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Yıldız Holding chairman remains Turkey’s wealthiest person

Yıldız Holding chairman remains...

29 Şubat 2016, 17:38 0 Yorum

Istanbul, Feb 29 () - Yıldız Holding Chairman Murat Ülker was again named Turkey’s wealthiest person in 2016 with a fortune of $2.9 billion, Forbes magazine revealed on Feb. 29. Yıldız Holding, which is Turkey’s largest food maker, has grown...

Drop in export even higher than imports in Jan.

Drop in export even higher than...

29 Şubat 2016, 15:05 0 Yorum

Istanbul, Feb 29 () – In Jan., the continous drop in exports set the decrease in imports back, as overall foreign trade decreased by 20.7 percent to 22.96 billion dollars, from 28.95 billion dollars for in the same month of last year. According to...

Economic confidence index dips to its lowest level

Economic confidence index dips...

29 Şubat 2016, 12:25 0 Yorum

Istanbul, Feb 29 () - Economic confidence index saw its record-low level in Feb. The index fell by 14.8 percent compared to previous month decreasing from 83.88 to 71.46, and dipped the lowest level since Jan. 2012 when Turkstat began to release the index. Economic...

Top bosses ‘failing to understand’ Central Bank’s inflation policies

Top bosses ‘failing to understand’...

25 Şubat 2016, 17:42 0 Yorum

Istanbul, Feb 25 () - The head of Turkey’s top business organization has said the continuing rising trend in the inflation rate was not good for the country, while business representatives were “failing to understand” the Central Bank’s...

Central Bank keeps short term interest rates unchanged

Central Bank keeps short term...

23 Şubat 2016, 14:24 0 Yorum

Istanbul, Feb 23 () - Central Bank of Turkey's Monetary Policy Committee (MPC) has decided to keep the policy rate unchanged at 7.50 percent, as the analysits and economists at the banks and brokerage houses expected. The Committee also kept other short...

HSBC to retain business in Turkey despite downsizing rumors

HSBC to retain business in Turkey...

22 Şubat 2016, 11:22 0 Yorum

Istanbul, Feb 22 () -  Europe’s leading bank HSBC, based in the U.K., announced its decision to continue operations in Turkey. The HSBC officials have said in June 2015 that the bank could halt operations in Brazil and Turkey due to global downsizing...

Consumer confidence index drops third time in a row

Consumer confidence index drops...

19 Şubat 2016, 12:42 0 Yorum

Istanbul, Feb 19 () - The consumer confidence index that is calculated from the results of the consumer tendency survey has been dropping by high rates for the third time in a row. According to a survey carried out in cooperation with the Turkish Statistical...

Iraqis top list of property-buying foreigners in Istanbul, Russians in Antalya

Iraqis top list of property-buying...

16 Şubat 2016, 11:11 0 Yorum

Ankara, Feb 16 () - Iraqis bought more properties in Istanbul last year than any other foreign buyers, while the biggest foreign buyers of property in southern Antalya province were Russians, according to Turkish Environment and Urban Affairs Minister...

Deputy PM says reforms needed for unemployment to drop from double-digit rates

Deputy PM says reforms needed...

15 Şubat 2016, 17:25 0 Yorum

Ankara, Feb 15 () - Turkey’s labor market needs reforms to become more flexible and bring the unemployment rate below 10 percent, Turkish Deputy Prime Minister Mehmet Şimşek said on Feb. 15. Speaking after the Turkish Statistics Institute (TÜİK)...

"Record rise in unemployment rate prevented"

"Record rise in unemployment...

15 Şubat 2016, 17:24 0 Yorum

Istanbul, Feb 15 () - The losses in agricultural and industrial employment in Turkey had impact on the constant stance of overall unemployment sticking to double digit with 10.5 percent, while the increase in construction and service sector’s employment...