Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish Central Bank will maintain its current tight stance in monetary policy in order to balance risks on inflation, Central Bank Gov. Murat Çetinkaya said on April 24, after consumer price growth soared to an 8.5-year high in March.
The Borsa Istanbul (BIST) 100 index, the benchmark index of Turkey’s main stock exchange, hit a new record high on April 24 by surpassing its previous record at 93,398 points, which was set back four years ago.
Turkey’s TAV Airports has announced that it has included the Qassim and Hail airports in Saudi Arabia to its portfolio, which also includes airports in Madinah and Yanbu.
A total of 128,923 properties were sold across Turkey in March, marking a 10 percent year-on-year increase due to cheaper loans and tax incentives.
Turkish carrier BoraJet Airlines has announced the temporary suspension of operations for a restructuring process to prepare itself for Istanbul’s new airport, the firm said in a statement April 24.
Some 7.2 million children in Turkey lived in households suffering from severe material deprivation in 2015, a fresh report has revealed.
The pace of growth and development in the Turkish economy and its foreign trade implications over the last decade, coupled with the deepening interconnectedness of markets across the globe and the interdependence of national economies
The Turkish unemployment rate of 13 percent registered in the December-February period will be a peak and will fall to around 9.5 percent by the end of 2017 and below 8 percent in 2018, Labor Minister Mehmet Müezzinoğlu has claimed.
Turkey started its seismic energy exploration in eastern Mediterranean on April 21 in line with the government’s “National Energy and Mining Policy,” state-run Anadolu Agency has reported.
Turkey’s tourism sector has kept losing its share in Germany, with German tourists opting to visit other countries such as Spain and Greece rather than Turkey, amid security concerns and recent tensions in bilateral ties, said a leading sector association on April 21.