Tag: türkiye
35% Increase in Bottled Water Usage in Turkey Due to Hot Weather
The rising temperatures in Türkiye are leading to an increase in the consumption of bottled water. Sales of bottled water, including large jugs and plastic bottles, have gone up by
DetailTurkish Banks Praised for Strong Capital Structure by EBRD
The Turkish banking sector remains resilient with a strong capital base despite fluctuations in profitability, as stated by a senior official at the European Bank for Reconstruction and Development (EBRD).
DetailPerks to Transform Türkiye into a Startup Launchpad
Countries worldwide are competing to attract talent in next-generation technologies through visa and investment incentives for skilled professionals and innovative startups. Türkiye has launched the TechVisa program to offer privileges
DetailTurkish government to revise medium-term program while maintaining key policy framework
Türkiye is set to update its medium-term program (MTP) with no major changes to its core framework, according to Vice President Cevdet Yılmaz. The update, scheduled for the first week
DetailTürkiye’s New FDI Strategy: Becoming a Production and Export Hub
Turkey’s Foreign Direct Investment (FDI) strategy aims to attract investments that will position the country as a key production and export hub globally. The strategy, outlined in a document titled
DetailEmine Erdoğan celebrates African cuisine and culture in New York
Emine Erdoğan, the first lady of Türkiye, recently organized a cultural celebration called “Tastes of Africa: A Festival of Culture, Cuisine and Friendship” at the Turkish House in New York.
DetailOECD Increases Global GDP Growth Prediction, Recommends Higher Property Taxes
The Organisation for Economic Co-operation and Development (OECD) has revised its global economic growth forecast for 2024 slightly upward. The OECD recommends implementing higher property and environmental taxes to address
DetailTurkey’s sustainable investment potential attracts international investors
Investment Office of Türkiye recently attended the U.N. General Assembly to attract more investors and promote sustainable investment opportunities in the country. The office also launched an ad campaign in
DetailTürkiye’s Rating Upgrade Receives Positive Feedback from Analysts
Moody’s recent decision to upgrade Turkey’s credit rating by two notches has been received positively by experts and analysts. This upgrade comes after improvements in governance, monetary policy, and progress
DetailTurkey’s energy supply strategy transitioning towards flexible gas contracts
Turkey is making significant changes in its energy supply portfolio to move away from long-term gas contracts and towards more flexible agreements. This shift is aimed at improving the competitiveness
Detail