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Poor bearing the brunt yet again | The Daily Star

Now, with the new lockdown in place, he described how the fresh restriction has affected him. I live in a mess with others. Every day, I ve to pay Tk 120 for food and rent. But for the last two days, I couldn t pay, said Ainal, who was talking with two fellow drivers near the capital s Dhalpur Community Center yesterday afternoon. Ainal s situation shows how people from the low-income group, who are still distressed because of last year s economic shock induced by Covid-19, have again started feeling the pinch due to the lockdown. Ainal transported a passenger from Monwara Hospital in Siddheshwari to Kajla that day. I got Tk 200; that s all I got since the morning, he said.

Country s first SME gets nod to go public

Country’s first SME gets nod to go public Nialco Alloys will raise Tk 7.5cr from qualified investors Star Business Report Star Business Report The Bangladesh Securities and Exchange Commission (BSEC) yesterday gave go-ahead to Nialco Alloys to go public. In order to help the company meet its demand for long-term financing, the commission has approved the country s first quality investors offering (QIO). The stockmarket watchdog took the decision in a meeting at its headquarters yesterday, the BSEC said in a press release. With this decision, Nialco Alloys, a manufacturer of high-grade bronze and brass ingots, will also become the country s first-ever small and medium enterprise (SME) to enter into the stockmarket.

Price Hike of Essentials: Middle, low income people caught in the crunch

Price Hike of Essentials: Middle, low income people caught in the crunch The rising prices of daily essentials, driven by travel restrictions,  are making it difficult for the middle and low income people to make ends meet. The second wave of coronavirus and the shutdown of the economy hark back to last year s trauma when businesses laid off employees, slashed salaries, or simply closed for good. My salary was cut by 60 percent during the shutdown last year. Our company was just getting back to its feet when the fresh restrictions were imposed, said Kafiluddin Ahmed, an accountant of a packaging company.

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