Marketplace

One of China's biggest mobile phone maker Tecno Mobile has begun manufacturing in Turkey with an investment of $35 million, a company statement said on May 24.

"We plan to employ around 1,000 people at our production facility at Istanbul's Pendik district in the first year of trading," said Hank Li, Tecno Mobile's Turkey manager.

While during the Covid-marked 2020 we stayed more at home and walked mainly to the refrigerator and back, it turned out that we had been eating record-expensive foods. The analysis of wholesale prices of staple groceries: sugar, flour, oil, rice and pulses scored an year-on-year increase, with the annual averages for most of them being the highest for the period 2015 - 2020.

At least 61 suspects were detained across Turkey for selling counterfeit gold in the market, according to security sources on Jan.8. 

The financial crimes police branch in Istanbul uncovered a network producing fake and low quality gold bars in eight different workshops in the city's Fatih district. They were gaining unfair profit by putting it on the market in Anatolian cities.

The property market will have fewer openings for growth this year, according to sector professionals, as certain categories that had expanded rapidly in early 2020, such as tourism assets, will remain under pressure in 2021.

The atmosphere is rather gloomy as last-minute shoppers fill Athens' central market Varvakeios and the neighboring streets ahead of New Year's Day, when Greeks traditionally exchange gifts. Several shops remain closed, and only a few people carry bags, with most pedestrians sticking to just window-shopping.

Turkey reopened restaurants, cafes and Istanbul's iconic 15th century Grand Bazaar market on June 1 as the government further eased coronavirus restrictions.

Many other facilities including parks, beaches, libraries and museums reopened across the country, while millions of public sector employees returned to work.

Sunday markets and other second-hand markets will reopen in June 1, the Development and Investments Ministry said in a tweet on Thursday.

The ministry said the decision was approved by the scientific committee advising the government on the handling of the coronavirus pandemic.

Their operation will follow the same rule on hygiene that apply to farmers' markets, it added.

An eerie silence has fallen over Istanbul's Grand Bazaar, one of the world's oldest, largest and most visited markets, where a raucous mixture of languages, cultures and commerce has buzzed for centuries.

The Agricultural Cooperative Tara Mea (My Country, ed. n.) has taken over, since April, the activity of centralization, storage and delivery of 150 Romanian vegetable producers, to help them deliver all the quantities obtained to hyper-markets, informs a press release of the association sent to AGERPRES on Wednesday.

Prime Minister Ludovic Orban has stated that the measure of prolonging the programme of agro-food markets during the Easter celebrations doesn't mean that the rules are not to be observed anymore, and he made an appeal to the citizens not to relax measures and to strictly observe them, including after the peak of the coronavirus epidemic will be reached and overcome in Romania.