| LATEST NEWS | Malaysia’s economy grew by 5.2 pct in 2025, exceeding the 4.0-4.8 pct forecast range -- BNM Governor | Headline inflation is expected to remain moderate in 2026, amid the continued easing in global cost conditions - BNM Governor | For 2025, the ringgit appreciated by 10.2 per cent against the US dollar, while its NEER appreciation was at 6.3 per cent- BNM | Headline and core inflation in 2025 averaged at 1.4 pct and 2.0 pct, respectively - BNM | The ringgit appreciated by 3.9 pct against the US dollar in 4Q 2025, driven by both external and domestic factors - BNM | |
KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholder approval to acquire two landmark hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), in a RM480 million yield accretive transaction that strengthens the REIT’s long-term performance and reinforces its presence within Bukit Bintang.
KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
