The City of Taguig,, is a highly urbanized city located in south-eastern portion of 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. It will also be accessed by the future C-6 Road.Taguig City lies on the western shore of Laguna de Bay and is bordered by Muntinlupa City to the south, Parañaque to the southwest, Pasay to the west, Cainta and Taytay on the northeast and Makati, Pateros, and Pasig to the north. Taguig River, a tributary of the Pasig River cuts through the northern half of the municipality and Napindan River, also a tributary of the Pasig forms the common border of Taguig with Pasig City.The city ranked first among Philippine cities in the Ease of Doing Business Index, conducted by the World Bank's International Finance Corporation.