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Turkey hikes electricity prices by 14.9 percent as of October 1
Turkey's electricity consumers have been whacked with a 14.9% price hike from October 1, with the result that…
Turkey hit by another diesel price hike
Turkey's economy is set to take another knock as authorities increased the price of diesel.
A Turkish court orders assets of Erdogan ally’s construction company…
The Bakırkoy Commercial Court in Istanbul ordered the seizure door assets of Nas Construction, the owner of which, …
47,000 Turkish citizens owe more than 1 million lira in tax debts
The number of people with tax debts of more than 1 million lira increased by 51 percent to 47,032 people from…
Turkey’s annual inflation rate slipped to 15.01% in August
The Turkish Statistical Institute (TUIK) announced on Tuesday that the country’s inflation rate increased 0.86…
Istanbul Municipality increases taxi fare by 25 percent
The Istanbul Metropolitan Municipality has announced a significant price increase in the average taxi, school bus…
Flash Crash Hits Turkish lira, plummeting 15% in seconds
The Turkish lira fell more than one percent against the U.S. dollar on Monday and fell to as low as 6.38 to the…
Turkish lira weakens as Central Banks’ reserve ratio requirements revised
The Turkish lira yesterday lost 1.34 percent of its value against the US dollar and traded at 5.6579 in the…
Diesel and petrol prices rise in Turkey as lira weakens
The Employers Union of Energy Petroleum Gas Supply Stations (EPGİS) has announced that the diesel price increased…
Turkish industrial production declines above estimates by 3.9 percent
A report by the Turkish Statistical Institutes’ (TUIK) from June shows that industrial production declined above…