Consumer confidence increased in February

The consumer confidence index rose by 1.4 percent in February to 82.1. The results of the consumer tendency survey, conducted in cooperation with the Turkish Statistical Institute (TurkStat) and the Central Bank of the Republic of Turkey (CBRT), have been released. According to the data, the consumer confidence index increased by 1.4 percent in February, […]

Stock market starts the day flat

The BIST 100 index in Borsa Istanbul started the day flat at 9,764.55 points. At the opening, the BIST 100 index rose to 9,764.55 points with an increase of 0.88 points and 0.01% compared to the previous closing. The banking index and the holding index gained 0.36%. Among the sector indices, financial leasing factoring was […]

Grants of up to 10 million lira for Agricultural Projects

Economic investment projects based on agriculture will be supported with grants of up to 10 million lira. The support will cover up to 50% of the total project cost. Priority will be given to producer organizations, women, and young entrepreneurs, but both individuals and legal entities will be eligible for grant support for investments in […]

How do Electric Household Appliances Affect Bills?

The government support for electricity bills was discontinued as of February 1st for those in the high consumption group. Hacı Ali Ulutaş, Deputy President of EPDK, discussed the impact of electric household appliances on bills with NTV. According to the regulation put into effect on February 1st in electricity bills; residential subscribers exceeding monthly consumption […]

Record Series Continues for Gold

The record series continues for gold prices. An ounce of gold pushed the peak to $2,947. Meanwhile, gram gold broke records at 3,439 TL. Safe haven demand is increasing amid global uncertainties. Gold started the day with around $2,940 per ounce, reflecting a 0.21% increase. Yesterday, the price of an ounce of gold reached a […]

On Display: How much does a Ramadan package cost?

Ramadan packages sold to support those in need during Ramadan are now on display. Prices have increased by an average of 32% compared to last year. The price of a package consisting of affordable items is 630 Turkish lira. Rice, pasta, flour, and oil have found their place in market packages as Ramadan approaches. The […]

Apple products may face price increase due to tariffs

Bank of America has revealed that Apple may have to increase the prices of its products due to customs tariffs. The tariffs imposed by President Donald Trump are expected to directly impact technology companies. Bank of America, one of the leading banks in the US, announced that Apple will need to raise prices on its […]

Industry and trade bill proposal: Passed in Parliament and enacted

The bill containing regulations related to industry and trade was approved in the Plenary Session of the Parliament. With the law, the dues that TESK and TOBB will pay to KOSGEB can be increased by up to twice the amount by the President. According to the law, dues to be paid by TESK, TOBB, and […]

Let’s Cut Corporate Farm Subsidies and Eliminate Waste

Brooke Rollins, the new Agriculture secretary, has pledged to revamp the department and develop more efficient nutrition programs. She aims to enhance efficiency at the USDA and curb unnecessary spending. If Rollins genuinely wants to reduce waste, she should closely examine the extravagant mandates and billions of taxpayer dollars that flow directly to agricultural corporations […]

Is the Trump administration waging the incorrect economic battle?

An essential debate in recent years has been about the impact of skill-biased technological advancements versus globalization, especially the ‘China Shock,’ on the job market in the U.S., particularly affecting middle-class workers. In the late 1990s and early 2000s, discussions mainly focused on how innovations in IT, communication, and factory automation benefited highly skilled workers […]