Makati City

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REPUBLIC OF THE PHILIPPINES

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City of Makati

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Region: National Capital Region (NCR)

Related Topics:
Region - National Capital Region

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Dates:

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Founded—

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Cityhood—January 2, 1995

Related Topics:
January 2 - 1995

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Population:

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2000 census—444,867

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Density—16,260 per km²

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Area: 27.3 km²

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Barangays: 33

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Congressional districts: 1st and 2nd districts of Makati City

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Mayor: Jejomar "Jojo" C. Binay (2001-present)

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Class: 1st class; urban

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Makati City is one of the most important cities in the Philippines in terms of finance and commerce. Situated east of the capital, Manila, Makati is one of the cities and municipalities that comprise Metro Manila—the National Capital Region. Makati is often referred to as the Financial Capital of the Philippines since many companies have their offices and headquarters in the city. Makati is also home to the influential Makati Business Club and the Philippine Stock Exchange. Ayala Avenue, running through the heart of the Central Business District is often called the Wall Street of the Philippines.

Related Topics:
Philippines - Manila - Cities - Municipalities - Metro Manila - Makati Business Club - Philippine Stock Exchange - Ayala Avenue - Wall Street

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Makati is noted for its highly cosmopolitan culture. Many expatriates live and work in the city. Makati is also home to many first-class shopping malls such as Ayala Center and Rockwell Center. The city also has many of the country's five-star hotels like The Peninsula Manila, the Mandarin Oriental, and the Shangri-la Makati Hotel.

Related Topics:
Expatriate - Ayala Center - Rockwell Center - Mandarin Oriental

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Makati came from the Tagalog word kati, which means tide. This primarily refers to the rise and ebb of the tide of the Pasig River on the city's northern border. The river drains into Manila Bay to the west. and it was also known as San Pedro Macati during the spanish era.

Related Topics:
Tagalog - Manila Bay

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Today the city is one of the most modern cities in the country. However, it faces challenges due to the disparate gap between the new city in the west, which contains the Central Business District, and the old city in the east, which is largely poor and where most of the city's slums are located.

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The Seal of Makati City depicts a silhouette of the territory of Makati. At the bottom is the Pasig River, located on the northern border of the city. The Guadalupe Church stands on the river and is the oldest church in Makati—a reference to Spanish influence. Behind the church rises the skyscrapers for which Makati City is well-known. Behind the skyscrapers are 33 rays representing the barangays of Makati.

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