Philippine Travel Guide

          

 Blog (Latest Articles)

 Looking for Freelance Work?


 Free Directory

Submit Hotel, Restaurant and Resort Reviews

 


 

 

 

 

Makati As Philippine's Commercial Hub

Makati is the Philippine's central district where the biggest financial, commercial and economic center in the country are located.

Thus, this makes it as the country's commercial enterprise capital. Being one of the urban centers of the much bigger municipality of the country it is is nestled at the heart of Metro Manila. It is facing Mandaluyong City and surrounded by the Pasig River on the North, by Pasig City on its northeast and by the municipalities of Taguig City and Pateros on the southeast, and finally by Pasay City on the southwest. The city has a total land area of 27.36 square kilometers and makes up 4.3 percent of the total land area of Metro Manila.

It has taken its name from Tagalog word Kati, meaning tide. This is because of the rising and ebbing of the tide on the metropolis' northern margin, the Pasig River. The city used to be the San Pedro de Macati during the Spanish epoch. These days, the city is one of the most contemporary metropolis in the Philippines and considered to be the leading worldwide economic rival in Asia. Because of disparities between the new metropolis in the west which house the Central Business District and the old city in the east which has most of the poor population and slum areas.

The Towering Business Centers in Makati

Most of the city's financial assets are clustered in the Central Business District. This area is one of the most vivacious districts for commerce in South East Asia. The Central Business District is thought to be a major city poignant to world economies. PBCom Tower, a headquarters of the Philippine Bank of Communication is situated along Ayala Avenue is considered to be the Philippines' tallest building which reaches up to 259 meters. This is just one of the many skyscrapers.

Other major establishments operate in Makati's Central Business District. Among notable are the Philippine Savings Bank (PSBank), IBM, Procter & Gamble, Citibank, Ayala Corporation, Development Bank of the Philippines (DBP), Metrobank, Intel Philippines, Microsoft Philippines, Syngenta, Shell, Convergys Corporation, Commonwealth Insurance Company (CIC), PeopleSupport, Pan Pacific Computer Center, Inc., Colgate-Palmolive Philippines, Inc., Holcim Philippines, Hewlett Packard's main office in the Philippines and other giant companies.

It is in Ayala Tower One and the ancient Makati Stock Exchange Building you can find one of the Philippine Stock Exchange commercialism bases. You can also find the Philippines' oldest bank headquarters - Bank of the Philippine Islands, at the corner of the very famous Ayala Avenue and Paseo de Roxas.

The city is known for its extremely ecumenical society, as well as the primary cultural and amusement center in Metro Manila. It prides itself for its tallest establishments all over the Philippines. It holds several first-class shopping malls situated at Rockwell and Ayala Centers. The place is a home to country's world class and five-star hotels such as The Peninsula Manila, the Shangri-La Hotel Makati and the Intercontinental Hotel Manila.

Makati Accommodations

If guests or travelers in the city decide to spend a night, there are several hotels offering various kinds of accommodations whether it for a budget or luxurious accommodations. Located in Makati are several hostels or inns as cheap places to stay. The Saint Illian's Inn, El Cielito Inn, The Copa Businessman's Hotel, and The City Garden Suites are notable for cheaper accommodation with quality services and amenities. Once guests chose to stay in an apartment type accommodation, the city can offer The Salcedo Suites, Fraser Place Manila, Jupiter Suites or formerly known as the Jupiter Arms Hotel and The Oxford Suites. All leave their own marks among business people and travelers for quality and affordable accommodations.

The city offers the best convenience of being close to the center of the commercial district of the Philippines. One can enjoy the privilege of being at the heart of the business hub of the country closer to the various major companies and shopping malls in Makati.

***C2_invitation_22709463***

Share

       FREE NEWSLETTER

Sign up for the FREE Newsletter
to receive latest updates
and articles on popular Philippine destinations, hotels & resorts,
beaches, recipes and much more.

Name:
Email:
Don't worry -- your e-mail address is totally secure. I promise to use it only to send you Philippine Travel Guide Insider Alert Newsletter.


>

Subscribe To
Subscribe To This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Add to Newsgator
Subscribe with Bloglines

 

 

 

 

  © Copyright 2007. Philippine Travel Guide. All Rights Reserved. Powered by SiteSell.com. Reproduction in whole or in part without permission is prohibited. Most external sites will open in a new window;not endorsed by philippine-travel-guide.com