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Economy news in Türkiye · Page 10

14 stories9 sources/story

EPDK sets 2027 electricity transmission surcharge tariff

The energy regulator EPDK decided on the electricity transmission surcharge tariff to take effect on January 1, 2027. According to the decision, the fee will not be reflected on subscriber bills as a new tax or service charge.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Goal announced to extend tourism to 12 months across 81 provinces

Stating that tourism revenues increased from 30 billion dollars to 65 billion dollars in the last 8 years and that Türkiye is the 4th most-visited country, Alpaslan said they aim to spread tourism over 12 months in 81 provinces under the coordination of the Türkiye Tourism Promotion and Development Agency.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

US becomes Türkiye's second-largest export market in January-August

According to TİM data, Türkiye's exports increased by 4% in January-August to reach 185 billion dollars. Exports to the US rose by 12.9% to reach about 9.64 billion dollars; Germany ranked first with 13.58 billion dollars.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

İBB to tender 250 app-based taxi rights on 13 October

According to an announcement in the Official Gazette, Istanbul Metropolitan Municipality (İBB) will tender 250 app-based taxi operating rights individually; the estimated price for each right is 6,376,000 lira (TL) plus VAT, with a 29-year license period. Only natural persons can participate, and bids will be submitted by 12 October.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Yeniçağ and Muhalif

Economy

Uncultivated agricultural lands being leased out seasonally

Under Law No. 5403 and the relevant regulation, the Ministry of Agriculture and Forestry is leasing out agricultural lands that have remained uncultivated for two consecutive years on a seasonal basis, with lease payments made to their owners; the announcement process that began on September 1 continues.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

THY named Best Airline in Europe for 11th time at Skytrax Awards

Turkish Airlines was selected as "Best Airline in Europe" for the 11th time at the 2026 Skytrax World Airline Awards, receiving eight awards in total. The carrier ranked fifth globally, while Singapore Airlines took first place.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Diesel discount: price per liter falls below 100 lira

With the discount effective from September 19, diesel prices dropped to 96.31 lira per litre in Istanbul, 97.41 lira in Ankara, and 97.71 lira in Izmir. The price had risen above 100 lira for the first time after two increases of 6.62 and 4.62 lira earlier in the week; gasoline prices were left unchanged.

Economy

Special consumption tax revenue from automotive falls 8.12% in August

According to a Karar report citing Treasury and Finance Ministry data, special consumption tax revenue from the automotive sector declined by 8.12% in August to 60.3 billion liras (TL), while the average tax per vehicle increased from 626,000 TL to 718,000 TL.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

TZOB President Şemsi Bayraktar says no disaster left unseen by farmers

President of the Union of Turkish Agricultural Chambers (TZOB) Şemsi Bayraktar stated that frost occurred in 65 provinces last year followed by drought, and this year floods, hail, and tornadoes imposed costs on producers. He noted that work is being carried out regarding drought.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Fieldwork continues on Ankara-Samsun high-speed rail line

It was stated that once the 293-kilometer line coordinated by the Ministry of Transport and Infrastructure is completed, travel between Ankara and Samsun will decrease to approximately 2.5 hours. With a design speed of 200 kilometers per hour, the line is projected to have an annual capacity of 14 million tons of freight and 12 million passengers.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Access blocked to 111 X accounts over stock market posts

According to Milat, following coordinated efforts by the Communications Directorate, the Istanbul Chief Public Prosecutor's Office imposed an access ban on 111 X accounts reported to have made "manipulative stock market posts" on social media.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Türkiye ranks 97th among 192 countries in a relocation index

According to Karar, Türkiye ranked 97th with 60.9 points in the 2026 Global Relocation Index by Singapore-based Rumavi Global; Estonia topped the list. The index is calculated across 24 indicators.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Livestock market in Ağrı closed for 30 days due to foot-and-mouth disease

The Ağrı Provincial Directorate of Agriculture and Forestry announced that, by decision of the Provincial Animal Health Police Commission, the Provincial Livestock Market will be closed for 30 days starting October 18, and that livestock movement from quarantined villages has also been temporarily halted.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Evrensel and Yeniçağ

Economy

Yumaklı: Vaccination and identification free, 6 billion lira allocated for this item

Agriculture and Forestry Minister İbrahim Yumaklı said in Erzurum that breeders will not be charged for vaccination and identification, and veterinarians will not demand additional fees; around 6 billion lira (TL) has been allocated for this. Over the past 24 years, livestock support has reached 654 billion lira (TL).

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Habertürk and Haber7

Economy

Stricter enforcement expected on SGK premium debts in the year's final quarter

Based on the Medium-Term Program's clause that "premium debt monitoring and collection processes will be made more effective," reports say employers who have not applied for restructuring may face the cancellation of incentives, as well as enforcement and seizure proceedings between October and December. The deferral interest rate had been cut from 39% to 29% annually.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Ekonomi Manşet and Sigorta Gündem +2: Nefes and Oda TV +3: Halk TV, Nefes and Oda TV

Economy

Türkiye's livestock numbers exceed EU countries

According to Eurostat and Turkish Statistical Institute (TÜİK) data, Türkiye's cattle population rose 4.3% in 2025 to 17,709,000, while France, first among EU countries, had 16,237,000. Türkiye's sheep population stands at 46,689,000 and goat population at 11,186,000.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Milat and Habertürk

Economy

Inspection begins at hazelnut exchanges, growers protest with tractors in Sakarya

The Trade Ministry assigned inspectors to examine transactions at the Ordu, Giresun, Ünye and Fatsa commodity exchanges. In Kocaali, Sakarya, growers formed a convoy of about 130 tractors to protest the Soil Products Office (TMO)'s purchase prices of 255 lira for Giresun quality and 250 lira for Levant quality.

Economy

40 people arrested in investigation into exorbitant fruit and vegetable prices

All 40 suspects detained in the investigation by the Istanbul Chief Public Prosecutor's Office were arrested; efforts continue to capture one suspect for whom a detention order exists. The operation involved searches at 109 addresses in 22 provinces, and statements were taken from 1,029 farmers.

Economy

Nefes: Public sector rent expenses reach 25.7 billion lira in eight months

Citing Treasury and Finance Ministry budget data, Nefes reported that rent expenses from January to August 2026 totaled 25.712 billion lira (TL); the largest item was 9.907 billion lira (TL) spent on staff shuttle rentals.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

BirGün: Harvest season ended in losses for farmers, support payments below inflation

According to BirGün's report, producers suffered losses on many products from sunflower to hazelnut due to purchase prices and input costs; the newspaper reported that the state debt arising from the gap between the support envisaged in the Agriculture Law and the support actually paid amounted to approximately 2 trillion lira.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Religious Affairs Foundation's 2.12 billion lira stake in investment fund becomes subject of controversy

BirGün reported that following the Capital Markets Board (SPK)'s decision to disclose investors holding large shares in investment funds, the Türkiye Religious Affairs Foundation's stake in a participation money market fund was 2.12 billion lira; the report referenced the Supreme Council of Religious Affairs' 2022 zakat fatwa.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Zafer Airport reached 6% of its guaranteed passenger figure in August

According to a report by BirGün, Zafer Airport, which has a monthly average guarantee of 109,811 passengers, was used by only 6,551 passengers in August. According to the report, the guarantee payment to be made from the Treasury to the operating company is estimated to exceed 3 million euros.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

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