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