Pioneering Ventures, a Swiss-Indian food and technology platform company, is entering the Turkish market with its subsidiary DistriCo Anatolia.
The Turkish automotive supply industry has introduced several overtime working schemes to continue production amid the coronavirus pandemic, according an executive of the Automotive Suppliers Association of Turkey (TAYSAD).
Turkey welcomed some 11.2 million foreign visitors during the first 10 months of 2020, the country’s Culture and Tourism Ministry said on Nov. 23.
Leaders of the world’s most powerful nations wrapped up the Group of 20 summit on Nov. 22, vowing to spare no effort to protect lives and ensure affordable access to COVID-19 vaccines for all people.
Turkey's Central Bank has raised the interest rate for gold/foreign currency swap transactions to 15% following Nov. 19's policy meeting.
A total of 10,260 new companies were set up in Turkey in October, up 22.84% on a yearly basis, the country's top trade body said on Nov. 20.
Consumer confidence in the Turkish economy posted a decline in November, the country's statistical authority announced on Nov. 20.
A top business body in Turkey praised the country's Central Bank on Nov. 19 for its decision to raise interest rates, saying it was an important sign showing the country is entering a new era.
The global economy faces a hard road back from the COVID-19 downturn, and nations should remove trade barriers on medical technologies to aid the recovery, the IMF chief said on Nov. 19.
The Turkish lira rallied against other exchange rates as Turkish stocks gained ground on Nov. 19 following an interest rate hike by the country’s Central Bank.
Turkey's health expenditure posted a year-on-year rise of 21.7% to reach 201.3 billion Turkish liras ($35.44 billion) in 2019, the country's statistical office announced on Nov. 19.
Iraq’s trade minister and Turkish ambassador to Baghdad discussed ways to increase the trade volume between the two countries.
Istanbul’s new mega airport has been chosen the best in “digital transformation” category among its peers in Europe.
Turkey's external assets amounted to $225 billion as of Sept. 31, down 11.2% from the end of last year, the Turkish Central Bank announced on Nov. 18.
The European Bank for Reconstruction and Development (EBRD) said on Nov. 17 it is developing new financing tools to support Turkey's businesses in eliminating economic fallout from to coronavirus outbreak.
Ismail Gülle, the head of the Turkish Exporters' Assembly (TIM), said on Nov. 17 they have started a new campaign in line with reforms announced by President Recep Tayyip Erdoğan.
ECONOMY
