OPINION/EDITORIAL

NBS Says Domestic Air Fares Rose 66.36% in 2022

April 25, 2023/CSL Research According to a recent report from the National Bureau of Statistics, domestic air transport fares rose by 66.36% in one year. The report covered only five modes of transport in the country which were: Air transport, Bus Intercity, Bus Intracity, Motorcycle and Waterway, except for Rail […]

Economic Fears Put Oil Prices Under Pressure

April 23, 2023/OilPrice.com Tom Kool Editor, Oilprice.com While oil prices rebounded slightly on Friday morning, they remain on course for a weekly decline. Worrying economic data in the U.S. and the expectation of another interest rate hike have added significant downward pressure to oil markets this week. While promising signs […]

Electricity Supply Dropped to the Lowest in Four Years

April 20, 2023/United Capital Data from the Q3/Q4-2022 Electricity Report released by the National Bureau of Statistics (NBS) revealed that the total electricity supplied by the eleven Distribution Companies (DisCos) in FY-2022 stood at 21,817.1GWh, 6.6% y/y down from 23,360.6GWh provided in the FY-2021. The decline can be attributed to […]