Prime Minister Dr Mahathir Mohamad today moved to shore up investor confidence ahead of the markets opening tomorrow.

In a televised interview with RTM1, Mahathir promised a business-friendly environment as well as deregulation under the new Pakatan Harapan government.

Mahathir also assured that Putrajaya will continue to welcome foreign direct investment, but with a caveat that local contractors will be given priority in the development sector...