TR Economy & Updates

[B_A]

The salary is the biggest problem.

Politics will not be a problem in the future.

 

[Sanchez]

Actually no, we aren't competitive at pricing for software outsourcing and english is a significant barrier more than you would realize

Software sourcing is no where near, but we are becoming the new customer care capital of the world, going for the previous Indian spot. Sad.

 

[B_A]

Software sourcing is no where near, but we are becoming the new customer care capital of the world, going for the previous Indian spot. Sad.

And hired thousands of illegal foreign workers.

When you go to maslak office ,full of african and arabs....

 

[uçuyorum]

And hired thousands of illegal foreign workers.

When you go to maslak office ,full of african and arabs....

If they are illegal you can report to 170 and they will pay them a visit.

 

[B_A]

If they are illegal you can report to 170 and they will pay them a visit.

Police will come and detain ,expel somebody,

Next day other africans and arabs come.

Turkish law imposes too light penalties on employers,they just pay thousands lira fine.

In other countries they will fine millions and close the company.

 

[Huelague]

The western small city is much more boring...especially in US or Germany...you even cant see any people for whole day.

Japan is a bit better.

And if a Turk clever man didnt want to come back,that s 80%because of salary and 15% because of political view....but not entertainment..

Germany is the most boring place within EU for tourists.

 

[Bozan]

Software sourcing is no where near, but we are becoming the new customer care capital of the world, going for the previous Indian spot. Sad.

That's a shame, software sourcing would bring in a lot of money while improving domestic talent

 

[uçuyorum]

That's a shame, software sourcing would bring in a lot of money.

It's a waste of quality manpower. You know how people complain when we do fason and kaportacılık and not enough yerli ve milli, that's the software equivalent. But well If you can't provide jobs that produce high value added software and end user products...

We need to focus on creating products that leave the lion share of revenue with us

 

[Scott Summers]

2024 could be the year of Türkiye’s economic resurgence​

Emerging markets could benefit from anticipated US interest rate cuts

2024 could be the year of Türkiye’s economic resurgence

As the US contemplates interest rate cuts, this year could be bullish for emerging markets such as Türkiye

www.rt.com

 

[B_A]

Türkiye greeted some 56.7 million visitors last year, with an annual surge of 10.33%, a senior official said Wednesday highlighting that the country's tourism revenue posted a substantial uptick reaching a record $54.3 billion (TL 1.64 trillion).

"The year 2023 was the year in which we broke records in data," Culture and Tourism Minister Mehmet Nuri Ersoy said during a presentation on the figures in Istanbul's Atatürk Culture Center (AKM).

"The number of visitors reached 56.7 million in 2023," he said, adding that tourists from Russia, Germany and the United Kingdom spearheaded the arrivals drive last year.

Some 6.3 million visitors from Russia visited Türkiye last year, Ersoy said, followed by 6.2 million German tourists and 3.8 million Britons.

"England was among our prioritized target destinations during the pandemic. We improved regarding the U.K. market, where we had some 2.5 million before the pandemic, to 3.8 million afterward," he said.

The number of foreign tourists arriving at Türkiye between January and December last year meanwhile surged by 10.4% to 49.2 million, the Culture and Tourism Ministry data showed.

The figure exceeded its pre-pandemic period level of 45 million in 2019, the ministry data showed.

 

[B_A]

Türkiye's foreign trade gap narrows to nearly $106B in 2023

Türkiye's foreign trade deficit narrowed by 3.2% year-over-year in 2023, official data showed on Wednesday, while the December gap decreased by 37.8%...

www.dailysabah.com

 

[Scott Summers]

2024 or 2025 are very booming for Turkey.

 

[B_A]

Whats our tourism revenue, gold import and FDI in 2023?

Türkiye's foreign trade gap narrows to nearly $106B in 2023

Türkiye greeted some 56.7 million visitors last year, with an annual surge of 10.33%, a senior official said Wednesday highlighting that the country's tourism revenue posted a substantial uptick reaching a record $54.3 billion (TL 1.64 trillion).


FDI Still unknown

 

[Ecderha]

Tourism Income by years
This table were taken from website- Haberturk I had to translate it.

TÜİK turizm istatistikleri| 2023'te turizm gelirleri rekor düzeye ulaştı! Yıllara göre turizm gelirleri - Turizm Haberleri

2023 yılında Türkiye'nin turizm gelirleri 2022'ye göre yüzde 17 artarak 54.3 milyar dolarla rekor kırdı

www.haberturk.com

Data were provided by Türkiye İstatistik Kurumu (TÜİK) = Turkish Statistical Institute

 

[Scott Summers]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

 

[what]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

Depends on the FTA, not all industries and kinds of products are usually covered by FTA.

 

[Scott Summers]

Depends on the FTA, not all industries and kinds of products are usually covered by FTA.

Hmm. I hope so because sunflower oil prices raised outrageous because of some Turkish players at the market with monopoly.

We need more foreign products to compete with the Turkish products because the local producers and sellers are creating cartels and fixed prizes.

 

[Bozan]

Armed man in Turkey holds hostages at Procter & Gamble plant

An assailant who took seven people hostage in protest of the civilian casualties in Gaza was caught by Turkish police after nine-hour-long standoff.

www.al-monitor.com

A man has stormed a plant created by foreign investment and held people hostage.

TR is currently listed as elevated risk for Americans and American businesses

 

[Scott Summers]

That attack on the church and this attack at the multinational must have a link.

Turkey booked a historical record of tourist revenues last year.

And Turkey's stance next to South Africa at the ICJ.

All dots are connected.

 

[Huelague]

A free trade agreement with Turkey will soon enter into force​

A free trade agreement with Turkey will soon enter into force | Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News

The free trade agreement with Turkey, signed a year ago, may enter into force in the near future.

en.usm.media

FTA agreement between Turkey and Ukraine will start next month.

Does that mean limitless import of Ukrainian flour, wheet, grain and sunfloweroil ?

We need this with EU and US and stopp this with China.