Singapore: OCBC Wing Hang Bank sells stake in Hong Kong Life for S$425.8m


OCBC Wing Hang is divesting its stake in Hong Kong Life Insurance Limited.

Hong Kong cityscape. Image Credit: Wikimedia Commons
Photo: Bloomberg
Blockchain/Bitcon. Photo: Bloomberg
Singapore to launch blockchain project for interbank payments

In a major move to explore the use of digital currency in Singapore, the city state’s central bank plans to launch a pilot project with the country’s stock exchange and eight local and foreign banks to use blockchain technology for interbank payments.

Waterfront view of Sydney, Australia
Visual from the homepage of Great Eastern
DBS Bank | Image from Bloomberg
Visual from the OCBC website. August 2015
An employee of a money changer holds a stack of U.S.  Dollar notes before giving it to a customer in Jakarta. Photo: REUTERS/Beawiharta
Pranav Seth & Samuel Tsien at launch of OCBC's The Open Vault.
Visual of Tsingda eEdu Corporation website. January 2016