Conexio consulting

THE 2018 EXPECTATIONS FOR ISTANBUL STOCK EXCHANGE

The Istanbul stock exchange BIST-100 index has risen by about 47 percent since the beginning of the year. In the strong uptrend, compared to similar countries, the effect of the stock market being discounted and the increasing profitability of the company was great. As is the case in the global stock market in 2017, Istanbul […]

TURKEY’S 2017 ECONOMY IMPROVEMENT

According to the datas from Turkish Statistics Institute, regarding the GDP as a chained volume index, it has increased 5,1% in the second quarter of 2017 comparing to the previous year’s second quarter. The increase was slightly below expectations of economists, at 5.3 percent. When looking into the datas in detail, we can see the […]

RETAIL SECTOR IN IRAN

When we examine Iran’s retail industry carefully, we see that after the regulations the domination of the sector changes from independent and small-scale grocery stores to the structure of organized stores. This is a huge development for the traditional supermarkets which consists on the 99,8% of the sector. This traditional structure affects the distribution channel […]

Turkey to maintain structural economic reforms, Deputy PM says

Turkey will continue to make structural economic reforms and maintain fiscal discipline, Deputy Prime Minister Mehmet Şimşek said Saturday. About the Turkish economy’s resilience, he said: “The fundamentals of Turkey are solid. Our economy grew 5.2 percent in the post-global financial crisis era regardless of lots of domestic and international shocks.”  

Turkey runs $1.64-bln budget surplus

Turkey’s government ran a budget surplus of 3.6 billion Turkish Liras ($1.2 billion) in August and 4.9 billion liras ($1.64 billion) in January-August, said Finance Minister Naci Ağbal on Sept. 19. “Public finance is the main anchor that the foundation of the solid Turkish economy rests on,” he said in a statement. The government revenues […]

Turkish economy grows 4.8 percent in first quarter

Turkey’s economy grew a larger-than-expected 4.8 percent in the first quarter of 2016, official data showed on June 10, outperforming major emerging markets peers, as wage hikes and spending by Syrian migrants fueled private consumption, according to analysts. Deputy Prime Minister Mehmet Şimşek said the figures showed the economy was on a strong path and […]