According to Bloomberg data reported by The Business Times, Philippine and Thai corporate earnings are among the most exposed to the ongoing Iran war, with significant impacts expected on sectors such as energy and manufacturing.
The analysis highlights that companies in the Philippines and Thailand have higher sensitivity to oil price volatility and supply chain disruptions stemming from the conflict. This could lead to downward revisions in earnings forecasts for affected firms.
Investors are advised to monitor developments closely as the geopolitical situation evolves, with potential ripple effects across Southeast Asian markets.