ECONOMY

Stars of Exports in the Chemicals Sector Received Awards

Stars of exports in 2020 in the chemicals sector that is a major contributor to the national economy and the second highest exporter of Turkey are announced. Annual “IKMIB Stars of Exports Award Ceremony” of Istanbul Chemicals and Chemical Products Exporters Association (IKMIB) took place in June 18th, 2021 in a hybrid organization. At 2020 IKMIB Stars of Exports Award ...

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Turkey considers swap deals with 4 countries, pledges to boost lira

Turkey is in talks to secure currency swap agreements with four countries and is close to a deal with two of them, the central bank chief told a meeting with senior bankers, according to participants. Central Bank of the Republic of Turkey (CBRT) Gov- ernor Şahap Kavcıoğlu did not specify which countries Turkey was in talks with but said during ...

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Drogsan and Rockwell Enter into License Agreement Concerning 65k Hemodialysis Patients in Turkey

Drogsan, one of Turkey’s leading pharmaceutical companies, will introduce Rockwell’s innovative iron deficiency anemia treatment to the Turkish market. Drogsan Pharmaceuticals, one of Turkey’s leading pharmaceutical companies, collaborated with US-based biopharmaceutical company Rockwell Medical to launch their new FDA-approved product in Turkey. Having introduced Turkey’s first biosimilar drug in 2014, Drogsan, a nephrology expert, joined forces with Rockwell, which is ...

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Foreigners edge back into Turkish markets

Foreign investors who remained aloof from Turkey for a few years are edging back in, drawn by a promise of some of the biggest returns in emerging markets and a pledge of economic and legal reforms, according to money managers. “We’re very encouraged to see a different approach coming in,” said Polina Kurdyavko, London-based head of emerging markets (EMs) at ...

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Turkish e-commerce giant Trendyol seeks over $1B to fund growth

Turkish e-commerce giant Trendyol is seeking to raise more than $1 billion (TL 8.22 billion) in a private placement, according to a report which cited people familiar with the matter. The Chinese online giant Alibaba Group Holding Ltd.-backed company looks to expand further in the international arena with fundraising aimed at U.K. and U.S. investors, sources were cited as saying ...

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Zeynep Tekstil ihracata kilitlendi

Üretimdeki 50 yıllık tecrübesi, sertifikaları, kuvvetli altyapısı, güçlü kadro ve Ar-Ge’si ile Zeynep Tekstil son 2 yıldır rotasını ihracata çevirdi 1970 yılından bu yana hazır giyim ve kumaş boyama & baskı sektöründe faaliyet gösteren Zeynep Giyim, İstanbul ve Çorlu’da bulunan 2 fabrikası ile büyümesine devam ediyor. ZEYNEP ailesini 3 nesil boyunca istikrarlı bir büyüme ile yaşatan firma, konularında tecrübeli ekibiyle ...

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Kind + Jugend 2021 one week earlier and shortened by one day

The focus is on the economic restart. Modernised logo underlines objectivity and optimism Kind + Jugend will not take place this year for the first time in its 60-year history. A tough decision for Koelnmesse, but also of course for exhibitors and visitors, for whom the annual Kind + Jugend is the central international trade and information platform. All the ...

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How should your sales strategies be after Covid-19?

* If you consider the following suggestions, you can better manage the process. By attending CBME Turkey, the leading exhibition of the sector, you can not only meet target visitors from different regions but also present your products in an atmosphere in which every sense of export, capacity and the quality of power is represented Especially, retailers and shopkeepers are ...

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Turkey’s garment industry exports to exceed $20bn

• Share of clothing in Turkey’s exports exceeds 10%, says TIM Chairman Gulle ANKARA – The Turkish garment industry plans to make more than $20 billion in exports in 2021, according to Ismail Gulle, Chairman of Turkish Exporters’ Assembly (TIM). In a written statement, Ismail Gulle said ready-to-wear clothing exceeded 10% of the country’s total exports in 2020, adding that ...

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Finance Minister Elvan: “Turkey safe haven for international investors”

• Turkey’s economy administration focuses on macroeconomic, financial, and price sustainability, says finance minister Lutfi Elvan ANKARA – Turkey offers significant opportunities for investors looking for a new and safe haven, and the country launched a mobilization in the economy and justice fields to become an attraction center for investments, Lutfi Elvan, treasury and finance minister of Turkey has recently ...

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