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Economy
Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.
Minister Kurum Announces Latest Progress on Disaster Housing in Balıkesir's Sındırgı and Bigadiç
Minister of Environment, Urbanization and Climate Change Murat Kurum shared updates on the 974-unit disaster housing project and the allocation of social housing for earthquake victims in Balıkesir.
TPAO's Oil Move in Southeast: 140 New Wells to be Opened by End of 2026
Drilling activities are accelerating in Batman, Diyarbakır, Siirt, and Mardin, which account for 28% of Turkey's crude oil production. TPAO aims to open 140 new wells in the region by the end of 2026 to bolster energy supply.
New Era in Money Transfers: Mandatory Descriptions for Transactions Over 400,000 TL
Starting March 15, 2026, money transfers in Turkey exceeding 400,000 TL will require a minimum 20-character description. Higher-value transactions will face tiered documentation and declaration requirements to combat the informal economy.
Rough Construction Completed for Disaster Housing in Balıkesir's Sındırgı: 974 Units Under Construction
Minister Murat Kurum announced that rough construction is complete for 974 disaster housing units in Balıkesir's Sındırgı and Bigadiç districts, with delivery expected within a year.
Eksim Enerji Launches "Just Enough" Project in Osmaniye: Aiming to Reach 2,000 Students
Eksim Enerji has launched its "Just Enough" project in Osmaniye to promote sustainability among younger generations, providing hands-on environmental training to 200 students in its first session.
Germany's Ifo Business Climate Index Exceeds Expectations, Rising to 90.5 Points in February
The Ifo Business Climate Index in Germany rose to 90.5 points in February, surpassing market expectations as recovery signals in the manufacturing sector boost optimism.
Critical Week for the Retiree Holiday Bonus Increase: Three Formulas on the Table and Payment Schedule
A legal amendment to raise the holiday bonus for millions of retirees is expected to be presented to the Turkish parliament this week, with a possible increase to 6,000 TL and payments planned for March.
Card Payments in Turkey Exceed 2.3 Trillion Lira in January
Card payment volume in Turkey surged 45% year-on-year in January to reach 2.326 trillion lira, driven by credit card usage and a significant rise in contactless transactions.
European Markets Mixed Amid US Tariff Decisions and Geopolitical Risks
European stock markets started the week with mixed performance following US President Trump's global tariff announcement and subsequent legal tensions. While German and French indices faced declines, markets in Italy and Spain showed resilience.
Minister Işıkhan Announces 51 Billion Lira Support Package for Manufacturing Sector
Minister of Labor and Social Security Vedat Işıkhan announced a 51 billion TL allocation from the Unemployment Insurance Fund to support the manufacturing sector, aiming to protect 1.1 million jobs and facilitate financing for SMEs.
German Chancellor Friedrich Merz's Visit to China: Economic Balances and Strategic Partnerships
German Chancellor Friedrich Merz will embark on a three-day official visit to China on February 24, aiming to reduce the trade deficit and strengthen strategic cooperation amid global geopolitical uncertainties.
Turkey Mining Exchange to Launch in 2026: A New Era for Strategic Minerals
Turkish Miners Association President Mehmet Yılmaz announced that a new mining exchange, designed to provide transparent pricing and financial depth, is expected to become operational by 2026.