The Banking Regulation and Supervision Agency (BDDK) has made changes to electric vehicle loan amounts. According to the decision, the term limit for vehicle loans with a final invoice value below 2.5 million lira has been set at 48 months. For vehicle loans between 2 million lira and below 5 million lira, the term limit […]
Special discount for families on inter-city buses has been introduced. With the new regulation, bus companies can offer discounts up to 40% on ticket prices for families. Minister of Transport and Infrastructure Abdulkadir Uraloğlu stated that they have opened the way for applying special discounts to families on inter-city bus travels within the 2025 Family […]
There is a new regulation concerning vehicles with foreign plates. Under this regulation, foreign-plated vehicles entering Turkey will not be allowed to leave the country without paying the fees and fines they owe to privately operated highways. AK Party deputies are preparing to submit a new bill to the Parliament. The bill aims to prevent […]
The long-awaited Crypto Summit held at the White House had generated high hopes in the crypto community. However, the summit’s content and agenda painted a picture far from meeting expectations. The event, led by US President Donald Trump, fell short of delivering concrete messages on important policy changes and regulatory approaches towards cryptocurrencies, opting instead […]
The Central Bank reported that the adjustment in examination participation fee reduced the February inflation by 0.29 points. The analysis indicated that the slowdown in inflation originated from the decrease in the main trend. The Central Bank of the Republic of Turkey (CBRT) evaluated the impact of adjustments in examination participation fees on inflation. The […]
The United States has updated its petroleum price prediction. The expectation for oil in 2025 has been reduced from $74.50 to $74.22. The US Energy Information Administration (EIA) has revised its oil price forecast downward for this year. According to the “March 2025 Short-Term Energy Outlook Report” by the EIA, concerns about economic growth due […]
The BIST 100 index started the day with a 0.52% increase at 10,492.43 points in Borsa Istanbul. At the opening, the BIST 100 index rose to 10,492.43 points, up by 54.10 points and 0.52% from the previous close. The banking index gained 0.47%, while the holding index increased by 0.52%. Construction was the sector index […]
The current account showed a deficit of 3.8 billion dollars in January. Excluding gold and energy, the current account had a surplus of 2.4 billion dollars. The Central Bank of the Republic of Turkey (CBRT) released the payment balance statistics for January. The current account had a deficit of 3.8 billion dollars in January, whereas […]
Gold continues to maintain its strength with safe haven demand. The price of an ounce of gold is trading above $2,910. Meanwhile, the price of a gram of gold finds buyers at 3,430 Turkish lira. The uncertainties in global trade and fears of a slowdown in the US economy keep the safe haven demand for […]
The Savings Deposit Insurance Fund (TMSF) has initiated the auction process for the sale of Bellona Furniture. The upset price for the auction has been set at 7 billion lira. In accordance with the announcement published in the Official Gazette, the 100 percent shares of Bellona Furniture owned by the Treasury will be offered for […]
