House sales increased by 1,5 percent in May compared to same month last year

House sales in May 2017 increased by 1.5% compared to the same month of the previous year and became 116 thousand 558. In house sales, Istanbul had the highest share with 20,489 houses sold corresponding to 17,4%. This was followed by 12,131 houses in Ankara corresponding to 10,8%  and 7,121 houses in İzmir, 6,1 percent of total sales. In Turkey, More...

by Editor | Published 28 mins ago
By Editor On Monday, June 26th, 2017
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Exporters Association: “Aegean region’s exports increased by 3 percent”

Exports from the Aegean region in the first five months of this year increased by 3 percent compared to the same period last year, reaching 6 billion 888 million dollars. According to a written statement from the More...

By Editor On Monday, June 26th, 2017
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Hotel occupancy rates increase in Istanbul in May 2017 but revenues fall

The Turkish Association of Hotels (TÜROB) reports that hotel occupancy rates increased in Istanbul in May but hotels in the city are still the cheapest in Europe. TÜROB  also said that despite the fact that More...

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By Editor On Monday, June 26th, 2017
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Istanbul Stock Exchange most profitable stock market since beginning of 2017

Borsa Istanbul (Istanbul Stock Exchange) ranked first among the major world stock exchanges enabling its investors to earn about 28 percent since the beginning of the year. Investors have earned an average of 27.52 More...

By Editor On Sunday, June 25th, 2017
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Report says Turks love to do shopping on foreign websites on the internet

Turks are truly so eager to spend and consume … This we have known for years from observations. In fact, this observation is once again proved as it has been announced by a statement made by a reliable official More...

By Editor On Thursday, June 22nd, 2017
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The Association of Vehicle Manufacturers Association (TAYSAD) pays visit to automotive manufacturers in India

A delegation consisting of TAYSAD members paid a visit to India to meet the main industrial companies in India. Based on the observations from this visit mainly Mr. Alper Kanca, President of the Association of More...

By Editor On Thursday, June 22nd, 2017
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Turkey’s Finance Minister: “Budget gave a surplus of 6.4 billion TL in May”

Finance Minister Naci Agbal said that the central government budget provided a deficit of 6.4 billion Turkish Liras in May and 11.5 billion liras in January-May period adding this had been a significant influence More...

By Editor On Wednesday, June 21st, 2017
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Card payments made over the Internet in Turkey break record in May

Card payments made on the Internet in Turkey in May have gone up to 8.5 billion Turkish Liras corresponding to an increase of 46 percent compared to the same month last year. According to the statement made by More...

By Editor On Wednesday, June 21st, 2017
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Fitch increases growth forecast for Turkey from 2,4 to 4,7 percent

Today there was a development that would please the government.  Int’ rating establishment Fitch disclosed the “Global Economic Outlook” report and Turkey’s growth forecast was also observed More...

By Editor On Tuesday, June 20th, 2017
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White goods sales in Turkey goes up by 33 percent in January-May period

Sales of white goods for the domestic market  in Turkey increased by 33 percent in January-May period due to the resetting of Excise Tax, while growth in exports remained at 4 percent. According to the data provided More...

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