Makati (/məˈkɑːti/ mə-kah-tee Tagalog pronunciation: [maˈkati]), officially the City of Makati (Filipino: Lungsod ng Makati), in the Philippines, is one of the sixteen cities that make up Metro Manila. Makati is located within the circle of 14′40″ °north and 121′3″ °E right at the center of Metro Manila. Makati is the financial center of the Philippines; it has the highest concentration of multina
tional and local corporations in the country.[4] Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange is situated along the city's Ayala Avenue.[5][6] Makati is also known for being a major cultural and entertainment hub in Metro Manila.[7]
With a population of 582,602, Makati is the 17th-largest city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just half a million, the daytime population of the city is estimated to be more than one million during a typical working day because of the large number of people who go to the city to work, shop, and do business.[8]
