725 Kilometers of New Rumble Strips Implemented to Prevent Traffic Accidents

Minister of Transportation and Infrastructure, Uraloğlu, stated that this year a total of 725 kilometers of rumble strips will be implemented with the goal of preventing run-off-road traffic accidents. Minister Abdulkadir Uraloğlu of Transportation and Infrastructure provided an explanation regarding the nationwide efforts conducted by the General Directorate of Highways (KGM) to ensure traffic safety. […]

Attention Income Earners! Tax Returns Deadline Approaching

The annual income tax return period regarding earnings from last year will end on Monday, April 7th. Income tax payers are continuing to file and pay their tax returns for the year 2024. Due to requests related to the Ramadan holiday, the deadline for filing returns was extended from April 2nd to April 7th. Individuals […]

Turkey and European Union Meeting After 6 Years: What Was Discussed in the Critical Meeting?

Turkey and the European Union held a high-level economic meeting after 6 years. Minister Şimşek stated that a positive dialogue on the economy with the EU began. Şimşek mentioned that topics such as the Customs Union and visa liberalization were also discussed. Following the Turkey-EU High-Level Economic Dialogue Meeting held in Brussels, Minister of Treasury […]

Stock market opens with an increase

The BIST 100 index in Borsa Istanbul started the day with a 0.13% increase at 9,496.81 points. At the opening, the BIST 100 index rose by 12.55 points and 0.13% to reach 9,496.81 points compared to the previous close. While the banking index lost 0.02% in value, the holding index gained 0.32% in value. Among […]

Second Highest March Export in History

Turkey’s exports rose by 3.2% to $23.4 billion in March, reaching the second-highest March export in history. The trade deficit stood at $7.3 billion. Trade Minister Ömer Bolat announced the foreign trade data for March. According to Minister Bolat’s data, exports in March increased by 3.2% to $23.4 billion, marking the second-highest March export in […]

Warning from Experts about Tire Casing Danger in Traffic

Following inspections, the Ministry of Industry and Technology had decided to recall some products posing safety risks from the market. The list includes nine tire casing companies. Experts are highlighting the potential danger of tire casings in traffic. When a worn tire is renewed, it is turned into a casings tire. A casing tire can […]

Markets Shocked, $2.7 Trillion Evaporated: Heavy Bill for Americans

Global trade war panic continues in the world economy. While the US stock market saw its sharpest decline in 5 years, $2.7 trillion evaporated from the market. The cost of customs duties to Americans was estimated to be $3,500 per household. President Donald Trump’s customs tariff policy has disrupted global markets. The customs duties announced […]

Sale of 552 plots in 44 provinces by TOKI: Here are the payment terms

The Housing Development Administration (TOKI) of the Ministry of Environment, Urbanization, and Climate Change has put up for auction 552 plots with various characteristics in 44 provinces, including Istanbul, Ankara, and Izmir. The sale will include plots in Adana, Adiyaman, Afyonkarahisar, Ağrı, Aksaray, Amasya, Ankara, Antalya, Aydın, Balıkesir, Bilecik, Burdur, Bursa, Çanakkale, Çankırı, Çorum, Denizli, […]

Minister Bolat: US Customs Tariffs seen as the lesser of two evils for Turkey

Minister of Trade Ömer Bolat stated that they consider the US customs tariffs as the lesser of two evils for Turkey. In a written statement regarding the additional customs tariffs decision of the US, Minister Ömer Bolat emphasized that the minimum additional customs tariff rate to be applied to all countries by the US has […]

Trump Shock in Economics: Significant Increase in Recession Risk

JPMorgan indicated in a research note titled “Blood Will Spill” that Trump’s new tariff decision has increased the risk of a global economic recession by 20 points. Since April 2, the so-called “Freedom Day” when U.S. President Donald Trump announced new customs duties for many countries, the risk of recession in the global U.S. and […]