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Minister Şimşek Shares Tax Data: Share of Indirect Taxes Drops to 62%
Treasury and Finance Minister Mehmet Şimşek announced that the share of indirect taxes has decreased to 62% and the number of taxpayers has exceeded 6.2 million as part of efforts to strengthen tax justice and combat the informal economy.
Historic Record in Savings Finance Sector: Customer Base Surpasses 1.1 Million
Driven by high interest rates and rising real estate prices, the savings finance sector has reached record levels with over 1.15 million customers and a transaction volume exceeding 1.2 trillion TL.
Tariff Crisis Between Trump and Supreme Court Shakes Global Markets
A legal conflict between U.S. President Donald Trump’s tariff decisions and the Supreme Court has heightened market uncertainty, driving gold prices to record highs while causing sharp losses in Bitcoin and stock markets.
Judicial Proceedings Against CHP and Ekrem İmamoğlu Dominate Political Agenda
Following underperforming economic data, the government is allegedly shifting its strategy toward judicial pressure on the opposition, specifically targeting Istanbul Mayor Ekrem İmamoğlu and CHP leadership.
Vakıf Katılım and MEVKA Provide Digital Collateral Support to Seed Sector
Vakıf Katılım and the Mevlana Development Agency (MEVKA) have signed a strategic cooperation protocol utilizing the Guaranteed Fund Transfer (GFT) system to facilitate financing for SMEs in the seed industry.
100 Billion TL Support Package for Manufacturing Industry: Loan and Employment Incentives Begin
The Turkish government has launched a 100 billion lira financing and employment support package for the manufacturing sector, featuring low-interest loans and cash incentives for job protection.
Competition Board Imposes 13.2 Billion Lira in Fines Over Last Three Years
The Turkish Competition Board has issued administrative fines totaling 13.23 billion lira following 157 investigations conducted between 2023 and 2025.
$4.5 Billion Volume in Ready-to-Eat Food Sector: Three-Month Contract Period Begins
Turkey's ready-to-eat food sector, valued at $4.5 billion, is shifting to a three-month contract model to manage rising costs. While tas kebabı has emerged as the top meal choice among employees, the industry continues to prioritize the fight against unregistered businesses.
Turkey's Solar and Wind Energy Installed Capacity Surpasses 40,000 Megawatts
Turkey's combined solar and wind energy capacity has exceeded 40,000 megawatts, reaching one-third of the 120,000-megawatt target set for 2035.
Oil Push in Southeast Anatolia: Four Provinces Account for 28 Percent of Turkey's Production
Batman, Diyarbakır, Siirt, and Mardin produce 35,085 barrels of oil daily, with TPAO aiming to increase the number of wells in the region to 140 by 2026.
GM Teknik Glass Workers' Strike in Amasya Merzifon Reaches 220th Day
110 workers at the GM Teknik Glass factory in Amasya Merzifon have reached the 220th day of their strike over wage and social rights disputes. Members of the Kristal-İş Union state they will continue their action until their demands for humane living standards are met.
AI and Tariff Shock on Wall Street: Sharp Sell-off in Tech Stocks
U.S. stock markets opened the week with significant losses as concerns over artificial intelligence disrupting traditional business models combined with new global tariff threats. A sharp decline in IBM shares and escalating trade tensions weighed heavily on investor sentiment.