Kategori: 2252

  • Inflation data to be announced tomorrow – Latest News

    Inflation data to be announced tomorrow – Latest News

    The April inflation figures, which represent the fourth inflation data of the year, will be announced on Monday, May 4, by the Turkish Statistical Institute (TUIK). The change in CPI in March was 1.94 percent compared to the previous month, 10.04 percent compared to December last year, 30.87 percent compared to the same month last…

  • Expropriation decision for some TPAO fields in 4 cities

    Expropriation decision for some TPAO fields in 4 cities

    The decisions on the expropriation of the General Directorate of Mining and Petroleum Affairs (MAPEG) of the Ministry of Energy and Natural Resources were published in the Official Gazette. Accordingly, MAPEG, which examined TPAO's application, decided to expropriate various parcels in Ergene District of Tekirdağ, Silivri District of Istanbul and Lüleburgaz District of Kırklareli, which…

  • Minister Şimşek: The annualized export history is at its peak

    Minister Şimşek: The annualized export history is at its peak

    Minister Şimşek evaluated the foreign trade data for April in his post on his NSosyal account. Şimşek emphasized that exports increased by 22.3 percent annually in April due to the calendar effect, but the increase in imports was limited to 3.1 percent: “Annualized exports reached the highest level in our history at $275.8 billion. In…

  • Digital correspondence is secured with KEP

    Digital correspondence is secured with KEP

    Minister of Transport and Infrastructure Uraloğlu evaluated the works carried out within the scope of the CEP service. According to Minister Uraloğlu, seven of the nine organizations authorized to provide CEP services under the Turkish Commercial Code are actively operating. As part of the KEP service, which allows the exchange of information and documents on…

  • With its economic volume, Türkiye is at the top of the countries with a Muslim majority

    With its economic volume, Türkiye is at the top of the countries with a Muslim majority

    The IMF included current forecasts of countries' nominal GDP in the data map of the World Economic Outlook report released in April. Accordingly, it was estimated that Türkiye's GDP would rise to $1.64 trillion this year. In the said forecast, it was noteworthy that Türkiye was at the top in terms of economic size among…

  • 1.11 billion lira support for power plants

    1.11 billion lira support for power plants

    The list of payments to production facilities benefiting from the capacity mechanism has been published on TEİAŞ's website. Accordingly, under this mechanism, a total of 1 billion 110 million lira will be paid to 16 natural gas-fired power generation plants for March. Under the capacity mechanism, the highest payment will be made to 12 power…

  • New era in social media: The age limit of 15 years is in the official gazette

    New era in social media: The age limit of 15 years is in the official gazette

    Within the framework of the omnibus law published in the Official Gazette and in view of changes in various laws, important updates have been made to Law No. 5651 regulating publications on the Internet. The main themes of the regulation, which aims to ensure the safety of children in digital environments, were as follows: Restriction…

  • “The most important step is to accelerate the transition to clean energy.”

    “The most important step is to accelerate the transition to clean energy.”

    The IEA High Level Energy Transition Dialogue Meeting takes place at the IEA (International Energy Agency) headquarters in Paris, the capital of France. The meeting was attended by the Ministerial Institution, Deputy Minister of Environment, Urbanization and Climate Change Fatma Varank, IEA President Fatih Birol, COP21 President and COP Presidential Advisory Group President Laurent Fabius,…

  • With the new tax regime, Türkiye will become a transit trade center

    With the new tax regime, Türkiye will become a transit trade center

    The work carried out since last year to turn Türkiye into a regional trade center and increase its export capacity has been completed. One of the most important provisions in the package, the details of which President Erdoğan announced to the public last week, was the promotion of transit trade. Income from transit trade for…

  • The standstill in Hormuz caused oil prices to rise to $110

    The standstill in Hormuz caused oil prices to rise to $110

    The forward barrel price of Brent oil, which ended yesterday at $104.4, rose 5.32 percent compared to today's closing price of 16.53 to reach $109.95. At the same time, a barrel of West Texas Intermediate (WTI) crude oil was purchased for $105.12, an increase of 5.19 percent. The price increase was influenced by news that…