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Venezuela barters gold for pasta, powdered milk in trade with Turkey: report

Venezuela sells most of its gold to Turkish refineries, then uses some of the proceeds to buy consumer goods such as pasta and powdered...
Business

Turkey kicks off municipality-sponsored sale of produce to fight inflation

Several reports on Monday indicated that the Turkish government has put into practice the sale of fruits and vegetables by municipalities in İstanbul and...
Business

Malta to recruit hundreds of Turkish construction workers: report

Maltese authorities will employ hundreds of Turkish construction workers for major construction projects across the island, the Ahval news website reported on Sunday, citing...
Business

Turkish company helped Venezuela’s Maduro move $900 million in gold: report

By November, when President Donald Trump signed an executive order authorizing sanctions on Venezuelan gold -- after sending an envoy to warn Ankara off...
Business

Turkish municipalities to start selling produce to curb high inflation: minister

Municipalities in metropolitan cities will start selling fruits and vegetables to curb rising inflation in food prices, Turkish Treasury and Finance Minister Berat Albayrak...
Business

Ministry investigating above-normal produce prices in Turkish markets

Turkey’s Ministry of Customs and Trade issued a statement on Wednesday saying they have increased audits to detect and investigate higher than normal produce...
Business

Russia waives visa requirements for Turkish service passport holders, truck drivers

Russia’s president signed a decree on Wednesday to lift visa requirements for Turkish service passport holders and truck drivers travelling to Russia, the state-run...
Business

Erdoğan says Treasury to take over Turkey’s largest lender, İşbank

Turkish President Recep Tayyip Erdoğan on Tuesday announced that the nation’s largest listed bank, Türkiye İş Bankası (İşbank), would be transferred to the Treasury. The...
Business

155 workers in Turkey died in occupational accidents in January: report

A hundred and fifty-five workers died in workplace accidents in January according to a report published by the Laborers Health and Occupational Safety Assembly...
Business

Turkey’s annual inflation stood at 20.35 percent in January

Turkey’s annual inflation went up by 0.05 percent and stood at 20.35 percent in January, the Turkish Statistics Institute (TurkStat) said on Monday. According to...
Business

Turkish government denies opposition claim of agreement with IMF

The Ministry of Finance and Treasury on Friday denied in a statement a claim made by the main opposition Republican People’s Party (CHP) that...
Business

Tourism numbers surge in Turkey in 2018: ministry

Nearly 40 million foreign tourists visited Turkey in 2018, an increase of more than 21 percent over the previous year, according to Tourism Ministry...
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