The largest Arab economy expects real gross domestic product to grow by 0.03 percent this year, the document released by the ministry of finance showed, compared with a previous forecast for growth of 3.1 percent.
China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a run of indicators suggesting the world's second-largest economy has begun to bottom out.
The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.
India, one of the largest economies in South Asia, has been identified as a destination for Filipino exporters with its growing market for Philippine products and the existence of preferential trade agreements.