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The recent announcement of the Universal Pension Scheme (UPS) by the Bangladeshi government marks a crucial step towards supporting the elderly population. As the country’s average life expectancy rises to 73 years, the need for an old-age support system becomes increasingly urgent. The implementation of the UPS on August 17, 2023, is promising, but its… Continue reading How to make the UPS successful?

In a historic move aimed at providing financial security and social protection to a significant portion of the population, It is the launching of the universal pension scheme in Bangladesh today. This groundbreaking initiative, spearheaded by the government, aims to encompass approximately 10 crore people from various socio-economic backgrounds. The pension scheme is poised to… Continue reading Universal Pension Scheme in Bangladesh: All you need to know

Real estate investment is considered a favorable option for many individuals due to its numerous advantages. The real estate market provides opportunities for investors to generate income, build wealth, and diversify their portfolios. By understanding the reasons why real estate investment is advantageous, individuals can make informed decisions about their financial future. Why is Real… Continue reading Why is Real Estate Investment Good?

In Bangladesh, the repo (repurchase agreement) and reverse repo operations are vital tools employed by the central bank, the Bangladesh Bank, to manage liquidity in the banking system and influence interest rates. These operations serve as key components of the country’s monetary policy framework. In this blog post, we will delve into the details of… Continue reading Repo and reverse repo in Bangladesh

The Secured Overnight Financing Rate (SOFR) is a reference rate that serves as an alternative to the London Interbank Offered Rate (LIBOR) for U.S. dollar-denominated transactions. It was developed by the Alternative Reference Rates Committee (ARRC) in response to concerns about the reliability and robustness of LIBOR. SOFR has been more widespread after the discontinuation… Continue reading Secured Overnight Financing Rate (SOFR)

In the complex realm of finance, where countless transactions take place every second, the need for a standardized and reliable pricing mechanism is paramount. This is where reference rates come into play. In this comprehensive blog post, we will explore why reference rates are essential, their significance in financial markets, and the benefits they provide… Continue reading Importance of reference rates you need to know