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18:47, 19 September 2014 Friday
Economy

09:34, 09 September 2014 Tuesday
Iraqi crisis affects business in Istanbul

Turkish companies working in Iraq feel the negative effects of the turmoil created by the security crisis.

17:22, 02 September 2014 Tuesday
Turkish defense exports hit 1 billion

Turkish defense industry exports increased by 21 percent in January-August period reaching over $1 billion, according to the national association of exporters.

16:57, 02 September 2014 Tuesday
Turkey s Babacan rules out double-digit inflation estimates

High inflation figures are largely related to food prices, Turkey’s Deputy Prime Minister Ali Babacan said.

09:33, 02 September 2014 Tuesday
Turkey's exports increase 5 2 percent

The Turkish Exporters' Assembly announced a 5.2 percent rise in exports for August.

23:58, 01 September 2014 Monday
Turkey's new govt programme signals little shift under Davutoglu

The programme put emphasis on a strong economy, envisaging a monetary policy which stepped up the struggle against inflation but also supported growth and employment

12:34, 01 September 2014 Monday
Turkish Deputy PM Babacan to keep responsibility for economy

Ali Babacan will retain overall responsibility for the economy in the new cabinet, government spokesman Bulent Arinc said

10:47, 31 August 2014 Sunday
Turkish deputy PM Babacan to maintain oversight of economy

Ali Babacan, and more recently Finance Minister Mehmet Simsek, have been part of a well-respected economics team that has helped steer Turkey through a decade of growth and stability.

12:12, 30 August 2014 Saturday
Moody's lowers rating for Turkey's Bank Asya

International credit rating agency Moody's downgrades long-term deposit rating of Bank Asya citing deteriorating fundamentals and deposit volatility

09:26, 29 August 2014 Friday
Turkish economy foundation of Erdogan's rule

Turkey's strong economic performance over the last decade has enabled Recep Tayyip Erdogan to extend his rule with the presidency.

15:37, 22 August 2014 Friday
Iraq's Kurds make 170 million from oil sales via Turkey

Kurdish regional government’s finance minister says the administration's revenue from oil sales via Turkey totals $170 million so far.

09:31, 22 August 2014 Friday
Fall in Turkish natural gas imports

Turkey imported 45.2 billion cubic meters of natural gas last year, a 1.42 percent decrease on 2012.

14:21, 21 August 2014 Thursday
Turkey signs credit deal for stake in Shah Deniz gas

“We are aiming to double our shares in the projects following years” said Turkish energy minister Taner Yildiz.

22:52, 19 August 2014 Tuesday
Fitch upgrades Turkey's growth forecasts

Turkey's year-end growth forecast increased to 2.7 percent, senior economist says.

12:21, 19 August 2014 Tuesday
Turkey to draw out plan to get Syrian refugees into

Currently it is estimated that there are almost a million Syrian refugees in Turkey, about 70 percent of whom live outside the refugee camps.

09:50, 17 August 2014 Sunday
Iran to boost gas exports to Turkey

Tehran building instalments to strengthen capacity, deputy chief of Iran's gas company says

11:07, 15 August 2014 Friday
Turkey's unemployment rate eases in May

Number of unemployed people decreased for the fourth consecutive month.

16:12, 13 August 2014 Wednesday
Turkey will export more foodstuffs to Russia

Russian agricultural officials are in Ankara discussing widening export licences to Turkish companies to export more of their food products to Russia.

11:17, 13 August 2014 Wednesday
Turkey wants to put women to work to improve economy

In an effort to become the tenth largest global economy, the Turkish government aims for the women employment rate to exceed 35 percent by the year 2023.



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