a month earlier, according to…
Google ceases new Android operations in Turkey over competition dispute
December 16, 2019
Google ceases new Android operations in Turkey over competition dispute
Google has told its Turkish business partners it will not be able to work with them on new Android phones…
Turkish banking watchdog denies ordering dismissal of 11 senior bankers: report
December 16, 2019
Turkish banking watchdog denies ordering dismissal of 11 senior bankers: report
Turkey’s banking watchdog has denied a report by Bloomberg that it ordered the dismissal of 11 senior bankers in the…
Turkey’s construction sector expects revival in third quarter of 2020
December 6, 2019
Turkey’s construction sector expects revival in third quarter of 2020
Turkey’s construction sector is expected to revive in the third quarter of next year, said the head of the Anatolian…