President Erdogan: Inflation will not fall with this mentality

President Erdogan: Inflation will not fall with this mentality

Turkey’s President Erdogan on plane – BusinessTurkeyToday.com President Erdogan said, “Inflation has not gone down from double-digit figures to single digit figures. It won’t do so either, long as this mentality prevails”. Erdogan commented that interest rates should come down for the inflation to fall and that the Central More...

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By Editor On Friday, February 9th, 2018
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Istanbul Stock Market BIST 100 index provided highest revenues in January 2018

It is really interesting to observe that despite a regional conflict and military operation Turkey is currently involved in, the economy environment in the country does not seem to be very much disturbed. Accordingly More...

Chief advisor to Turkey’s President says sales of state owned Turk Telekom was a mistake
By Editor On Friday, February 9th, 2018
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Chief advisor to Turkey’s President says sales of state owned Turk Telekom was a mistake

CEMİL ERTEM, Chief Advisor to President – BusinessTurkeyToday.com Cemil ERTEM, one of key advisors to Turkey’s President used following expression in a statement he made in an interview on a TV channel: More...

Airbus to make purchases worth USD 7 billion from Turkey over next 12 years
By Editor On Monday, January 29th, 2018
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Airbus to make purchases worth USD 7 billion from Turkey over next 12 years

Airbus cooperation with industry in Turkey – BusinessTurkeyToday.com An agreement was signed between Airbus and the Undersecretary of Defense Industry for purchase of products from its suppliers in Turkey More...

Al Sraiya Group from Qatar buys 42.7 percent of Turkish ice-cream company Mado
By Editor On Monday, January 29th, 2018
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Al Sraiya Group from Qatar buys 42.7 percent of Turkish ice-cream company Mado

Mado, Ice-Cream Company (Turkey) – BusinessTurkeyToday.com Another company from Qatar from which Turkey has received a substantial amount of FDI in recent years, has invested a considerable amount of money More...

Turkish Exporters Assembly forecasts exports to climb to USD 12 billion in January 2018
By Editor On Monday, January 29th, 2018
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Turkish Exporters Assembly forecasts exports to climb to USD 12 billion in January 2018

Turkish exports to increase in January 2018 – BusinessTurkeyToday.com It is reported that the total export figure of Turkey for January 2018 will reach USD 12 billion.  The target is set as an increase of More...

Turkey’s defense industry exports grow by 3.7 percent in 2017
By Editor On Sunday, January 28th, 2018
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Turkey’s defense industry exports grow by 3.7 percent in 2017

Turkish Defense Industry TAI – BusinessTurkeyToday.com Defense industry exports of Turkey grew by3.7 percent in 2017 to reach $ 1.7 billion with TAI winning the champion title. According to data provided by More...

By Editor On Sunday, January 28th, 2018
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Turkey offers better quality accommodation facilities than Spain, Greece and Italy

TÜRSAB Overseas Representative Baran is, “in Spain, in Greece, there is a hotel in the quality of facilities in Turkey in Italy. What a large garden, what the kitchen, what children animation, what the pool, More...

Number of Russian tourists in 2017 reaches highest level in tourism history of Turkey
By Editor On Sunday, January 28th, 2018
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Number of Russian tourists in 2017 reaches highest level in tourism history of Turkey

Russian tourists in Antalya – BusinessTurkeyToday.com It is reported by officials that number of Russian tourists Turkey hosted in 2017 reached 4.7 million breaking a record in the history of the country with More...

Foreigners bought USD 114 million in securities in week ending January 19th
By Editor On Saturday, January 27th, 2018
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Foreigners bought USD 114 million in securities in week ending January 19th

While US dollar keeps fluctuating recently, the stock market seems to have started the new year quite strong. This is despite the political tension in the south of Turkey during a time when Turkish troops are conducting More...

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