Frito Lay Receives 1.3 Billion Lira Fine

The Competition Board has imposed a 1.3 billion lira fine on chip manufacturer Frito Lay for hindering the activities of rival companies. The Competition Board completed its investigation into Frito Lay Gıda Sanayi ve Ticaret AŞ, operating in the potato chips and confectionery market in Turkey. The investigation was launched to determine whether Frito Lay […]

When is the deadline for applications for the İŞKUR Youth Program? (İŞKUR Youth Program application dates)

The application process for the İŞKUR Youth Program is ongoing. Following the announcements, applications for the İŞKUR Youth Program have commenced. Active students enrolled in associate, undergraduate, graduate, and doctoral programs at public universities are eligible to benefit from the İŞKUR Youth Program. So, when is the deadline for applications for the İŞKUR Youth Program? […]

China Reports a $422 Billion Current Account Surplus

In China, the current account balance showed a surplus of $422 billion in 2024. The State Administration of Foreign Exchange (SAFE) of China disclosed the current account balance for the period of January-December 2024. The current balance, which represents the total income and expenditure balance in trade, services, investments, and current transfers, recorded a surplus […]

Eyes Set on New ETFs in the Crypto Market

In recent times, the focus in the crypto markets has shifted towards new Exchange-Traded Fund (ETF) developments. Investment firms have accelerated ETF applications for altcoin projects. It is suggested that projects receiving ETF approval can positively differentiate themselves from others in this regard. The crypto market has been following a volatile trend in recent weeks. […]

xAI, Musk’s Artificial Intelligence Company, Seeking $10 Billion Investment Round

Elon Musk’s artificial intelligence company, xAI, is in talks with investors for a new funding round of around $10 billion. It’s reported that this round could elevate the company’s valuation to approximately $75 billion. Musk had claimed that the upcoming chatbot called Grok 3 outperformed previous artificial intelligence models on the market. xAI, Elon Musk’s […]

Support to Be Provided to 52 Thousand SMEs

The Small and Medium Enterprises Development and Support Administration (KOSGEB) will provide support to 52 thousand SMEs in various fields by 2025. The number of female entrepreneurs supported this year will rise to 8,500. Last year, KOSGEB contributed to 7,041 women entrepreneurs through entrepreneurship support, and this year, it plans to increase that number to […]

Chinese automotive giants heading to Turkey! They will establish factories in Manisa and Samsun

Details have emerged regarding the automotive investments announced by President Erdogan. It has been reported that work is progressing rapidly at the BYD factory in Manisa, which was signed last year. Another automotive giant, Chery, is said to be preparing for Samsun. Minister of Industry and Technology, Fatih Kacır, shared the latest developments in automotive […]

Dual-income receivers are wondering: Will those who retired after 2008 be able to work? Will the period of receiving both wages and retirement pension end?

Changes in the working system are on the agenda for those who retired after 2008. In the current system, retirees who continued to work could receive their pensions with certain deductions. However, it is being discussed that this situation may change with new regulations, making it harder to both receive a retirement pension and work […]

Top Performers of the Week in the Stock Market

The BIST 100 index in Borsa Istanbul closed the week with an average loss of 0.74 percent. Last week, Margun Enerji shares performed the best, while CVK Maden ended as the biggest loser of the week. The BIST 100 index in Borsa Istanbul closed the week down 0.74 percent at 9,877.59 points. Throughout the week, […]

Import Surveillance on Some Polyester Products

A decision has been made to implement surveillance on the import of certain polyester products. The Amendment of the Regulation on the Implementation of Import Surveillance Prepared by the Ministry of Trade was published in the Official Gazette and entered into force. Accordingly, surveillance will be applied to the import of some polyester products. Import […]