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The Latest Breaking News from FTI

Thai hotels hit by collapse of German firm

The collapse of the third-largest tour operator in Europe has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.

Bangkok Post

Holidaymakers asked to pay twice for hotels following collapse of German travel firm

‘We are aware of situations where guests are being asked to pay for their accommodation locally’ – FTI subsidiary, Youtravel

The Independent UK

3 Top Energy Service Stocks for Resilient Investments

Robust global energy consumption propels the demand for advanced energy services for exploration, drilling, and distribution of oil and gas to ensure continuous energy availability. Hence, top energy service stocks ChampionX (CHX), Halliburton (HAL), and TechnipFMC (FTI) could be resilient investments now. Read more….

StockNews.com

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Up 33% YTD, This Energy Dividend Stock Is Still a Top Offshore Pick

Discover why TechnipFMC has become Barclays' top offshore pick, and how its impressive performance and strategic advantages make it a standout dividend stock.

Barchart

3 Energy Stocks Set to Soar Beyond Expectations

Given the geopolitical tensions, increasing global oil demand, and supply adjustments, the energy sector is poised for robust growth. Therefore, investors might consider investing in energy stocks TechnipFMC (FTI), Weatherford International (WFRD), and ChampionX (CHX), which are poised to exceed expectations. Keep reading….

StockNews.com

Thai retirement age could be increased

The increasing elderly population in Thailand is prompting a serious discussion on raising the retirement age beyond 55 to accommodate an "aged society" and deal with an ongoing labour shortage in the country, says the Federation of Thai Industries (FTI).

Bangkok Post

EV sector may face new chip shortage

Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

Bangkok Post

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Delay poses risks to the economy

The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline…

Bangkok Post

Trade takes another hit

The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.

Bangkok Post

Private sector lauds speaker choice

Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.

Bangkok Post

Production hit by export slowdown

Manufacturers in 25 industries are adjusting their production plans following an export downturn that caused a drop in value for eight consecutive months, says the Federation of Thai Industries (FTI).

Bangkok Post

FTI upbeat on motorcycle production

The Federation of Thai Industries (FTI) is maintaining its projection for motorcycle production this year at 2.1 million units, thanks to higher demand driven by the tourism recovery.

Bangkok Post

Manufacturers seek steps to reduce costs

Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

Bangkok Post

Horns of a dilemma

With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.

Bangkok Post

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Bangkok Post

Easing of chip shortage boosts output

Thailand's car manufacturing increased by 16.4% year-on-year in May to 150,532 cars thanks to the easing of the global semiconductor shortage, said the Federation of Thai Industries (FTI).

Bangkok Post

Sentiment declines again last month

Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

Bangkok Post

Industrial mood at 8-month low on political uncertainty

Thailand's industrial sentiment in May hit its lowest level in eight months, dented by weak exports and uncertainty over the formation of a new government, an industries group said on Wednesday.

Bangkok Post

Industry federation calls for greater business cooperation with Beijing

The Federation of Thai Industries (FTI) wants to increase Chinese investment in Thailand, especially in the electric vehicle (EV), food and healthcare segments, by advocating more business cooperation with Beijing.

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Bangkok Post

Alarm over weather-related threats

Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post

Thailand at risk of drought as water demand outstrips supply

Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI).

Newcastle Herald

Tinkler company administrator not forcing sale of Coffs Harbour mansion

The 15-bedroom spread at Sapphire Beach is on the market with Sotheby's for an estimated $30 million.

Bangkok Post

Chinese EV firms eager to join FTI

Chinese electric vehicle (EV) manufacturers are keen to become members of the Federation of Thai Industries (FTI) to help drive the fledging EV industry in Thailand.

Bangkok Post

Survey suggests power bills should be coalition's priority

Most entrepreneurs want the new government to follow through on its pledge to reduce power bills, referred to in a memorandum of understanding (MoU) signed by the Move Forward Party and seven other political parties, according to the latest survey by the Federation of Thai Industries (FTI).

Bangkok Post

FTI sticks with annual car production forecast of 1.95m

The Federation of Thai Industries (FTI) is maintaining its prediction for total car production this year at 1.95 million cars despite a drop in output last month.

Bangkok Post

MFP to go easy on wage hike

Move Forward Party (MFP) leader Pita Limjaroenrat said a coalition government under his leadership would not raise the minimum daily wage to 450 baht immediately but would ensure a reasonable increase without causing damage to industry or the economy.

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