Hike İn

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Fitch expects modest economic recovery in Turkey in 2017

The Tree Ring - Hike-In Show

Keman eşliğinde hazırlanmış harika bir müzik.

#Hike İn

Local pharma firm expands production

ISTANBUL - Deva Holding, which is planning to improve its Çerkezköy facilities, has also invested 5 million euros in new machinery. The pharmaceutical company’s plans also include steering toward Europe and the United States to increase exports. Deva believes such a strategy will be more rewarding over the long term

Green shoots a la turca

Spring has arrived, and along with it "green shoots." I am not talking about horticulture, but the new buzzword for signs of recovery from the crisis. While I have my own green shoots as well, I think it is way too early to start rejoicing.

No hike in price of gas, says minister

ANKARA - Reports about Azerbaijan increasing the price of natural gas it sells to Turkey is simply false, Energy Minister Hilmi Güler said yesterday.

Murky attacks in Iraq spark fear

BAGHDAD - Recent bombings and clashes feed fears among Iraqis that their country may be sliding back into violence as US troops prepare to pull out and the general election nears. Baghdad blames the violence on Saddam Hussein's Baath Party, but concerns also grow over intra-Shiite rivalry

GOOD MORNING--TURKEY PRESS SCAN ON FEB 19

These are some of the major headlines and their summaries in the Turkish press on Feb. 19, 2009. Hurriyet Daily News Online does not verify these stories and does not vouch for their accuracy.

GOOD MORNING--TURKEY PRESS SCAN ON JAN 26

These are some of the major headlines and their summaries in the Turkish press on Jan. 26, 2009. Hurriyet Daily News Online does not verify these stories and does not vouch for their accuracy.

Bracing for grim outlook on jobless

ISTANBUL - Unemployment, which has been a chronic problem since the 2001 economic crisis, has been getting worse, according to a report by the Turkish Statistical Institute, or TÜİK, revealing October 2008 data.

Households under burden of gas bills in Turkey

ISTANBUL - With November's hike in natural gas prices, the cost for households has increased 72.7 percent, while costs for industry have risen 74.9 percent since the beginning of 2008.

Slum areas one step closer to becoming posh

ISTANBUL - Certain areas of the city, tagged as ’varoş’ (suburban slums) are becoming popular targets for developers. Yenibosna, Güneşli, Mahmutbey and Bağcılar were once slums but now carry a high potential of becoming trade centers.

The humbling of the economist

The most puzzling aspect of the Turkish slowdown has been the trigger-happiness of the economy. Producers and consumers alike have sharply pulled back during the second half.

GOOD MORNING--TURKEY PRESS SCAN ON DEC 26

These are some of the major headlines and their summaries in the Turkish press on Dec. 26, 2008. Hurriyet Daily News Online does not verify these stories and does not vouch for their accuracy.

IMF deal in the pipeline

ISTANBUL/ WASHINGTON - The government and the International Monetary Fund are close to signing a regular stand-by deal, State Minister Mehmet Şimşek says.

IMF deal in the pipeline

ISTANBUL/ WASHINGTON - The government and the International Monetary Fund are close to signing a regular stand-by deal, State Minister Mehmet Şimşek says.

Turkey's gas prices to decline gradually as it surged slowly-min

The price of natural gas, highly affected by oil costs, will decline gradually as it was increased slowly in the past, Turkey's energy minister said at a press meeting on Monday following harsh criticism of the 22.5 percent rate hike announced on Saturday. (UPDATED)

Turkey's gas prices to decline gradually as it surged slowly-min

Turkey hikes residental electricity prices 9.07 pct

Turkey's energy watchdog (EPDK) approved the demand of Turkish Electricity Distribution Corporation's (TEDAS), the national electricity distributor, and increased electricity prices 9.07 percent for consumers and 9.27 percent for industry on Wednesday.

Turkey hikes residental electricity prices 9.07 pct

Turkey to hike electricity prices 34 pct as of Oct 1

Turkey’s energy watchdog approved Thursday a 34 percent increase for the wholesale price of electricity, which will go into effect as of Oct. 1.

Turkey's TETAS demands 34 pct electricity hike

Turkish Electricity Trading Company (TETAS) applied to the country's energy watchdog for a 34 percent increase in the price of electric it sells as of Oct. 1, ANKA reported.

Euro recovers from six-month dollar low

The euro on Wednesday rebounded from a six-month low point against the dollar, which also fell versus the yen in European trade on profit-taking, dealers said.

Gas price hikes expected to increase Turkish inflation 0.15 pct in Aug

Natural gas price hikes would add 0.15 percent to Turkey's inflation in August, the central bank said on Tuesday. Turkey increased gas prices by 16.88 percent for residents and by 18.77 percent for industry as of August 1.

Food sector in Turkey grows least in Jan-Jun term

Turkey's food quantity growth increased 1.8 percent within the first six months of 2008 and become the least growing sector, compared to the same period of 2007, according to a report of Nielsen Research.

Turkish data and hikes paint mixed inflation picture

July retail price inflation in Turkey's largest city Istanbul showed a surprise fall on Friday, prompting analysts to lower their forecasts for national inflation data due on Monday.

Turkey's Turkcell buys Belarus's BeST for $500 mln

Turkey's leading mobile phone company, Turkcell, said on late on Tuesday it had agreed to pay $500 million to acquire 80 percent of Belarus's state-owned mobile operator BeST.

Turkish lira rises highest against dollar since February due to rate hike

The Turkish currency lira rose to over 1.20 levels against the dollar, the highest in four-and-a-half months due to the latest hike in benchmark interest rates for the third time in successive months on Thursday. Turkish assets have also been affected positively and stocks surged on Friday. (UPDATED)

Turkish central bank says power price hikes to push up CPI by 0.5 pct

The Turkish government’s major hike in electricity prices will push consumer price inflation (CPI) up 0.5 percentage points, the Turkish Central Bank said on Friday.