Quantcast
Channel: economy – Good Morning Turkey
Browsing all 59 articles
Browse latest View live

Early election in Turkey would prolong economic risk: Finance minister

Turkish economic growth would take a hit if talks to form a coalition government fail and a new election is called, Finance Minister Mehmet Şimşek said on July 15, warning that the uncertainty risked...

View Article



Turkish house sales rise by 19.1 percent in June

The house sales in Turkey have increased by 19.1 percent to 110,657 units in June 2015, in comparison with last year’s rates, according to data released by the Turkish Statistics Institute (TÜİK) on...

View Article

AKP, CHP agree on the need for structural economic reforms

The Justice and Development Party (AKP) and the Republican People’s Party (CHP) have agreed on the need for structural economic reforms during lengthy exploratory coalition talks, which are expected to...

View Article

End of peace process equals disastrous effects on Turkey’s economy, political...

The end of peace process will have disastrous effects on Turkey’s political system and economy, said world renowned economist Daron Acemoğlu, in an interview with the Anadolu Agency. “The peace process...

View Article

Investment guru says Turkey’s economy not ‘fragile’

Mark Mobius, the executive chairman of the Templeton Emerging Markets Group, has said Turkey’s economy was not “fragile” in an interview with Anadolu Agency, adding there were great opportunities in...

View Article


PM says there is ‘nothing to worry about’ in Turkish economy

Turkish Prime Minister Ahmet Davutoğlu said the rise in the U.S. dollar’s value is reflexive, and not a signal of any structural or permanent economic crisis in Turkey, during a meeting with a group of...

View Article

Gas storage facility in Turkey to come online by 2019

The gas storage facility under Lake Tuz in Central Anatolia will become fully operational by 2019, according to sources from the Energy Ministry. Some 65 percent of the construction activities have...

View Article

Turkey’s economic confidence index decreases amid uncertainties

Turkey’s economic confidence index fell 1.9 percent month-on-month to 84.28 in August from a revised 85.87 in July, data from the Turkish Statistics Institute (TÜİK) showed on Aug. 28. This decrease in...

View Article


Turkey’s exports drops 4.9 percent in August

Turkey’s exports decreased by 4.9 percent to $10.48 billion in August year-on-year largely due to fluctuations in parity and geopolitical risks, the Exporters’ Assembly of Turkey (TİM) announced on...

View Article


Minimum wage setting increasingly driven by politics as opposed to sound...

Politically driven minimum wage setting around the world is endangering the health of economies and societies, according to a report released on Sept. 2 by the JustJobs Network, a global jobs think...

View Article

Mercedes-Benz comfortable in Turkey: Executive

Mercedes-Benz Türk is closely following fluctuations in the Turkish Lira, but these fluctuations have not affected the company’s investment plans in the country, a senior executive said at an event to...

View Article

New Turkish economy tsar sees below-target growth but uncertainty clearing

Turkey’s new deputy prime minister in charge of the economy said on Sept. 8 that growth and inflation would miss government targets this year but the political uncertainty which has hammered the lira...

View Article

Turkish finance minister says political uncertainty biggest risk to economy

Political instability poses the biggest risk to Turkey’s economy, Finance Minister Mehmet Şimşek said on Sept. 9, citing potential damage to public finances and further pressure on budget and current...

View Article


Turkish economy to grow 3 percent this year: Deputy PM

The Turkish economy is expected to grow only 3 percent this year, a reduction from the government’s target of 4 percent growth, Deputy Prime Minister Cevdet Yılmaz told Anadolu Agency on Sept. 11. The...

View Article

Turkey’s economic gains, civilian life at stake amid uncertainties: Top bosses

Turkey’s top business organization has warned about the risks that political uncertainties, market fluctuations and security risks pose to Turkey’s economic gains, urging politicians to refocus on...

View Article


Iran’s economy stagnates as shoppers wait for foreign brands

Two months after Iran reached a nuclear deal that will open its markets to the world, officials are warning of economic stagnation as consumers hold off on purchases of domestic goods while they wait...

View Article

Turkish tourism ministry announces new support package to overcome losses

Turkish Culture and Tourism Ministry has revealed a new support program to overcome sector losses mainly due to economic problems in Russia and neighboring countries. The ministry will offer financial...

View Article


Turkey: Foreign investment hit $3.39 billion in July

Foreign direct investment (FDI) in Turkey reached $3.39 billion in July, according to a report from the Ministry of Economy on Sept. 30. From January to July, FDI inflows were $9.71 billion, said the...

View Article

Political ambitions put Turkey’s future at risk: Top boss

High political ambitions should not put Turkey’s future into danger and businesspeople who enable the country to progress should no longer be hindered, according to the head of Turkey’s top business...

View Article

Assembling increases in Turkey’s industry, lowering internally generated...

When machinery and equipment, intermediate goods, raw material, anything that a business requires for its production (i.e. its supply chain) are owned and produced by the same company, it is called 100...

View Article
Browsing all 59 articles
Browse latest View live