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Turkey’s central bank trims 2019 inflation forecast from 15.2 pct to 14.6 pct

Turkey’s central bank cut its 2019 inflation forecast to 14.6 percent from a previous 15.2 percent, bank governor Murat Çetinkaya said on Wednesday, Reuters...
Business

Pamukkale, one of Turkey’s oldest bus companies, goes bankrupt

Pamukkale Turizm, a 56-year-old Turkish coach company, has been declared bankrupt by a court, the Diken news website reported on Thursday. In October Pamukkale had...
Business

Capital outflow from Turkey increases by one-third in 2018: report

As the Turkish government puts in place a series of policies and incentives aimed at boosting foreign direct investment (FDI), considered a way out...
Business

IMF slightly cuts growth forecast for Turkish economy: report

The International Monetary Fund (IMF) slightly cut economic growth expectations for Turkey in the next two years in a newly released report, the T24...
Business

Erdoğan calls on companies to lower prices to help consumers in difficult times

Turkish President Recep Tayyip Erdoğan on Monday called on companies to lower their prices and cut profits if necessary to help consumers through a...
Business

Turkish automotive market contracts 35 percent in 2018

Turkey’s automotive market contracted by 35 percent in 2018 over the previous year, according to data released by the Automotive Industry Association (OSD), which...
Business

Turkey’s economic growth in 2018 will exceed expectations: Erdoğan

Once the figures are announced, Turkey's economic growth in 2018 is likely to exceed the forecasts, President Recep Tayyip Erdoğan said on Friday, the...
Business

Google announces ‘dollar’ ranked first among words searched by Turks in 2018

Popular search engine Google announced its annual national and global search statistics in which Turkey’s most searched word has been “dollar,” the Habertürk newspaper...
National

Turkey’s presidency, Religious Affairs Directorate see big rise in 2019 budgets

There will an increase of 233 percent in the budget of the Turkish presidency and a 33 percent rise in that of the Religious...
Business

Reuters poll expects 2.8 percent growth for Turkish economy at yearend

Turkey’s economic growth is expected to fall to 2.0 percent in the third quarter of the year and hit 2.8 percent for all of...
Business

Turkey attracts more than 35 million tourists in first 10 months of 2018

More than 35 million tourists visited Turkey in the first 10 months of 2018, a 22.4 percent increase over the previous year, the Culture...
Business

Turkish CEOs say they are pessimistic about future due to economic uncertainty

Chief executive officers of leading holdings in Turkey have expressed pessimism about the future of their companies due to uncertainty over the Turkish economy,...
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