About Makati City - presentation, information, photos and recommendations
Makati City is one of the seventeen local government units in Metro Manila. He is known for his mischievous buildings and malls. The name "Makati" comes from the Tagalog term "kati", which means "tides" and refers to the Pasig river wave. The city has its roots dating from the pre-Hispanic era, Don Manuel Lopez de Legaspi, the first governor general of the Philippines, discovered this area. Makati was officially proclaimed as a city in 1995. Makati has become an important financial hub, with the largest concentration of local multinational and local business institutions. With over 80,000 business units, Makati is easily the Philippines' link to finance and the global economy. It also hosts several influential financial institutions, such as the Makati Business Club and the Philippine Stock Exchange, which makes it the Financial Capital of the Philippines.
Makati also hosts over 70 international embassies and consulates, such as the French Embassy, the Royal Embassy of Belgium, the Malaysian Embassy, the German Embassy and the Brazilian Embassy, among others. This makes the city not only a premier business district, but also a center for international political and government relations.
The city is also an important entertainment center, with the largest concentration of commercial activities in numerous shopping districts and department stores. Not surprisingly, many expats were attracted to Makati. Inner migration from neighboring cities and other parts of the Philippines has also caused its population to grow over the years. Now, Makati has more than half a million residents and is ranked as the 42nd most densely populated city in the world.
Makati City | Makati City is one of the seventeen local government units in Metro Manila. He is known for his mischievous buildings and malls.
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