Turkey’s unemployment rate declines to 10.6 percent in February 2018

Turkey’s unemployment rate declines to 10.6 percent in February 2018

People in front of Employment Agency, Turkey   It is reported that unemployment rate in Turkey fell to 10.6 percent in February 2018. Unemployment fell by 2 points compared to the same period of last year, but it regressed 0.2 points compared to the previous month. Based on data provided by TURKSTAT data the number of unemployed persons at age More...

by BTT | Published 1 month ago
Turkey’s Finance Minister draws attention to substantial increase in tax collection
By BTT On Tuesday, May 15th, 2018
0 Comments

Turkey’s Finance Minister draws attention to substantial increase in tax collection

Mr. NACI AGBAL, Turkey’s Finance Minister   Turkish economy has been having difficulties for quite a while and it goes without saying budget deficit issue is among the most vital problems for the country. More...

Turkey’s current account deficit exceeds expectations in March
By BTT On Monday, May 14th, 2018
0 Comments

Turkey’s current account deficit exceeds expectations in March 2018

Vessel carrying export goods from Turkey   On the way to deputy and presidential elections Turkey’s economy has been sending signals not to please the administration. To provide an example, the current account More...

Turkish bankers say banking sector expects a strong growth in 2018
By BTT On Sunday, May 13th, 2018
0 Comments

Turkish bankers say banking sector expects a strong growth in 2018

Ziraat Bank Branch – Turkey   Despite several major problems its economy has been coping with for a while Turkey’s bankers are hopeful about the performance of the sector in 2018. In fact some of them More...

Turkey’s ISBANK makes TL 1.8 billion net profit in first quarter 2018
By BTT On Saturday, May 12th, 2018
0 Comments

Turkey’s ISBANK makes TL 1.8 billion net profit in first quarter 2018

Isbank Branch, Turkey   Based on a statement issued by ISBANK, the leading bank of Turkey has increased the value of its assets to TL 370.9 billion in the first 3 months of the year as compared to same period More...

Turkey cannot stop rise in dollar despite increase in interest rates
By BTT On Tuesday, May 8th, 2018
0 Comments

Turkey cannot stop rise in dollar despite increase in interest rates

US Dollar Turkish Lira – BusinessTurkeyToday.com   The US dollar, which has been steadily rising for three weeks, continues to rise against emerging market currencies with strengthening signals from the More...

Financial markets in Turkey and the rise in US dollar Turkish Lira rate
By BTT On Saturday, May 5th, 2018
0 Comments

Financial markets in Turkey and the rise in US dollar Turkish Lira rate

Turkish lira keeps losing against US dollar – BusinessTurkeyToday.com   Looking at the data provided by official sources, Turkey’s financial markets did not have a very enjoyable performance last week. More...

Turkey and Russia invest USD 1 billion in joint investment fund for special projects
By BTT On Sunday, April 22nd, 2018
0 Comments

Turkey and Russia invest USD 1 billion in joint investment fund for special projects

Turkey Russia Investment Fund Agreement – BusinessTurkeyToday.com Judging on the mutual steps taken, it seems that Turkey and Russia are determined to develop the economic relations between two countries. More...

Economy Minister says Turkey’s exports have increased by 5 fold in last 15 years
By BTT On Sunday, April 22nd, 2018
0 Comments

Economy Minister says Turkey’s exports have increased by 5 fold in last 15 years

Nihat Zeybekçi, Economy Minister – BusinessTurkeyToday.com Nihat ZEYBEKCI, Turkey’s Economy Minister addressed the Ordinary General Assembly of the Foreign Economic Relations Board (DEIK) attended by President More...

Inflation in Turkey increases by 0.99 in March 2018 to exceed expectations
By BTT On Tuesday, April 3rd, 2018
0 Comments

Inflation in Turkey increases by 0.99 in March 2018 to exceed expectations

Open market in Turkey – BusinessTurkeyToday.com Turkey is not very pleased with inflation results which showed an increase of 0.99 percent in March, 2018. Based on data provided by Turkish Statistical Institute More...