Turkey adds 687 megawatts of installed wind capacity in 2019

Turkish state lenders announce support package

Turkey announces support for SMEs

Turkish union, automakers agree to protect workers’ rights

Manufacturing capacity use down 0.7 pct in March

Turkey removes tariffs on ethyl alcohol imports

Turkish Cargo ups capacity to carry anti-virus supplies

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.

Sectoral confidence down in March

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.

Treasury borrows $650 mln from domestic markets

Turkey's Treasury borrowed 4.2 billion Turkish liras (some $650 million) from domestic markets on March 24.

Türk Eximbank takes steps to back exporters amid virus

Türk Eximbank, Turkey’s major export incentive instrument, on March 24 introduced a support package for exporters to mitigate the impact of the coronavirus pandemic.

Turkey unveils grand tax deferral package

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.

Turkish Treasury borrows $727 mln from domestic markets

The Turkish Treasury borrowed 4.8 billion Turkish liras (nearly $727 million) from domestic markets on March 23, the Treasury and Finance Ministry announced.

Mobile app amps up local solidarity during coronavirus struggle

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.”

State lenders ease accessing finance, postpone loans

Turkish state lenders – Ziraat, VakıfBank, and Halkbank – announced packages for supporting economic activities in Turkey, following the recommendations of the Turkish Banking Association (TBB) to tackle the effects of COVID-19 pandemic.

Turkish Cargo to open route to Austrian industrial city

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.

Hundreds of ideas in basket of Coronathon Türkiye event

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.

Consumer confidence index improves in March

Consumers' confidence in the country's economy improved this month despite coronavirus fears, the Turkish Statistical Institute (TÜİK) said on March 23.

Stock market falls, zombie companies and coronavirus: Op-ed

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.