Makati

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Makati City
Lungsod ng Makati
City
City of Makati
The Makati skyline
Nickname(s): The Financial Capital of the Philippines, the Wall Street of the Phils.
Motto: Makati, Mahalin Natin, Atin Ito
Map of Metro Manila highlighting Makati City
Coordinates: 14°33′N 121°02′E / 14.55°N 121.033°E / 14.55; 121.033Coordinates: 14°33′N 121°02′E / 14.55°N 121.033°E / 14.55; 121.033
Country Philippines
Region National Capital
Districts 1st and 2nd districts of Makati City
Settled 1670
Cityhood January 2, 1995
Barangays 33
Government
 • Type Mayor–council government
 • Mayor Jejomar Erwin S. Binay, Jr. (PDP-Laban)
 • Vice Mayor Romulo V. Peña, Jr. (Independent)
 • Makati City Council
Area[1]
 • Total 21.57 km2 (8.33 sq mi)
Elevation 15.4 m (50.5 ft)
Population (2010)[2]
 • Total 529,039
 • Density 24,527/km2 (63,520/sq mi)
Time zone PST (UTC+8)
ZIP Code 1200 to 1299
Dialing code 2

The City of Makati (/məˈkɑːtɪ/ mə-KAH-tee; Tagalog: Makati), in the Philippines, is one of the sixteen cities that make up Metro Manila. Makati is the financial center of the Philippines. As the host of various embassies, it is also an important center for international affairs.

With 529,039 people, Makati is the 16th-largest city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer.

Makati became the financial center of the Philippines during the 1960s. It is home to the Philippine Stock Exchange and the Makati Business Club.[3][4]

Makati is notable for its exceptionally multicultural lifestyle, as a significant center for intercontinental matters and for its reputation as a major entertainment center in the metropolis.[5] The city is also known for its cosmopolitan culture because of its major shopping centers, condominiums, financial hubs, hotels, and entertainment hubs, which are located around the city.[6] Makati is a city in the Philippines. It is known as the financial center of the Philippines. Makati has 529,039 people.

Makati first became as the financial center of the Philippines during the 1960s. The Philippine Stock Exchange and the Makati Business Club are there.[7][8]

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