Mahathir Mohamad has expressed his commitment to leading a business-friendly administration, and to seek ways to boost Malaysia’s stock market. These his first remarks after being sworn in as prime minister was to address investor concerns. Outgoing Prime Minister, Najib Razak has been facing public anger over a goods-and-services tax and a money laundering scandal involving hundreds of millions of dollars siphoned from state investment firm 1MDB. The first thing the new Prime Minister's coalition has pledged to do is to scrap the GST within his first 100 days in office, and reintroduce fuel subsidies.

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