Category:Asia/Philippines/Metro Manila/Makati City/

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Coordinates: 14°33′27″N 121°01′30″E 14.5573956, 121.0250902

Makati City

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The City of Makati, or simply Makati, is one of the cities and municipalities that make up Metro Manila, the greater metropolitan area of the national capital of the Philippines. It is the major financial, commercial and economic hub in the Philippines, often referred to as the financial capital of the Philippines since many global 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 downtown Makati Central Business District is often called the Wall Street of the Philippines.[1]

  • History
    • 1571 - Originally founded as a visita of Sta. Ana de Sapa under the jurisdiction of the Franciscans, Makati was first dismissed as "worthless" swamp land by the Spanish conquistador Miguel Lopez de Legazpi in 1571.[2]
    • 1671 to 1899 - Yet over the centuries, this small community would leave large imprints in social, economic and cultural history. The friars established two of the earliest churches in the Philippines - the Nuestra Señora de Gracia in Guadalupe and the Church of Sts. Peter and Paul - in Makati, drawing pilgrims from all over the country. [2]
    • 1900 - At the turn of the century, the Americans established Fort McKinley in Makati.[2]
    • 1901 - San Pedro de Macati, with a population of 2,500, was incorporated into the province of Rizal.
    • 1914 - The Philippine Legislature passed Act 2390, shortening the name San Pedro Macati to Makati in the 1930s, the first airport of Luzon, Nielson Field, opened in what is now the Ayala Triangle.
    • 1950 to 1970 - The first centrally planned community was established in the 1950s, and since the 1970s, Makati has been the undisputed financial and commercial capital, the once worthless swampland becoming prime real property.[2]
    • 1975 - Makati was separated from Rizal province.
    • 1995 - Makati became an independent city by virtue of Republic Act 7854.

Shopping Centers

Museums

  • Ayala Museum [1]
  • Filipinas Heritage Library [2]
  • Museo ng Makati (896-2464)
  • Yuchengco Museum (889-1234)


Gallery

Related Links

References

  1. ↑ Makati City Wikipedia.ORG. Accessed April 2009.
  2. ↑ 2.0 2.1 2.2 2.3 Makati Wikipedia.ORG. Accessed September 2007.

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