Customs officials have prevented approximately 886 million lira worth of cigarette and tobacco smuggling in the past 5 years. The Ministry of Trade’s customs surveillance teams managed to prevent around 886.3 million lira worth of cigarette and tobacco smuggling in 5 years. According to the Ministry’s data, between 2020-2024, 20.4 million packs of cigarettes worth […]
The Court of Cassation set a precedent with a decision that will concern prospective spouses who will make an inheritance agreement before getting married. A lawsuit filed by the parties in the Samsun Regional Court of Justice 6th Civil Chamber and extending to the Court of Cassation 7th Civil Chamber regarding the cancellation of an […]
The Istanbul Stock Exchange concluded the week at 9,952 points with a 0.53% decrease. The highest gain, 12%, was seen in Işıklar Enerji shares. On the other hand, the biggest loss of the week occurred with Fenerbahçe shares. The BIST 100 index at the Istanbul Stock Exchange ended the week at 9,951.65 points, with a […]
Taxpayers in 4 provinces and 2 districts affected by earthquakes centered in Kahramanmaraş have had their application and payment deadlines for restructuring extended. The General Communiqué on Law No. 7440 on the Restructuring of Certain Receivables, prepared by the Revenue Administration Directorate of the Ministry of Treasury and Finance, was published in the Official Gazette […]
Meta, the social media giant, is preparing to implement a decision to reduce its workforce next week. It is expected that the company will lay off 3,600 employees. Meta, the parent company of Facebook, Instagram, and WhatsApp, is preparing to implement a layoff decision. According to The Information, the company will part ways with 5% […]
In the US, the number of oil drilling rigs increased by 1 this week. Weekly data from the oilfield services company Baker Hughes was released. Accordingly, the number of oil drilling rigs in the country rose by 1 to 480 in the week of January 31 – February 7 compared to the previous week. However, […]
Due to the widespread avian flu outbreak in the US, the culling of millions of chickens on farms has negatively impacted egg production, leading to increased prices. As a result of supply chain issues in the egg industry due to the avian flu outbreak in the US, markets in New York and surrounding areas have […]
The President of TESK, Palandöken, stated the need for a special tariff for tradesmen in electricity bills. Bendevi Palandöken, the President of the Confederation of Turkish Tradesmen and Craftsmen (TESK), emphasized the importance of energy efficiency and saving for our country. He said, “Therefore, it seems quite impossible to save electricity used in the refrigerator, […]
The Ministry of Trade reported that in January, exports over 1 billion dollars were realized in 4 provinces compared to the same month last year, with export growth in 42 provinces. The Ministry of Trade released export data by activity provinces for the month of January. Istanbul ranked the highest in exports last month with […]
Markets are fixated on the Central Bank’s inflation report. Whether the CBRT will make any changes to its inflation expectations will be closely monitored. All eyes are on the Central Bank (CBRT) inflation report in the markets. CBRT President Fatih Karahan will speak at the meeting of the year’s first inflation report, which will begin […]
