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Market Daily Report: Bursa Malaysia Gives Up Earlier Gains To End Mixed

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.70 points to close at 1,602.34 from yesterday’s close of 1,604.04. The benchmark index, which opened 0.86 of-a-point lower at 1,603.18, moved between 1,601.02 and 1,608.88 during the trading session. However, the broader market was mixed to higher, with gainers leading decliners by 565 to 438 while 502 counters remained unchanged, 961 untraded, and 14 suspended. Turnover narrowed to 2.83 billion units valued at RM2.08 billion versus 2.96 billion units valued at RM2.23 billion yesterday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index remained range-bound and it required a dec
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Scheduled Tax Deduction (STD) or PCB for the Year 2010

When you look at your payslip every month since the second half last year, do you realized that the Scheduled Tax Deduction, STD (or Potongan Cukai Bulanan, PCB) is higher compare to previously? I, myself realized that and after doing some research I realized that the Inland Revenue Board (IRB) of Malaysia (or Lembaga Hasil Dalam Negeri, LHDN) has come out with higher rate back then.


This year again, we will have new PCB rate and the rate is lower compares to the 2009 PCB rate. Click the links below to get the rate for both PCB 2009 and PCB 2010 and do some comparison.

Click here to download the PCB 2009 rate

Click here to download the PCB 2010 rate

I might be posting on how to calculate the PCB or STD in the future.
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