Thu. Jun 20th, 2019

Remengesau declares Oct. 10 as mental health day

President Tommy Remengesau, Jr. has issued a presidential proclamation declaring October 10 as the national mental health day in Palau in support of the worldwide observance of mental health day themed “Young People and Mental Health in a Changing World.”

In his presidential proclamation dated October 8, Remengesau encourages parents and teachers in helping the youth develop life skills among young people that will help them cope with their everyday challenges.

Remengesau also stressed the need for the communities and schools to provide psychosocial support and also for health workers to be trained in detecting and managing mental health disorders

“We must all advocate for the promotion of mental health wellness by practicing the principles of prevention which begins with being aware of and understanding the early warning signs and symptoms of mental illness,” the proclamation reads.

Remengesau also emphasized the need to address social stigma associated with mental health issues. (Rhealyn C. Pojas)


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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