Economy News Archives | Page 24 of 169

Special Consumption Tax for Vehicles with engine sizes up to 1600 cc increased to80 percent. What Does the New SCT Bring?

A recent legislative proposal to fix the Special Consumption Tax (SCT or ÖTV in Turkish) rate at 80% for vehicles

Turkey’s Ministry of Trade has issued a strong response to unreasonable price hikes in online real estate listings. Twenty-one property

Tensions are easing in the Middle East, a ceasefire is in place, and oil prices have dropped sharply. With these

Geopolitical Shock Sends Dollar Above 39.70: The Turkish lira took another hit this morning as the dollar rose above 39.70,

As global tensions rise with the Israel-Iran conflict, oil prices are climbing fast—and so are fuel prices at the pump.

The recent spike in geopolitical tensions between Israel and Iran has sent shockwaves through the global oil market—and Turkish consumers

A Turkish billionaire has made headlines by purchasing a luxury home in Dubai for an astonishing $130 million—reportedly the most

The Turkish housing market saw another jump in prices this May, outpacing inflation for the month. According to the latest

Fuel prices in Turkey are once again on the rise. Shifts in global oil markets, fluctuations in the exchange rate,

Fuel prices in Turkey continue to shift due to changes in global oil markets and local economic policies. Whether you

As of March 2025, deposit interest rates in Turkey have attracted significant attention from savers looking for the best returns