Amando M Tetangco, Jr: Working together for a better nation Speech by Mr Amando M Tetangco, Jr, Governor of the Central Bank of the Philippines, at the General Membership Meeting and Induction of 2006-2007 Officers and Directors, Bank Marketing Association of the Philippines (BMAP), Makati City, 26 January 2006.
But these firms make up a small share of the economy and an even smaller share of employment. The 2010 Census of Business Establishments found that formal sector enterprises (enterprises employing 5 or more workers) employed only 3.3 percent of the entire workforce (this includes all categories of employment of which professionals are only a small share).