In The News
There is always news happening at YTY and in the industry. Browse the latest news and industry updates to keep abreast of current trends, market conditions and timely topics of today.
YTY Kicks Off IRGCE 2024 with a Focus on Innovation and Sustainability
YTY is pleased to participate in the International Rubber Glove Conference & Exhibition (IRGCE) 2024. The exhibition, which is staged once every two years, is perennially hosted by the Malaysian Rubber Glove Manufacturer’s Association (MARGMA). IRGCE is the industry’s leading trade show that brings together customers, suppliers, and other stakeholders involved in the rubber glove manufacturing ecosystem.
YTY Organizes Anti-Bullying & Crime Prevention Workshop for Young Students of SK Batu 10 Lekir
In conjunction with Malaysia’s National Day, YTY organized a Corporate Social Responsibility (CSR) event at Sekolah Kebangsaan (SK) Batu 10 Lekir, focusing on an important topic, “Anti-Bullying and Crime Prevention for Children.” The workshop was the main event during the school’s month-long National Day 2024 campaign which ends on Malaysia Day on September 16, 2024.
YTY Industry Recertified with WRAP Gold Social Compliance Accreditation
YTY Industry is pleased to announce it has been awarded a second consecutive Gold certification with no findings by Worldwide Responsible Accredited Production (WRAP) for our Malaysian manufacturing operations. WRAP is an independent not-for-profit audit agency with a globally recognized accreditation standard that utilizes a rigorous and well-defined certification framework for social compliance monitoring and evaluation.
YTY Employees Lead Mangrove Replantation Effort in Changkat Keruing, Perak
YTY is pleased to have organized a mangrove planting activity in Changkat Keruing, Perak, as part of our on-going corporate social responsibility (CSR) efforts. The CSR activity involved the voluntary participation of 50 employees and their family members and, in addition to the planting itself, included an insightful environmental awareness talk aimed at fostering a deeper understanding of the importance of mangrove ecosystems.
Investing in Tomorrow: YTY Supports Refurbishment of Local School Library
YTY is pleased to sponsor the refurbishment and relocation of a library and resource center at Sekolah Jenis Kebangsaan Tamil (SJKT) Maha Ganesa Viddyasalai, a local primary school situated in the Manjung district, a short distance away from YTY’s Sitiawan manufacturing facilities. The sponsorship reflects YTY’s ongoing commitment to education, community development, and empowering young learners.
YTY Releases Second Issue of YTY Cares, CSR Newsletter
We are pleased to release the second annual issue of YTY Cares, our corporate social responsibility newsletter. As with our inaugural issue, this newsletter seeks to capture the activities, campaigns, and causes YTY Group has been passionately involved in 2023. The link to the latest issue of YTY Cares is here. No downloading is required. Happy reading!
YTY Supports Dialysis Patients to Obtain Critical Treatment
As a sign of our continued commitment to individual well-being and community care, YTY is pleased to have concluded a month-long sponsorship of multiple dialysis treatments for 20 needy patients. This was done in partnership with the Manjung Dialysis Centre, a local non-profit organisation providing life-saving kidney care to individuals from around the community, including low-income patients.
YTY Industry Achieves WRAP Gold Social Compliance Certification
YTY Industry is pleased to announce it has been awarded a Gold certification by Worldwide Responsible Accredited Production (WRAP), an independent agency with globally recognized accreditation standards, that focuses on promoting safe, lawful, humane and socially compliant manufacturing practices through a comprehensive audit and certification program.
YTY Celebrates World Turtle Day with Community Service at Segari Turtle Sanctuary
YTY employees enthusiastically participated in a CSR activity focused on wildlife preservation at the Segari Turtle Sanctuary on May 27, 2023, in celebration of World Turtle Day 2023. The sanctuary is located next to Segari beach, one of only three landing sites for green sea turtles on the Western Coast of Peninsular Malaysia.
YTY Releases Inaugural Issue of YTY Cares, CSR Newsletter
We are pleased to release the inaugural issue of YTY Cares, our corporate social responsibility newsletter. The newsletter showcases various community causes, philanthropy, and other forms of giving that YTY has progressively participated in 2022 in Malaysia. The link to the inaugural issue of YTY Cares is here. No download is required. Happy reading!
YTY Does Good for the Environment with Lekir Beach Clean-Up
YTY is pleased to have taken the initiative to lead an extensive beach cleaning exercise at the Lekir Forest Reserve on Tanjung Kepah Beach, in collaboration with the District Forestry Department and the Manjung City Council. Participants of the activity collected over 186 kilograms of trash that would otherwise have ended up in the sea, where it could endanger marine life.
YTY Donates Two Million Gloves to Disaster Relief Efforts in Turkey
Given the unprecedented devastation that has occurred in Turkey as a result of two deadly earthquakes, YTY is responding with a donation of two million medical exam gloves. This donation is being provided directly to the Turkish Embassy in Malaysia, who is coordinating disaster relief efforts within the country.
YTY Resumes Shipment of Single-Use Gloves into the US Following Modification of WRO
YTY is pleased to announce that on February 8, 2023, US Customs & Border Protection (CBP) issued a modification to its Withhold Release Order (WRO) to allow for the resumption of shipments of single-use gloves into the United States by YTY Industry Holdings Sdn. Bhd. and all YTY subsidiaries identified in the WRO.
YTY Recognized by MSOSH with Multiple Health & Safety Awards
YTY Group is pleased to announce that it has been recognized multiple times by the Malaysian Society for Occupational Safety & Health (MSOSH), the leading professional body for occupational safety and health standards and compliance within Malaysia, at the 40th MSOSH Awards Ceremony 2022 held in Kuala Lumpur, Malaysia, on December 21.
YTY Subsidiary Achieves WRAP Platinum Social Compliance Certification
YTY is pleased to confirm that its wholly-owned subsidiary, PT Medisafe Technologies, has been awarded a Platinum certification by the Worldwide Responsible Accredited Program (WRAP), which is a known and respected agency focused on promoting safe, lawful, humane and ethical manufacturing at facilities around the world.
YTY Donates One Million Medical Gloves to Support Emergency Health Services in Ukraine
As the war in Ukraine continues to rage unabated, resulting in thousands of casualties and millions of people displaced, YTY has stepped up to donate one million premium quality medical-grade nitrile examination gloves to support emergency health services within the country.
YTY Brings Cheer to Charity Homes in Celebration of Malaysia Day 2022
In celebration of Malaysia Day 2022, YTY is pleased to have donated RM 15,000 and provided employee volunteers to support infrastructure improvements for two charity homes in Setapak, Kuala Lumpur and Sitiawan, Perak, that cater to vulnerable and at-risk populations.
YTY Sponsors Local Run & Ride to Promote Fitness and Community Participation
YTY is pleased to be a corporate sponsor for Manjung Run & Ride 2022 (MRR2022), the largest community fitness event in the district of Manjung since the pandemic. Manjung Run & Ride 2022 is, as the name suggests, primarily a running and biking event intended to promote community participation and personal health in a post-pandemic world.
YTY Assists with Flood Rebuilding Efforts with RM 75,000 Donation
YTY is pleased to provide direct assistance in a region deeply affected by the recent flooding, and to support The Salvation Army in their efforts to reach out and provide assistance to affected families in Central and Western Peninsular Malaysia due to impact of heavy torrential rain that occurred from December 2021 through February 2022.
YTY Responds to US Department of Homeland Security WRO
YTY was alerted on January 29, 2022, via a press release issued by the US Department of Homeland Security (DHS) that a Withhold Release Order (WRO) had been issued against specific YTY Malaysian operating entities based on an assessment by the DHS’ Customs & Border Protection (CBP) division that “reasonably indicates” the use of forced labor in YTY’s manufacturing operations.
YTY Ends 2021 with Multiple ESG Awards
YTY Group is pleased to have been recognized multiple times recently with respect to its Environmental, Social and Governance (ESG) performance and achievements. YTY was recently conferred numerous awards by the Malaysian Society for Occupational Safety & Health (MSOSH), the leading professional body for occupational safety and health standards and compliance within Malaysia, at the 39th MSOSH Awards Ceremony…
YTY Welcomes Employees Back to New Corporate Office as Vaccination Rates Exceed 99%
YTY is pleased to inaugurate its latest corporate premise as COVID-19 vaccination rates exceed 99% and employees return to the office. Vikram Hora, Chief Executive Officer of YTY Group, notes “Safety has been at the forefront of everything we’ve done over the past 20 months to ensure our employees and their families remain healthy and protected…
YTY Donates over 900 Care Packages in Celebration of Malaysia’s National Day
In celebration of Malaysia’s 64th National Day (Merdeka Day) which occurred on August 31, 2021, YTY is pleased to have donated 920 YTY Care Packages to community residents in the vicinity of its operations in Batu 10 Lekir, Perak, and to local agencies. Each YTY Care Package consisted of sanitization products, essential food and drink, and PPE.
YTY Accelerates EFC Reimbursement Payments on Humanitarian Grounds
YTY is pleased to announce its decision to accelerate payouts to blue collar employees from foreign countries (“EFC’s”) for fees charged to them by employment agents during their recruitment process so as to conclude the process entirely in June 2021. The previously announced EFC Reimbursement Program commenced last year…
YTY Awarded Supplier of the Year from US West Coast Distributor
YTY Group is pleased to announce that it has been awarded “Supplier of the Year” from TNT Enterprises International, Inc. (“TNT”), an established distributor of personal protection equipment (PPE) in the United States, based out of San Clemente, California. “It gives me great pleasure to recognize YTY with this award” says Anthony “Tony” Tonokaboni, CEO of TNT.
YTY Ends 2020 with a Best-In-Class EHS Track Record
YTY is pleased to confirm that it has finished the 2020 calendar year with a best-in-class track record in respect of Environment, Health and Safety (EHS) compliance. The Company has outperformed in specific metrics of review defined under the Occupational Safety and Health Act (OSHA). This includes both the Total Case Incident Rate (TCIR) measure of performance, and the Loss Time Injury Frequency Rate (LTIFR) measure of performance.
YTY is Recognized Twice for ESG Excellence
YTY is pleased to announce it has recently been recognized twice for excellence in Environment, Social and Governance (ESG) matters. YTY was recently awarded the Gold Class I award by the Malaysian Society for Occupational Safety & Health (MSOSH), the governing body for occupational safety and health standards and compliance within Malaysia, based on their assessment of the GP Lumut facility, which is part of Green Prospect Sdn. Bhd.
YTY Initiates EFC Reimbursement Payments As Planned
YTY is pleased to confirm it has initiated payments to blue collar employees from foreign countries (“EFC’s”) for fees charged to them by employment agents during their recruitment process. In announcing the extension of our Employee Reimbursement Program in August 2020 to cover all EFC’s, we indicated that first payments for the initial cohort of employees would be made in October 2020. We are pleased to confirm we have executed against plan.
YTY Announces an Extension of Its Employee Reimbursement Program
YTY is pleased to announce that it is extending the Employee Reimbursement Program (“ERP”), which seeks to reimburse blue collar employees from foreign countries (“EFC’s”) for fees charged to them by employment agents during their recruitment process.
Malaysia’s National Security Council Commends YTY for COVID-19 Preparedness
YTY is pleased to confirm that, as part of a recent unannounced audit by the National Security Council (NSC), also known as Majlis Keselamatan Negara Malaysia (MKN), the federal agency concluded its review by commending the Company for the exemplary standards it has set for COVID-19 preparedness within its factory premises, hostels, and employee canteens.
YTY Group Awarded Supplier of the Year
YTY Group is pleased to announce that it has been awarded Supplier of the Year by Clinical Supply Co. (CSC) in the United States. “We are delighted to provide YTY with this award” says Mark Carnahan, who leads CSC, “particularly as it seeks to recognize outperformance at both the Medisafe Technologies business in Indonesia and the YTY business in Malaysia, given our on-going business relationship with both group entities.
YTY Increases Its Medical Glove Donations During the COVID-19 Crisis
Given the rapid spread of COVID-19 in and around Southeast Asia, YTY has stepped-up its efforts by increasing its donation to 3 million medical gloves within the region. In addition to donating 1 million medical gloves to Wuhan, China, in January 2020 as part of consortium of medical companies who banded together to assist the city as it battled COVID-19.
YTY Subsidiary Awarded Twice for Environmental Achievement
YTY’s wholly-owned subsidiary, Medisafe Technologies, has recently been recognized twice for its achievements in respect of environmental sustainability: the Green Industry, or “Industri Hijau,” status by the Indonesian Ministry of Industry (Kementerian Perindustrian), and the Blue, or “Biru” award, conferred by the region of North Sumatera.
YTY Appoints Head of Social Compliance & Corporate Governance
YTY is pleased to announce the appointment of Harinder Kaur to its leadership team to focus on Social Compliance and Corporate Governance initiatives. Vikram Hora, Chief Executive Officer of YTY, notes “Social compliance concerns have remained at the forefront of our industry in recent months, especially as it relates to the treatment of the foreign workers…
YTY Donates One Million Gloves to Fight the Coronavirus
YTY is pleased to donate one million Nitrile single-use Examination gloves to healthcare workers in China to assist them to fight the Coronavirus (2019-nCoV), which has thus far infected over 10,000 people and taken the lives of 213. The giving was part of a larger pledge by leading manufacturers in Malaysia of single-use Examination gloves made from Natural Rubber and Nitrile.
YTY Group Issues Statement on Social Compliance
Given the increasing public review and commentary on the topic of social compliance as it relates to manufacturers of single-use Examination and Surgical gloves, YTY Group, as a large and long-standing member of this industry, has felt it necessary to clarify our position on this important topic. It is our hope that through this statement we provide guidance on our social compliance policies and practices, and the future direction we seek to take on this matter.
YTY Kicks Off IRGCE 2024 with a Focus on Innovation and Sustainability
YTY is pleased to participate in the International Rubber Glove Conference & Exhibition (IRGCE) 2024. The exhibition, which is staged once every two years, is perennially hosted by the Malaysian Rubber Glove Manufacturer’s Association (MARGMA). IRGCE is the industry’s leading trade show that brings together customers, suppliers, and other stakeholders involved in the rubber glove manufacturing ecosystem.
YTY Organizes Anti-Bullying & Crime Prevention Workshop for Young Students of SK Batu 10 Lekir
In conjunction with Malaysia’s National Day, YTY organized a Corporate Social Responsibility (CSR) event at Sekolah Kebangsaan (SK) Batu 10 Lekir, focusing on an important topic, “Anti-Bullying and Crime Prevention for Children.” The workshop was the main event during the school’s month-long National Day 2024 campaign which ends on Malaysia Day on September 16, 2024.
YTY Industry Recertified with WRAP Gold Social Compliance Accreditation
YTY Industry is pleased to announce it has been awarded a second consecutive Gold certification with no findings by Worldwide Responsible Accredited Production (WRAP) for our Malaysian manufacturing operations. WRAP is an independent not-for-profit audit agency with a globally recognized accreditation standard that utilizes a rigorous and well-defined certification framework for social compliance monitoring and evaluation.
YTY Employees Lead Mangrove Replantation Effort in Changkat Keruing, Perak
YTY is pleased to have organized a mangrove planting activity in Changkat Keruing, Perak, as part of our on-going corporate social responsibility (CSR) efforts. The CSR activity involved the voluntary participation of 50 employees and their family members and, in addition to the planting itself, included an insightful environmental awareness talk aimed at fostering a deeper understanding of the importance of mangrove ecosystems.
Investing in Tomorrow: YTY Supports Refurbishment of Local School Library
YTY is pleased to sponsor the refurbishment and relocation of a library and resource center at Sekolah Jenis Kebangsaan Tamil (SJKT) Maha Ganesa Viddyasalai, a local primary school situated in the Manjung district, a short distance away from YTY’s Sitiawan manufacturing facilities. The sponsorship reflects YTY’s ongoing commitment to education, community development, and empowering young learners.