Finansia Syrus licenses online trading platform

The system, which includes home and mobile trading systems, has been proven to be the most advanced in Korea. 
It is a long-term cooperative relationship and not a mere export of a trading solution, as the technology and know-how of Kiwoom, the No 1 broker by market share for 11 straight years, is provided.
The Thai brokerage market has high potential for growth, as more companies are listed and trading rises. It already has high participation from retail investors – 56.3 per cent of trading value in 2015 – and has high average daily turnover. 

Hitachi begins operations
of Asia Training Centre
Hitachi and Hitachi Building Systems have established the Asia Training Centre, a training site for engineers involved in the elevator and escalator business in the Asian region, in Chon Buri. 
The Asia Training Centre, positioned as a training centre for installation and maintenance skills and safety controls of Hitachi’s elevators and escalators in the region, will foster mid-level engineers in Asian countries and ensure higher quality and safety than ever, which is Hitachi’s top most priority, the group said in a statement yesterday.

Mitsubishi units to expand
air-conditioner output at JV 
UNITS of Mitsubishi Heavy Industries are expanding production at a joint venture in Thailand for the manufacture and sale of air conditioners.
The arrangement involves Mitsubishi Heavy Industries Ltd (MHI) Group and Mitsubishi Heavy Industries Thermal Systems Ltd (MTH) with the joint venture entity Mitsubishi Heavy Industries-Mahajak Air Conditioners Co Ltd (MACO).
The partners says the expansion will allow for a flexible response to rising global demand for air conditioning, as well as the growing market needs for household and commercial air conditioning system, particularly in Asia. Facilities at the No.1 and No.2 works for assembly and parts manufacturing will be expanded, and a third factory and electrical components works will be constructed. 
The new facilities are scheduled to begin operations in early 2018, with an expected increase in production to 2.7 million units by fiscal 2020, a 30 per cent increase from fiscal 2015. 
MACO was established in 1988 with Thai firm Mahajak Industry Co Ltd. MACO has two production plants in the Ladkrabang Industrial Estate in suburban Bangkok, where it manufactures components and assembles household and commercial air conditioners. 
The third factory will manufacture plastic and sheet metal parts for household and commercial air conditioners.
 The electrical components works will mount the electric boards and other key components of air conditioners. Total investment, including expansion of facilities at existing plants, will be about 3 billion yen. ?? approximately ?3.0 billion ??. Construction is scheduled to start in the first half of fiscal 2017. 
This investment will increase MACO’s production capacity, while also enhancing productivity through changes in facilities and production methods, and synchronisation of assembly.
It will also strengthen cost competitiveness, and minimise inventory of semi-finished goods and finished products.