Trucks stop along Vibhavadi Rangsit Road near the Energy Ministry last Tuesday as part of a protest urging action over high fuel prices. Wichan Charoenkiatpakul
Entrepreneurs feel they cannot continue to maintain stable prices of goods much longer as soaring energy costs are making waves across the board, dealing a blow to both emerging businesses such as delivery services as well as laggards like tourism.
The government is struggling to find funding to help businesses and households because of the uncertainty over how long the global oil price surge will last.
BURDEN ON LOGISTICS
Parcel delivery and logistics businesses are facing a tough time following a surge in oil prices, leading them to seek ways to cut operational costs.
Alex Ng, chief executive of Kerry Express Thailand, said the company is…
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