TR Economy & Updates

[No Name]

France is thinking about citizenship style Taxation, i wonder if Turkey will do this to counter the Brain drain problem?

 

[somegoodusername]

France is thinking about citizenship style Taxation, i wonder if Turkey will do this to counter the Brain drain problem?

It's not a problem, but a policy of the current government. You don’t need to make your citizens more prosperous to secure your hold on power. Why did Chinese emperors ban trade, innovation, and hold back reforms? It can work both ways.

 

[Saithan]

Growing labor shortage affecting factories, businesses - Latest News

The shortage of skilled and unskilled labor has become a headache for Turkish small and medium-sized industrial enterprises as well as retailers.

www.hurriyetdailynews.com

Correct me if I'm wrong, but economy isn't super good, so should people graduate into something that can't feed them and keep a house above their heads ?

Workers Union and workers rights, non existing right ? So minimum salary ?

refugees granted right to work, so our people can't find jobs because some greedy factory owner already hired the cheaper refugeses who're btw living and being fed by tax money in refugee camps ?

Well I am sure there are other things to take into consideration, but I can't really recall everything, but the above is pretty bad as it is.

I think a smart factory owner would look into automating processes instead of using cheap labour.

 

[No Name]

Turkey needs to increase it's railway network. most of the railway come from either the Ottoman era or single party era and their are still countless cities that are not connected to each other yet.

 

[Deliorman]

Conventional railways are the bloodline of every big industrial nation. If Turkey has an ambition to be a big economy it has to build more and more railways- both conventional for delivering freight and transporting people and HSR for fast transport between big population centers.

Unfortunately rail transport have always been neglected and is nowhere near where it must be. Turkey's terrain makes railway developments harder and more expensive. In Turkey it has always been about highways, highways, highways and since recently- airports. If you want to develop you must invest harder in Railways and Sea Ports.

 

[what]

Agreed, Ukraines life-line is literally its Soviet era rail network. We need more conventional rail too.

 

[Saithan]

I agree a lot with you guys. I am pretty certain that most of the freightline being built were/are pretty old. I believe some of them are from back the time of Atatürk.

How much has AKP built. bullet train line can't be used for freight transport.

 

[B_A]

Turkey needs to increase it's railway network. most of the railway come from either the Ottoman era or single party era and their are still countless cities that are not connected to each other yet.

Conventional railways are the bloodline of every big industrial nation. If Turkey has an ambition to be a big economy it has to build more and more railways- both conventional for delivering freight and transporting people and HSR for fast transport between big population centers.

Unfortunately rail transport have always been neglected and is nowhere near where it must be. Turkey's terrain makes railway developments harder and more expensive. In Turkey it has always been about highways, highways, highways and since recently- airports. If you want to develop you must invest harder in Railways and Sea Ports.

We need a railway network like Japan or S.Korea

Their land are full of hills and mountains

 

[Saithan]

Turkish carmakers face stiff competition from Chinese rivals - Latest News

Chinese companies are using state subsidies to flood the local market with cheap cars that put local carmakers in a difficult position, according to Berk Çağdaş, general manager of MAİS.

www.hurriyetdailynews.com

 

[what]

https://www.reuters.com/business/autos-transportation/turkey-final-stages-investment-talks-with-china-car-maker-chery-turkish-official-2024-10-01/

 

[Saithan]

Uncertainties reduced significantly, says VP Yılmaz - World News

Türkiye is in a period of reducing uncertainties to a minimum, Vice President Cevdet Yılmaz has stated, stressing that the country continues to ensure predictability, sustainability and confidence.

www.hurriyetdailynews.com

Well, stabilizing the prices should hopefully reduce inflation.

 

[Saithan]

Environmental assessment process for BYD plant launched - Latest News

The Environmental Impact Assessment process has been initiated for the factory to be built by Chinese carmaker BYD in the western province of Manisa.

www.hurriyetdailynews.com

Tbh I know they're building the new factory in western Türkiye because the infrastructure is so good, but I would have hoped they'd build it elsewhere to diversify a bit. Especially since government seem to give a lot of benefits with the investment, it should have been used to galvanize and reinvigorate other parts of the country.

 

[what]

The east has neither the logistics nor the know how for that factory. BYDs suppliers will all be from Ege and Marmara region. We talked about this the other day but freight rail is weak in the country and having a plant on the other side of the country is just not feasible, when your suppliers are 1000km away.

Plus the cars will be sold to Europe via shipping anyway so the eastern regions never stood at chance.

 

[YeşilVatan]

The east has neither the logistics nor the know how for that factory. BYDs suppliers will all be from Ege and Marmara region. We talked about this the other day but freight rail is weak in the country and having a plant on the other side of the country is just not feasible, when your suppliers are 1000km away.

Plus the cars will be sold to Europe via shipping anyway so the eastern regions never stood at chance.

I said it before, I'll say it again; I believe Mersin-Adana-Hatay-Gaziantep region has a lot of untapped potential. With correct infrastructure investments it can be a robust production center with sea access independent of Greek BS.

 

[B_A]

Any news from our car brands other than TOGG?

We need a cheap and small car model

 

[No Name]

I said it before, I'll say it again; I believe Mersin-Adana-Hatay-Gaziantep region has a lot of untapped potential. With correct infrastructure investments it can be a robust production center with sea access independent of Greek BS.

It is too close to a war zone.

The area also needs government incentives, as it doesn't have any industrial ecosystems to serve as incentives for foreign companies to build them.

I believe that Turkey needs some type federalism so that the economy isn't so centralised in the West.

 

[B_A]

Indiafication of Turkey

Didn't Japanese is most famous on small cars ?

İstanbul like Tokyo we need smaller car to drive

 

[byzero]

There are several companies in Turkey working on entry-level cheap electric cars suitable for urban traffic, such as Reeder, Amperino, Very, Joyce. They are in close contact with local companies such as Aspilsan and Pomega for batteries. Cheap cars ranging from 200 thousand TL to 800 thousand TL will be released in the coming days with an 80% local content rate.

 

[B_A]

There are several companies in Turkey working on entry-level cheap electric cars suitable for urban traffic, such as Reeder, Amperino, Very, Joyce. They are in close contact with local companies such as Aspilsan and Pomega for batteries. Cheap cars ranging from 200 thousand TL to 800 thousand TL will be released in the coming days with an 80% local content rate.

Yes and the KKTC company GÜNSEL we havent hear any production news for long time.

 

[B_A]

It is too close to a war zone.

The area also needs government incentives, as it doesn't have any industrial ecosystems to serve as incentives for foreign companies to build them.

I believe that Turkey needs some type federalism so that the economy isn't so centralised in the West.

First of all,we need a high-speed railway network to the east part.

The central Government need to do this.