Finance

Press release… Even the most value-added producer is at a loss… We should get out of the interest-inflation-FX triangle and establish our production policy… After the Qurban Bayram holiday, the government needs to make new decisions and pave the way for the exporters… Textile and ready-to-wear sectors cannot cope with …

Press release… ANKARA – Union of Turkish Agricultural Chambers (TZOB) Chairman Şemsi Bayraktar, in the press statement, said that while evaluating the sacrificial prices, they estimate that this year, approximately 785 thousand cattle, 2 million 600 thousand sheep and goats, a total of 3 million 385 thousand sacrificial animals will …

Press release… In the 9-month period (September 1, 2022-May 31, 2023) of the 2022/2023 hazelnut export season, which started on September 1, 2022, hazelnut exports from Türkiye reached 243 thousand 460 tonnes, resulting in foreign exchange inflow of 1 Billion 462 Million 345 thousand dollars. Mehmet Cirav Mehmet Cirav, Chairman …

Press release… Pınar Water and Drink carries out 10.3 percent of the total water export from Türkiye alone. 40 Thousand Tonnes of Export from Pınar Water and Drink to 30 Countries! Pınar Water and Beverage, which has made Türkiye adopt the concept of “packaged water”, has been offering quality water …

Decarbonising agriculture and reducing its impact on the environment is not only a legitimate societal expectation, but a moral duty – however, the European Commission’s ideologically driven, fragmented approach falls short of the mark, writes Dacian Cioloş. Dacian Cioloş is a Romanian MEP for Renew Europe. He sits on the European Parliament’s …

Volume of food exported in May was lowest since start of initiative and well below shipping demand, Ukraine’s export capacity, says UN Information Office… A total of 31.9 million metric tons of grain and foodstuffs have been exported under the Black Sea Grain Initiative since its implementation last July. The …

Press release… Ferhat Gürüz, Chairman of the Board of the Mediterranean Fresh Fruit and Vegetable Exporters’ Association, announced that Türkiye’s fresh fruit and vegetable exports in May increased by 32 percent compared to the same period of the previous year and reached a value of 249.3 million dollars. Emphasizing that …

Press release… Aegean Cereals, Pulses, Oilseeds and Products Exporters’ Association introduced Turkish products on May 15-18 at APAS, the largest international supermarket fair in Latin America. Muhammet Öztürk, Chairperson of the Aegean Cereals, Pulses, Oil Seeds and Products Exporters’ Association, said that Turkish exporters have declared 2023 the year of …

The share of food and non-alcoholic beverages in households’ overall expenditure was 22.8 percent, followed by housing and rent at 22.4 percent last year, a survey by the Turkish Statistical Institute (TÜİK) has shown. Transport expenditure was the third largest expenditure item, with a share of 21.3 percent, according to TÜİK’s Household Budget Survey. …

Press release… Aegean Exporters’ Associations (EIB) ramped up its exports by 14 percent from 1 billion 377 million dollars to 1 billion 565 million dollars in May. EIB’s exports in the January-May period of 2023 soared by 1 percent to 7 billion 609 million dollars, while its exports in the …