Top 20 exporters list of Turkey announced by Turkish Exporters Association

According to the Top 1000 Exporter Company-2016 survey prepared by the Turkish Exporters Assembly (TIM), FORD OTOMOTİV ranked number one on the list for top exporters of Turkey with US$ 3,9 billion followed by TOFAŞ (Turkish Automobile Factories) with US$ 3,1 billion and Oyak-Renault (Automobile Factories) with US$ 2.8 billion The total exports of More...

by Editor | Published 4 days ago
By Editor On Tuesday, August 15th, 2017
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Istanbul Stock Exchange closes the day with a 2.40 percent drop

While the BIST 100 index decreased by 2,624.10 points compared to the previous close, the total transaction volume amounted to 7 billion TL. Banking index decreased by 2.45 percent and holding index decreased by More...

By Editor On Tuesday, August 15th, 2017
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A quick look at the Turkish financial and banking sectors

Thanks to the regulatory reforms and structural reforms implemented by the government following the financial collapse of the country at the beginning of the 2000s, the Turkish financial sector survived the global More...

By admin On Friday, August 4th, 2017
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Taxation in Turkey (2017)

Turkey is a country where taxpayers are heavily taxed and for almost everything one can think of. On the other hand the taxation system was quite complicated in the country in the past. Hoopefull it is more understandable More...

By Editor On Tuesday, August 1st, 2017
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Turkey’s Central Bank raises inflation forecast for the second consecutive time

The Central Bank has raised the forecast for 2017 inflation from 8.5 percent to 8.7 percent; The CB did not change its inflation forecast of 6.4 percent for 2018. Central Bank President Murat CETINKAYA said in More...

By Editor On Monday, July 31st, 2017
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Turkey’s Undersecretariat of Treasury announces its borrowing program

The Treasury is planning a domestic borrowing of 39.3 billion TL in August-October. External borrowing will not be done in this period. Treasury is planning 5 tenders in August, 5tenders in September and 7 tenders More...

By Editor On Monday, July 31st, 2017
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President of The Central Bank of Turkey: “Strict stance will continue”

CETINKAYA, the President of the Central Bank of Turkey who made a presentation in the meeting held with the bankers stressed that the risks regarding pricing behaviors were still important. The President of the More...

By Editor On Thursday, July 27th, 2017
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Loan volume of Turkish banking sector increases to TL 1 trillion 961 billion in July

According to the weekly bulletin of the Banking Regulation and Supervision Agency (BRSA /BDDK), the loan volume of the sector increased by TL 2 billion 907 million in week which ended with July 21. In the mentioned More...

By Editor On Wednesday, July 26th, 2017
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Experts forecast further depreciation in Turkish Lira in second half 2017

Experts say any signals to reduce the balance sheet at today’s Fed meeting or disagreements between FED members could be very critical in terms of pricing. On the other hand it could also be critical to hear More...

By Editor On Wednesday, July 26th, 2017
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Turkey receives substantial amount of investments from Gulf region

The direct investment in Turkey from the Gulf countries increased by 397 percent in January-May this year compared to the same period last year. In the same period, the amount of investments from the Near and Middle More...

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