Ankara Chamber of Commerce

Business circles welcome first interest rate cut in 22 months

Major business associations have welcomed the Central Bank's move to start the easing cycle by delivering a 250 basis points cut in its policy rate, calling on lenders to follow suit.

The bank slashed the one-week repo auction rate to 47.5 percent only two days after the minimum wage for millions of workers was hiked by 30 percent to a net of 22,104 Turkish Liras ($628) per month.

Turkish experts, NGOs launch 'Love Flower Alliance' at COP26

A group of experts and leaders of various non-governmental organizations from Turkey launched a new environmentalist initiative on Nov. 3 at the U.N. climate summit currently underway in Glasgow, Scotland.

The "Love Flower Alliance," which aims to sustain a "livable ecosystem" was launched at the U.N. Climate Change Conference, or known as COP26 this year.

Major auto factories to reopen by May 11: Minister

As Turkey eases coronavirus measures, all major automotive factories in the country will restart operations by May 11, the country's industry and technology minister said on May 5.

"A large chunk of automotive factories have already restarted production," Mustafa Varank told an Ankara Chamber of Commerce online meeting.

Ankara's commerce chamber elects new head

Gürsel Baran has been elected as the new chairman of the Ankara Chamber of Commerce (ATO) on Dec. 3. 

In an election at ATO on Dec. 3, the parliamentary of the organization elected Baran as their new head. 

Baran won the election with 100 votes over Osman Gökçek, the son of Ankara Mayor Melih Gökçek, who received 86 votes.

Ankara's commerce chamber elects new head

Gürsel Baran has been elected as the new chairman of the Ankara Chamber of Commerce (ATO) on Dec. 3. 

In an election at ATO on Dec. 3, the parliamentary of the organization elected Baran as their new head. 

Baran won the election with 100 votes over Osman Gökçek, the son of Ankara Mayor Melih Gökçek, who received 86 votes.

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