Kalekim Lyksor Chemical Launches Mass Production at Its Istanbul Branch

Foreks - Kalekim has commenced mass production at its subsidiary, Kalekim Lyksor Kimya Sanayi A.Ş.'s branch in Istanbul.

In a statement made by Kalekim to the P...

Trade Deficit Soars to $7.5 Billion

In November, the foreign trade deficit increased by 24.9% compared to the same month of the previous year, rising from 5 billion 973 million dollars to 7 billion ...

The Central Government Budget Law for 2025 Has Been Published

The Central Government Budget Law for the year 2025 was published in the repeated issue of the Official Gazette.

Competition Authority Fines Kadıoğlu Stationery 7.43 Million TL

The Competition Authority has imposed an administrative fine of 7.43 million TL on Kadıoğlu Kırtasiye. It was decided that Kadıoğlu Kırtasiye Pazarlama Ticaret AŞ...

Arkas Line Med Adds India to Its Service Network

Arkas Line Mediterranean has added India to its service network. Ranked 32nd in the World Shipowners' List, Arkas Line Mediterranean is expanding its service netw...

MARKET OUTLOOK - Service Sector Price Rigidity Eases, First Decline in 38 Months

In November, price rigidity in the service sector in Turkey showed a relaxation for the first time. According to the Turkish Statistical Institute (TSI), there wa...

Energy Import Bill Increased by 8.8% in November

In November, Turkey's energy import bill increased by 8.8% compared to the same month last year. According to the Turkish Statistical Institute (TÜİK), the import...

AİMSAD/Kaçak: We Must Address Visa Issues, Problems in the Subindustry, and Access to Financing to Ensure Sustainable Exporting

The woodworking machinery sector, which has maintained a current account surplus since 2017 and increased the ratio of exports to imports to around 160%, highligh...

Service Producer Price Index Decreased by 0.76% Monthly

In November 2024, the Producer Price Index (PPI) decreased by 0.76% compared to the previous month, increased by 48.12% compared to December of the previous year,...

The Share of Domestic Supply of Tourism Products in Consumption Reached 3.7% in 2023

Forex - The total consumption value for tourism purposes in our country was 2 trillion 374 billion 645 million 920 thousand TRY in 2023. The share of total consum...

MARKET OUTLOOK - The Stock Exchange Has Started the Last Trading Day of the Year on a Negative Note

Forex - The BIST 100 index started the day with a decrease of 32.32 points, at 9857.39 points.
According to the Forex News survey, a 13.0 point increase was exp...

METEOROLOGY - No Precipitation Expected on the First Day of 2025

Forex - It is expected that our country will be under the influence of a high-pressure system at the beginning of the year and on the first days of 2025, generall...

TANKER REPORT - The Bosphorus Strait Will Open for Transit at Noon

Forex - As of 13:10 today, the Istanbul Bosphorus will be open for southbound transit passages.

The Environmental Impact Assessment Process for Ulusoy Un's Uluen Wind Farm Project Has Begun

The Environmental Impact Assessment (EIA) process has begun for the Uluen Wind Power Plant project planned by Ulusoy Un (IS:ULUUN).

In a statement on the websit...

The EIA Process for Tureks Mining's Quarry Project Has Begun

The Environmental Impact Assessment (EIA) process has commenced for the planned marble quarry project by Tureks Turunç Madencilik (IS:MARBL).

In a statement on ...

Swiss National Bank Acquires More Foreign Currency in Q3

Forex - The Swiss National Bank (SNB) purchased foreign currency amounting to 728 million Swiss francs in the third quarter of 2024. In the second quarter, the ce...

RENEWAL - A Memorandum of Agreement Signed Between YENILEME-1000 Investment Holding and Huawei

Foreks - Huawei and 1000 Investments Holding (IS:BINHO) have signed a Memorandum of Understanding (MoU) to establish a strategic partnership in the fields of sust...

Market Outlook - US Dollar Faces Mild Selling Pressure Due to Profit-Taking

Forex - The dollar is decreasing as investors adjust their portfolios at the end of the year, particularly after the remarkable gains attributed to the U.S. curre...

Citi: China's Supply-Demand Dynamics Have Improved, But the Economy Is Still Not Out of the Woods

Citi analysts stated that China's supply-demand dynamics are improving, but the economy has not yet fully recovered. According to the analysts, supportive real es...

Iron Ore Prices Plummet Over 15% in 2024 Due to Declining Chinese Demand and High Port Stocks

Forex - Iron ore futures ended 2024 with a sharp decline of over 15%, driven by weakening demand, weak steel margins, and high port stockpiles in the largest cons...

DCT Trading Executes Cotton Sale Worth 76 Million TL

Foreks - DCT Trading has completed a cotton sale worth 76 million TL. According to the statement made to KAP, the effective utilization of the proceeds from the p...