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Sunday, August 1, 2021

Turkish Treasury borrows $471M through auction

ANKARA The Turkish Treasury borrowed 3.2 billion Turkish liras ($471 million) from domestic markets on Monday, said an official statement. The Treasury and Finance Ministry announced the fixed coupon bonds (semiannually,...

'Turkey has great potential to compete worldwide'

ISTANBUL Turkey has a great potential to compete worldwide, particularly in the textile, auto, and machinery sectors, according to the CEO of Hannover Fairs Turkey, which handles the Turkish operations...

Turkish consumer confidence index up in June

ISTANBUL The consumer confidence index in Turkey posted a monthly increase in June, the country's statistical authority announced Monday. The consumer confidence index reached 62.6 this month, up 5.2% from May...

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: Export-import coverage in 11 months nearly 87%

ANKARA  Turkey's export-import coverage ratio rose to 86.8% this January-November, up from 75.6% in the same period last year, said Turkey's trade minister on Monday. "Our exports in November totaled $16.2...

Turkey’s manufacturing PMI constant in December

ANKARA Turkey’s Purchasing Managers’ Index (PMI) for the manufacturing sector remained unchanged at 49.5 in December compared to the previous month, a joint business survey revealed on Thursday. The Istanbul Chamber...

Turkey: Hazelnut exports reach 33,471 tons in September

ISTANBUL Turkey's hazelnut exports reached 33,471 tons in September, down from 45,706 tons in the same month last year, a regional trade union announced Friday. The Black Sea Hazelnut and Products...

Turkey's exports hit $10B in May

ANKARA  Turkey's exports hit $10 billion in May, down 40.9% from the same month last year amid the coronavirus pandemic, according to the preliminary Trade Ministry data on Tuesday.  Commenting on...

Turkey, US discuss new ways to boost trade ties

ANKARA Turkish Trade Minister Ruhsar Pekcan met virtually Wednesday with US Trade Representative Katherine Tai and discussed new ways to increase bilateral trade flows. "We had a fruitful meeting with ambassador...

Turkey collects over 730,000 tons of cow milk in Sept

ISTANBUL Turkey collected 730,516 tons cow milk in September, the country's statistical authority announced on Wednesday. Cow milk production dropped by 7.3% year-on-year in the month, TurkStat said in a statement. In...

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Italian island of Sicily battling forest fires

ROME The southern regions of Italy, especially on the island of Sicily, were struggling with fires in forests and rural areas on Saturday. Fire officials said...

Fire burning forest in Greece’s Achaia region

ATHENS A wildfire erupted Saturday in the northwestern Peloponnese region of Achaia, according to fire officials. The blaze has been burning a forested area in Zeria...

Turkey welcomes reopening of strategic coastal road in Libya

ANKARA Turkey welcomed the reopening of a strategic coastal road linking Libya’s east to its west, the Turkish Foreign Ministry said Saturday. "We welcome the official...

98 massive forest fires under control: Turkish official

ANKARA Ninety-eight of 107 forest fires in Turkey are under control, the nation’s Agriculture and Forestry Minister said late Saturday. Efforts to contain nine blazes are...

COVID-19 spirals out of control in Asia-Pacific region

ANKARAThe number of daily coronavirus cases has increased in the vast majority of the Asia-Pacific region but it has become increasingly difficult to fight...