Makati Central Business District
Makati Central Business District
The Central Business District (CBD) is where most of Makati’s financial resources are concentrated. This is an informal district bounded by EDSA, Sen. Gil Puyat Avenue (formerly Buendia), Antonio Arnaiz Road (formerly Pasay Road), and Chino Roces (formerly Pasong Tamo). It mainly encompasses Legaspi Village, Salcedo Village, Ayala Center, and parts of Bel-Air. Much of the area is owned by Ayala Land, Inc and administered through Makati Commercial Estates Authority (MACEA), its subsidiary.
Many skyscrapers rise in this area. PBCom Tower along Ayala Avenue is the country’s tallest building and reaches up 259 meters. It is the headquarters of the Philippine Bank of Communications, or PBCom. The Business District is also considered as one of the most vibrant commercial districts in South-East Asia. Makati CBD is considered to be a major metropolis affecting world economies.
One of the trading floors of the Philippine Stock Exchange is housed in Ayala Tower One and at the old Makati Stock Exchange Building, both also along Ayala Avenue. The Bank of the Philippine Islands (BPI), the country’s oldest bank, has its headquarters at the corner of Ayala Avenue and Paseo de Roxas.
Other companies that have their offices and country/regional headquarters within Makati City, most within the CBD, include Philippine Savings Bank (PSBank), IBM, Procter & Gamble, Citibank, Ayala Corporation, Development Bank of the Philippines (DBP), Metrobank, Intel Philippines, Microsoft Philippines, Nestlé, Syngenta, Shell, Convergys Corporation, Commonwealth Insurance Company (CIC), PeopleSupport, Pan Pacific Computer Center, Inc. (PPCC), Colgate-Palmolive Philippines, Inc., Holcim Philippines, and JG Summit, Accenture. Hewlett Packard’s main Philippines office and an HP service center are in Makati City. Asiana Airlines operates a sales office on the sixth floor of the Salcedo Tower in Makati City.
The Embassy of Switzerland, which serves the Philippines, Federated States o Micronesia, and Palau, is located on the 24th floor of the Equitable Bank Tower in Makati City.
It occupies Barangays Pio del Pilar, San Antonio, San Lorenzo, BelAir, and Urdaneta
