MAKATI CITYis located east of the capital Manila. The City is referred to as the “Financial Capital” and “Wall Street” of the Philippines since Makati is the headquarters of various key companies and work offices. Makati is also a home of the Makati Business Club and the Philippine Stock Exchange.
The city today is the most modern city in the Philippines and a highly cosmopolitan culture since many expatriates live and work here. Makati also boasts of its first-class shopping malls such as Ayala Center and Rockwell Center, and five-star hotels.
The name Makati came from the Tagalog word “kati” which means tide that refers to the flow of the Pasig River in the northern border of the city. The area used to be a swamp with cogon grass. Makati was under the district of Santa Ana de Sapa in between 1578-1670. And during the Spanish era, the place was also known as San Pedro Makati in honor of the patron saint.
In the 19th century upon colonization of Americans, Fort McKinley was established in Makati and in 1901 the place became a part of Rizal province. However, in the passing of the Philippine Act 2390 on February 28, 1914, San Pedro Makati was shortened to Makati name instead. Then in 1930, the first airport, Nielsen Airport was built in what was now the Ayala Triangle in Makati. In the following years thereafter Makati became a prime real property that eventually became a financial and commercial capital in the Philippines. On January 2, 1995, Makati became an independent city.
The City of Makati has a total land area of 27.36 square kilometers or 2,736 hectares which is 4.3% of National Capital Region’s total land area. The city is bounded by Pasig River on the north side, Pasig City on the northeast, Pateros and Taguig City in the southeast side, Manila in the northwest side, and Pasay City on the southwest.
Affluent villages like Forbes Park and the main central business district has the biggest land area of the total land area in Makati.
The 2000 census estimated a 524,000 population in 117,000 households. The population has an increase rate of 8% and the number of households by 16%. The city has the highest GDP per capita in the Philippines.
However, in daytime Makati reaches a million populations especially during typical work days because of the large number of people working in the city.
COMERCE AND INDUSTRY
Major corporations, banks, department stores, shopping malls, embassies and consulates of different countries are based in the City of Makati, thus the city earned the name “Wall Street of the Philippines”.
Makati has the highest concentration of the country’s finest commercial establishments and exclusive residential subdivisions, five star hotels and fine dining restaurants.
ARTS & CULTURE
Makati has many Spanish-era churches and at the Greenbelt Park stands the modern-style domed chapel. The Ayala Center also has an Ayala Museum which showcases series of dioramas depicting major events in Philippine History. Makati City stages cultural and religious practices yearly to showcase various Philippine and other diverse cultures of other countries and religious beliefs:
Bailes delos Arcos – Feast day that is celebrated every June 29 with young ladies dancing in honor of the Virhen dela Rosa.
Belen sa Makati – All major buildings and streets in Makati City are decorated by Christmas ornaments, lanterns and various display of Christmas presentation.
Caracol – This is celebrated every last Sunday of January annually. “Caracol” is a Spanish term for a snail referring to the shell of the snail. This is the official festival of Makati.
Chinese New Year – Various presentations of Dragon and Tiger dances can be viewed here, plus fireworks display after the presentation.
Costumes, Trinkets and Xong Di – This is an exhibit represented by the People’s Republic of China which showcases similar costumes and trinkets of Philippine ethnic tribes.
Flores de Mayo – This is considered to be the biggest procession in Metro Manila in which 120 young ladies represents 32 barangays of the municipality, establishments, local and government offices and corporations based in Makati City.
Ganito Kami Noon – The event is represented by local government and socio-economic sector in which they wear native costumes, and in the evening a "Rigodon de Honor" is presided by the City Mayor and his lady.
Likhang Kamay – This is a yearly exhibit of Philippine native handicrafts.
Senakulo – The event is held every Lenten Season, re-enactment of the life and death, and passion of Jesus Christ.
LIST OF “BARANGAYS” (or communities)
Makati city is divided into 33 barangays which composed of two congressional districts, and each district is represented by a congressman in the Philippine House of Representatives. Congressional District I occupies the western and modern half of the city, while District II covers the half residents Makati.
Pio del Pilar
Post Proper North
Post Proper South
ALLIANCE FRANCAISE ART GALLERY
This gallery features various paintings done by Filipino painters.
This is the modern commercial complex at the heart of Makati City.
The museum features dioramas depicting various Philippine events and scaled down reproductions of native boats and foreign ships.
FINALE ART FILE
The place features various artworks in canvass, art, photographs and pottery.
This is a gallery showcasing Oriental art and furniture display, antiques and ceramics.
The Gallery showcases more than 50 paintings done by Filipino artists.
LIBINGAN NG MGA BAYANI / TOMB OF THE UNKNOWN SOLDIERS
This cemetery is situated in Fort Bonifacio that serves as a burial ground of 33,520 Filipino soldiers who were killed in Bataan, Corregidor and World War II.
The gallery features old prints, artifacts, ceramics, antiques, sculptures and brass figures art pieces.
MAKATI CINEMA SQUARE
Tourists can go shopping here for it offers finest merchandise at bargain prices, quality dining and other recreational activities.
MAKATI PARK AND GARDEN
This is considered to be the city’s main garden park which one can have a relaxing walk around a fully landscaped garden.
MAKATI STOCK EXCHANGE
This is situated in Ayala Avenue and is the seat of stock trading.
MANILA AMERICAN CEMETARY AND MEMORIAL
This is one of the loveliest and most serene spot in the Philippines which is also visited frequently by tourists. Located in Fort Bonifacio, Makati and is known as the biggest American cemetery outside the United States.
MUSEO NG MAKATI
This is a municipal museum that houses various artifacts, treasures, and old relics.
The gallery can be seen in Dusit Hotel Nikko and showcases antique furnitures, Philippine saints, excavated Philippine pottery, porcelains and heirloom pieces.
PHILIPPINE ARMY MUSEUM
This museum has a storage antique gun, cannons, tanks, and other relics of World War II. It also features a tunnel.
SANCTUARIO DE GUADALUPE
This is the oldest historical landmark in Makati with a unique architecture.
SAINTS PETER AND PAUL CHURCH
The Church was built in 1620 with a Spanish architecture style, located in Barangay Poblacion.
THOMAS JEFFERSON CULTURAL CENTER
The center was established in 1945, it is a library that provides up-to-date and comprehensive information about the United States. Lectures, seminars, film screenings and video tape recordings are also held here.
This is a park located in Makati Stock Exchange Building. Ugarte Field is usually the rallying point.
Makati City is just a 15 minute drive from the Ninoy Aquino International Airport (NAIA) and the Manila Domestic Airport.
Transport facilities are available from buses plying the Epifanio De los Santos Avenue (EDSA) route from Baclaran in Paranaque to Quezon City and Caloocan City pass through the Central Business District daily, jeepneys ply Makati's inner roads, and connect the city to its surrounding towns and cities.
One can also ride the Metro Rail Transit (MRT-3) on EDSA which has four stations located in Makati: Guadalupe, Buendia, Ayala and Magallanes.