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Tuesday, March 31, 2020

Turkish exports hit $16.34B in October

DENIZLI, Turkey  Turkey’s exports amounted to $16.336 billion in October according to the general trade system, the country’s trade minister said on Saturday. The exports totaled $148.84 billion in 2019, rising...

Fitch revises Turkey's outlook from negative to stable

BERLIN  Credit ratings agency Fitch revised Turkey's outlook from "negative" to "stable" on Friday and affirmed its “BB-“ rating. The agency also revised up its GDP forecast for 2019 by 0.8...

Economists expect fall in Turkey's October inflation

ISTANBUL Annual inflation rate in Turkey is projected to drop to 8.41% in October, according to an Anadolu Agency survey on Friday. Turkey's annual inflation rate in September was 9.26%, dropping...

Turkey forecasts foreign debt payment of $11.3B in 2020

ANKARA  The Treasury and Finance Ministry is forecasting 65.1 billion Turkish Liras ($11.3 billion) in external debt payments in 2020. The total amount of debt service is estimated at 352.1 billion...

Turkey’s manufacturing PMI at 49 points in October

ANKARA  Turkey’s Purchasing Managers’ Index (PMI) for the manufacturing sector stood at 49 points in October, according to a monthly business survey released Friday. The Istanbul Chamber of Industry report, done...

'Turkey set to close out 2019 in positive territory'

MALATYA, Turkey Turkey will close out 2019 with positive growth figures, the country’s treasury and finance minister said on Thursday. Turkey will continue to support industry and the real sector, and...

Foreign visits to Turkey climb in January-September

ANKARA Turkey attracted 36.4 million foreign visitors in the first nine months of 2019, marking a 14.5% rise, the Culture and Tourism Ministry announced Thursday. The Mediterranean resort city of Antalya...

Central Bank lowers Turkey year-end inflation forecast

ANKARA Turkey's Central Bank on Thursday cut the year-end inflation projection for 2019. The bank said it expected Turkey's year-end inflation rate to hit 12% for 2019, down from 13.9% in...

Turkey: Tourism income jumps 22% to $14B in Q3

ISTANBUL Turkey’s tourism income jumped by nearly a quarter this July-September to $14.03 billion, the country's statistical authority said on Thursday. The country's tourism revenue soared 22% in the third quarter,...

Turkey's foreign trade gap at $2.1B in September

ANKARA Turkey's foreign trade deficit stood at $2.1 billion in September, said the country's statistical authority on Thursday. TurkStat data indicated a 6.6% year-on-year rise in last month's figure. Turkish exports rose...

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COVID-19: Spain’s daily death toll climbs to nearly 400

OVIEDO, Spain Coronavirus continues to devastate Spain, with the official death toll surging by nearly 400 on Sunday, according to new figures. In total, 1,720 people...

Bangladesh: Road crash claims 15 lives

DHAKA, Bangladesh The death toll from a head-on collision late Saturday between a truck and van in southeastern Bangladesh rose to 15 when three more...

China: Belgian football player positive for coronavirus

ISTANBUL Belgium international Marouane Fellaini has become the first football player in China with coronavirus. The 32-year-old tested positive for the virus, his Chinese Super League...

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