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You are reading news about Türkiye in English.

Economy news in Türkiye

14 stories9 sources/story

İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.

  1. Fund crisis inquiry motions rejected by AK Party and MHP votes
  2. 10-article bill on liquidation of 131 funds due in Turkish parliament next week
  3. YENİ Party's Ümit Özlale names two ministers in fund crisis
  4. Fund investigation news series (161)
30
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+11: Star, Haber7, Takvim, DHA, Türkiye Gazetesi, Hürriyet, Milat, Habertürk, A Haber, TGRT Haber and CNN Türk +12: Milliyet, Star, Haber7, Takvim, DHA, Türkiye Gazetesi, Hürriyet, Milat, Habertürk, A Haber, TGRT Haber and CNN Türk +4: Gazete Oksijen, Karar, Ekonomim and Dünya +5: ANKA Haber Ajansı, Gazete Oksijen, Karar, Ekonomim and Dünya +6: Yeniçağ, Sözcü, Nefes, Halk TV, soL Haber and BirGün +7: Cumhuriyet, Yeniçağ, Sözcü, Nefes, Halk TV, soL Haber and BirGün

News series

Şimşek: Defence budget to rise 229% in 2027

Treasury and Finance Minister Mehmet Şimşek said defence spending would be increased by 229% in the 2027 budget.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Automotive exports reach $3.9 billion in September

The automotive industry's exports totaled $3.9 billion in September, giving the sector a 15.2% share of Türkiye's total exports. In the January-September period, automotive exports reached $31.15 billion.

  1. September exports reach $26 billion as automotive leads
  2. September exports hit $26 billion, Denizli's hit $479 million
  3. Türkiye's defence exports reach $6.926 billion in nine months
  4. Türkiye export data news series (5)
5
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Dünya and Gazete Oksijen

News series

New powers for brokers at TÜRİB, transaction scope widened

The Turkish Trade Ministry and the Capital Markets Board (SPK) amended two regulations on the operation of TÜRİB and the activities of intermediary institutions; the scope of products and contracts that can be traded on the exchange was expanded.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Capital Markets Board approves debt issuances by 4 companies

The Capital Markets Board (SPK) approved debt instrument issuance applications by Akbank, İş Faktoring, Koç Stellantis Finansman and QNB Bank. Akbank's issuance totals 130 billion lira (TL) and $4 billion.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Capital Markets Board files criminal complaint against 21 over ODINE trades

The Capital Markets Board (SPK) filed a criminal complaint against 21 people following its probe into ODINE share market transactions and imposed a 2-year trading ban on them.

20
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+9: Yeni Şafak, NTV, Takvim, Milliyet, Yeni Akit, DHA, Türkiye Gazetesi, Hürriyet and Milat +10: Star, Yeni Şafak, NTV, Takvim, Milliyet, Yeni Akit, DHA, Türkiye Gazetesi, Hürriyet and Milat +3: ANKA Haber Ajansı, PSM and Sigorta Gündem +4: Karar, ANKA Haber Ajansı, PSM and Sigorta Gündem +2: Nefes and Evrensel

Economy

Yeni Safak says 8 coal businesses were sealed in Trabzon

The Yeni Şafak newspaper claimed that eight coal businesses in Trabzon were sealed and that former Transport Minister Adil Karaismailoğlu played a role in the decision.

3
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Identity-check limit raised to 370,000 lira in anti-money laundering fight

A regulation published in the Official Gazette raised the customer identification threshold in the fight against money laundering and terrorist financing to 370,000 lira.

16
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: TGRT Haber and Türkiye Gazetesi +3: Haber7, TGRT Haber and Türkiye Gazetesi +5: Dünya, Karar, Sigorta Gündem, Gazete Oksijen and Diken +6: Ekonomim, Dünya, Karar, Sigorta Gündem, Gazete Oksijen and Diken +2: Halk TV and BirGün

Economy

ASELSAN signs $195 million contract for radar systems

ASELSAN signed a $195 million contract with the Turkish Defence Industry Agency for the procurement of radar systems. The deal was disclosed to the Public Disclosure Platform (KAP).

3
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Foreign lodging platforms face 5 million lira permit requirement

A Turkish Grand National Assembly (TBMM) committee adopted a bill requiring foreign lodging platforms such as Booking, Expedia and Airbnb to hold a two-year permit costing 5 million lira.

  1. New rules for Booking.com and Airbnb go to Turkish parliament
14
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+4: Haber7, Hürriyet, Milliyet and NTV +5: Takvim, Haber7, Hürriyet, Milliyet and NTV +2: ANKA Haber Ajansı and Ekonomim +2: Nefes and Yeniçağ

Economy

Turkish Treasury issues dollar bond, meets all bids

The Turkish Treasury and Finance Ministry issued a dollar-denominated government bond valued Oct. 7, 2026. It drew $1.575 billion in bids, and all bids were met.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Eyes on Türkiye's central bank after inflation data

September inflation coming in below expectations strengthened expectations that Türkiye's central bank (TCMB) could cut rates at its Monetary Policy Committee meeting on 22 October. Economists highlight a 100-basis-point cut.

  1. September inflation comes in below expectations, eyes on Türkiye's central bank
4
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: PSM and Ekonomim

Economy

Diesel price cut by 4.95 lira at midnight

Diesel prices per litre fell by 4.95 lira from midnight. There was no price change in the petrol group.

  1. Diesel prices expected to fall by 4.95 lira on Tuesday
  2. Diesel price expected to fall by 2.22 lira
11
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Sigorta Gündem and Gazete Oksijen +4: Halk TV, BirGün, Evrensel and Muhalif +5: Nefes, Halk TV, BirGün, Evrensel and Muhalif

Economy

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