2025-07-29

Seizing opportunities in global supply chain restructuring to assist businesses in cross-border expansion. Standard Chartered Taiwan held its 40th Anniversary Summit Economic and Trade Forum, inviting representatives from the Gujarat Financial District in India to Taiwan to share their latest developments.

Standard Chartered Taiwan 40th Anniversary Summit Economic and Trade Forum.

Taipei  The restructuring of global supply chains is not only forcing businesses to rethink costs and efficiency but also challenging the resilience and flexibility of their operational systems to meet diverse customer demands. To celebrate its 40th anniversary in Taiwan, Standard Chartered Bank (hereinafter referred to as "Standard Chartered") hosted a summit economic and trade forum, inviting Financial Supervisory Commission Vice Chairperson Zhuang Xiuyuan and industry leaders from across Asia to discuss current trends and explore opportunities for businesses to reshape long-term competitiveness amidst this changing landscape.

In his speech, Standard Chartered Bank General Manager Paul Hsing noted that Standard Chartered, with its extensive multinational financial experience and regional integration capabilities, has a keen understanding of key advantages in evolving industries and is committed to helping clients grasp the pulse of industry development and transformation opportunities. As it celebrates its 40th anniversary in Taiwan, Standard Chartered will continue to leverage its international perspective and global presence to partner with clients to seize opportunities presented by transformation and become a vital supporter of Taiwanese businesses expanding into overseas markets.

Financial Supervisory Commission (FSC) Vice Chairperson Chuang Hsiu-yuan also expressed her appreciation for Standard Chartered Bank during the meeting, praising its combined strengths of international experience and deep local roots. She also encouraged Standard Chartered Bank to continue supporting Taiwanese businesses in adapting to changing circumstances and expanding internationally, as it witnesses Taiwan's economic development and industrial transformation. While geopolitical restructuring of the global supply chain is accelerating, necessitating a diversified business presence, Taiwanese businesses remain proud of their resilience and flexibility. She emphasized that the FSC will continue to maintain financial market stability, working with the financial industry to support business transformation and upgrading, and strengthening the global competitiveness of Taiwan's overall industry.

During a forum-level discussion, Sunil Kaushal, Co-Head of Corporate and Investment Banking and President of ASEAN and South Asia at Standard Chartered , shared that as global supply chains shift from a centralized model to a more diversified and decentralized one, businesses must begin to pursue more flexible operating models. Whether it's cross-border capital allocation, digital financial flow solutions, or increasingly complex regulatory challenges, these are all issues that multinational corporations must address. As an international bank, Standard Chartered, leveraging its global network and deep experience in emerging markets, is committed to integrating cross-border resources and providing strategic advice to help businesses manage risks and identify growth opportunities during transformation.

As cross-border trade between emerging markets continues to grow as a share of the global total, the market visibility of ASEAN and South Asia is also increasing. The US's successive introduction of policies such as reciprocal tariffs has also accelerated the shift of the global supply chain toward emerging markets, making ASEAN and South Asia increasingly important hubs for US imports. India, with its strong manufacturing capabilities and potential domestic demand, is actively expanding its role and influence in the restructuring of the global supply chain.

As the first international bank to launch international banking services in the Indian government-planned Gujarat Special Financial District (GIFT City) , the forum also specially invited the Director and CEO of the International Financial Services Centres Authority (IFSCA) of India to attend and introduce the unique positioning and advantages of the Gujarat Special Financial District in India . The district not only provides relevant industry preferential treatment and tax incentives, but also has abundant financial technology talent and infrastructure, hoping to assist Taiwanese companies in expanding into the Indian market and connecting with its huge domestic demand momentum.

As the first international bank to establish a presence in the Gujarat Special Financial Zone, Standard Chartered Bank has a deep roots in India for over 170 years and is the only leading bank with a comprehensive presence across all ten ASEAN countries. In addition to providing a diverse range of corporate banking services, including loan financing, trade finance, and cash management, Standard Chartered has pioneered a number of innovative products and hedging tools. Through its deep operational network in ASEAN and South Asia, Standard Chartered is not only a provider of financial services but also a trusted, long-term partner for businesses expanding globally. We will continue to accompany our clients through every transformational opportunity with our international perspective, local expertise, and dedicated team.