The famous cheese brand Yöre Süt’s product, which was promoted as tulum cheese, turned out to be melting cheese. The company was fined 550,059 liras for making misleading advertisements. The inspections by the Ministry of Agriculture and Forestry and the Ministry of Trade continue for brands. Most recently, it was found that the famous cheese […]
The central government budget showed a deficit of 139 billion 259 million lira in January. The Ministry of Treasury and Finance announced the budget implementation results for January. Accordingly, budget revenues in January increased by 48.6 percent compared to the same month last year, reaching 917 billion 83 million lira, while budget expenditures recorded an […]
The percentage of individuals who claimed to be happy in Turkey decreased from 52.7% in 2023 to 49.6% last year. According to the TURKSTAT study, 64 out of 100 people said they were hopeful about the future. The most significant problem in the country last year was the cost of living, followed by education and […]
The interest rate decision to be announced by the Central Bank’s Monetary Policy Committee is eagerly awaited. Domestic markets become active after the Central Bank’s interest rate decision. Citizens who want to shape their investments are researching the dates of the MPC meetings. According to the 2025 calendar, instead of meeting 12 times this year, […]
Reports indicate that Elon Musk’s artificial intelligence venture xAI is nearing the final stages of a $5 billion deal with Dell. According to Bloomberg, Dell will provide servers worth $5 billion to xAI for their artificial intelligence projects. The two companies are continuing negotiations and are said to be close to finalizing the agreement. As […]
Inspections on food prices intensified before the month of Ramadan. Heavy fines were imposed on businesses found to be applying excessive prices. Under the consumer protection legislation, the Ministry of Trade imposed 139.2 million TL in administrative fines in January 2025; and 144.5 million TL in administrative fines as a result of unfair and excessive […]
Commercial real estate prices increased by 7.3% in the fourth quarter of 2024. The real increase in the index was recorded as 6.2%. The Commercial Real Estate Price Index (TGFE) data for the fourth quarter of this year was released by the Central Bank of the Republic of Turkey (CBRT). In the fourth quarter of […]
The famous cheese brand Yöre Süt’s product, which was promoted as tulum cheese, turned out to be melting cheese. The company was fined 550,059 lira for making deceptive advertisements. The inspections by the Ministry of Agriculture and Forestry and the Ministry of Trade continue for brands. Recently, it was discovered that the famous cheese brand […]
According to Morgan Stanley, the Turkish Lira is predicted to be one of the best-performing currencies this year. The US investment bank Morgan Stanley released its “2025 Exchange Rate Forecast Update” report. The report highlighted that despite the previous year’s predictions of three interest rate cuts by the Federal Reserve (Fed) in 2025, it is […]
Automotive industry main production decreased by 3% in the first month of the year to 105,397 compared to January of the previous year. The Automotive Industry Association (OSD) announced the production data for January in the automotive industry. Accordingly, the main production of the automotive industry in the first month of the year decreased by […]
