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Turkey releases official 1Q GDP growth at 2.5% y/y
By Akin Nazli in Belgrade Turkey’s official gross domestic product (GDP) expanded by 2.5% y/y in 1Q26 after growing by 3.4% in 4Q25 and 3.7% in 3Q25, the Turkish Statistical Institute (TUIK, or …
Turkey’s manufacturing nears stabilisation, PMI hits highest since March 2024
ISTANBUL, June 1 (Reuters) – Turkey’s manufacturing sector neared stabilisation in May as output returned to growth and export orders rose for the first time in 21 months, a business survey showed on …
Yokogawa Wins Order to Provide Control System and Field Instruments for Gas-fired Power Plant in Turkmenistan
TOKYO–(BUSINESS WIRE)–Yokogawa Electric Corporation (TOKYO:6841) announces that its subsidiary Yokogawa Turkey Industrial Automation Solutions A.S. (Yokogawa Turkey) has won an order to provide a …
Yokogawa Wins Order to Provide Control System and Field Instruments for Gas-fired Power Plant in Turkmenistan
TOKYO–(BUSINESS WIRE)–Yokogawa Electric Corporation (TOKYO:6841) announces that its subsidiary Yokogawa Turkey Industrial Automation Solutions A.S. (Yokogawa Turkey) has won an order to provide a …
Iraq’s Oil Collapse Sparks Race for New Export Routes
Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline.
Iraq’s Oil Collapse Sparks Race for New Export Routes
Baghdad is urgently trying to revive northern export routes through Turkey, including the Kirkuk-Ceyhan system and a new Kirkuk-Nineveh pipeline.
Turkey sacrifices American treasury holdings in defence of lira amid Iran war
By Akin Nazli in Belgrade Turkey’s central bank has offloaded its US Treasury holdings in a reconfiguration of its FX liquidity position amid the latest chapter of the Iran War. The move can be seen …
Turkey Liquidated Almost All US Treasury Holdings in March
(Bloomberg) — Turkey offloaded almost all of its US Treasuries in March as it stepped up efforts to defend the lira amid intense economic pressure from soaring energy costs. The amount of Treasuries …
TAM-Meghna venture kicks off, eyes half of Bangladesh’s $400m hanger market
A Turkish-Bangladesh joint venture has begun commercial production of plastic garment hangers, targeting a slice of a market estimated at $300-$400 million. The factory – set up by Turkey’s TAM …