I am a physician, currently practicing as an Anesthesiologist. My other passions are finance and investments. As of 2013, I have passed all three levels of the Chartered Financial Analyst (CFA) exams, all in my first attempts. I received my Masters of Business Administration degree in 2008. I received my certification as a securities specialist from the Philippine Stock Exchange in 2009.
The “Love All Kinds of Love” ad campaign by Bench (a Philippines’ based clothing brand) is heating up social media with its “defaced” billboard featuring a gay couple. Was the billboard vandalized? Was the billboard censored? or Did Bench marketing staff do the defacing themselves to generate controversy? Is other words, is #PaintTheirHandsBack just an elaborate gimmick?
The Philippines is home to more than 100 million people, so there must be a lot of gay people in the country. Fashion is also one of the industries that seem to be gay tolerant. Bench, a Philippines based clothing brand that now has an international presence, unveiled its ad campaign just in time for Valentine’s. The campaign, titled “Love All Kinds of Love”, featured platonic love between a grandmother (veteran Filipina actress Gloria Romero) and her grandson, and romantic love between straight, gay and lesbian couples.
Valentine’s Day is coming. For many businesses, this is the time to make a lot of money from lovestruck consumers. Fortunately, there are still good deals out there. Finance MD has chosen the best ones for Valentine’s.
I looked for the best Valentine’s deals out there. From champagne, to concerts, to peanut butter, and even the ‘red room of pain’ – I have it all. Here are the best sales, promos, freebies, contests, etc. in my opinion:
In 2000, when people were still naive enough to open email attachments from unknown sources, the ILOVEYOU virus (also known as “I Love You” or “Love Letter” virus) quickly spread and cost billions of dollars in damages and repairs.
It’s only Wednesday but it’s throwback time! Let’s go back to the year 2000, when people communicated online primarily via email. The virus originated in the Philippines, then spread to Hong Kong, to Europe and finally to the United States. The White House, Congress, the FBI and the Pentagon were all affected. The State Department was forced to disconnect its computer systems from the internet, according to a spokesman. The damages was estimated at US$ 5.5 Billion during its first week of spread alone. The final cost (including system repairs) was estimated at US$ 15 Billion.
In a love story – whether it ends happily or not, the setting is also important. In this post I will feature Christian Grey’s Penthouse in Escala, the setting for most of the “action” in Fifty Shades of Grey.
The Escala apartments is actually a real-life building, though E L James had not been there when she wrote the book. She used the promotional materials of the condo to describe the penthouse.
See related post about Fifty Shades of Grey here. The movie will be open in the Philippines on February 11.
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Penthouse – Christian Grey’s pad in ‘Fifty Shades of Grey’
Fifty Shades of Grey is one of the most highly anticipated movies this year. The movie will hit theatres on February 11, 2015 in the Philippines. However, the biggest cinema chain in the Philippines, SM Cinema, will not be showing Fifty Shades of Grey in its theatres as it follows its traditional rule of not exhibiting R18 movies.
Fifty Shades of Grey, a movie based on the book of the same name by E L James, will hit theatres in most parts of the world this month.
Fans of the movie in the Philippines will be lucky to see it earlier than most since the movie will open here on February 11, ahead of its February 13 release in the United States.
The Economist invented the Big Mac Index in 1986 to better demonstrate Purchasing Power Parity (PPP). But does The Economist actually eat the Big Macs in their study? The Big Mac Index assumes parity in value; but I disagree, because Big Macs around the world are not equal in yumminess.
An economic theory that estimates the amount of adjustment needed on the exchange rate between countries in order for the exchange to be equivalent to each currency’s purchasing power.
In layman’s terms; if a basket of goods and services is worth US$100 in the United States and an identical basket of goods and services is worth only US$ 77 in the Philippines at current exchange rates, then the Philippine Peso (PHP) is undervalued by 23 %.
Unfortunately, many people in the world no longer use baskets, and deciding which good makes it to the basket may be contentious. Since McDonald’s (see MCD:US latest stock quote), the company that serves Big Macs, can be found in most countries, using the burger as a proxy for the “basket of good and services” makes sense. Of course, the Big Mac method is not accurate; but according to The Economist, this makes the PPP theory more “digestible”.
Digestible? Did The Economist staff actually eat the Big Macs? Do The Economist writers actually eat at McDonald’s? In my opinion, some Big Macs are yummier than others.
Here is a rundown from Big Macs from around the world, and a depiction of the countries’ under/ over-valuation against the US Dollar:
Big Mac from New Haven, Connecticut, United States of America. Average Price: US$ 4.79