Manila is a city in the Philippines . It is located in the center of the capital region Metro Manila and has 510 383 inhabitants (2007). Makati is considered the economic and financial center in the Philippines. In addition to the two Philippine stock exchanges Philippine Stock Exchange (PSE) and Philippine Dealing Exchange (PDEx) here are many banks, such as Metro Bank and other companies settled. The embassies of Germany, Austria and Switzerland are located in Makati.
The northern boundary of Makati is the river Pasig , with the City of Mandaluyong on the opposite river bank. To the east is adjacent to Makati City, Pasig and the Municipality of Pateros , and further south and west of the coast with Taguig , Pasay and Manila the circle. Makati, the name has its origins in the word kati , the Tagalog word for tides , and refers to the changing tides in the adjacent Pasig River. In the 12th Century, the area of Malays inhabited the expansion of settlement was just reached under the Spanish influence from the 16th Century instead. During the Spanish era, the city was temporarily San Pedro de Macati called.
Today’s main streets Ayala Avenue and Paseo de Roxas formed until 1948, the runways of the airport, “Nielson Field,” before the Manila airport after Parañaque City was laid. Today, Makati is the most modern developed city in the country.