FKB Economic Outlook Survey: December Inflation Expectation at 3.63%

The Financial Institutions Association (FKB), which operates to grow the Turkish economy with its non-banking financial sector players, has published the December...

The Number of Retailers Facing Critical Financial Struggles in the UK Is Rising

Due to rising costs and declining consumer confidence, the number of British retailers facing critical financial difficulties in the fourth quarter has increased....

Insurance Companies' Premium Production Increased by 72.6% in the First 11 Months

In the January-November period of 2024, the total premium production of insurance companies increased by 72.6% compared to the same period last year. According to...

MARKET OUTLOOK: The Euro's Recovery Against the Dollar May Take Some Time

Forex - Societe Generale currency market strategist Kit Juckes stated that the euro's recovery against the dollar may take some time due to negative short-term in...

Environmental Assessment Process Begins for Ahes GYO's Tourism Accommodation Facility Project

The Environmental Impact Assessment (EIA) process has commenced for the Tourism Accommodation Facility project planned by Ahes Real Estate Investment Trust.

In ...

Kacır: The Acquisition of Piaggio Aerospace by Baykar is a Testament to Our Achievements on the Global Stage

The Minister of Industry and Technology, Fatih Kacır, referred to the acquisition of Piaggio Aerospace by Baykar as an indication of the level of success achieved...

Confidence Index in the Service Sector Rose by 2.4% in December

In December, the confidence index increased by 2.4% in the services sector, 1.2% in the retail trade sector, and 1.9% in the construction sector.

According to a ...

"ENUYGUN/Özkan: We Anticipate Surpassing the 60 Million Visitor Target in Turkey"

Foreks - ENUYGUN announced travel data for 2024. Turkey's leading travel site Enuygun.com shared the travel data for 2024. According to ENUYGUN data, the most pur...

Capacity Utilization Rate Remained Steady in December

In December, the seasonally adjusted Capacity Utilization Rate (CUR-SA) in the manufacturing industry remained unchanged at 75.6%. The Central Bank of the Republi...

MARKET OVERVIEW - The reference price in the spot natural gas market is set at 12,473.94 TL

In the Forex - Spot natural gas market, the reference price for one thousand cubic meters of natural gas yesterday was 12,473.94 TL. The previous day, the natural...

Real Sector Confidence Index Declines

In December, the seasonally adjusted Real Sector Confidence Index (RKGE-MA) decreased by 0.7 points compared to the previous month, reaching a level of 102.7. Acc...

MARKET OUTLOOK - Spot Electricity Price Reaches 2,326.98 TL/MWh

Forex - The arithmetic average of electricity consumption prices in the Day-Ahead Market (DAM) operating under the Energy Markets Operation Company (EPİAŞ) for De...

Average Gross Earnings Per Capita Reached 26,402 TL Monthly in 2023

In November 2023, the gross minimum wage was set at 13,414.5 TL. According to earnings statistics, the monthly average gross salary per person amounted to 23,789 ...

Free Internet Era Begins at Train Stations

The Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, announced that they will provide free internet services at train stations. He stated that the a...

MARKET OVERVIEW - The Stock Exchange Begins the Day with a Rise Exceeding Expectations

Forex - The BIST 100 index started the day with an increase of 173.64 points at 9,846.39. According to the Forex News survey, it was expected that the BIST 100 in...

Forex News: BIST100 Closing Forecast Survey Results Are In

In a survey conducted by analysts, the median forecast for the closing difference of the BIST100 index was 22.42 points, while the average forecast was 22.68 poin...

Which Professions Are the Most Lucrative in Turkey? TÜİK Reveals

The Turkish Statistical Institute (TÜİK) has released the 2023 Earnings Structure Statistics report. According to the report, the gross minimum wage for November ...

Italian Authorities Approve Baykar's Acquisition of Piaggio Aerospace

Italian authorities have approved Turkey's Baykar Makina Sanayi ve Ticaret Anonim Şirketi's acquisition of the aerospace and defense company Piaggio Aerospace. Ac...

Strong Demand for Tekfen Holding's Financing Bond Issue

Tekfen Holding (TKFEN) is shifting towards sustainability-focused investments as part of its strategic transformation and change process. Initially planning to is...

Alves Cable Signs Three Contracts Worth a Total of 829.6 Million TL

Alves Kablo signed three contracts totaling 829.6 million TL. According to the announcements made by the company, a Sales Agreement for Copper Conductors and Infr...

Turkish Cement Industry Aims for Growth Strategy in the Syrian Market

Abdulhamit Akçay, Vice Chairman of the Turkish Cement Producers Association, stated in an interview with S&P Global Commodity Insights that Turkish cement produce...