The City of Makati (/məˈkɑːtɪ/ mə-KAH-tee; Filipino: Makati), in the Philippines, is one of the 16 cities that make up Metro Manila, one of the most populous metropolitan areas in the world. Makati is the financial center of the Philippines. As the host of various embassies, it is also an important center for international affairs.
With a population of 529,039, 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. Makati is home of the Philippine Stock Exchange and the Makati Business Club.
Makati is being known for its cosmopolitan culture because of its major shopping centers, condominiums, financial hubs, hotels, and entertainment hubs are located around the city. Although the city is noted for its cosmopolitan culture, it faces internal tensions owing to the wealth gap between residents, workers in and visitors to the newer part of city in the west, which contains the central business/financial district, and residents of the older part in the east, which is largely poor and where most of the slums are located.
Read more about Makati: Etymology, Geography, Demographics, Economy and Infrastructure, Shopping Centers, Education, Housing and Residences, Culture, Transportation, Government