Turkish liras
- Business
Turkiye’s budget deficit at $10 Billion in January-February
Budget revenues total $38.25B, expenditures $48.5B, official data shows Türkiye’s central government budget posted a deficit of 304.5 billion liras…
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Turkish stock exchange up at weekly open
BIST 100 index earns some 53.8 points at opening session The Turkish benchmark stock index opened Monday at 8,400.05 points,…
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Turkiye: Pensions to be increased by 43 percent
Pensions will be increased by a total of 42.6 percent for the first six months of 2024, President Recep Tayyip…
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Turkiye: Labor shortage drives wages up in construction sector
Costs in the construction sector have been on the rise last year, but higher labor costs were particularly striking, the…
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Turkiye: Rents expected to fall with new Airbnb regulation
New regulations on daily accommodation rentals for tourism purposes, a practice said to be negatively impacting the housing market, will…
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Turkish private sector’s foreign debt down to $157.8B in October
Long-term loans total $149.1B, short-term $8.7B Turkish private sector’s outstanding debt from foreign countries was $157.8 billion in October, down…
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Turkiye: Minimum wage talks set to kick off
The commission, comprised of representatives from the government, employers’ and labor unions, is set to hold the first round of…
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Turkiye: Energy efficiency in public buildings may save 40 billion liras
The Energy Ministry estimates that the efficiency projects to be implemented in public buildings have the potential to generate savings…
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Net profit of Turkish banking sector up 52.5% in January-September
Total assets of sector reach $772.9B as of end-September, up 61.1% year-on-year Türkiye’s banking sector posted a net profit of…
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Turkiye posts budget deficit of $4.6 Billion in September after two months of surplus
Turkiye’s central government budget recorded a deficit of 129.2 billion Turkish liras (approximately $4.63 billion) in September, following two consecutive…
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