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Sunday, October 26, 2008

Business Hub : Makati City

Like in every city in the world, Philippine's main business centre is located near the capital Manila and in the region Metro Manila. Makati City is considered the major financial, commerical and economic hub in the Philippines. It is often referred to as Wall Street of Philippines or the Central Business District. With 84% of the country's private commerical banks and 9/10 of the largest life insurance companies maintaining their headquarters at Makati, there is no questioning of its importance as the business nerve of the Philippines. Also, other global companies have their offices here as well.

Besides Makati City, I also found out that Cebu City (Visayas region) and Davao City (Mindanao) are two other business hubs beyond the capital. Enough about business, the city dwellers in Makati not only work hard, but they also party hard. Yes! Makati City is also known to be the centre of social and entertainment activities with a vibrant night life, pub scene, food and shopping malls. If I may add, the night scene in this business city is absolutely gorgeous!

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