Bolat: We Will Continue to Effectively Utilize Trade Policies to Protect Our Domestic Producers

The Minister of Trade, Ömer Bolat, stated that the government is reaping the fruits of its economic program.

Speaking through X, Bolat said, "Promising positive...

AKEDAŞ Electricity Wins “Digital Transformation of the Year” Award in the Energy Distribution Sector

Foreks - The SAP Digital Transformation Awards, presented by SAP Turkey annually to the most successful digital transformation projects in Turkey, awarded the "Di...

Söke’s Brand ChildGen Opens Turkey’s First Walkable Play-Dough Factory

Forex - ChildGen, a local play dough brand that acquired 60% of Söke in 2023, opens Turkey's first walkable play dough factory, offering children an educational a...

Headline: Central Bank: Necessary Checks and Updates Are Being Implemented to Combat Counterfeit Currency and Prevent Its Circulation

Foreks - The Turkish Banks Association (TBB) reported that necessary controls and updates for currency counting, counterfeit currency checks, and ATM machines are...

CBRT: We are Working in Coordination with Relevant Judicial Authorities to Combat Banknote Counterfeiting

The Central Bank of the Republic of Turkey (CBRT) announced that it is conducting necessary activities in coordination with the relevant judicial authorities to e...

BDDK Data: Credit Cards and Consumer Loans Rise, Decline in KKM Continues

According to the latest data published in the weekly bulletin by the Banking Regulation and Supervision Agency (BDDK), the banking sector is exhibiting different ...

Summary of the Central Bank of Turkey's Monetary Policy Committee Meeting Released

The summary of the meeting held by the Monetary Policy Committee of the Central Bank of the Republic of Turkey on November 21, 2024, has been published. During th...

After the Recent Surge, the $100,000 Bitcoin Expectation Strengthens Again

Bitcoin started the week with a decline, but recovered during yesterday's trading by surpassing the $95,000 level. The cryptocurrency fell to as low as $90,790 mi...

Sanica Isı Secures a €30.8 Million Order from an Overseas Client

Foreks - Sanica Isı received an order worth 30.8 million TL from a client located abroad.

In a statement to KAP, it was mentioned, "An order has been received f...

Yiğit Akü to Form Strategic Partnership with Ganfeng LiEnergy

Foreks - Yiğit Akü (IS:YIGIT) will establish a long-term strategic partnership for close collaboration with Ganfeng LiEnergy to expand the lithium market.

In th...

Altınkılıç Initiates Preliminary Talks for a Residential Project of Approximately 200 Apartments in Gömeç

Foreks - Altınkılıç has begun preliminary discussions for a housing project consisting of approximately 200 apartments on the land where the Gömeç facility was lo...

CBRT Reserves Decline by $45 Million

Forex - The Central Bank of the Republic of Turkey (CBRT) reserves showed a limited decrease of $45 million in the past week. According to the weekly data from th...

Turkey's Foreign Debt Payments This Year Reach $35 Billion 20.86 Million

Forex - Turkey's external debt payments this year reached 35 billion 020.86 million dollars. According to the data published by the Central Bank, in the week of N...

Domestic Residents' Foreign Currency Deposits Decrease by $412.5 Million

Forex - The foreign currency deposits of domestic residents decreased by $412.5 million in one week.
According to the data released by the Central Bank of the R...

Foreign Residents Made Stock Sales

In the week of November 22, foreign residents made a net sale of 272.3 million dollars in equities, excluding market price and exchange rate movements. According ...

Headline: "TABLE - CBRT Analytical Balance Sheet"

Forex -

Trendyol Plans to Raise $1 Billion to Fuel Its Growth

According to information from sources familiar with the matter, Turkish e-commerce company Trendyol is considering raising around $1 billion to aid its growth. In...

The deadline for final bids in the Çayırhan Thermal Power Plant tender has been extended to March 4, 2025.

The Privatization Administration has extended the deadline for submitting final bids in the privatization tender for the Çayırhan Thermal Power Plant and the coal...

MARKET INSIGHT - 50 Tons of Cotton Traded on the IEB

In the İzmir Commodity Exchange, a transaction of 50 tons of cotton took place. According to information compiled from the İzmir Commodity Exchange Bulletin, the ...

MARKET OVERVIEW - Spot Electricity Price Reaches 2,888.54 TL/MWh

In the Day-Ahead Market (DAM) operated by the Energy Markets Operation Corporation (EPİAŞ), the arithmetic average of electricity consumption prices for November ...

Lightning: Intensifying the Fight Against Fraud, Illegal Betting, and Gambling Crimes While Strengthening Inter-Agency Cooperation

The Minister of Treasury and Finance, Mehmet Şimşek, stated, "We are intensifying the fight against fraud, illegal betting, and gambling crimes, and strengthening...