Thu. Jun 20th, 2019

Misech Sworn In as Chief of Division of Immigration

On October 20, 2017, Mr. Flavin Misech was sworn in as new Chief of Division of Immigration, Bureau of Immigration and Labor. Present to witness the swear-in ceremony was Vice President and Minister of Justice Raynold B. Oilouch, Acting Director Tellei of the Bureau of Immigration and Labor, Acting Director Alonz of the Bureau of Public Safety, Chief Cleophas of the Division of Criminal Investigations (CID), Acting Chief Ngiraked of the Division of Corrections (DOC), colleagues from the Bureau of Labor & Immigration, and the family and friends of the new chief. [restrict]

Vice President and Minister of Justice Oilouch, Acting Directors and the Chiefs took turns to congratulate Chief Misech for his new position and reminded him of the big responsibility of the office. They also urged all personnel to work together under the new chief in order to perform the tasks effectively and efficiently.

The appointment of Chief Misech to head the Division of Immigration came as no surprise considering he has worked there for about 17 years, half of which time he had served as Acting Director or Acting Chief. As a result, he has all the necessary knowledge and that his colleagues at the Immigration overwhelmingly supported his appointment to the position.

The ceremony concluded with Chief Misech expressing his gratitude to everybody, especially for the trust given to him to head the Division of Immigration, and that he looks forward to the continuation of the work. Chief Misech called for further collaboration and cooperation within the Bureau so as to improve work performance.

The entire Ministry of Justice wishes to congratulate Mr. Misech for his new position as Chief of Immigration. [/restrict]


ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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