Economy

Economy category that groups up-to-date and relevant content under a clear thematic scope for easier discovery and consistent editorial organization.

TOKİ Social Housing Lottery Held in Çanakkale: 3,276 Beneficiaries Determined

TOKİ Social Housing Lottery Held in Çanakkale: 3,276 Beneficiaries Determined

Date: 2/20/2026, 1:14:37 PM Views: 3

The lottery for 3,276 social housing units to be built across Çanakkale has been completed, with beneficiaries selected from nearly 30,000 applicants in a ceremony held before a notary.

Minister Şimşek on Tax Hikes and Economic Policies: "Not on Our Agenda"

Minister Şimşek on Tax Hikes and Economic Policies: "Not on Our Agenda"

Date: 2/20/2026, 1:12:33 PM Views: 9

Treasury and Finance Minister Mehmet Şimşek has ruled out VAT and corporate tax increases, highlighting positive trends in investor interest, credit ratings, and the disinflation process.

Minister Şimşek Responds to Tax Increase Claims: "Not on Our Agenda"

Minister Şimşek Responds to Tax Increase Claims: "Not on Our Agenda"

Date: 2/20/2026, 1:12:33 PM Views: 8

Treasury and Finance Minister Mehmet Şimşek has clarified that there are no plans to increase corporate tax or VAT rates, while highlighting growing international investor interest in Turkey.

Minister Kacır: Turkey's Industrial Value Added Rises to $241 Billion

Minister Kacır: Turkey's Industrial Value Added Rises to $241 Billion

Date: 2/20/2026, 1:11:18 PM Views: 5

Industry and Technology Minister Mehmet Fatih Kacır announced that Turkey's industrial value added has reached $241 billion and exports have hit $273 billion, while highlighting ongoing industrial investments in the earthquake-stricken region.

Minister Kacır: Turkey's Industrial Value Added Reached $241 Billion

Minister Kacır: Turkey's Industrial Value Added Reached $241 Billion

Date: 2/20/2026, 1:11:18 PM Views: 4

Industry and Technology Minister Mehmet Fatih Kacır announced that Turkey's industrial value added has risen to $241 billion and exports to $273 billion over the last 23 years, while highlighting ongoing development projects in earthquake-hit regions.

Ministry of Trade Launches Exorbitant Price Inspections in 81 Provinces Ahead of Ramadan

Ministry of Trade Launches Exorbitant Price Inspections in 81 Provinces Ahead of Ramadan

Date: 2/20/2026, 1:09:40 PM Views: 2

The Ministry of Trade is conducting simultaneous price tag and exorbitant price inspections across 81 provinces to prevent unfair price hikes on basic food and consumer products before Ramadan.

Non-Bank Financial Sector Reaches 3.8 Trillion Lira Transaction Volume in 2025

Non-Bank Financial Sector Reaches 3.8 Trillion Lira Transaction Volume in 2025

Date: 2/20/2026, 1:05:26 PM Views: 1

According to Financial Institutions Association (FKB) data, the non-bank financial sector reached a transaction volume of 3.878 trillion liras in 2025, with its share of GDP rising to 6.5%.

Non-Bank Finance Sector Reaches 3.8 Trillion Lira Volume in 2025: Record Growth in Savings Finance

Non-Bank Finance Sector Reaches 3.8 Trillion Lira Volume in 2025: Record Growth in Savings Finance

Date: 2/20/2026, 1:05:26 PM Views: 3

According to Financial Institutions Association (FKB) data, the non-bank finance sector reached a transaction volume of 3.878 trillion lira in 2025, with the savings finance sector leading with a record 261.8% growth.

E-Commerce Volume Increased by 20 Percent During Ramadan: Instant Soup and Meat Products Most Preferred

E-Commerce Volume Increased by 20 Percent During Ramadan: Instant Soup and Meat Products Most Preferred

Date: 2/20/2026, 1:01:12 PM Views: 8

According to data from last year's Ramadan period, e-commerce transaction volume rose by 20 percent, with instant soup, red meat, and dates emerging as the most sought-after products.

Minister Şimşek: No Increase in Basic Tax Rates on the Agenda

Minister Şimşek: No Increase in Basic Tax Rates on the Agenda

Date: 2/20/2026, 12:52:19 PM Views: 4

Treasury and Finance Minister Mehmet Şimşek announced that there are no plans to increase VAT, Income, or Corporate Tax rates, while highlighting progress in the disinflation process and economic targets.

Turkey and Saudi Arabia Sign 2,000 Megawatt Solar Energy Agreement

Turkey and Saudi Arabia Sign 2,000 Megawatt Solar Energy Agreement

Date: 2/20/2026, 12:44:58 PM Views: 2

Electricity Generation Inc. (EÜAŞ) and Saudi-based ACWA Power have signed a power purchase agreement for 2,000-megawatt solar power plants to be established in Sivas and Karaman.

European Stock Markets Trend Upward: German and UK Data Exceed Expectations

European Stock Markets Trend Upward: German and UK Data Exceed Expectations

Date: 2/20/2026, 12:43:46 PM Views: 5

European markets are ending the week on a high note, supported by Germany's growth projections and strong retail sales data from the United Kingdom.

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