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TÜİK to publish weights for inflation calculations Turkey’s official statistics agency (TÜİK) will soon make public the weighted categories in a basket of items used to measure the inflation rate, the agency’s chairman Birol Aydemir said in a recent interview. |
Turkey’s becomes third most promising market According to research conducted by 373 Japanese firms, Turkey has risen from fifth most promising market up to third. |
Dexia unit posts record high profits Denizbank, the Turkish unit of Belgium’s Dexia, announced on Nov. 4 its third quarter profits increased almost six-fold, as Turkish lenders and corporations keep on posting profits for the period. |
Germany makes highest investment in Turkey Germany is on top of the countries which make investments in Turkey. |
Taxes by small firms down in Turkey The total number of small retailers actively paying taxes in Turkey decreased by 13,147 in the past 12 months, according to official data. The number of small retailers paying simple entry taxes decreased down to 720,304 by the end of September compared with 733,511 in the same period of last year. |
Turkish assets firmer ahead of holiday The Turkish lira was firmer against the dollar on Friday, supported by demand for the currency ahead of a public holiday next week and as risk appetite was nudged up by hopes Greece will abandon a planned referendum on a bailout deal. |
Turkish, Israeli company gets ‘Firm of the Year’ council prize The Afifi Group’s United Nazareth Bus Service (UBSI), an Israel-based producer of transportation vehicles and a partner with Turkey’s BMC, was awarded the Israel-Turkey Business Council’s yearly award for 2010 on Nov. 4. |
‘Europe should learn a lesson’ In 2001, Turkey waited at the IMF’s door for a billion dollars worth of aid and would look to developed countries with envy. Ten years later, Turkey is teaching a lesson in economy at the G20 summit. The richest businessmen from 20 different countries have asked Prime Minister Erdoğan to reveal the secrets of Turkey’s economic success. |
Inflation will continue to rise in Turkey, says Central Bank The Central Bank of Turkey said on Friday the country´s inflation rate would climb higher through the end of the year, an inescapable result in the face of rapid growth in domestic demand. |
Eastern businesses keep exports high Turkish economy minister and businessmen announce export figures for October in Hakkari, the southeastern province hit by a terror attack two weeks ago. |
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