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
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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

Liberty General Insurance Introduces PA Flex: Personal Accident Protection That Flexes With Your Life

KUALA LUMPUR, July 6 (Bernama) -- Life today looks very different from a decade ago. Malaysians are living more active lifestyles, travelling more frequently, balancing multiple responsibilities, and navigating an increasingly unpredictable environment. At the same time, rising living costs are prompting consumers to reassess their financial priorities and seek protection solutions that deliver greater value, flexibility, and relevance to their everyday lives.

Accidents and unforeseen events can happen anytime and anywhere, potentially disrupting income, creating unexpected expenses, and affecting the wellbeing of individuals and families. Yet affordability concerns and changing priorities have contributed to a growing protection gap, leaving many Malaysians underprotected against life's unexpected moments.
 
Recognising the need for accessibility and adaptable protection, Liberty General Insurance Malaysia introduces PA Flex, a comprehensive personal accident solution designed to support the way Malaysians live today. Available through our 3 brands, Liberty Insurance, Kurnia Insurance, and AmAssurance, PA Flex provides flexible coverage options that empower customers to choose protection that aligns with their lifestyles, priorities and budgets.
 
Protection That Moves With You
Built around the belief that protection should evolve alongside changing lifestyles, PA Flex offers seven plans, enabling customers to select the level of coverage that best suits their needs and financial circumstances. From essential protection to more comprehensive coverage, customers can tailor a plan that provides meaningful value without paying for benefits they may not require.
 
PA Flex delivers 24/7 worldwide coverage and provides financial protection against a broad range of accidents and unforeseen events, giving customers greater confidence wherever life takes them.
 
Protection for What Matters Most
At its core, PA Flex provides protection against the financial impact of accidents through benefits such as Accidental Death and Permanent Disability coverage, helping individuals and families maintain greater financial security during unexpected situations.
 
The plan also includes coverage for accident-related medical expenses, daily hospital income benefits, compassionate care support, and cashless hospital admission and discharge, helping customers focus on recovery while reducing financial concerns during challenging times.
 
To further enhance personal security, PA Flex includes additional benefits such as protection against snatch theft, kidnapping, and personal liability, providing added reassurance in today's increasingly dynamic environment.
 
For Malaysians travelling during festive seasons or relying on public transport, PA Flex also provides double indemnity benefits for accidents occurring during Malaysian public holidays or while travelling as a passenger on public transport, offering enhanced protection when people are most likely to be on the move.
 
More Than Accident Protection
Beyond providing financial support following an accident, PA Flex is designed to help customers recover and regain stability during challenging times.
 
The plan also includes coverage for accident-related medical expenses, daily hospital income benefits, compassionate care support, and cashless hospital admission and discharge, helping customers focus on recovery while reducing financial concerns during challenging times.
 
Customers can also enjoy additional personal safety benefits, including protection against snatch theft, kidnapping, and personal liability, providing an added layer of security in an increasingly complex environment.
 
For Malaysians travelling during festive seasons or relying on public transport, PA Flex provides double indemnity benefits for accidents occurring during Malaysian public holidays or while travelling as a passenger on public transport, offering enhanced protection when people are most likely to be on the move.
 
Designed for Modern Lifestyles
As Malaysians increasingly embrace active and experience-driven lifestyles, PA Flex extends beyond conventional personal accident coverage to protect customers during everyday activities and recreational pursuits.
 
The plan provides protection against everyday risks such as food poisoning, drowning, insect and animal bites, and accidental suffocation caused by smoke, fumes or poisonous gases. It also covers a variety of lifestyle and leisure activities, including amateur sports, motorcycling, underwater activities and scuba diving up to 50 metres, winter sports, and hunting.
 
Recognising that risks can arise unexpectedly, PA Flex also includes protection against natural disasters, exposure to natural elements, unprovoked murder and assault, disappearance, strike, riot and civil commotion, hijacking, terrorism, and intoxication arising from prescribed medication.

Supporting Financial Resilience in an Uncertain World
As economic uncertainties and evolving lifestyles continue to reshape consumer needs, the role of personal accident protection remains as important as ever. Individuals are increasingly seeking solutions that provide practical financial support and peace of mind when unexpected events disrupt their daily lives.
 
PA Flex reflects Liberty's commitment to making protection more accessible, relevant, and responsive to the realities of modern living. By combining core personal accident protection, lifestyle-centric coverage, and flexible plan options, PA Flex empowers individuals to stay protected with confidence and focus on what matters most.
 
As life continues to evolve, protection should evolve with it. With PA Flex, Liberty Malaysia is helping Malaysians embrace every opportunity with greater confidence, knowing they have dependable protection for life's everyday moments and unexpected turns.
 
For more information about PA Flex and other Personal Accident insurance solutions from Liberty General Insurance, please visit www.libertyinsurance.com.my. 

SOURCE: Liberty General Insurance Berhad 

FOR MORE INFORMATION, PLEASE CONTACT:
GO Communications
Name: Ong Jiun Ee
Senior Brand Manager
Tel: +6012 932 8450
Email: jiunee@gocomm.com.my 

Name: Adelle Lim
Senior Brand Manager
Tel: +6019 952 9209
Email: adellelim@gocomm.com.my 

Liberty General Insurance Berhad
Name: Haliza Hisham
Vice President
Brand & Marketing
Tel: +603 2619 9971
Email: halizah@libertyinsurance.com.my 

Name: Nur Qistina
Specialist
Brand & Marketing
Tel: +603 2619 9873
Email: nurqistina@libertyinsurance.com.my 

--BERNAMA 

RECORD UNVEILS SHARIA-COMPLIANT INVESTMENT PLATFORM

KUALA LUMPUR, July 8 (Bernama) -- Record Asset Management GmbH (RAM), a subsidiary of London-listed Record Financial Group plc (Record), has launched Record Amanah, a platform offering Sharia-compliant investment solutions to institutional investors, as it expands its private markets business.

The platform, developed in partnership with London-based Islamic finance advisory firm Khalij Group, will initially focus on private markets and private equity investments structured in accordance with Sharia principles while maintaining Record's investment, risk management and governance standards, according to a statement.

Record chief executive officer (CEO), Jan Hendrik Witte said the platform builds on the group's experience in delivering Sharia-compliant investment solutions and strengthens its ability to serve institutional clients seeking private market opportunities.

Meanwhile, Khalij Group CEO, Asim Khan said the partnership combines Islamic finance principles with Record's institutional investment expertise and global reach to provide investors with access to Sharia-compliant private market investments.

The launch follows a series of Sharia-compliant transactions completed by Record, including its most recent deal for a client in Brunei, and comes amid growing demand from institutional investors for investments that combine risk-adjusted returns with Islamic finance principles.

Record said the initiative expands its private markets capabilities and supports its strategy of broadening its international client base, particularly in the Middle East and Southeast Asia, where demand for Sharia-compliant investment solutions continues to grow.

Record manages approximately US$115 billion in assets for institutional clients worldwide, including pension funds, foundations, sovereign institutions and asset managers. Headquartered in London, the group operates offices in Europe, the United States and Asia. (US$1=RM4.07)

-- BERNAMA

Allianz General makes home protection smarter with multi-year coverage and exclusive rewards

Sean Wang, Chief Executive Officer of Allianz General

KUALA LUMPUR, July 3 (Bernama) -- Allianz General Insurance Company (Malaysia) Berhad (Allianz General) continues its 25th anniversary celebration by making home protection smarter and more rewarding with the Smart Home Cover Multi-Year Plan, offering three years of uninterrupted coverage and a complimentary 2-in-1 Hotpot & Barbecue Grill Cooker for eligible policies starting 1 July 2026.

Allianz General’s Smart Home Cover is a comprehensive home insurance solution designed to provide customers with smarter, more flexible home coverage tailored to their needs, ensuring peace of mind for homeowners, tenants and landlords.

With the Multi-Year Plan, customers can enjoy three years of uninterrupted protection with a single premium payment, eliminating the hassle of annual renewals while benefitting from lower premiums.

“Allianz General is committed to delivering value and convenience to our customers. With this campaign, the Smart Home Cover Multi-Year Plan not only ensures long-term protection for your home but also rewards our customers with an exclusive gift,” said Sean Wang, Chief Executive Officer of Allianz General.

With the increasing risks of natural disasters and unforeseen events, safeguarding one’s home is no longer optional, but a high priority. Allianz General’s Smart Home Cover goes beyond basic home insurance, offering a comprehensive, all-in-one solution that includes protection for home structure, contents and even additional benefits such as Mortgage Loan Installment Protection, HomeFix and Landlord Insurance.

Customers who opt for the Multi-Year Plan will not only enjoy lower premiums and uninterrupted three-year protection, but also free reinstatement for the first two valid losses paid under the HouseOwner or HouseHolder components.

To redeem the complimentary exclusive gift, customers can follow the steps below:

1. Contact an authorised Allianz General agent to purchase a Smart Home Cover Multi-Year policy with minimum gross premium of RM1,000. Only new policies are eligible; customers who previously held an annual Smart Home Cover policy and subsequently converted to the Multi-Year option during renewal will also be eligible for the complimentary gift.

2. Provide a valid mobile number and email address to the servicing agent during policy issuance.

3. Receive one (1) complimentary 2-in-1 Hotpot & Barbeque Grill Cooker within 30 working days from the policy issuance date, upon confirmation of delivery address via email.

The campaign will run from 1 July 2026 until the total number of cookers given away reaches 1,000 units. The giveaway is on a first-come first-served basis.

For more information on Allianz General’s Smart Home Cover Multi-Year Plan and this campaign, please visit: https://www.allianz.com.my/personal/home-motor-and-travel/home/smart-home-cover.html

SOURCE: Allianz Malaysia Berhad ​

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Shamala Gopalan
Group Head
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 016.285.0685
Email: shamala.gopalan@allianz.com.my

Name: Gary Mark Nagan
Manager
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 012.367.1450
Email: gary.nagan@allianz.com.my

--BERNAMA

GUEST SUPPLY, HAAN SIGN LICENSING DEAL FOR APAC HOTELS

KUALA LUMPUR, July 3 (Bernama) -- Guest Supply Asia, part of Sysco Corporation, has announced a licensing agreement with HAAN, a personal care brand, to manufacture and distribute HAAN-branded personal care products for hotels across Asia Pacific (APAC).

The agreement combines HAAN’s design-led, refillable approach to personal care with Guest Supply’s product development, manufacturing, distribution and service capabilities for hotel operators, giving hospitality customers easier access to premium, operationally ready products.

Guest Supply senior vice president, EMEA and APAC regions, Gustaf Lantz in a statement said this partnership is a strong fit for the hospitality market in the APAC.

“It combines HAAN’s modern, refillable design and clean formulations with Gilchrist & Soames’ expertise in developing and manufacturing high-quality amenities and Guest Supply’s ability to distribute at scale across the region,” added Lantz.

Under the agreement, Guest Supply will work with HAAN to localise product formats and operational requirements for the APAC hospitality market, supporting consistent brand execution, dependable supply and streamlined ordering for hotel partners.

A travel-centric personal care brand, HAAN is known for practical, portable products designed for life on the go. Its formulas emphasise clean, natural and vegan ingredients, while its refillable systems are designed to reduce single-use plastic waste.

HAAN products are already available in more than 50 countries through thousands of points of sale, including concept and department stores, beauty chains and select travel retail locations.

Guest Supply said the partnership is intended to accelerate availability and service levels for hospitality customers across the region.

-- BERNAMA

HEILONGJIANG TOURISM CONFERENCE TO OPEN IN JIXI CITY ON JULY 8 – 9

The autumn landscape of the Xingkai Lake embankment in Mishan, Jixi City, Heilongjiang Province (drone photo)

KUALA LUMPUR, July 3 (Bernama) -- The eighth Tourism Industry Development Conference in Heilongjiang Province will open in Jixi City from July 8 to 9, under the theme "Integration, Innovation, and Opportunity".

Centred on the theme and guided by principles of simplicity, safety and excellence, the conference aims to build platforms for cultural-tourism exchange and cooperation, innovative applications, and consumption upgrading.

It will showcase Heilongjiang’s ecological beauty, industrial heritage, culinary offerings, and openness, further unlocking the potential of cultural and tourism consumption, according to a statement.

During the conference, Jixi City will roll out a series of curated travel itineraries built around three themes, namely "Ignite the Games, Rock the Lakes", "Drive the Border, Embrace Wellness", and "Explore the Countryside, Learn Through Play".

A range of visitor-friendly incentives will also be introduced, including dining discounts, guaranteed accommodation packages, free admission to scenic spots, and shopping promotions, aimed at enhancing the overall travel experience.

The Department of Culture and Tourism of Heilongjiang Province Deputy Director, Jiang Xingcheng said this year's conference features three highlights.

First, driven by integration, it seeks to build a new landscape for all-for-one tourism by promoting deeper links between culture and tourism with industry, agriculture, commerce and sports, including the development of a signature travel IP linked to sporting events.

Second, driven by innovation, the event will leverage digital and intelligent technologies. A dedicated smart culture and tourism exhibition zone will feature applications such as AI-powered tourism services, metaverse immersive experiences, and digital intangible cultural heritage displays.

Third, as a platform for cooperation, the conference will strengthen international engagement through the Belt and Road Initiative, bringing together government and business representatives from 13 countries and regions and expanding Heilongjiang’s global cultural and tourism partnerships.

-- BERNAMA

AZALEA VISION SECURES EIC ACCELERATOR FUNDING TO ADVANCE SMART CONTACT LENS PLATFORM

Azalea Vision Co-founder and CTO Andrés Vásquez Quintero undergoing an on-eye evaluation of the ALMA smart contact lens.

KUALA LUMPUR, July 3 (Bernama) -- Azalea Vision, a Belgian healthtech company, announced it has been selected for the European Innovation Council (EIC) Accelerator, the European Union’s (EU) flagship programme for breakthrough, market-creating deep tech.

As the only Belgian company selected in this round, Azalea Vision will receive up to 7.5 million euros, including a non-dilutive 2.5 million euros grant and a planned five million euros equity investment from the EIC Fund, to advance its medical-grade smart contact lens platform into clinical development. (1 Euro = RM4.64)

“This is one of the toughest funding programmes in the world to win, and it validates everything we have been building, our technology, our vision, and the size of the market in front of us.

“Our technical validation is nearly complete, and the core platform works. This award gives us the resources to prove it clinically and to do it from Europe. We intend to move fast,” said Azalea Vision co-founder and chief technology officer, Andrés Vasquez Quintero in a statement.

The EIC Accelerator, part of the EU’s Horizon Europe programme, supports the start-ups judged most likely to create or disrupt global markets, and fewer than five per cent of applicants make it through its expert and jury reviews.

The EIC Fund's equity investment alongside the grant signals confidence in a company's technology, vision and market while reducing risk for private co-investors. Azalea Vision ranked among the highest-scoring applicants in its cohort and has begun the funded programme.

The funding will support clinical development alongside the final engineering work needed to bring the platform to patients.

With core platform functionality established and technical validation nearing completion, the EIC award accelerates the transition from proven technology to a certified medical product.

Following the EIC endorsement, Azalea Vision has begun discussions with strategic and financial investors across Europe and the United States to co-invest alongside the EIC Fund in its upcoming financing round.

-- BERNAMA

MALAYSIA HEALTHCARE CONNECTS CAMBODIAN FAMILIES WITH LEADING MALAYSIAN HOSPITALS DURING FIRST-EVER PHNOM PENH EXPO

 

His Excellency Professor Sok Chour, Adviser and Deputy Director General of Health; Nur Herzazzila Ghazali, Deputy Chief of Mission and Counsellor at the Embassy of Malaysia in Phnom Penh; and Suriaghandi Suppiah, Chief Executive Officer of the Malaysia Healthcare Travel Council (MHTC), during the official launch of the Malaysia Healthcare Expo in Phnom Penh, Cambodia. 

PHNOM PENH, June 29 (Bernama) -- Malaysia Healthcare Travel Council (MHTC) today launched the first-ever Malaysia Healthcare Expo (MHX) Phnom Penh, marking the first MHX to be held in Cambodia and the organisation’s first consumer-focused healthcare expo outside Indonesia. Cambodia rapidly emerges as an increasingly important growth market for Malaysia Healthcare. Healthcare traveller volume from Cambodia surpassed 12,000 in 2025, while healthcare travel revenue reached RM30.3 million, underscoring the rising trust that Cambodian patients place in Malaysia’s healthcare ecosystem.

Held from 26 to 28 June 2026 at Aeon Mall Sen Sok City, the three-day expo represents a significant milestone in Malaysia Healthcare’s efforts to deepen engagement with Cambodian healthcare tourists and strengthen Malaysia’s position as a preferred healthcare destination in the region. Organised under the Malaysia Year of Medical Tourism 2026 (MYMT 2026) campaign themed Healing Meets Hospitality, the event reflects Malaysia Healthcare’s commitment to bringing Malaysia’s excellent healthcare facilities closer to international patients through direct engagement, meaningful conversations and greater accessibility to quality care.

Speaking at the launch, Chief Executive Officer of MHTC, Suriaghandi Suppiah said the inaugural expo reflects Malaysia Healthcare’s growing commitment to the Cambodian market.

"As MHX Phnom Penh brings hospitals and specialists directly to Cambodian families, we hope to provide trusted, quality care that are easier to access and understand. This is what the Malaysia Year of Medical Tourism 2026 is about: meeting patients where they are and building lasting relationships across the region," he said.

The launch ceremony was attended by His Excellency Professor Sok Chour, Adviser and Deputy Director General of Health of the Kingdom of Cambodia, whose presence underscored the growing healthcare partnership between Malaysia and Cambodia. MHTC also acknowledged the continued support of the Embassy of Malaysia in Cambodia, which has played an instrumental role in strengthening Malaysia Healthcare’s presence in the market since its earliest activations.

MHX Phnom Penh featured leading Malaysian healthcare providers, including MHTC’s Flagship Medical Tourism Hospitals, namely Institut Jantung Negara (IJN) and Subang Jaya Medical Centre. Other participating institutions included Alpha IVF & Women’s Specialists Centre; KPJ Ampang Puteri Specialist Hospital; KPJ Damansara Specialist Hospital; KPJ Damansara Specialist Hospital 2; MSU Medical Centre; Sunway Medical Centre Penang; Sunway Medical Centre, Sunway City; and Thomson Hospital Kota Damansara. The expo also featured Asia OneHealthcare, represented by Beacon Hospital and Subang Jaya Medical Centre, as well as IHH Healthcare Malaysia, represented by Gleneagles Kuala Lumpur, Pantai Hospital Kuala Lumpur and Prince Court Medical Centre.

The three-day event is also joined by Maybank Cambodia as the official Banking Partner, One Health as the Social Media Partner, as well as the various government agencies, ministries, healthcare stakeholders, and private-sector partners whose support and guidance have contributed to strengthening Malaysia’s position as a preferred healthcare destination for Cambodian patients. 

About Malaysia Healthcare Travel Council
 
Malaysia Healthcare Travel Council (MHTC), established in 2009 under the purview of the Ministry of Health (MOH) Malaysia, is entrusted with developing and nurturing the “Malaysia Healthcare” brand. MHTC enhances, coordinates, and promotes Malaysia’s healthcare travel industry by fostering industry collaborations and building valuable public-private partnerships both domestically and internationally. With 82 member hospitals nationwide, MHTC continues to elevate the healthcare travel ecosystem through strong branding, seamless patient experiences, and strategic market initiatives. In line with these efforts, MHTC is spearheading the Malaysia Year of Medical Tourism (MYMT) 2026, the nation’s first dedicated year to celebrate and advance healthcare travel. MYMT 2026 serves as a milestone initiative to showcase Malaysia’s world-class healthcare offerings, strengthen its position as the premier global healthcare destination, and highlight the industry’s significant contribution to the national economy.
 
More information can be found at https://www.mhtc.org.my/. 

SOURCE: Malaysia Healthcare Travel Council (MHTC)

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Mohamad Shahizam Fauzi                                                    
Head, Communications
Tel: +603 8776 6168
Email: shahizam.f@mhtc.org.my

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

--BERNAMA 

Chery Malaysia Marks Three Years of Driving Investment, Growth and Nation-Building for Malaysia

(fifth from left) His Highness Tengku Amir Shah, The Raja Muda of Selangor was present together with (first from left) Chen Chun Qing, Vice President of Chery International, Zhang Guibing President of Chery International and Yin Tongyue, Chairman of Chery Automobile Co. Ltd during the groundbreaking ceremony of Chery Smart Auto Industrial Park held early in 2025.

KUALA LUMPUR, July 1 (Bernama) -- Chery Malaysia continues to deepen its roots in the country through investments that create jobs, partnerships that strengthen local industries, and initiatives that deliver value to communities nationwide. Over the past three years, the automotive company has focused on creating long-term value for Malaysia by contributing to economic development, talent cultivation and community well-being.

A key milestone in Chery Malaysia's long-term commitment in Malaysia is the development of the Chery Smart Auto Industrial Park manufacturing facility in Lembah Beringin, Selangor.

Chery recently celebrated the topping-out of phase one, marking the completion of the main structure of the assembly plant, following a groundbreaking ceremony held last year in the presence of His Highness Tengku Amir Shah, The Raja Muda of Selangor.

The 200 acre facility is expected to become a catalyst for economic growth in the area, driving industrial development while creating new employment and local business opportunities. Upon completion of the first phase, the plant is expected to generate approximately 2,000 jobs, with total direct employment projected to grow to 5,000 positions through subsequent development phases planned for 2028 and 2029.

Chery's commitment to Malaysia extends beyond mobility. Through strategic industry collaborations, supplier development initiatives and talent-building programmes, while creating job opportunities for Malaysians.

Efforts such as the Chery’s Supply Chain Programme have fostered partnerships between local and international industry players, encouraging technology exchange, skills development and supply chain growth. At the same time, Chery continues to nurture future talent through knowledge transfer initiatives, technical training and collaborations with local TVET institutions, helping equip the next generation of Malaysians with the skills needed to thrive in an evolving automotive industry.

Beyond business growth, Chery believes in making a positive difference in the communities where it operates from community welfare, environmental conservation to sports and youth development.

Among these efforts was Chery's swift response during the Putra Heights fire incident whereby 50 Chery vehicles were loaned to affected residents helping them ease their mobility needs as well as monetary support to a local mosque providing shelter to the victims.

Chery has also contributed to environmental conservation programmes, including partnerships focused on biodiversity protection and turtle conservation programmes.

The company has backed youth and sporting excellence initiatives such as the Olympic Games 2023, Asian Youth Para Games 2025 and most recently the inaugural Chery x Lee Chong Wei Cup which will be held next month, helping provide opportunities for young local athletes to pursue their aspirations and realise their potential.

"Our journey in Malaysia goes beyond mobility. By investing in people, creating opportunities and supporting communities, we are committed to advancing with Malaysia and delivering value beyond the automotive industry and create a lasting impact for generations to come,” said Men Lin Bo, Chery Corporate Malaysia Executive Vice President.

Chery Malaysia also believes in fair and healthy competition within the automotive industry as it drives innovation and ultimately benefits Malaysian consumers.

About Chery Malaysia
Chery Malaysia is part of Chery Automobile Co., Ltd., a subsidiary of Chery Group, a leading Chinese automobile manufacturer headquartered in Wuhu, China. Established in 1997, Chery has been a key player in the automotive industry, renowned for its diverse lineup of passenger cars, SUVs, and electric vehicles. Chery has earned a prominent position in both domestic and international markets, exporting vehicles to over 80 countries worldwide, including Malaysia. For 22 consecutive years, Chery has been the No.1 brand in China for vehicle exports.

For more information, visit www.chery.my
Follow Chery Malaysia Facebook www.facebook.com/cherymalaysiaofficial

SOURCE: Chery Auto Malaysia Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
PR and Communications
Name: Christina Low
Email: christinalow@chery.my

--BERNAMA