2016 Makati Metro Manila Driving Tour Overview. Makati is the financial hub of the Philippines with the highest concentration of multinational and local corporations in the country including the trading floor of the Philippine Stock Exchange. All major banks, corporations, department stores as well as foreign embassies are based in Makati. Makati is also known for being the cultural and entertainment hub of Metro Manila.
In 1851, Don José Bonifacio Roxas (an ancestor of the Zobel de Ayala family) purchased the Jesuit estate of "Hacienda de San Pedro de Macati" for 52,800 pesos. Since then, the development of Makati has remained inextricably linked to the Zóbel de Ayala family and their company, Ayala Corporation.
Majority of the tallest skyscrapers in the Philippines are located in Makati such as the PBCom Tower, Gramercy Residences in Century City and G.T. International Tower. Makati is also a shopping hub of Metro Manila and convenient as the various shopping centers are all interconnected offering both international and local retail shops, high-end boutiques, dining outlets and entertainment facilities.
The Ayala Center is a massive commercial development operated by Ayala Land with high-end malls that houses cinemas, local and international shops, homegrown restaurants and international food chains. The shopping malls that are located at the Ayala Center complex include Greenbelt, Glorietta, Park Square, and The Link. The Ayala Center is also home to 3 department stores namely, SM Makati, Rustan's, and The Landmark. 5 Star hotels within walking distance of Ayala Center are: Shangri-La Makati, New World Hotel, Dusit Thani, Holiday Inn, Ascott, Fairmont Hotel, Raffles Residences and the Manila Peninsula. Additionally there are weekend street markets: The Salcedo Saturday Market and Legazpi Sunday Market which are popular open-air community markets. These markets offers organic products, specialty foods, fruits, vegetables, fish, gourmet items and antiques.
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