Turkey’s textile industry foresees weaker demand in the domestic market as rising costs will push prices higher, but hopes to boost exports this year.
Carmaker Anadolu Isuzu, a joint venture between Turkish conglomerate Anadolu Holding, Isuzu Motors and Itochu Corporation, will halt production for a total of 26 days between Jan. 14 and April 13 due to weak demand in the domestic market.
The Turkish Energy and Natural Resources Ministry is sending 32 students to Russia and China in a bid to provide human resources for planned nuclear power plants in Turkey.
Turkey's calendar-adjusted industrial production dropped 6.5 percent in November 2018 compared to the same month the previous year, the Turkish Statistical Institute (TÜİK) announced on Jan. 14.
China’s 2018 iron ore imports fell by 1 percent from the previous year, the first annual decline since 2010, according to data from the General Administration of Customs on Jan. 14.
Turkey’s national flag carrier carried 75.2 million passengers last year, the company has announced.
The workers of a commuter rail system connecting the western province of İzmir’s suburban area to its metropolitan area, İZBAN, have ended their strike after one month.
Some 13 Turkish lenders have launched a 20 billion Turkish Lira ($3.7-billion) finance package for small and medium-sized enterprises (SME), the treasury and finance minister has announced.
The Turkish Treasury has borrowed $2 billion through a U.S. dollar-denominated bond issue due April 2029.