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21.2 billion TL investment in information and communication technologies
Business

21.2 billion TL investment in information and communication technologies

Bywadmin June 9, 2023

According to the compilation made from the data of the Presidency of Strategy and Budget, an appropriation of 21 billion 203 million TL was allocated for 335 projects within the scope of ICT investments of…

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Exports of furniture, paper and forestry products exceeded 3.3 billion dollars
Business

Exports of furniture, paper and forestry products exceeded 3.3 billion dollars

Bywadmin June 9, 2023

According to the information compiled from the data of the Turkish Exporters Assembly (TIM), Turkey’s exports for the last 12 months reached 254.4 billion dollars as of the end of May, while the export figure…

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Banking sector loan volume reached 9 trillion 261.5 billion TL
Business

Banking sector loan volume reached 9 trillion 261.5 billion TL

Bywadmin June 8, 2023

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by 132 billion 631 million TL as of June 2. In the said period,…

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CBRT reserves reached 100.5 billion dollars
Business

CBRT reserves reached 100.5 billion dollars

Bywadmin June 8, 2023

Weekly Money and Bank Statistics were published by the CBRT. Accordingly, as of June 2, the gross foreign exchange reserves of the Central Bank increased by 1 billion 721 million dollars to 58 billion 240…

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Foreign trade volume with Turkish lira exceeded 287 billion liras
Business

Foreign trade volume with Turkish lira exceeded 287 billion liras

Bywadmin June 6, 2023

According to the data of the Ministry of Commerce, Turkey’s exports increased by 14.4 percent in May to 21.7 billion dollars. This was recorded as the highest May export value of all time. Imports, on…

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9.8 billion dollars net profit expectation from the airline industry
Business

9.8 billion dollars net profit expectation from the airline industry

Bywadmin June 5, 2023

IATA 79th Annual General Assembly and World Air Transport Summit continue in Istanbul. Within the scope of the event, IATA’s 2023 projections were also shared. Commenting on the expectations, IATA Director-General Willie Walsh said that…

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“We will set a new record with $265 billion in exports this year”
Business

“We will set a new record with $265 billion in exports this year”

Bywadmin June 5, 2023

According to the statement made by the Turkish Exporters’ Assembly (TIM), TIM has now completed the fifth study in the “export report” series it has become traditional. In the study, which was prepared with the…

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Turkish contractors undertake 6.5 billion dollars of work abroad
Business

Turkish contractors undertake 6.5 billion dollars of work abroad

Bywadmin June 3, 2023

According to the compilation of data from the Ministry of Commerce, the overseas contracting sector undertook 11,745 projects worth $479.5 billion in 133 countries from 1972 until the end of May. Despite the serious political…

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Banking sector loan volume was 9 trillion 129 billion liras last week
Business

Banking sector loan volume was 9 trillion 129 billion liras last week

Bywadmin June 1, 2023

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by 64 billion 824 million TL as of May 26. In the said period,…

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Central Bank reserves were 98.5 billion dollars
Business

Central Bank reserves were 98.5 billion dollars

Bywadmin June 1, 2023

Weekly Money and Bank Statistics were published by the CBRT. Accordingly, as of May 26, the gross foreign exchange reserves of the Central Bank decreased by 2 billion 306 million dollars to 56 billion 519…

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