Taguig previously referred to as Lungsod ng Taguig is a city in Metro Manila in the Philippines. From a thriving fishing community along the shores of Laguna de Bay, it is now an important residential, commercial and industrial center. The recent construction of the C-5 highway and the acquisition of the Fort Bonifacio development area has paved the way for the cityhood of the municipality. The city ranked first among Philippine cities in the Ease of Doing Business Index, conducted by the World Bank's International Finance Corporation. It is also an ideal home to various prestigious international schools such as the British School Manila, International School Manila, and Manila Japanese School, which are all located in the University Parkway of Bonifacio Global City.