Malaysian Prime Minister Anwar Ibrahim’s unity government faces mounting internal coalition strains, prompting two states—Johor and Negeri Sembilan—to dissolve their legislative assemblies in early June 2026 and schedule snap polls within 60 days. These state contests serve as an early test of public support for Anwar’s partners ahead of the federal general election due by February 2028. Anwar has publicly signaled willingness to consider dissolving the Dewan Rakyat for an early national vote if divisions escalate, while recently downplaying immediate action and emphasizing governance priorities. Traders monitor coalition stability, state election results, and any formal request to the Yang di-Pertuan Agong for parliamentary dissolution as key signals that could accelerate or delay the timeline.