PSA to Conduct 2016 Annual Survey on Philippine Business and Industry (ASPBI)

The 2016 Annual Survey on Philippine Business and Industry (ASPBI) is a continuing activity of the Philippine Statistics Authority. It is primarily conducted to provide information on the levels, structures, performance and trends of economic activities of the formal sector in the entire country for the year 2016. It is one of the designated statistical activities of the government and it generates the essential statistics required for economic planning and analysis. In particular, the ASPBI will collect data and generate detailed information on employment, income, expense, inventories, tangible fixed assets, intangible fixed assets and total assets of the establishments. Moreover, some indicators to evaluate the performance of industries at the national and regional levels can also be generated such as value added, labor productivity, average compensation and other necessary. Results from ASPBI were also used for Business Process Management (BPM) activities and identification of micro, small and medium establishments/enterprise (MSME) using data on total employment and total assets collected. The distribution of questionnaires to sample establishment will start on April 17, 2017 to May 12, 2017 and collection will begin on May 2 to July 14, 2017. All information collected from sample establishment shall be kept strictly confidential and shall not be used for purposes of taxation, investigation or regulation as provided under Article 55 of RA 10625.