Women constitute 49.98% of the Turkish population. According to TURKSTAT data, women earn less than men across all educational levels. 36 out of 100 women expressed feeling uneasy when walking alone at night. The Turkish Statistical Institute (TURKSTAT) announced the results of the “Women in Statistics 2024” study. As per the findings, women made up […]
The deadline for uploading e-ledgers has been extended for taxpayers whose force majeure status due to the earthquake has ended. The Circular of the Tax Procedure Law related to the issue was published on the website of the Revenue Administration of the Ministry of Treasury and Finance. Accordingly, the deadlines for taxpayers in Adıyaman, Hatay, […]
During the week ending on February 28, Central Bank reserves decreased by $4,578 million, falling to $165.4 billion. The Central Bank of the Republic of Turkey (CBRT) released its weekly money and banking statistics. As of February 28, the CBRT’s gross foreign exchange reserves dropped by $2,941 million to $94.757 billion. Gross foreign exchange reserves […]
While the cryptocurrency market continues to be dynamic, the messages that will be delivered by US President Donald Trump at the Cryptocurrency Summit to be held at the White House tomorrow will be closely monitored. The “crypto-friendly” economic policies of US President Donald Trump and the recent lawsuits in favor of cryptocurrency companies have created […]
It is expected that the Iraq-Turkey pipeline will be put back into operation after a hiatus of about 2 years. The initial target for daily oil exports via the Ceyhan Port is set at 185,000 barrels. Following the announcement by Iraq’s Oil Minister Hayyan Abdulgani that oil exports via the Ceyhan Port will resume through […]
An agreement on partnership in unmanned technologies was signed between Baykar, Turkey’s leading unmanned aerial vehicle manufacturer, and Leonardo, one of Europe’s largest defense companies. With this agreement, Baykar aims to strengthen its position in the European market, while Leonardo is expected to start manufacturing both manned and unmanned aircraft. Leonardo has been involved in […]
The Central Bank reduced its policy rate by 250 basis points to 42.5%, in line with expectations. The CBRT emphasized that the leading indicators supported the decline in inflation and highlighted the maintenance of a tight monetary policy stance. In March, the Central Bank (CBRT) lowered its policy rate by 250 basis points from 45% […]
Last week, there was a withdrawal of 33 billion lira from foreign currency protected deposit accounts. The total balance of these accounts decreased to 847 billion lira. The downward trend in Turkish Lira denominated foreign currency protected deposits and participation accounts continues. A total withdrawal of 33 billion lira was recorded from these accounts last […]
The number of real estate properties sold in January and February in Turkey reached a record high of 471,694. All sales of properties such as houses, land, workplaces, and commercial real estate started the year quickly and continued this momentum in February as well. While property sales in January increased by 20.2% compared to the […]
Millions of retirees are eagerly awaiting the holiday bonuses. Kazım Ergün, President of the Turkish Pensioners Association (TÜED), stated that the bonuses should be increased to contribute to the budget. He emphasized that the practice of giving bonuses to retirees during religious holidays, starting in 2018, was a result of TÜED’s long-standing efforts. Back then, […]
