Word: makati
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...tactics can onlv hurt the city he leads. With the Manila offices of the Japanese firms closed down, the municipality stands to lose well over $350,000 a year in taxes. Eight of the harassed Japanese firms have already taken up new offices in the fast-growing suburb of Makati (pop. 150,000), and most of the rest are expected to follow suit...
Cockroach Inspections. The Japanese are not the first to look upon Makati as a welcome escape from Manila. Once largely swampland, Makati has been developed since World War I by its most recent owners, the immensely successful (insurance, banking, cattle ranching and oil refining) Ayala family. Now one of the Philippines' most desirable residential and commercial areas, Makati lacks Manila's traffic jams, boasts lower taxes, cheaper office rentals and better telephone service. Over the past five years, the Ayalas have attracted such leading firms as the beer-making San Miguel Corp., Colgate-Palmolive, IBM and Eastman Kodak...
Villegas, who happens to have a home in Makati himself, says he is happy to see the Japanese firms move out of Manila, adds that "if they don't go, I'll force them out by running cockroach inspections for health hazards or something." Responds Makati's mayor, Maximo Estrella, 62: "I don't care what Villegas thinks. They are welcome here as long as no national law is passed banning them." Given the protectionist feelings of many Filipinos, enactment of such a law is an ever-present possibility. In the meantime,' however, Manila...
Welcome the Day Shift. When the convention formally opened at Santa Ana race track in Manila's suburb of Makati, the delegates passed through turnstiles where they were shaken down by khaki-clad cops, standing beside signs that read: "Please Deposit Your Firearms and Deadly Weapons Here." Dutifully, 39 delegates deposited gats the first...