Standard Chartered global research experts decode world economic outlook for 1H and maps Sri Lanka’s future

Wednesday, 12 March 2025 05:07 - - {{hitsCtrl.values.hits}}

Standard Chartered Sri Lanka officials pictured with Global Research Team speakers

Senior Economic Advisor to the President Duminda Hulangamuwa delivering keynote address

Standard Chartered Bank hosted its Annual Global Research Briefing in Sri Lanka on 11 March at the Galle Face Hotel, Colombo. The briefing, themed ‘Reverberations,’ brought together the Bank’s Global Research team to share insights on the economic outlook for global markets and Sri Lanka for the first half of 2025.

The high-profile event attracted numerous corporate and financial institutions clients of Standard Chartered, featuring presentations by Global Head of Fixed Income Research and Head of Asia Research Kaushik Rudra, Economist for South Asia Saurav Anand; and Standard Chartered ASA FX Research Head Divya Devesh.

Senior Economic Advisor to the President of Sri Lanka Duminda Hulangamuwa delivered the keynote address, highlighting the Government’s perspective on economic recovery following the country’s successful debt restructuring.

The briefing addressed critical questions surrounding the potential impact of the new Trump administration’s policies on global economics, trade relations, and geopolitics. Key topics included the global growth outlook for 2025, the effect of potential US tariffs on Europe and China, and the preparedness of Asian and GCC markets to handle economic shocks.

Of particular interest to the Sri Lankan audience was the analysis of the country’s economic trajectory in 2025 following its debt restructuring process, as well as the potential consequences for emerging markets facing higher interest rates and a stronger US dollar.

Standard Chartered Sri Lanka CEO Bingumal Thewarathanthri noted, “We are grateful to our respected research team for bringing global insights to Sri Lanka at this crucial time. As Sri Lanka navigates the economic environment of 2025, we hope to see positive economic trends echoing locally and globally. Standard Chartered remains committed to working closely with the Government and other stakeholders to support Sri Lanka’s continued economic recovery and growth.”

The ‘Reverberations’ briefing reflects Standard Chartered’s commitment to providing clients with expert analysis and foresight on economic trends, helping them make informed decisions in an increasingly complex global environment.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.