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The Latest Breaking News from FTI

Oil Stock Doing Well Was Turbocharged By Election Result

A Relative Strength Rating upgrade for TechnipFMC shows improving technical performance. Will it continue?

Investors Business Daily

Hotels worry as another German firm goes bust

Another tour firm in Germany has filed for bankruptcy, but the impact should be less than the recent FTI insolvency, according to the Thai Hotels Association (THA).

Bangkok Post

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

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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

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

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Oil Field Services Firm, IBD Stock Of The Day, Could See 160% EPS Growth In 2024

TechnipFMC stock has gained nearly 14% in February and is trading just below a buy point after reporting earnings last week.

Investors Business Daily

Gusher Of Demand, Visions Of 340% Growth Fuel This Potential Breakout

Fueled by new contracts with BP, Shell and Petrobras, as well as explosive growth, TechnipFMC looks to pump up a breakout.

Investors Business Daily

Three S&P 500 Giants Lead This List Of Stocks Near Buy Points

S&P 500 stocks Lennar, Vertex Pharmaceuticals and Royal Caribbean lead this list of five stocks trading around buy points.

Investors Business Daily

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

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

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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).

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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

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.

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).

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