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Malaysia faces higher electricity prices

2 January 2014 Last updated at 05:46 GMT

In Malaysia, it's not such a great start to 2014, with electricity prices set to go up for the first time in two years.

The move comes just two months after food and petrol prices were increased.

The country's central bank says less than a third of the households will be affected but people are worried that higher bills for businesses will be passed on to customers.

The BBC's Jennifer Pak reports from Kuala Lumpur.

Watch more reports on Asia Business Report's website.

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