This so-called Galleon trade (from 1565 and on for the next 250 years consisted of exports coming from other Asian countries like China and Indonesia) showed not only exchange of goods between countries. It also created a means for cultural exchanges, cross-country cooperation, and dialogue, similar to what we do today among ourselves and with the rest of the world.
Like most buildings here in the walled City of Intramuros, the original Ayuntamiento was destroyed in 1945 during the second World War. It has gone through a number of reconstructions after damages brought by fires and earthquakes. Its rehabilitation began in 2009 and was completed in 2013. A long and tedious process. Like Ayuntamiento, our financial markets have seen numerous transformations through time.