Based from the preliminary results of the 2016 Annual Survey of Philippine Business and Industry (ASPBI), the total number of establishments with Total Employment (TE) of 20 and over in the formal sector of the economy was recorded at 35,835. Across regions, 40.2 percent of establishments in 2016 were located in the National Capital Region (NCR) with a total of 14,414 establishments. CALABARZON with 5,116 establishments or 14.3 percent share ranked second. Central Luzon with 3,311 establishments (9.2%) and Central Visayas with 2,842 establishments (7.9%) placed third and fourth, respectively. Autonomous Region in Muslim Mindanao (ARMM) recorded the least count numbering to only 103 establishments or 0.3 percent share to total. Read more about Special Release: 2016 Annual Survey of Philippine Business and Industry (ASPBI)-Economy Wide for Establishment with Total Employment of 20 and Over: Davao Region.