Formerly known as the Association of Thai Industries (ATI), the Federation of Thai Industries (FTI) came into existence on December 29, 1987. It was a transformed body of ATI, which was created in 1967. FTI is an industrial private sector that brings together industrial leaders to promote Thailand's socio-economic development. The main objectives of FTI are to represent Thai manufacturers at both national and international levels, to help promote and develop industrial enterprises, to work with the government in setting up national policies, and to offer consulting services to members.
FTI is a full-service organization that cooperates with the government to help mobilize Thai industries to reach international markets. It acts as a "matchmaker" between foreign industrialists and Thai resources which combine the financial strength, planning ability, and persuasive power of Thailand's industrialists.
External links
Federation of Thai Industries (http://www.fti.or.th) official website
FTI Consulting had been growing rapidly through the acquisition of smaller consulting firms and divisions of larger firms, such as KPMG and PricewaterhouseCoopers.
In September (.pdf file), FTI lowered fourth-quarter earnings guidance and, in what may have been a critical action, noted that $2.1 million in incentive bonuses would not be paid now as earnings targets would not be met.
In my estimation, FTI Consulting is definitely worth placing on your watch list, but management has to show that they can plug the holes and right the ship before it can join the ranks of Hidden Gems and be worthy of your cash.
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