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Thai government may revise plan to cut logistics costs.
Byline: Chatrudee Theparat
Nov. 7--Rising fuel costs and interest rates will likely impede the government's ambitious goal of slashing logistics costs to 15 percent of the gross domestic product by 2008, from 19 percent currently, according to the National Economic and Social Development Board.
If oil prices and interest rates continue to remain high, the government think-tank would need to review its target, according to Wilaiporn Liwgasemsan, the deputy secretary-general of the NESDB.
When the plan to cut logistics costs was originally mapped out last year, the price of crude oil stood at US$25-27 a barrel. It is now trading just above $60 a ...
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