Claims had been made that cash withdrawals under 20 thousand liras could only be done through ATMs. The Association of Turkish Banks has announced that these reports are baseless. It was alleged that banks had implemented a new practice for cash withdrawals under 20 thousand liras. It was stated that withdrawals below this amount could […]
Apple, the US tech giant, faces difficulties due to custom taxes. The company’s market value has dropped by 300 billion dollars, marking one of the biggest losses on Wall Street. Significant increase in costs is expected due to the major part of production taking place in China. Experts warn that prices of several products, particularly […]
The Minister of Transportation and Infrastructure, Abdulkadir Uraloğlu, announced that the number of electric vehicle charging stations had increased to 11,037 as of February. Uraloğlu emphasized that with the rise in electric vehicle production and demand, the charging infrastructure across the country was rapidly expanding. He underscored that the spread of electric vehicle usage in […]
Turkish lira-based foreign trade increased by 30.1 percent in the first quarter of the year compared to the same period last year, reaching 334 billion 820 million liras. According to the Ministry of Trade data, last month saw the second-highest export value in March with 23.4 billion dollars. There was also an increase in exports […]
Concerns over trade wars deepened sales in the markets. Investors are now focused on the upcoming US inflation data next week. Global markets ended the week under selling pressure due to the increased risk perception stemming from US President Donald Trump’s announced tariffs and concerns about possible retaliations from other economies. Eyes are now turned […]
The number of real estate sold nationwide reached 694,628 in the January-March period, breaking the all-time first quarter record. All real estate sales, including homes, land, commercial properties, and business premises, that started the new year quickly continued this momentum in February and March. Real estate sales in January increased by 20.2% compared to the […]
President Bendevi Palandöken of TESK called for the enactment of a retail law to prevent unfair competition. Once again, Turkey Confederation of Craftsmen and Artisans General President Bendevi Palandöken made a call for a retail law. Palandöken stated, “It is necessary to address the shortcomings in the retail law. Unfair competition must be intervened with […]
The stock with the highest increase in the stock market this week was Işıklar Enerji. The most significant drop was recorded in Tekfen shares. The BIST 100 index on Borsa Istanbul ended the week with a 2.90% loss, closing at 9,379.83 points. Throughout the week, the index saw the lowest point at 9,339.67 and the […]
China’s retaliatory tariffs against the US have escalated tensions in the global economy. Sales accelerated in the markets, wiping out $6 trillion from Wall Street in just two days. The European Union also took action against the influx of cheap goods from Asia. Experts emphasized the significant danger to the world when the two countries […]
The shocking announcement of customs tariffs by US President Trump eroded the wealth of billionaires. The total wealth of the world’s richest 500 people decreased by $208 billion on Thursday. So, who lost how much? The total wealth of the world’s richest 500 people dropped by $208 billion on Thursday due to the global markets […]
