PETALING JAYA: The country's economy loses an estimated US$1bil (RM4.12bil) a year because about 75% of plastic waste does not end up being recycled, according to a report by the World Bank.
The report said Malaysia recycled just 24% of key plastic resins in 2019, while about 1.07mil tonnes of plastics are discarded instead of being recycled into valuable materials.
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