Turkish Cargo, a division of Turkey’s national flag carrier Turkish Airlines, has boosted its capacity to prevent any supply chain disruption so it can carry critically important medical freight amid the coronavirus pandemic.
Confidence in Turkey’s services and retail trade sectors weakened while the construction sector improved in March compared to last month, the country's statistical institute said on March 25.
Turkey's Treasury borrowed 4.2 billion Turkish liras (some $650 million) from domestic markets on March 24.
Turkey has announced some 1.9 million taxpayers will be benefiting from force majeure provisions due to COVID-19 outbreak, the treasury and finance minister said on March 24.
The Turkish Treasury borrowed 4.8 billion Turkish liras (nearly $727 million) from domestic markets on March 23, the Treasury and Finance Ministry announced.
As the coronavirus outbreak lays waste to cities the world over, a mobile application developed by two Turkish entrepreneurs has been helping people around the globe meet their local needs by promoting “neighborhood culture.”
The Istanbul-based Turkish Cargo, a division of national flag-carrier Turkish Airlines (THY), will launch direct freighter flights to the Austrian industrial city of Linz, the company announced on March 23.
Coronathon Türkiye, an online event to harness ideas to counter the adverse effects of the coronavirus pandemic, has brought in some 1,500 people working on innovative projects in the first day, its organizers have said.
Consumers' confidence in the country's economy improved this month despite coronavirus fears, the Turkish Statistical Institute (TÜİK) said on March 23.
The stock market corrections that brought about the coronavirus scare have come as a surprise for many investors. While there are valid reasons for these sharp decreases of 25-30 percent in the last two weeks (such as economic slow-down, expected consumption decrease in 2020), we would be making an incomplete analysis if we do not see the overall financial context and fragility that underlie these crises.