economy

Business closures up 20 percent in Turkey
Business

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

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

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

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

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

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

[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

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,…
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