Turkish government will provide incentives for project based high added-value investments
In accordance with a newly issued cabinet decree, the government will provide incentives to project-based and high-added-value investments such as
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Finance & Economy
business-turkey-finance
ISPAT of Turkey leads executives of US companies to remove perception gaps
Arda ERMUT, President of Investment Support & Promotion Agency of Turkey led a delegation of top executives of US companies
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World Bank says Turkey may see slower GDP growth in second half of 2016
A statement made by World Bank suggests that due to slowing down of private investment and consumption recently, high frequency
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Turkish PM “We will see fluctuations in economy until Donald Trump takes office”
In an interview with state broadcaster TRT Haber late on Nov. 24th Turkish PM Yıldırım said global markets would continue
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Turkey’s Central Bank raises benchmark interest rates by 50 basis points
Turkey’s Central Bank raised its benchmark interest rate by 50 basis points on Nov. 24 in an unexpected move, ordering
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Banking watchdog says Bank of China set to start Turkey operations in 2016
The Bank of China will likely start operations in Turkey by the end of 2016, the head of Turkey’s banking
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Unemployment in Turkey rises to 11.3 percent in August, year on year
Turkey’s unemployment rate rose to 11.3 percent in August year-on-year, an increase of 1.2 percentage points, the Turkish Statistical Institute
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S&P revises the Turkish economy’s outlook to “stable” from negative
Standard and Poor’s upgrades Turkey’s outlook to ‘stable’ from ‘negative’, rates BB. Standard and Poor’s upgraded Turkey’s outlook to ‘stable’
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Turkey suffers 33 percent decline in tourism revenues in third quarter 2016
Turkey’s tourism revenue decreased by 32.7 percent to $8.3 billion in the third quarter of 2016 compared to the same
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US dollar hits 3,1270 against Turkish Lira breaking new record
As Turkey is trying to cope with several political issues both at home and in the Middle East a major
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Bad news from Moody’s: Turkey’s credit rating downgraded from from Baa3 to Ba1
Turkish administration was certainly not happy when international ratings company Moody’s cut Turkey’s long-term issuer and senior unsecured bond ratings
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