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Wednesday, August 12, 2020

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...

Turkey: Banking sector net profit at $6.4B in Jan-Sept

ANKARA The net profit of Turkey's banking sector totaled 36.2 billion Turkish liras ($6.4 billion) in January-September, the country's banking watchdog said Wednesday. The figure was down 12.5% on an annual...

Turkey: Economic confidence rises to 89.8 in October

ANKARA  Turkey's economic confidence index rose to 89.8 in October, official data revealed on Wednesday. The figure surged 4.5% from 86 in September, the Turkish Statistical Authority (TurkStat) said.

Passenger traffic at Istanbul Airport surpasses 40M

ANKARA The Istanbul Airport welcomed over 40 million air passengers since its opening last year, Turkey's transport and infrastructure minister said Monday. A total of 252,795 flights (63,856 domestic and 188,939...

Turkey's Borsa Istanbul down at weekly close

Turkey's benchmark stock index closed the week at 100,215.95 points on Friday, down 0.13% versus Thursday's close. Borsa Istanbul's BIST 100 index started the day at 100,272.11 points. As of...

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Asian qualifiers for FIFA World Cup moved to 2021

ANKARA  The Asian qualifiers for the 2022 FIFA World Cup have been postponed until next year due to the coronavirus pandemic. In a statement issued on...

Turkey slams Greece over closing minority schools

ANKARA Turkey slammed Greece on Wednesday over systematically closing down Turkish minority schools in the country’s Western Thrace region, depriving the minority of the education...

COVID-19: India sees 60,963 more cases, 834 deaths

NEW DELHI India registered 60,963 new COVID-19 cases and 834 deaths over the last 24 hours, pushing the tally to 2.33 million, the Health Ministry...

Egypt's Rabaa massacre: Cries for justice unheeded

ANKARA  Aug. 14 marks the seventh anniversary of a peaceful sit-in in Cairo’s Rabaa Square by hundreds of supporters of President Mohamed Morsi, protests that...

Turkish stocks up 0.44% at midweek open

ANKARA  Turkey's benchmark stock index opened at 1,114.90 points with a gain of 4.85 points or 0.44% on Wednesday. At Tuesday's close, Borsa Istanbul's BIST 100...