All posts by: M.Emin Bilgener

by in Turkish Economy and Business Life

Turkish Central Bank in Works to Release Digital Currency

According to the statement released by the Central Bank of the Republic of Turkey (CBRT), the bank signed an agreement with defense and technology firms Aselsan and Havelsan, and the Scientific and Technological Research Council of Turkey (TUBITAK) for the research, development and testing processes of potential digital Turkish lira. In the statement, it is […]

by in Turkish Economy and Business Life

Turkish Economy Grows 21.7% in Q2 2021

According to the data of the Turkish Statistical Institute (TurkStat), Turkey’s economy has shown a growth rate of 21.7% in the second quarter of 2021. With this growth, the country established its highest-ever expansion since 1999 and ranked 2nd in the world after the UK. GDP at current prices reached USD 188,566 million in the […]

by in Turkish Economy and Business Life

New Company Launches Soar in Turkey

In June 2021, 9 thousand 560 companies were established, and this number increased by 113.4% compared to the previous month in Turkey. According to the data published by the Turkish Union of Chambers and Commodity Exchanges (TOBB), the number of companies established increased by 113.4% compared to the previous month, and thus a total of […]

by in Turkish Economy and Business Life

Turkey Rank 7th To Live And Work

According to a new survey conducted by the British transnational bank HSBC, Turkey has ranked seventh for expatriates among 163 countries around the world. The survey examines countries in terms of quality of life, work and life balance, financial revenues and family life, which is regarded as one of the most comprehensive surveys of expatriates.

by in Turkish Economy and Business Life

Expectations of Turkey’s Economic Growth in 2020

Turkey has entered a strong rebalancing period and posted an all-time record high for its current account surplus. Country’s 12-month rolling surplus amounted to $4.3 billion in October 2019 which stands in stark contrast to the USD 38.9 billion deficit recorded in the 12 months up to October 2018.

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