Drop in power sales indicates Malaysian economy slowing

PETALING JAYA: Tenaga Nasional Bhd (TNB) saw weaker demand growth for electricity sales in its financial year ended Sept 31 (FY15), a signal of a slowing economy.

The national electricity company said yesterday demand growth had cooled down to 2.2% in FY15 compared with the 2.5% registered in the previous year.

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