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Economy news in Türkiye · Page 2

14 stories9 sources/story

Turkish Trade Ministry fines firms 215.1 million lira over prices

The Turkish Trade Ministry imposed fines totaling 215.1 million lira on businesses in inspections conducted through the Wholesale Market Registration System over sharp rises in fruit and vegetable prices.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Memur-Sen to take flat-raise demand to Oct. 8 board meeting

Memur-Sen said it will take its demand for a flat raise to compensate civil servants and pensioners for income losses to the Public Personnel Advisory Board meeting on Oct. 8.

1
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

October rent ceiling set at 31.49%

The maximum increase that can be applied to residential and workplace rents in October was set at 31.49% on the basis of the Turkish Statistical Institute (TÜİK)'s September inflation data.

3
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Licensed warehouse fee rules published in Official Gazette

The Turkish Trade Ministry will be able to update licensed warehouse fee tariffs no more than twice a year, taking market conditions into account. The regulation entered into force after publication in the Official Gazette.

4
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Turkish banking regulator changes phone loan maturities, card payment limit

The banking regulator BDDK set the maturity for mobile phone loans at 12 months for devices costing 40,000 lira or less and 3 months for more expensive devices. It raised to 100,000 lira the limit up to which the 20% minimum payment rate applies on credit cards.

Economy

Turkish real estate sector welcomes Secure Payment System delay to Dec. 1

Real estate representatives welcomed pushing back the mandatory Secure Payment System for property sales to Dec. 1, saying work must be completed so the system functions at its best.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

12-kg kitchen cylinder rises 130 lira in three days

The 12-kilogram kitchen cylinder rose from 1,550 lira (TL) on 30 September to 1,680 lira today, up 130 lira in three days. LPG had faced an excise tax hike on 1 October.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Şimşek: Türkiye's central bank moves to ease SMEs' access to finance

Turkish Treasury and Finance Minister Mehmet Şimşek said Türkiye's central bank's (TCMB) steps on SME loans and reserve requirements will ease SMEs' access to finance. The growth limit for SME loans was raised from 4.5% to 5%.

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

Economy

Turkish steel exports to US up 955 percent

Turkish steel exports to the US rose 955 percent in August. In the first eight months of the year, sales to the EU fell 22 percent while sales to South America grew 67 percent.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

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