Malaysia’s Plastics Industry Takes Charge: Driving Local Recycling and Voluntary EPR from the Ground Up

Industry representatives from ACCCIM, FMM, MAREA, MPMA and MPRA at a joint meeting to finalise their Budget 2027 submission to the Ministry of Finance, proposing measures to strengthen Malaysia's recycling ecosystem ahead of mandatory EPR by 2030

PETALING JAYA, Selangor, July 21 (Bernama) -- Malaysia’s plastics industry is not waiting for 2030. Driven by accelerating environmental concerns, while the transition to a circular economy is already well underway, our efforts must be scaled up. As the country prepares for mandatory Extended Producer Responsibility (EPR) under the Circular Economy Blueprint for Solid Waste in Malaysia (2025-2035), leading industry players are already taking concrete steps on the ground. From collecting recyclables, educating communities, to building the foundations of a local circular economy, these efforts help to reduce Malaysia’s reliance on imported petrochemical feedstock and crude oil-derived raw materials from the Middle East, whilst developing domestic circular production and consumption practices.

Five industry associations: The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), Federation of Malaysian Manufacturing (FMM), Malaysian Recycling Alliance (MAREA), Malaysian Plastics Manufacturers Association (MPMA) and Malaysian Plastics Recyclers Association (MPRA), have come together to drive this agenda collectively, combining on-the-ground action with coordinated industry advocacy.
 
Industry Action on the Ground
MAREA, Malaysia’s first voluntary industry-led EPR initiative, was established in 2021 by ten major FMCG companies committed to improving domestic collection and recycling rates for packaging waste. Since then, MAREA has tested practical approaches to EPR implementation by supporting collection, sorting and recycling partners across Peninsular Malaysia, Sabah and Sarawak, involving multiple actors across the recycling value chain. Through these projects, MAREA has generated practical insights into local collection systems while supporting community-based communication, education and public awareness initiatives to encourage waste separation and recycling. These on-the-ground experiences contribute to the Government’s data-informed development of Malaysia’s EPR Policy Framework and support the transition from voluntary to mandatory EPR.
 
Since October 2020, Nestlé Malaysia has been running Project SAVE (Segregate, Avoid, Value, Educate), its flagship voluntary EPR programme and Malaysia’s largest corporate-led household recycling collection initiative, implemented in partnership with seven local municipal councils across nine cities in Selangor, Kuala Lumpur, Penang and Kedah. The programme is reaching over 270,000 households on a weekly and bi-weekly basis and has collected approximately 49,000 tonnes of dry mixed recyclables and recoverables to date (of which 32,000 tonnes are plastics). Through these efforts, Project SAVE is helping to strengthen recycling habits among communities through comprehensive CEPA (Communication, Education & Public Awareness) and support Malaysia’s transition towards a more circular economy.
 
On the education front, MPMA runs The Green Truck, a mobile recycling education programme that visits schools across Malaysia to bring the 3Rs (Reduce, Reuse and Recycle) to life for students since 2022. To date, The Green Truck has reached more than 40,000 primary and secondary students nationwide, helping to build recycling awareness and habits from a young age.
 
MPRA has launched the Education Next Generation Programme, aiming to reach 24 primary schools across Peninsular Malaysia by 2027. Since 2024, MPRA and its members have collectively supported over 1,000 education, community engagement and recycling campaign programmes nationwide. Beyond schools, MPRA works with residential communities, commercial premises and public events to promote recycling through education, public awareness and collection campaigns across Penang and the Klang Valley. MPRA also serves as an industry connector, linking consumers, collectors and plastic recyclers to strengthen collection networks, improve plastic recovery and accelerate Malaysia's transition towards a circular economy.
 
A Shared Opportunity
Waste management and recycling is a shared responsibility between governments, businesses and individuals. These efforts gained fresh momentum following a luncheon dialogue on 11 May 2026, organised by ACCCIM and attended by YB Liew Chin Tong, Deputy Minister of Finance, and YB Sim Tze Tzin, Deputy Minister of Investment, Trade and Industry. The dialogue brought together recyclers, manufacturers and major plastic product users to explore how local recyclers could be better matched with large-scale plastic consumers to close the circular loop domestically. The conversation was particularly timely given the ongoing geopolitical disruptions in the Middle East that have affected global petrochemical feedstock supply. The government expressed strong support for this direction.
 
Building on this momentum, the five associations convened a series of industry roundtables to take stock of where the recycling value chain stands today, identify areas for improvement and map out a way forward together. Discussions covered the practical realities facing recyclers and manufacturers on the ground, from tax considerations under the Sales and Service Tax (SST) framework to gaps in collection infrastructure and opportunities to enhance existing government incentives.
 
Supporting the Voluntary EPR Phase
As part of this coordinated effort, the five associations have jointly submitted a policy position paper to the Ministry of Finance ahead of Budget 2027, titled “Budget 2027: Accelerating Plastics Circularity and EPR Adoption in Malaysia.” The submission outlines how targeted fiscal measures could help complement industry’s voluntary action and strengthen Malaysia’s recycling ecosystem ahead of mandatory EPR in 2030. Key proposals include:
 
• Expanding the Green Investment Tax Allowance (GITA) with a dedicated Circular Economy and EPR category to support investment in collection, sorting and material recovery infrastructure;
• Targeted SST relief for plastic traders, stockists, collectors, sorters and EPR compliance fees, to ease structural cost pressures across the recycling value chain;
• Extending diesel subsidy (SKDS) eligibility to recycling collection and logistics fleets, including RORO (Roll-On Roll-Off) trucks widely used for recyclables collection, on par with existing landfill logistics support;
• Tax deductions to support circular economy certifications and consumer education campaigns on waste separation at source; and
• An early adopter incentive to reward companies that begin EPR implementation during the voluntary phase from 2026 to 2029, encouraging early action across the supply chain.
 
The voluntary EPR stage commencing in 2026 is a valuable window for industry to prepare. Getting collection infrastructure in place, raising consumer awareness and aligning the supply chain now will ensure Malaysia is well-positioned when mandatory EPR takes effect in 2030. The five associations remain committed to working closely with the government to make this transition a success, and look forward to continued engagement with the Ministry of Finance and relevant agencies as the proposals are considered. 

About the Signatory Associations
• ACCCIM – Associated Chinese Chambers of Commerce and Industry of Malaysia is the largest Chinese business organisation in Malaysia, championing the interests of the business community.
• FMM – Federation of Malaysian Manufacturing is the premier organisation representing the manufacturing and manufacturing-related services sectors in Malaysia.
• MAREA – Malaysian Recycling Alliance is Malaysia’s first voluntary industry-led EPR initiative, established in 2021 by ten major FMCG companies committed to driving plastic packaging recycling and circular economy in Malaysia.
• MPMA – Malaysian Plastics Manufacturers Association, established in 1967, is the official voice of Malaysia’s plastics industry, representing 800 members accounting for 60% of the nation’s plastics manufacturers and 80% of plastics production.
• MPRA – Malaysian Plastics Recyclers Association represents Malaysia’s plastics recycling industry, advocating for a stronger domestic recycling sector and circular economy.
 
SOURCE: Malaysian Plastics Manufacturers Association (MPMA)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Crystal Cheah
Malaysian Plastics Manufacturers Association (MPMA)
Tel: 03-7876 3027
Email: crystal@mpma.org.my 

--BERNAMA

Bitget Launches Industry-First Cross-Asset Unified Account With 100 US Stock Tokens as Margin

VICTORIA, Seychelles, July 20 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the industry's first Cross-Asset Unified Account (UTA), bringing more than 370 eligible assets—including 100 US stock tokens (rTokens)—into a single margin pool. The launch extends unified margin beyond crypto, allowing tokenized equities to function alongside digital assets within one account.

As crypto and traditional financial markets become increasingly connected, users expect assets to do more than represent ownership. The next stage of tokenization focuses on utility, allowing assets to support multiple financial activities from a single account. Bitget's Cross-Asset Unified Account advances that shift by integrating tokenized US equities into the same capital framework used for crypto trading.

The Cross-Asset Unified Account represents the third evolution of exchanges’ trading account architecture, with each stage focused on improving capital efficiency. The first generation isolated margin by asset and position, leaving capital fragmented across multiple accounts. The second unified multiple cryptocurrencies into a single margin pool, allowing one pool of collateral to support multiple crypto positions. The latest generation extends that framework beyond cryptocurrencies, bringing tokenized US stocks and other real-world assets into the same unified margin system. By giving RWAs the same status and utility as crypto, the Cross-Asset Unified Account allows eligible assets across different markets to work together within a single capital framework.

“Bringing stocks onchain is the first step but the real breakthrough comes when those assets can work with the same flexibility as crypto,” said Gracy Chen, CEO of Bitget. “Capital efficiency is one of the principles behind UEX, and the Cross-Asset UTA puts that idea into practice. A stock position should be able to hold value, support another trade, or unlock liquidity instead of sitting in isolation.”

Eligible rTokens can now serve several purposes simultaneously. Users can maintain exposure to the underlying US equities, receive cash dividend distributions where applicable, use rTokens as margin for futures and margin trading, or pledge them as collateral to borrow stablecoins. The same asset can support multiple portfolio strategies without requiring users to exit their positions.

The initial rollout supports 100 tokenized US equities spanning leading US-listed companies, including rAAPL, rAMZN, rMETA, rTSLA, rGOOGL, rNVDA, rMSFT, rQQQ, rSPY, rJPM, rWMT, rV, and rMSTR, among others. Eligible collateral receives discount rates of up to 95%, subject to asset-specific tiers and holding size. Borrowing rates remain market-based and update hourly according to supply and demand.

The Cross-Asset Unified Account builds on the rapid expansion of Bitget's tokenized equities ecosystem. Since the launch of the licensed RWA protocol Reality, rToken, the RWA asset issued by Reality, has surpassed $100 million in assets under management within its first month, while generating more than $671 million in cumulative trading volume. By bringing tokenized equities into the same capital framework as crypto assets, Bitget is extending their role beyond market access to capital deployment, allowing users to trade, borrow, and manage global assets more efficiently through a single account.

Bitget plans to continue expanding the range of assets supported within the Cross-Asset Unified Account as the Universal Exchange evolves to connect crypto and traditional financial markets through a single trading experience.

For more information, visit here.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8016503f-4d8d-4df8-a2b2-ac3e74cbf95e

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Professor Uwe Siebert Receives SMDM Career Achievement Award

KUALA LUMPUR, July 17 (Bernama) -- The Society for Medical Decision Making (SMDM) has presented its highest career honour, the 2026 Career Achievement Award, to Professor Uwe Siebert of UMIT TIROL and Harvard University.

Presented during the Leadership Awards Session at the SMDM 48th Annual Meeting in Oslo, Norway, Professor Siebert was recognised for his decades of transformative contributions to medical decision-making through groundbreaking research, international leadership, education and service.

The award recognises distinguished senior investigators whose sustained contributions have significantly advanced the science and practice of medical decision-making. Recipients are selected via a competitive nomination process following an open call and are evaluated by the Society's Awards Committee.

“This award reflects not only my own work but also the dedication and expertise of my entire team. It also reflects the support, encouragement, and inspiration I have received throughout my career from my students, fellows, colleagues, mentors, friends, and my family,” said Professor Siebert in a statement.

Professor Siebert serves as Professor of Public Health, Medical Decision Making and Health Technology Assessment and Head of the Institute of Public Health, Medical Decision Making and Health Technology Assessment at UMIT TIROL – University for Health Sciences and Health Technology in Austria. 

He is also Adjunct Professor of Health Policy and Management, and Epidemiology, at the Harvard T.H. Chan School of Public Health and an affiliated researcher at the Center for Health Technology Assessment at Mass General Brigham, Harvard Medical School.

Professor Siebert earned his Master of Public Health from the Munich School of Public Health and Epidemiology and both his Master of Science in Epidemiology and Doctor of Science in Health Policy and Management from the Harvard School of Public Health.

His pioneering work in medical decision analysis, benefit-harm assessment and health-economic evaluation has advanced the science of evidence-based healthcare while directly informing clinical guidelines, cancer screening programmes, health technology assessments, reimbursement decisions and national health policies worldwide.

Throughout his career, Professor Siebert has advised governments, health technology assessment agencies, professional societies and international organisations on evidence-based policy and healthcare decision-making, and has authored more than 500 publications.

-- BERNAMA

MODON, NAMMOS LAUNCH LUXURY EGYPT DESTINATION

KUALA LUMPUR, July 17 (Bernama) -- Abu Dhabi-based Modon Holding and Nammos Hotels & Resorts have unveiled Nammos Ras El Hekma, the hospitality brand's first fully integrated destination in Egypt, as part of the US$35 billion Ras El Hekma masterplan on the country's North Coast. (US$1=RM4.07)

Located within the Wadi Yemm precinct, the development will comprise Nammos Residences, Nammos Resort, Nammos Village, and the Nammos Restaurant & Beach Club, alongside wellness, retail and leisure facilities designed to offer a Mediterranean-inspired lifestyle.

Nammos Residences will feature 72 apartments and a penthouse, while Nammos Resort will offer 79 hotel keys across five accommodation categories. Residents and visitors will have access to hospitality, wellness and recreational amenities within the emerging coastal city.

Modon Holding Group Chief Executive Officer (CEO), Bill O'Regan said Ras El Hekma is rapidly emerging as one of the Mediterranean's most ambitious destinations, adding that the project strengthens the company's vision of developing a year-round city offering world-class living, leisure and investment opportunities.

Meanwhile, Nammos Chairman, Petros Stathis said the launch marks a significant milestone in the brand's global expansion strategy, describing Egypt's North Coast as an ideal location to extend the Nammos brand.

Nammos Hotels & Resorts CEO, Carolyn Turnbull said the destination has been designed to seamlessly integrate hospitality, residences and lifestyle experiences while reflecting the energy and identity that have defined the Nammos brand for more than two decades.

Nammos Ras El Hekma forms part of the 170.8 million square metre Ras El Hekma masterplan, which is expected to attract US$110 billion in investment by 2045, according to a statement.

Wadi Yemm is the first of the development's 17 precincts to enter the delivery phase, with the wider project planned as a mixed-use city featuring residential, commercial, tourism and cultural districts supported by road, sea and air connectivity.

-- BERNAMA

HEALING MEETS HOSPITALITY COMES TO LIFE THROUGH DR WIRA & SISTER MANJA

Dato' Sri Siti Nurhaliza, Brand Ambassador of Malaysia Healthcare Travel Council (MHTC), pictured with Dr Wira and Sister Manja official plushies, following MHTC's strategic collaboration with Tourism Malaysia in conjunction with MYMT 2026 and VM2026.

KUALA LUMPUR, July 15 (Bernama) -- Malaysia Healthcare Travel Council (MHTC) today introduced Dr Wira and Sister Manja, Malaysia Healthcare's healthcare-inspired interpretation of Wira and Manja, the official mascots of Visit Malaysia 2026. Developed in collaboration with Tourism Malaysia, the initiative extends the spirit of Visit Malaysia 2026 into Malaysia's medical tourism story, bringing Malaysia Healthcare's brand promise of Healing Meets Hospitality to life while supporting the Malaysia Year of Medical Tourism 2026 (MYMT2026).

Originally introduced as the official mascots of Visit Malaysia 2026, Wira and Manja were inspired by the Malayan Sun Bear, one of Malaysia's most treasured native species. Beyond celebrating the country's rich biodiversity, the duo embodies the warmth, resilience, friendliness and welcoming spirit that define the Malaysian experience. These qualities have long shaped how visitors experience Malaysia as a tourism destination. Today, MHTC builds on that same foundation by translating these values into the healthcare journey, where patients are welcomed with world-class clinical expertise, compassionate care and genuine Malaysian hospitality.

Recognising the strong alignment between the values represented by Wira and Manja and the Malaysia Healthcare experience, MHTC has reimagined the beloved tourism mascots as Dr Wira and Sister Manja. Rather than creating new mascots, this healthcare-inspired interpretation extends the story of Visit Malaysia 2026 into medical tourism, illustrating how the same Malaysian hospitality that welcomes visitors also accompanies patients throughout their healthcare journey.

While portrayed as a doctor and a nurse, Dr Wira and Sister Manja do not represent individual professions. Instead, they symbolise the entire Malaysia Healthcare ecosystem, honouring the collective contributions of doctors, nurses, allied health professionals, researchers, therapists, patient coordinators, caregivers and hospital support teams who work seamlessly together to deliver safe, high-quality and patient-centred care. Together, they embody the values that define Malaysia Healthcare: world-class clinical excellence, compassionate care, multidisciplinary collaboration, innovation and genuine Malaysian hospitality.

Every patient's journey is unique, yet what many remember most extends beyond successful treatment. They remember the reassuring smile before a procedure, the doctor who patiently explained every step of their care, the nurse who offered comfort during recovery, the patient coordinator who continued to check on them after returning home, and the many healthcare professionals whose kindness made them feel at home while receiving treatment in Malaysia.

These moments of empathy, attentiveness and genuine care, demonstrated by healthcare professionals across the country, have become hallmarks of the Malaysia Healthcare experience. They reflect a culture where healing goes beyond medicine, creating an environment where patients feel respected, reassured and cared for throughout every stage of their journey.
 
"Wira and Manja have become familiar representatives of Malaysia's warmth and hospitality through Visit Malaysia 2026. By reimagining them as Dr Wira and Sister Manja, we are extending that same Malaysian spirit into healthcare, celebrating the people and values that have made Malaysia a preferred healthcare destination. They are not simply characters in medical uniforms, but a reflection of the compassion, professionalism and hospitality that patients experience throughout their healthcare journey,” said Dato’ Suriaghandi Suppiah, CEO of Malaysia Healthcare Travel Council.

With Dato' Sri Siti Nurhaliza serving as the official Malaysia Healthcare Brand Ambassador, the introduction of Dr Wira and Sister Manja further strengthens Malaysia Healthcare's brand narrative under the Malaysia Year of Medical Tourism 2026. While Dato' Sri Siti continues to champion Malaysia's healthcare excellence with her trusted voice, authenticity and influence, Dr Wira and Sister Manja complement that role by bringing the Healing Meets Hospitality promise to life through visual storytelling and meaningful public engagement. Together, they reinforce Malaysia Healthcare's commitment to delivering not only world-class treatment but also a healthcare experience defined by compassion, empathy and genuine Malaysian hospitality.

Dr Wira and Sister Manja will make their public debut at selected Malaysia Healthcare engagements throughout the Malaysia Year of Medical Tourism 2026. Members of the public can also meet the mascots at the MH Wellness Fair on 16 July 2026 at Taylor's University Lakeside Campus, where they will have the opportunity to participate in a lucky draw to win the exclusive Dr Wira and Sister Manja plushies as well as MHTC X Dato’ Sri Siti Nurhaliza’s exclusive postcard.

Because in Malaysia, healing begins with hospitality, and hospitality begins with people.

SOURCE: Malaysia Healthcare Travel Council (MHTC)

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Muhammad Rasydan Bin Ma’at
Head of Unit, PR and Media Unit
Communications
Tel: +603 8776 6168
Email: rasydan.m@mhtc.org.my
 

Name: Mohamad Shahizam Fauzi

Head, Communications

Tel: +603 8776 6168

Email: shahizam.f@mhtc.org.my 

--BERNAMA

Toshiba Adds Four Digital Isolators For Industrial Use

 

KUALA LUMPUR, July 14 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has expanded its DCL34xx0B series of quad-channel standard digital isolators for industrial equipment with four new products.

According to Toshiba in a statement, all products in the series deliver low current consumption, are housed in a compact SSOP16 package, and support mid-speed communications.

The new products, “DCL340L0B” and “DCL340H0B” are configured with four forward channels and zero reverse channels, while “DCL342L0B” and “DCL342H0B” are configured with two forward channels and two reverse channels.

The products use Toshiba's proprietary magnetic coupling isolation transmission technology to meet market requirements for high reliability and long service life. They also incorporate a new circuit technology that enables low power consumption while maintaining stable data transmission speeds of up to 25 megabits per second (Mbps).

In addition, the products are rated for an isolation voltage of 3,000Vrms (minimum) and operate over a temperature range of -40 to 125 degrees Celsius (°C) with a supply voltage range of 2.25 to 5.5 volts (V), contributing to stable equipment operation and low power consumption.

All DCL34xx0B Series products are suitable for input/output (I/O) interface applications requiring multi-channel configurations, enabling flexible product selection according to application requirements.

Toshiba will contribute to the realisation of carbon neutrality by continuing to expand its lineup of digital isolators for industrial and automotive equipment, broadening the channel count and package options, and pursuing performance improvements.

Along with photocouplers that provide optical isolation, Toshiba will provide a lineup of high‑quality isolation devices that support stable operation in communications and control systems requiring electrical isolation.

-- BERNAMA

XIONG’AN NEW AREA JOINS GLOBAL DIGITAL ECONOMY CITIES ALLIANCE

KUALA LUMPUR, July 14 (Bernama) -- The 2026 Global Digital Economy Conference Xiongan Future Digital Intelligence Forum was recently held in Xiong'an New Area, attracting more than 600 guests, including academicians and experts, government representatives, research institutions, university delegates, enterprises and social organisations.

At the forum, Xiong'an New Area officially joined the Global Digital Economy Cities Alliance, successfully becoming part of the global digital economy collaborative development partnership network.

This move provides an international exchange platform for the New Area to participate in global digital governance, expand digital cooperation and enhance the international profile of the "Future City", according to a statement.

Two major regional collaborative development initiatives were officially launched at the forum. One aims to establish a Beijing-Tianjin-Hebei collaborative innovation demonstration zone for "AI + Manufacturing", jointly proposed by authorities from the three regions.

The second initiative seeks to integrate education, science, technology and talent development in digital intelligence between Xiong'an New Area and relocated Beijing universities, including Beijing Jiaotong University, the University of Science and Technology Beijing, Beijing Forestry University and China University of Geosciences (Beijing).

In addition, nine platform carriers under the Xiong'an New Area Digital Economy Innovation and Development Pilot Zone were awarded licences, covering satellite industrial parks, training bases and Zhongguancun Science Parks.

Concurrently, Xiong'an New Area also unveiled six major digital intelligence platforms and seven categories of independently developed digital intelligence products, showcasing the development of its digital economy.

The forum also featured Digital Intelligence Frontier sessions, keynote speeches and high-level dialogues. Domestic and international experts and scholars presented the latest developments in digital intelligence.

Going forward, Xiong'an New Area will use the forum to strengthen cooperation through the alliance platform, promote innovation and further develop its digital economy pilot zone.

-- BERNAMA