Finance

Press release… Aegean Agricultural Products (Ege Tarım Ürünleri) Licensed Warehousing Inc. (ELİDAŞ) was founded in 2011 under the leadership of İzmir Commodity Exchange by 19 corporate partners to develop licensed warehousing system and cotton trade in Türkiye and offers an effective trading opportunity to the sector with the electronic product …

Lavender fields across Türkiye draw visitors while lavender oil proves profitable for suppliers of the cosmetics industry in the country… Fields of lavender have been thriving across Türkiye in recent years thanks to incentives by the government. Supported by a lavender cultivation project launched by the Directorate General of Forestry (OGM), the …

Drone technology has great benefits for many industries around the world. Drone adoption is the need of the hour for the agriculture industry. Some drone servicing companies like Fly Guys are already teaming up with farming giants to help them increase their yields. There has been significant growth in the …

Press release… WUWM PARTICIPATED IN THE WEBINAR “FOOD WASTE MANAGEMENT AND CIRCULAR ECONOMY IN MEDITERRANEAN CITIES”  we are pleased to share the outcomes of the webinar with all our members and readers…On the 25th of May, World Union of Wholesale Markets (WUWM) had the pleasure to take part in the high-level …

Mehmet Cirav, Chairman of the Hazelnut and Products Sector Committee of the Eastern Black Sea Exporters’ Association (DKİB), said that the new season harvest has started well and wished the new export season to be a productive one. Cirav stated that the stagnation and recession environment in European countries and …

Professor Dr. Vahit Kirişci, Minister of Agriculture and Forestry, announced that they will implement a new project in animal husbandry. Dr. Vahit Kirişci Pointing out that contract production is extremely important in this sense, Dr. Kirişci said, “It was published in the Official Gazette on September 6, 2022 by the …

It’s been an extremely hot couple weeks since we last spoke. Europe has had devastating fires, and more than 2,000 people have died there of heat-related illness. China and India sizzled in extreme heat, and the consequences for countries in the Global South were devastating. In Seville, Spain, the deadly …

Press release… Muğla and İzmir provinces realize 62 percent of the annual 1.4 billion dollars of fishery industry which is among the star sectors of Türkiye’s exports. Sinan Kızıltan Explaining that they contributed 953 million dollars to 1.4 billion dollars of fisheries exports in 2021 as Aegean Region, Chair of …

Ahmet Tiryakioğlu, Chairman of the Board of Cereals, Pulses, Oil Seeds and Products of the Turkish Exporters’ Assembly, stated that the export figures, which reached 7.2 billion dollars in the first eight months of the year, will reach 13 billion dollars in their year-end targets. Tiryakioğlu said, “Our export expectations …

India has decided to curb rice exports in a move that is expected to lift world prices of the staple and trigger a rally in rival wheat and corn markets, deepening concerns over food inflation. Rice prices in key exporters India, Thailand, Vietnam and Myanmar are set to rise, traders …