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(Redirected from Binondo)
'Binondo' is an enclave in Manila primarily populated by overseas Chinese who chose to live in the Philippines. Historically, the place was sited by the Spaniards within the range of Intramuros cannons, to prevent any uprising coming from the Chinese.
It is located across the Pasig River from Intramuros and the home of Chinatown in Manila. The district is filled with all types of business from Chinese merchants. It is said that this district was already a hub of Chinese commerce even before the Spaniards came in 1571.
Prior to Makati, Binondo was the main center for business in Manila, as the Chinese were very proficient at trading and financially acumen. Before World War II there was bustling community which included insurance companies from Britain and the United States, banks and other financial institutions. After the war most of these businesses began to relocate to the newly developing area of Makati, which was mostly owned by the Ayala family. Binondo is also famous for its imitation of a small Chinese town which is locally called "China Town". During the financial crisis of the early 80s, Binondo earned the nickname "Binondo Central Bank" as Chinese businessmen in the district engaged in massive black marketing of US dollars, often dictating the actual Peso-Dollar exchange rate. The term has survived to this day.
'Zone 27': 287, 288, 289, 290, 291
'Zone 28': 292, 293, 294, 295, 296
 Map of the Manila showing the location of Binondo | |
| City | Manila |
|---|---|
| Population (2000) | 11,619 |
| – Density | 17,576.52 per km² |
| Area | 66.11 hectares |
| – Barangays | 10 |
| – Cong. Districts | 3rd District |
'Binondo' is an enclave in Manila primarily populated by overseas Chinese who chose to live in the Philippines. Historically, the place was sited by the Spaniards within the range of Intramuros cannons, to prevent any uprising coming from the Chinese.
It is located across the Pasig River from Intramuros and the home of Chinatown in Manila. The district is filled with all types of business from Chinese merchants. It is said that this district was already a hub of Chinese commerce even before the Spaniards came in 1571.
Plaza Lorenzo Ruiz and the Binondo Church
Prior to Makati, Binondo was the main center for business in Manila, as the Chinese were very proficient at trading and financially acumen. Before World War II there was bustling community which included insurance companies from Britain and the United States, banks and other financial institutions. After the war most of these businesses began to relocate to the newly developing area of Makati, which was mostly owned by the Ayala family. Binondo is also famous for its imitation of a small Chinese town which is locally called "China Town". During the financial crisis of the early 80s, Binondo earned the nickname "Binondo Central Bank" as Chinese businessmen in the district engaged in massive black marketing of US dollars, often dictating the actual Peso-Dollar exchange rate. The term has survived to this day.
| Contents |
| Barangays |
Barangays
'Zone 27': 287, 288, 289, 290, 291
'Zone 28': 292, 293, 294, 295, 296
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