28 Jun, 2024

Ministry of Trade fines real estate sector 88.9 million lira

Since October 2023, the fines imposed by the Ministry of Trade on those who have exorbitantly increased the advertisement prices in the real estate sector have reached a total of 88,900,000 TL. The Ministry of Trade continues its activities within the scope of the Regulation on Real Estate Trade in order to establish a fair, […]

27 Jun, 2024

Non-residents’ purchases of government securities continued for the 13th consecutive week for the first time in history

Central Bank of the Republic of Turkey (CBRT) published Weekly Securities Statistics. Accordingly, non-residents acquired a net 34.5 billion securities in the week of June 21.

27 Jun, 2024

TOFAS to suspend production

TOFAŞ will suspend production between July 16 and August 20.

27 Jun, 2024

Harvesting has started for the world-famous Taşköprü garlic

In Taşköprü district of Kastamonu, the harvest of Taşköprü garlic registered by the European Union has started.

27 Jun, 2024

Central Bank announces interest rate decision

The interest rate decision of the Central Bank of the Republic of Turkey for June was announced.

27 Jun, 2024

Central Bank kept interest rates unchanged

The Central Bank kept the policy rate unchanged at 50 percent.

27 Jun, 2024

Crypto law from A to Z: Will it be taxed, can it be confiscated, can ATM transactions be made?

While the first crypto asset regulation in Turkey was passed by the Parliament and passed into law, the law will fill a big gap in this field.

27 Jun, 2024

S&P Global upgraded Ülker’s credit rating

S&P Global upgraded Ülker’s sovereign credit rating after the company successfully passed a hypothetical sovereign default stress test against its long-term foreign currency sovereign credit rating on Turkey, including transfer and convertibility scenarios. “As such, we have upgraded Ülker’s long-term issuer credit and issue ratings and senior unsecured bonds to ‘BB’ from ‘B’,” S&P said, […]

27 Jun, 2024

Turkstat announced: Confidence in economy at 7-month low

Economic confidence index, which was 98.2 in May, decreased by 2.5 percent to 95.8 in June. The index thus fell to the lowest level since November 2023.

27 Jun, 2024

“Sharp increase” in climate lawsuits against companies

It was stated that there has been a rapid increase in climate lawsuits filed against companies around the world since 2015 and that the majority of the lawsuits have been…

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