Minister of Treasury and Finance Mehmet Şimşek has reacted to the allegations made by CHP Chairman Özgür Özel regarding the MASAK report. Minister Şimşek made a statement regarding the allegations of CHP Chairman Özgür Özel about the MASAK report. In his statement on social media, Minister Şimşek used the following words: “Despite many statements made […]
Following President Donald Trump’s announcement of reciprocal tariffs, gas prices in Europe sharply declined. Within a week, there was a 20% drop in natural gas prices. Amid escalating tensions and concerns about the global economic slowdown that reciprocal tariffs could cause after President Trump announced them, gas prices in Europe dropped by 20% within a […]
The Competition Authority imposed an administrative fine of 31.4 million lira through a settlement agreement with three companies operating in the cosmetic sector. According to the announcement on the Competition Authority’s website, the investigation into the economic unity formed by Biota Botanical Drug and Cosmetic Laboratories Inc., Derma Cos Pharmaceutical Medical and Cosmetic Industry and […]
Approximately 5 million tax declarations were submitted for income tax, setting a record. In 2024, a total of 1 trillion 370 billion liras of declared income was reported, resulting in 411 billion liras of taxes being calculated. Those who did not declare their income were scrutinized. With the efforts conducted by the Revenue Administration Presidency […]
Minister of Labor and Social Security Vedat Işıkhan announced that another drug used by SMA patients has been added to the SGK reimbursement list. Another drug used by SMA patients has been included in the SGK reimbursement list. Minister Işıkhan participated in the 14th Private Hospitals and Healthcare Institutions Association (OHSAD) Congress. During the meeting, […]
Responding to the 145% customs duty imposed by the US, China increased the tariff rate to 125%, as announced by the Ministry of Finance. The “trade war” initiated by US President Donald Trump in January 2025, with increases in customs duty rates, continues. Following yesterday’s announcement by the US stating the customs duty tariff on […]
Confusion arose in the markets due to Trump’s changes in tariffs. Tensions between the US and China increased demand for safe haven assets. While gold reached record highs, there was a continued rise in the Japanese yen and Swiss franc. Stock and cryptocurrency markets, on the other hand, showed a mixed trend. In global markets, […]
The BIST 100 index in Borsa Istanbul started the day with a 0.15% increase at 9,352.49 points. At the opening, the BIST 100 index rose by 13.91 points and 0.15% to reach 9,352.49 points compared to the previous close. The banking index gained 0.04% while the holding index increased by 0.44%. Among the sector indices, […]
According to the survey conducted by the Central Bank of the Republic of Turkey (CBRT), market participants’ year-end inflation expectation increased from 28.04% to 29.98%. The year-end USD/TRY expectation rose from 42.79 lira to 43.60 lira compared to the previous survey period, while the 12-month forward exchange rate expectation increased from 44.42 lira to 45.85 […]
The list of foods that could endanger health has been updated. In inspections, fraud was detected in 49 products ranging from minced meat to meatballs, olive oil to cheese. The Ministry of Agriculture and Forestry updated the list of foods that have been adulterated and could endanger health, identifying fraud in 49 products. The number […]
