Anwar Ibrahim Becomes Malaysia's Prime Minister

The transcript discusses Anwar Ibrahim's journey to becoming Malaysia's Prime Minister after a tumultuous political career. It covers the formation of a unity government with the Barisan National coalition, following Malaysia's first hung parliament. The political changes led to a positive reaction in Malaysian markets, with stocks and the ringgit surging. Economic concerns, such as inflation and minimum wage, are highlighted, with reform plans aiming to address these issues.

What was the significant political development involving Anwar Ibrahim after the inconclusive election?

• He was appointed as the king's advisor.

• He joined the Pro Malay Conservative Party.

• He decided to retire from politics.

• He formed a unity government with Barisan National.

How did the market react to the news of Anwar Ibrahim's potential leadership?

• The Malaysian stocks declined sharply.

• The ringgit weakened significantly.

• Malaysian stocks had their best day in 15 months.

• The market remained unaffected.

What was the growth rate of Malaysia's economy in the second quarter of the year?

• 5%

• 9%

• 12%

• 7%

What is the current average national minimum wage in Malaysia?

• 1500 ringgit

• 2000 ringgit

• 4500 ringgit

• 1000 ringgit

What was the suggested living wage by Malaysia's central bank in 2018?

• 3000 ringgit

• 4500 ringgit

• 1500 ringgit

• 2000 ringgit