A robust product safety period officially began today in online shopping. Sellers will now share product information in detail. Inappropriate ads will be removed within 24 hours. Foreign sellers will be required to have a local representative. The Regulation on Market Surveillance and Inspection of Products Offered to the Market via Remote Communication Tools to […]
Gold prices continue to break records due to fears of a trade war. The price of an ounce of gold is trading at $3,148. Meanwhile, a gram of gold is changing hands at 3,838 Turkish lira. Gold continues to break records amid uncertainties in global trade. The price of an ounce of gold has reached […]
The electronic listing verification system for both real estate and vehicle ads is set to be implemented starting today. The Ministry of Commerce had launched the electronic listing verification system back in February. The regulation mandated that car dealers must have an authorization certificate to post ads, and they were given a two-month period until […]
President Donald Trump has signed an executive order envisioning the establishment of a new office to accelerate investments in the country. An announcement from the White House declared the creation of a new investment office operating under the U.S. Department of Commerce. The statement highlighted that the office would be formed to facilitate and expedite […]
Approximately ten years ago, a concerning trend emerged in government contracting: Small businesses started exiting the federal marketplace rapidly, with no new businesses replacing them. Consequently, the number of small business vendors in the government’s ecosystem decreased significantly. This reduction in the industrial base raised bipartisan concerns and led the Department of Defense to classify […]
In the United States, there was weak support for President Trump’s foreign trade policies. According to a survey, 60% of participants opposed Trump’s policies. In a survey conducted by the Associated Press (AP)-NORC Public Relations Research Center from March 20 to 24, 1229 adult Americans participated. The participants evaluated Trump’s attitudes on various policies such […]
In Belgium, a one-day strike organized in response to the government’s planned cuts on various social expenditures brought life to a halt. Many employees, mobilized by the country’s largest workers’ unions, opted for a one-day strike to protest the austerity measures, especially the reductions planned by the federal government in social spending on items such […]
A new insulation application that will increase energy efficiency in buildings will begin tomorrow. The regulation aims to achieve a decrease of up to 25% in energy bills. The Turkish Standards Institute (TSE) has revised the “TS 825- Thermal Insulation Rules for Buildings Standard” to increase energy savings in buildings and minimize heat losses, which […]
The economic management’s agenda is set to intensify after the Ramadan holiday. April will kick off with inflation figures. Among the highlights are foreign trade data and the interest rate decision of the Central Bank. The Turkish Statistical Institute (TÜİK) will release the inflation data for March on April 3rd. The Consumer Price Index (CPI) […]
The “First Car National Automobile Family Support Program” is a program initiated in Turkey to promote domestic automobile production and to steer citizens towards domestic vehicles. This program targets young people and families who are buying a car for the first time. The support provided is also expected to reflect in the sales of Turkey’s […]
