Construction Inflation Drops to Lowest Level Since 2021

The Construction Cost Index report published by the Turkish Statistical Institute for September 2024 revealed a significant increase in costs within the construct...

Title: Monthly Increase of 0.2% and Annual Rise of 2.7% in Number of Paid Employees

In the combined sectors of industry, construction, and trade-services, the number of paid employees increased by 2.7% in September 2024 compared to the same month...

Housing Sales in Turkey Reach Highest Level Since 2022

According to the housing sales statistics released by the Turkish Statistical Institute, there has been a significant increase in housing sales across Turkey. Com...

MARKET OVERVIEW - The Stock Exchange Kicks Off the Day with Purchases

Foreks - The BIST 100 index started the day with an increase of 27.28 points at 9447.7. According to the Foreks News survey, the BIST 100 index was expected to st...

AYİDER/Şişik: Housing Sales Hit Record High in October

Hakan Şişik, President of the Anatolian Side Construction Contractors Association, stated, "Housing sales reached a record in October." In his remarks, Şişik said...

Record High for Private Sector's Foreign Debt Burden

According to data published by the Central Bank of the Republic of Turkey (CBRT), the total credit debt of the private sector from abroad has significantly increa...

Bitfinex Releases 130th Alpha Report

According to the Bitfinex Alpha Report, Bitcoin has recorded a significant price increase, reaching new highs above $82,000 following Donald Trump's re-election a...

Turkey's Budget Deficit Doubles in the Last Year

In October 2023, the central government budget deficit was 95 billion 461 million TL, which increased to 186 billion 271 million TL in the same period of 2024. Th...

Anadolu Hayat Emeklilik Awarded First Place in the "Individual Retirement" Category

Anadolu Hayat (IS:ANHYT) was once again awarded first place in the "Individual Retirement" category at the ALFA Awards 2024, organized by Marketing Türkiye and Ak...

LC Waikiki Opens Its First Store in Chile

Forex - LC Waikiki continues its growth journey worldwide. Continuing its new store investments in the Latin American region, LC Waikiki opened its first store in...

Villeroy: Trump's Economic Agenda Puts the Global Economy at Risk

Forex - The President of the French Central Bank and member of the European Central Bank (ECB), Francois Villeroy de Galhau, stated that the economic agenda of U....

Hyundai Motor Group Makes High-Level Executive Appointments

Hyundai Motor Group has made new appointments to enhance the sustainability and growth of future mobility. Jaehoon Chang will take on the role of "Vice President ...

MARKET OUTLOOK - US Inflation Figures Do Not Trigger Major Market Movement

Forex - Michael Brown from Pepperstone argued that the monthly US headline inflation figures are not causing as significant market movements as they did at the be...

Southeast's Grain Exports Reach $2.8 Billion in 10 Months

According to recent reports, the agriculture sector, particularly in grains, pulses, oilseeds, and their products, has achieved an export revenue of $2.8 billion ...

CW Energy to Host the 14th Annual Points of Sale Meeting

Foreks - CW Enerji will bring together its sales points operating throughout Turkey at the ‘CW Enerji Traditional Sales Points Meeting’.

The countdown has begun...

ATO/Baran: Significant Developments in Tourism Over Two Decades

Foreks - Gürsel Baran, the Chairman of the Ankara Chamber of Commerce (ATO), stated that despite the issues faced by Turkey's geography, significant developments ...

Setur Named 'Best Tour Operator for Customer Experience'

Setur has achieved first place in the category of "Best Customer Experience Provider" at the ALFA Awards 2024, organized by Marketing Türkiye. The awards ceremony...

FOREX NEWS SURVEY: Economists Expect TCMB to Maintain Interest Rates This Month

Foreks - Foreks News TCMB interest survey has concluded. The median expectation for the Central Bank of the Republic of Turkey's (CBRT) Monetary Policy Committee ...

7-Eleven Initiates Talks for $47 Billion Takeover Bid with ACT - FT

Seven & i Holdings, the owner of 7-Eleven stores, has initiated negotiations with Canadian Alimentation Couche-Tard for a $47 billion takeover offer. The Canadian...

Kuwait Türk's Assets Grew to 825.6 Billion TL in the Third Quarter of the Year

Kuwait Turkish announced its financial results for the third quarter of 2024. The total funding base (collected funds and non-deposit resources) of Kuwait Turkish...

Akbank Private Banking Named "Turkey's Best Private Banking Unit"

Akbank Private Banking has been awarded the title of "Best in Turkey" at the Global Private Banking Awards 2024, organized by Professional Wealth Management (PWM)...