The SMX Convention Center (formerly Maitrade Expo & Convention Center) (Project Name: MAITrade) is the Philippines' largest privately run exhibition & convention middle. The 46,647-square meter building will have seven floors & basement parking with a total leasable area of 19,800 square meters featuring huge exhibition areas & function rooms. The convention middle can fit about 6,000 people.
The groundbreaking was held on March 23, 2006. The P900 million project, was completed & inaugurated on November 5, 2007. It is set to compete with the nearby state-run Philippine International Convention Center & World Trade Center-Metro Manila.
Makati Stock Exchange
On January 4, 1993, the former Manila Stock Exchange started the computerization of its operations using the Stratus Trading System (STS) with a company called Equicom. Later that year, on June 15, the former Makati Stock Exchange adopted the MakTrade trading system. Both systems were linked on March 25, 1994 to produce a One Price-One Market exchange.
Two years later, on November 13, 1995, the implementation of the Unified Trading System (UTS) allowed the use of a single-order-book system on a MakTrade software where all the orders are posted and matched in one computer.
In 2005, the PSE adopted an online daily disclosure system (ODiSy) to improve the transparency of listed companies and ensure full, fair, timely and accurate disclosure of material information from all listed companies. The ODiSy provides 24/7 online system access for the submission of all types of disclosures.
As of 31 December 2009, the Philippine Stock Exchange had 248 listed companies with a total market capitalization of US$130 billion. There are 184 trading participants registered at the PSE, of which 132 are active.
Two years later, on November 13, 1995, the implementation of the Unified Trading System (UTS) allowed the use of a single-order-book system on a MakTrade software where all the orders are posted and matched in one computer.
In 2005, the PSE adopted an online daily disclosure system (ODiSy) to improve the transparency of listed companies and ensure full, fair, timely and accurate disclosure of material information from all listed companies. The ODiSy provides 24/7 online system access for the submission of all types of disclosures.
As of 31 December 2009, the Philippine Stock Exchange had 248 listed companies with a total market capitalization of US$130 billion. There are 184 trading participants registered at the PSE, of which 132 are active.
History of Makati
Originally founded in 1670 as a visita of Sta. Ana de Sapa under the jurisdiction of the Franciscans, Makati City was first dismissed as "worthless" swamp land by the Spanish conquistador Juan Miguel de Legazpi in 1571.
Yet over the centuries, this small community would leave large imprints in social, economic and cultural history. The friars established two of the earliest churches in the Philippines - the Nuestra Señora de Gracia in Guadalupe and the Church of Sts. Peter and Paul - in Makati, drawing pilgrims from all over the country.
At the turn of the century, the Americans established Fort McKinley in Makati, and in 1901, San Pedro de Makati, with a population of 2,500, was incorporated into the province of Rizal. On February 28, 1914, the Philippine Legislature passed Act 2390, shortening the name San Pedro Makati to Makati in the 1930s, the first airport, Nielson Airport, opened in what is now the Ayala Triangle. The first centrally planned community was established in the 1950s, and since the 1970s, Makati has been the undisputed financial and commercial capital, the once worthless swampland becoming prime real property.
Makati has also figured prominently in the political history of the Filipino. The community was one of the cradles of the revolt against Spanish colonial rule, and following the assassination of Ninoy Aquino in 1983, the epicenter of the protest movement against the dictatorial rule of Ferdinand Marcos. On January 2, 1995, the Makati became an independent city by virtue of Republic Act 7854.
For more information, see the Makati City Portal History section.
Yet over the centuries, this small community would leave large imprints in social, economic and cultural history. The friars established two of the earliest churches in the Philippines - the Nuestra Señora de Gracia in Guadalupe and the Church of Sts. Peter and Paul - in Makati, drawing pilgrims from all over the country.
At the turn of the century, the Americans established Fort McKinley in Makati, and in 1901, San Pedro de Makati, with a population of 2,500, was incorporated into the province of Rizal. On February 28, 1914, the Philippine Legislature passed Act 2390, shortening the name San Pedro Makati to Makati in the 1930s, the first airport, Nielson Airport, opened in what is now the Ayala Triangle. The first centrally planned community was established in the 1950s, and since the 1970s, Makati has been the undisputed financial and commercial capital, the once worthless swampland becoming prime real property.
Makati has also figured prominently in the political history of the Filipino. The community was one of the cradles of the revolt against Spanish colonial rule, and following the assassination of Ninoy Aquino in 1983, the epicenter of the protest movement against the dictatorial rule of Ferdinand Marcos. On January 2, 1995, the Makati became an independent city by virtue of Republic Act 7854.
For more information, see the Makati City Portal History section.
Subscribe to:
Posts (Atom)