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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 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.

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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 2021 held in Kuala Lumpur, Malaysia, this past November.

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YTY opens new corporate office

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 as we’ve navigated through the pandemic.

Read More »

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, or Kotak Prihatin YTY, consisted of sanitization products, essential food and drink, and personal protective equipment.

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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 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.

Read More »

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 2021 held in Kuala Lumpur, Malaysia, this past November.

Read More »
YTY opens new corporate office

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 as we’ve navigated through the pandemic.

Read More »

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, or Kotak Prihatin YTY, consisted of sanitization products, essential food and drink, and personal protective equipment.

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 »