President of Turkey’s Central Bank says inflation expected to converge to targets

President of Turkey’s Central Bank says inflation expected to converge to targets

Turkey has received good news from Mr. Murat CETINKAYA, the Governor of Central Bank. The Governor has made a statement saying “With the contribution of coordinated measures taken, it is expected that inflation will gradually converge to the targets. We will continue to use monetary policy instruments effectively in line with price stability“. In More...

by BTT | Published 2 months ago
Turkey’s foreign trade deficit decreases by 94 percent in October 2018
By BTT On Friday, November 30th, 2018
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Turkey’s foreign trade deficit decreases by 94 percent in October 2018

It is reported that Turkey’s foreign trade deficit decreased by 94 percent in October 2018 due to an increase in exports by 13 percent and a decrease in imports by 23.8 percent. Based on data provided by the More...

Turkey’s automotive market will continue to shrink in 2019
By BTT On Thursday, November 29th, 2018
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Turkey’s automotive market will continue to shrink in 2019

There is no doubt that the automotive industry is one of the locomotive sectors of Turkish economy. In fact this sector has also taken its place among the leading group in Europe with a giant production capacity. More...

By BTT On Wednesday, November 28th, 2018
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EU Commissioner says Turkey very close to completion criteria for visa-free travel

Dimitris Avramopoulos, EU Commissioner for Migration, Home Affairs and Citizenship has made a statement saying parties are very close to completing the 72 criteria to be fulfilled for Turkey to be granted visa-free More...

Minister says Turkey to connect Asia to Europe thanks to mega projects
By BTT On Wednesday, November 28th, 2018
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Minister says Turkey to connect Asia to Europe thanks to mega projects

Turkey’s Transportation Minister Cahit TURHAN addressed the International Conference of Transport Ministers of states in Turkmenistan’s Turkmenbashi region, on Wednesday 28th November 2018. The Minister said More...

Turkey turns focus on Asia Pacific region as new center for global production & trade
By BTT On Sunday, November 25th, 2018
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Turkey turns focus on Asia Pacific region as new center for global production & trade

Turkey which has recovered from a tough period in economy has updated its strategies with new goals to match the rapid developments in a global scale. Within this scope the administration has upgraded its focus More...

Energy and Natural Resources Minister says Turkey determined to find oil and natural gas
By BTT On Saturday, November 24th, 2018
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Energy and Natural Resources Minister says Turkey determined to find oil and natural gas

It is reported Turkey will have its second drill ship in December this year, to conduct research for oil and natural gas in its waters. Mr. Fatih DÖNMEZ, the Energy and Natural Resources Minister gave the good More...

Businessmen in Saudi Arabia start boycott campaign against Turkish goods
By BTT On Wednesday, November 21st, 2018
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Businessmen in Saudi Arabia start boycott campaign against Turkish goods

It is unfortunately a fact that the Arabs in general have never been friendly to Turkey in a sincere manner and they have hit this country from behind on every opportunity throughout history. There is no doubt More...

Turkey determined to achieve a trade volume of US$ 100 billion with Russian Federation
By BTT On Monday, November 19th, 2018
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Turkey determined to achieve a trade volume of US$ 100 billion with Russian Federation

Turkish-Russian relations are going through a very strong period that has never been experienced in history of two countries. Indeed, the more so after the cooperation between Putin and Erdogan have proved to generate More...

By BTT On Saturday, November 17th, 2018
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TUSAS (TAI) of Turkey to start exporting its unmanned aerial vehicles soon

TAI (Turkish Aerospace Industries) of Turkey has qualified for the last 2 contestants in UAV tender held by the Indonesian Ministry of Defense. It is reported that TAI seems to be very close to win the tender to More...