Economy news in Türkiye · Page 7

The Ankara Chief Public Prosecutor's Office reported that 23 suspects were detained in an operation in 11 provinces. Procedures continue against a total of 33 suspects, including 10 in prison, with 4 abroad and 10 at large.…

Transport and Infrastructure Minister Abdulkadir Uraloğlu announced that the DE 10000 shunting locomotive, produced by TÜRASAŞ in Eskişehir with 90 percent domestic content, was exported to Tanzania.…

The TÜRK-İŞ Board of Presidents requested that tax brackets be arranged so as not to victimize wage earners and that a fair tax system be established. The statement also demanded the strengthening of union rights.…

Energy and Natural Resources Minister Alparslan Bayraktar announced that Türkiye plans to put its first small modular reactor into operation in the early 2030s. He made the announcement at the Türkiye Investment Conference in New York.…

It has been announced that the production partnership in Eskişehir of Chinese car brand SWM, which entered the Turkish market in 2023, has ended. Mass production had begun in December 2025.…

According to the report by BETAM and sahibinden.com, real prices of homes for sale across Türkiye fell 8.4 percent year-on-year in August.…

TÜİK announced that the total industrial producer price index increased by 2.9% monthly and 29.39% annually in August.…

German chemical company Bayer announced it will close its crop protection products plant in Gebze, where it has produced for 60 years, at the end of 2027.…

In banking, new-generation ATMs without a keypad or card slot are becoming widespread. Cash withdrawals and approvals are handled entirely through mobile apps.…

OECD raised its 2026 headline inflation forecast for Türkiye to 31.5% and the 2027 forecast to 24.7%. It revised growth expectations downward.…

Vice President Cevdet Yılmaz announced that a new financing package of 250 billion liras has been made available for companies targeting capacity increases. Yılmaz also reiterated the export target of 450 billion dollars for 2029.…

MASAK announced that in the FATF report published on September 23, Türkiye was found compliant with 38 of the 40 recommendations, and that there was no strategic deficiency or grey list risk. Of the 11 outcomes, 3 were considered largely effective and 8 moderately effective.…

According to Central Bank (TCMB) September data, the share of those planning to buy gold rose to 43 percent while the share of those wanting to turn to real estate fell to 33.6 percent.…

The Asian Development Bank cut Türkiye's 2026 growth forecast to 2.8 percent and raised its inflation forecast to 31.5 percent. In the Central Bank's survey, households' 12-month inflation expectation was 45.6 percent.…

The Treasury and Finance Ministry raised the monetary limits in MASAK's customer identification measures. Some thresholds for prepaid cards and electronic money transactions were doubled.…

The Central Bank of the Republic of Türkiye's decision dated September 18 revoking Papel's license was published in the Official Gazette on September 23, and the company's services stopped. A TMSF trustee had been appointed to the company early this year, and 15 people had been arrested in the investigation.…

According to the communiqués of the Treasury and Finance Ministry in the Official Gazette, the UN Security Council sanctions list will be transmitted to MASAK through the Foreign Ministry and published on the institution's website. Obliged institutions will report these transactions to MASAK and take measures for postponement.…

The Trade Ministry decided to apply a definitive anti-dumping measure on imports of connection boxes for solar panels originating from China.…

With the communiqué prepared by the Agriculture and Forestry Ministry, the upper limit within the scope of support in pufferfish fishing was raised from 200,000 to 1 million fish.…

TCMB Governor Fatih Karahan stated in his presentation at the Türkiye Investment Conference held in New York that the disinflation process continues.…

According to the TÜİK-Central Bank survey, the consumer confidence index rose 1.3% to 91.9 in September; this is the highest level since July 2018.…

As part of investigations by the Istanbul and Ankara Chief Public Prosecutor's Offices, access was blocked to numerous X accounts identified as having made speculative posts that could cause panic among investors.…