The Turkish Central Bank will ban the use of crypto assets in payments as they entail significant risks for the parties to the transactions.
Carmaker Ford Otosan will temporarily halt production at one of its plants in Turkey’s northwestern Kocaeli province due to disruptions in global supply processes.
Starting on April 15, Turkish flag carrier Turkish Airlines has suspended flights service to Russia until June 1, mirroring a decision by Moscow.
Turkey has been ranked as the fifth-biggest wind power investor in Europe in 2020 with €1.6 billion, according to WindEurope’s report on April 13.
With preparation ongoing to commission the first reactor for the Akkuyu Nuclear Power Plant (NPP) in southern Mersin province in 2023, Turkish engineers, who received their training in Russia for more than six years, have started to work at the power plant.
Automotive production in Turkey, including light commercial vehicles, tractors, and automobiles, totaled 211,877 million units in the first quarter of 2021, a sectoral report revealed on April 12.
Unemployment in Turkey was 13.4 percent in February, up 0.7 percentage points from the previous month, according to data from the Turkish Statistical Institute (TÜİK) released on April 12.
Turkey's current account balance posted a $2.6 billion gap in February, increasing by $1.23 billion from the same month last year, the Turkish Central Bank announced on April 12.
An Azur Air passenger plane from Russia with 212 tourists on board arrived in the Milas-Bodrum Airport in the southwestern province of Muğla on April 11, marking the first direct international flight to the city’s one of the two airports which is close to tourism hotspot Bodrum.
Turkey’s vacationing hotspot Bodrum is set to host foreign tourists as the town's mayor expects three times more international arrivals than in 2020, despite the coronavirus pandemic.
Turkey’s government-backed housing agency, TOKİ, will build hundreds of houses in Ukraine for Crimean Tatars, the Turkish environment and urbanization minister said on April 10.
Shining out as a new investment option, Turkish startups received $525 million in the first quarter of this year, according to a digital startup ecosystem on April 9.
The government is widening the scope of financial support for people working in Turkey’s large eatery industry that is among the sectors suffered most from the COVID-19-related restrictions.
Pinterest agreed to a requirement to appoint a local representative in Turkey as part of a new social media law that took effect in October 2020, according to a top Turkish official.
The trade volume of Turkey's day-ahead spot electricity market increased by 53.3 percent in March compared to the same month of 2020, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).
Russian tourists will head to diverse holiday destinations in Turkey this year, said the head of a hotel association on April 8.
ECONOMY
