• Home
  • Press releases - FCHAIN

Press releases - FCHAIN

Turkey secures $6bn from Islamic Development Bank
01.05.2024
Turkey secures $6bn from Islamic Development Bank
FCHAIN Turkey Office informs: Turkey's Treasury and Finance Minister Mehmet Simsek and IsDB President Muhammad Al Jasser met at the IsDB annual general meeting in Riyadh. Turkey has secured $6.3 billion in funding over the next two years from the Islamic Development Bank (IsDB) Group to support its economic development. The facility will support sectors such
Read More
The stock market saw a record level
30.04.2024
The stock market saw a record level
FCHAIN Turkey Office informs: The BIST 100 index on the Borsa Istanbul reached a record level of 9,907.38 points. Surpassing the all-time high level with 9,907.38 points, the BIST 100 index stood at 9,883.45, marking a gain of 166.67 points and 1.72 percent compared to the previous closing. The total trading volume amounted to 51.6
Read More
The Central Bank interest rate decision has been announced for April 2024
29.04.2024
The Central Bank interest rate decision has been announced for April 2024
FCHAIN Turkey Office informs: Last month, at the Monetary Policy Committee (MPC) meeting, the policy rate was increased by 500 basis points to 50 percent. Economists had previously disclosed their expectations regarding the policy rate, which was eagerly awaited by investors in the dollar, gold, stock market, and bank deposit interest. So, what was the
Read More
Singapore’s Low Inflation Faces Uncertainty in 2Q24 Amid Global Commodity Prices Surge
29.04.2024
Singapore’s Low Inflation Faces Uncertainty in 2Q24 Amid Global Commodity Prices Surge
Singapore's inflation, which dipped to 2.7% in March, might not remain subdued in the second quarter of 2024 due to surging global commodity prices, according to experts. In Singapore, economists are eyeing the country's inflation trajectory with caution as the possibility of a resurgence looms in the second quarter of 2024. March witnessed a slight
Read More
STREAMLINE YOUR PAYROLL PROCESSES WITH OUTSOURCED SERVICES IN TAJIKISTAN FROM FCHAIN
26.04.2024
STREAMLINE YOUR PAYROLL PROCESSES WITH OUTSOURCED SERVICES IN TAJIKISTAN FROM FCHAIN
Managing payroll can be a daunting task, especially when expanding your business into new markets and you have a big staff. That’s where outsourcing comes in. At FCHAIN, we offer comprehensive payroll services tailored to the unique needs of businesses operating in Tajikistan, allowing you to focus on what you do best while we take
Read More
The World Bank will provide Turkey with an additional $18 billion in financing
25.04.2024
The World Bank will provide Turkey with an additional $18 billion in financing
FCHAIN Turkey Office informs that it is stated: the World Bank has decided to increase the amount of funds transferred to Turkey following the announcement of the Medium-Term Program, adding $18 billion more to the ongoing $17 billion program, raising it to $35 billion. Turkish Minister of Treasury and Finance Mehmet Simsek said that within
Read More