Economy
The commercial center of the city is in Cubao where many shopping malls and the Aurora Tower can be found. There is a farmers' plaza and farmers' market. Fiesta Carnival was an enclosed amusement park cum carnival which is located in the heart of the Cubao Commercial Center, it has since been replaced by a branch of Shopwise, a local supermarket chain. You will also find the Araneta Coliseum, a venue for concerts as well as sports events.
Quezon City is home to the Philippines' major broadcasting networks. Television companies such as TV5, ABS-CBN, GMA Network, INC TV, UNTV, Net 25, PTV, RPN, and IBC all have their headquarters in Quezon City.
Tomas Morato and Timog Avenues are the heart of a restaurant and entertainment row with a wide array of prices, cultures, and flavors while Banawe Avenue is dubbed as the Autoparts Capital of the Philippines because of the concentration of car parts shops and accessories and home to clusters of authentic Chinese restaurants aside from Binondo. The tallest building in the city is a 40 storey Eastwood Parkview located in Eastwood City.
Read more about this topic: Quezon City
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)