Fitch confirms Turkey’s credit rating at “BB +” level and outlook stable

In a statement made by Fitch Ratings, the credit rating agency, Turkey’s credit rating was confirmed at “BB +” level and its outlook was “stable”. . After the decision, the USD / TL maintained a stable course above 3.53. In the statement, Turkey’s credit rating was said to be a balance of high external financial More...

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By Editor On Wednesday, July 19th, 2017
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Turkey draws in $12.3 billion of FDI in 2016 despite decrease in investments globally

The World Investment Report 2017 prepared by the United Nations Conference on Trade and Development (UNCTAD) says Turkey drew in $12.3 billion of FDI in 2016 2016 despite the global decline in investments and a More...

By Editor On Tuesday, July 18th, 2017
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Turkish automotive sector is heading for new record in exports in 2017

Automotive sector is a major source to generate export revenues adding substantially to the economy of Turkey. The Turkish companies operating in the sector have a very important share in world markets and Europe, More...

By Editor On Monday, July 17th, 2017
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Istanbul Stock Market renews its closing record after seeing all-time peak

The BIST 100 index finished the day with an increase of 0.99 percent at 106,177 points which is a new closing record, after having seen all-time peak of 106,402.15 points during the day. The BIST 100 index which More...

By Editor On Sunday, July 16th, 2017
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Minister says Turkish economy will grow faster in the second quarter

Economy Minister Nihat Zeybekci delivered a speech in the semiannual evaluation meeting of the Turkish Exporters Assembly (TIM) on which occasion he commemorated with gratitude, those who lost their lives in the More...

By Editor On Friday, July 14th, 2017
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Turkish Bankers say they have done the best for economy since July 15 coup attempt

Bank chief executives have made a declaration saying they have tried to do what is best for the economy and not the sector since the coup attempt on July 15th 2016. Mr. AYDIN, Chairman of the Turkish Banking Association More...

By Editor On Friday, July 14th, 2017
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The Istanbul stock market breaks its closing record above 105,000

BIST 100 INDEX on Istanbul Stock Exchange completed a closing day with a record of 105.175,73 points corresponding to an increase of 0.93 percent. While BIST 100 index increased by 965.51 points compared to the More...

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By Editor On Thursday, July 6th, 2017
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Stock market Istanbul starts the day at 100.855,30 points by 0.11 per cent rise

At the opening, while BIST 100 index increased by 110.85 points, banking index increased by 0.10 percent and holding index increased by 0.23 percent. Among sector indexes the most profitable was investment trust More...

By Editor On Thursday, July 6th, 2017
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Minister Canikli: “We do not expect rating increases from int’l rating agencies”

Turkey’s Deputy Prime Minister Mr. Nurettin CANIKLI, one of Turkey’s Deputy Prime Ministers answered questions about the agenda in a program he attended on CNN Turk. CANIKLI said that the desired growth figures More...

By Editor On Thursday, July 6th, 2017
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Exports go up to US$ 76 billion 383 million by 8,2 percent increase in first half of 2017

The exports figures of Turkish Exporters’ Assembly for June 2017 were announced in Gaziantep. Deputy Prime Minister Mehmet SIMSEK said that Turkey had achieved 5.7 per cent growth over the past 15 years. More...

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