Quezon City - Economy

Economy

The commercial center of the city is in Cubao where many shopping malls and the Aurora Tower can be found. There is a farmers' plaza and farmers' market. Fiesta Carnival was an enclosed amusement park cum carnival which is located in the heart of the Cubao Commercial Center, it has since been replaced by a branch of Shopwise, a local supermarket chain. You will also find the Araneta Coliseum, a venue for concerts as well as sports events.

Quezon City is home to the Philippines' major broadcasting networks. Television companies such as TV5, ABS-CBN, GMA Network, INC TV, UNTV, Net 25, PTV, RPN, and IBC all have their headquarters in Quezon City.

Tomas Morato and Timog Avenues are the heart of a restaurant and entertainment row with a wide array of prices, cultures, and flavors while Banawe Avenue is dubbed as the Autoparts Capital of the Philippines because of the concentration of car parts shops and accessories and home to clusters of authentic Chinese restaurants aside from Binondo. The tallest building in the city is a 40 storey Eastwood Parkview located in Eastwood City.

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Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)