Philippine and Thai corporate earnings are among the most exposed in Southeast Asia to the economic fallout from the Iran conflict, according to data from Bloomberg. The analysis, reported by The Business Times, highlights the vulnerability of companies in these two countries to disruptions in oil prices and trade flows.
The Bloomberg data identified that sectors such as energy, manufacturing, and consumer goods in the Philippines and Thailand face the highest risk from rising oil prices and supply chain disruptions. These industries rely heavily on imported crude and intermediate goods, making them sensitive to geopolitical shocks in the Middle East.
The findings underscore the broader regional impact of the Iran conflict, with Southeast Asian economies bracing for potential slowdowns. Analysts note that while some countries may benefit from higher energy prices as net exporters, the Philippines and Thailand face steeper challenges given their reliance on imported energy and external demand.