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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 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 and was scheduled to run through 2022.

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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.  “Our relationship with YTY goes back many fruitful years.

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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.

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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.

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YTY employees from foreign countries

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.

Read More »

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 and was scheduled to run through 2022.

Read More »

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.  “Our relationship with YTY goes back many fruitful years.

Read More »

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.

Read More »

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.

Read More »
YTY employees from foreign countries

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.

Read More »