Thu. Jun 20th, 2019

Remengesau congratulates Japan’s Shinzo Abe’s landslide victory

By: L.N. Reklai

October 23, 2017 (Koror, Palau) President Tommy E. Remengesau Jr. conveyed his congratulations on behalf of the Republic of Palau to Japan’s Prime Minister Shizo Abe’s landslide victory this week. [restrict]

The landslide victory in the snap elections gained Prime Minister Abe two-third majority in Japan’s parliament and secured his third term as prime minister in next September election.

“Your resounding victory in these snap elections reflect your outstanding leadership and commitment to the people of Japan and is a testament to the confidence they have in your and your leaders,” stated Remengesau in his letter.

Furthermore, President Remengesau reaffirmed Palau’s strongest commitment to stand with Japan “in every effort to stabilize regional security until such time as North Korea no longer represents an active threat to international peace.”

“I again, express my country’s full support, in the strongest possible terms, of Japan’s efforts and position in the United Nations Security Council to address the provocations of North Korea” added Rmengesau.

Remengesau further expressed Palau’s gratitude to Japan’s continued efforts and support of Palau and the region in addressing climate change, maritime security and sustainable use of ocean resources.

Prime Minister Abe called snap elections after Japan’s opposition split, gaining him supermajority in both upper and lower houses of Japan’s parliament. [/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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