Mug Shot — «Makati - Central Business District»

From Makati, Philippines

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Mug Details #3743

Starbucks City Mug Makati - Central Business District
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The City of Makati in the Philippines, is one of the 16 cities that make up Metro Manila, one of the most populous metropolitan areas in the world. Makati is the financial center of the Philippines. As the host of various embassies, it is also an important center for international affairs. With a population of over 500.000 Makati is the 16th largest city in the country and ranked as the 41st most densely populated city in the world. Makati became the financial center of the Philippines during the 1960s. It is home to the Philippine Stock Exchange and the Makati Business Club. Makati is notable for its exceptionally multicultural lifestyle, significant center for intercontinental matters and for it's reputation as a major entertainment center in the metropolis. The city is also being known for its cosmopolitan culture because of its major shopping centers, condominiums, financial hubs, hotels, and entertainment hubs are located around the city.

The Makati Central Business District is where most of Makati's financial resources are concentrated. This is an informal district bounded by EDSA, Sen. Gil Puyat Avenue, Antonio Arnaiz Road and Chino Roces. It mainly encompasses Legaspi Village, Salcedo Village, Ayala Center, and parts of Bel-Air. Much of the area is owned by Ayala Land, Inc. and administered through Makati Commercial Estates Authority, its subsidiary. Many skyscrapers rise in this area. PBCom Tower along Ayala Avenue is the country's tallest building and reaches up 259 meters. It is the headquarters of the Philippine Bank of Communications, or PBCom. The Business District is also considered as one of the most vibrant commercial districts in South-East Asia. Makati CBD is considered to be a major metropolis affecting world economies. One of the trading floors of the Philippine Stock Exchange is housed in Ayala Tower One and at the old Makati Stock Exchange Building, both also along Ayala Avenue. The Bank of the Philippine Islands, the country's oldest bank, has its headquarters at the corner of Ayala Avenue and Paseo de Roxas. Other companies that have their offices and country/regional headquarters within Makati City include Philippine Savings Bank, IBM, Procter & Gamble, Citibank, Ayala Corporation, Development Bank of the Philippines and many others.

photo by lucky
description by mobydick74 thanks to ask_mr_dan

  Philippines, Makati, MIC

Karma: 15 Added by mobydick74 20 Comments

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