Tuncay Özilhan

TUSIAD President Simone Kaslowski. Photo: TUSIAD

"The independence of regulatory and supervisory institutions, the Central Bank in particular, should be unquestionable," Tuncay Ozilhan, president of the Advisory Council of TUSIAD said at a TUSIAD event.

Politics in Turkey is entering a highly stressful two years this fall. Since the referendum, President Recep Tayyip Erdoğan seems to be running a one-man show in decision-making and Ankara's bureaucracy seems to be looking to his Beştepe residence for every small paper to be signed. So can this system survive until the necessary laws are passed? Will they even pass anyway?

The Anadolu Group opened two new production facilities in the southern province of Isparta on Aug. 12. 

One of the factories will make production for Coca-Cola İçecek, a majority stake of which is owned by the Anadolu Group. The second facility is owned by Anadolu Etap, the group's fruit company, with its Brazilian partner Cutrale and Turkey's Özgörkey Holding. 

Brewers Anheuser-Busch InBev and Anadolu Efes have agreed to merge their businesses in Russia and Ukraine, following years of decline in the Russian beer market due to tighter regulation.

The state of emergency that was declared in Turkey in the aftermath of the failed July 2016 coup is no hurdle for business, President Recep Tayyip Erdoğan said May 18 amid concerns from top business figures.

Turkey's top bosses have warned of the serious economic risks facing the country, noting the urgent need for Turkey to strengthen key institutions and decrease political uncertainties. 

The Commercial Bank of Qatar (CBQ) has now become the sole owner of Turkey's Alternatifbank (ABank) in a deal signed with Turkey's Anadolu Group. 

Turkey's leading business organizations have strongly condemned the killing of Russia's ambassador to Ankara, Andrey Karlov, as a result of an armed attack, extending condolences to his family and the Russian people. 

Karlov was assassinated at an art exhibition in the Turkish capital of Ankara on Dec. 19.

Turkish supermarket chain Migros has said it plans to open 150 to 200 branches over this year in a written statement to the Public Disclosure Platform (KAP) on April 12. 

In the statement, which summarizes the decisions held at the company's latest board meeting, the number of new, planned stores was set between 150 and 200.

Russia has excluded a total of 10 Turkish brands, including Colin's, LC Waikiki and Anadolu Efes, from a list of sanctioned Turkish companies, daily Habertürk has reported.