27 Facts About Makati

Makati, officially the City of Makati, is a 1st class highly urbanized city in the National Capital Region of the Philippines.

Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country.

Makati is known for being a major cultural and entertainment hub in Metro Manila.

Since then, the development of Makati has remained linked with the Zobel de Ayala family and their company, Ayala Corporation.

Since the late 1960s, Makati has transformed into the financial and commercial capital of the country.

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In 1975, Makati was separated from Rizal province along with Caloocan, Malabon, Navotas, Quezon City, Marikina, San Juan, Pasig, Mandaluyong, Pateros, Taguig, Pasay, Paranaque, Las Pinas, and Muntinlupa, to become part of the National Capital Region as a component municipality.

Makati was the setting of what is believed to be the single biggest case of involuntary disappearance during martial law – the case of the "Southern Tagalog 10" – ten activists from the nearby Southern Tagalog region, mostly in their twenties, who were abducted in late July 1977 at the Makati Medical Center.

Makati is located within the circle of 14'40? °north and 121'3? °E right at the center of Metro Manila.

Makati is divided into 33 barangays which handles governance in a much smaller area.

Makati is a low-lying, coastal city vulnerable to natural calamities intensified by climate change, such as typhoons, floods, and landslides.

Makati undertakes climate adaptation programs to address vulnerabilities to climate change, which include health services to residents, emergency response, and environmental management and protection.

Daily influx of people into the city provides the skilled labor force that allows Makati to handle the service requirements of domestic as well as international transactions; it serves as the base of a large consumer market that fuels the retail and service trade in the city.

City of Makati remains the richest local government unit in the Philippines in terms of income from local sources and on a per capita basis.

The city government of Makati has not increased its tax rates since its new Revenue Code took effect in 2006.

Ayala Triangle is a sub-district of the Makati CBD, comprising the parcel of land between Ayala Avenue, Makati Avenue and Paseo de Roxas, as well as the buildings on those streets.

Makati is one of the most well-known shopping hubs of Metro Manila.

Makati is home to a number of fine art museums, colonial-era churches and recreation areas.

The Makati Coliseum is another famous sports landmark in the city, where some of the biggest sports gatherings are held.

University of Makati Stadium was the home venue of Philippines Football League club Kaya F C –Iloilo, prior to their move to Iloilo City.

Makati has several Spanish-era churches, such as the Our Lady of Guadalupe and the Nuestra Senora de Gracia Church in the old town.

The South Luzon Expressway starts in southwestern Makati and connects it with southern Metro Manila and Southern Luzon.

Rizal Avenue, the oldest main thoroughfare of Makati which connects it to the city of Manila and Pateros.

At the center of Makati is the Ayala Triangle, a park built on the former Nielsen Air Base.

Seal of Makati, adopted in August 1995, composes of the outline map of Makati containing 33 rays, green buildings, and a church.

Map of Makati is in golden yellow color which represents wealth and prosperity.

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The rays represent the 33 barangays of Makati which are described to be "surging forward to a brighter future".

Makati is twinned with Ramapo, New York and Vladivostok, Russia.