Bank of Commerce, LandBank tie up for OFW remittance service

In photo at the MOA signing are (L-R): Bank of Commerce Operations Group Heed and EVP Carmelita R. Araneta, LandBank Branch Banking Sector Head and EVP Jocelyn dG. Cabreza, and Bank of Commerce International operations Divisions Head and FVP Alfredo L. Ayson

Bank of Commerce, LandBank tie up for OFW remittance service. bank of Commerce recently signed a partnership with Land Bank of The Philippines to allow overseas Filipino workers to send monet to their familis through the overseas remittance partners and correspondents of both banks.

Through direct electronic system integration, OFWs are assured that their remittances will be credited immediately to their bank of Commerce or LandBank account and may encashed at any branch of both banks.

Volvo Cars presents a unique system solution for integrating self-driving cars into real traffic‬‬‬‬‬‬‬‬‬‬‬‬‬‬

Volvo Cars presents a unique, complete system solution that makes it possible to integrate self-driving cars into real traffic – with ordinary people in the driver’s seat. The solution was presented today via an interactive, online press conference.

“We are entering uncharted territory in the field of autonomous driving,” says Dr Peter Mertens, Senior Vice President Research and Development of Volvo Car Group. “Taking the exciting step to a public pilot, with the ambition to enable ordinary people to sit behind the wheel in normal traffic on public roads, has never been done before.”

As the Drive Me project enters its second year, Volvo Cars is moving rapidly towards the aim of placing 100 self-driving cars in the hands of customers on selected roads around Gothenburg by 2017. The public pilot, one-of-a-kind collaboration between legislators, transport authorities, a major city and a vehicle manufacturer, is a central component of Volvo Cars’ plan to achieve sustainable mobility and ensure a crash-free future.

From lost time to quality time
Based on an extensive analysis of potential technical faults, Volvo Cars has designed a complete production-viable autonomous driving system. The key to making this unprecedented leap is a complex network of sensors, cloud-based positioning systems and intelligent braking and steering technologies.

“Autonomous driving will fundamentally change the way we look at driving. In the future, you will be able to choose between autonomous and active driving,” says Dr Mertens. “This transforms everyday commuting from lost time to quality time, opening up new opportunities for work and pleasure.”

Moving beyond demonstrators
Volvo Cars’ Autopilot system is designed to be reliable enough to allow the car to take over every aspect of driving in autonomous mode. The technology advances a crucial step beyond the automotive systems demonstrated so far since it includes fault-tolerant systems.

“It is relatively easy to build and demonstrate a self-driving concept vehicle, but if you want to create an impact in the real world, you have to design and produce a complete system that will be safe, robust and affordable for ordinary customers,” says Dr Erik Coelingh, Technical Specialist at Volvo Cars.

The main challenge is to design an Autopilot that is robust for traffic scenarios as well as for technical faults that may occur. It cannot be expected that the driver is ready to suddenly intervene in a critical situation. Initially, the cars will drive autonomously on selected roads with suitable conditions, for example without oncoming traffic, cyclists and pedestrians.

Back-up systems
“Making this complex system 99 per cent reliable is not good enough. You need to get much closer to 100 per cent before you can let self-driving cars mix with other road users in real-life traffic,” says Erik Coelingh. “Here, we have a similar approach to that of the aircraft industry. Our fail-operational architecture includes backup systems that will ensure that Autopilot will continue to function safely also if an element of the system were to become disabled.”

For example, the probability of a brake system failure is very small, but a self-driving vehicle needs a second independent system to brake the vehicle to a stop, as it is unlikely that the driver will be prepared to press the brake pedal.

Handles complicated scenarios
On the road, the complete technology solution shall handle even the most complicated scenarios, from smooth commuting to heavy traffic and emergency situations.

“Just as good drivers would, potentially critical situations are approached with sensible caution. In a real emergency, however, the car reacts faster than most humans,” says Erik Coelingh.

When autonomous driving is no longer available – due to exceptional weather conditions, technical malfunction or the end of the route has been reached – the driver is prompted by the system to take over again.

If the driver is incapacitated for any reason and does not take over in time, the car will bring itself to a safe place to stop.

Consumer and societal benefits
In addition to simplifying people’s lives and transforming the everyday commute from lost time to quality time, self-driving cars create environmental benefits.

Volvo Cars expects that autonomous driving could cut fuel consumption. The technology could also improve traffic flow as well as open up possibilities for urban planning and more cost-efficient investments in infrastructure.

“Developing a complete technological solution for self-driving cars is a major step. Once the public pilot is up and running, it will provide us with valuable knowledge about implementing self-driving cars in the traffic environment, and help us explore how they can contribute to sustainable mobility. Our smart vehicles are a key part of the solution, but a broad societal approach is vital to offer sustainable personal mobility in the future. This unique cross-functional co-operation is the key to a successful implementation of self-driving vehicles,” says Erik Coelingh.

A selection of Drive Me system solution components:

Sensor technologies
Volvo Cars is developing a holistic solution that generates exact positioning and a complete 360° view of the car’s surroundings. This is achieved by a combination of multiple radars, cameras and laser sensors. A redundant network of computers processes the information, generating a real-time map of moving and stationary objects in the environment.

Precise positioning is based on this surround information together with GPS and a high definition 3D digital map that is continuously updated with real-time data. The system is reliable enough to work without requiring driver supervision.

Combined radar and camera
The combined 76 GHz frequency-modulated continuous wave radar and camera placed in the windscreen is the same as that in the all-new XC90. This system reads traffic signs and the road’s curvature and can detect objects on the road such as other road users.

Surround radars
Four radars behind the front and rear bumpers (one on each corner of the car) are able to locate objects in all directions. By sweeping both left and right, transmitting waves that bounce off signs, poles, and tunnels, they monitor a full 360° around the car.

360° surround vision
Four cameras monitor objects in close proximity to the vehicle. Two are under the outer rear-view mirrors, one is in the rear bumper and one is in the grille. Besides detecting objects at close range, these cameras monitor lane markings.

The cameras have a high dynamic range and can handle very quick changes in lightning conditions, e.g. when entering a tunnel.

Multiple beam laser scanner
This sensor system is placed in the front of the vehicle, below the air intake. The scanner can identify objects in front of the car and ensures very high angle resolution. It can also distinguish between objects. The unique laser sensor has a range of 150 metres for vehicles and covers a 140° field of view.

Trifocal camera
In addition, a trifocal camera placed behind the upper part of the windscreen is three cameras in one, providing a broad 140° view, a 45° view and a long-range, yet narrow, 34° view for improved depth perception and distant-object detection. The camera can spot suddenly appearing pedestrians and other unexpected road hazards.

Long-range radars
Two long-range radars placed in the rear bumper of the car ensure a good rearward field of view. This technology is particularly useful when changing lanes because it can detect fast-moving vehicles approaching from far behind.

Ultrasonic sensors
Twelve ultrasonic sensors around the car are used to identify objects close to the vehicle and support autonomous drive at low speeds.

The sensors are based on the technology used for current park assist functions enhanced with advanced signal processing.
A typical example of when this technology is useful is for detecting unexpected situations, such as pedestrians or hazards on the road close to the car.

High definition 3D digital map
A high definition 3D digital map is the tool used to provide the vehicle with information about the surroundings, e.g. altitude, road curvature, number of lanes, geometry of tunnels, guard rails, signs, exits, etc. The position geometry is in many cases at centimetre level.

High performance positioning
The high performance GPS is one part of the positioning control that is enhanced by a combination of an advanced GPS, a 3-degrees of freedom accelerometer and a 3-degrees of freedom gyro. By matching the 360 image created by the multitude of sensors with the map image, the car will get the information about its position in relation to the surroundings.

By combining the information from the sensors and the map, the Drive Me car is able to choose the best course in real time, factoring in variables such as the curvature of the road, speed limit, temporary signs and other traffic.

Cloud services
The cloud service is connected to the traffic authorities’ control centre. This ensures that the most up-to-date traffic information is always available. The control centre operators also have the ability to tell the drivers to turn off the autonomous drive mode if necessary.

DBP Opens Fund Drive for SAF 44 Heroes

State-owned Development Bank of the Philippines has opened a Savings Account to receive donations for the families of the 44 fallen heroes of the PNP-Special Action Force (SAF 44).

DBP Chief Marketing Officer Antonio Owen S. Maramag said the idea for the fund came from one of its Board directors and is supported by the entire Board and Management and Staff of DBP who all pledged to start the fund with their contributions and in order for all Filipinos to show their gratefulness to the ultimate sacrifice made by these fallen heroes.

The account has the following details:

Account Name: DBP Fund Drive (SAF 44)
Account Number: 6-22652-405-0 (Savings Account)

Donations can be deposited at any DBP Branch nationwide and can also be made via Inter-Bank Fund Transfer from any deposit account with an ATM card of any BancNet member bank thru BancNet ATM machines. The donations will be distributed by DBP directly to the families of the fallen SAF troopers.

Maybank Foundation and MERCY Malaysia help rehabilitate flooded areas in PH

In this photo (L-R): En Shahril Azuar Jimin (CEO, Maybank Foundation), Datuk Dr Ahmad Faizal Ahmad Perdaus (President of Mercy Malaysia) and Norazam Ab Samah (Regional Director of Mercy)

Maybank Foundation, Inc. through Medical Relief Society (MERCY) has donated RM200,000.00 or nearly PhP3 million to Nasunugan Elementary School in Ormoc City, which was ravaged by Super Typhoon Haiyan in 2013.

Maybank Foundation Chairman Tan Sri Megat Zaharuddin Megat Mohd Nor said, “Maybank’s partnership with Mercy Malaysia in disaster mitigation had enabled us to react quickly with coordinated aid to the recent flood disaster.”

Meanwhile, Shahril Azuar Jimin, the CEO of Maybank Foundation said, “It has been a difficult year for some of our communities recently. We all need to do what we can to reach out to the affected communities, especially for those who have lost their homes or had their lives disrupted due to the recent disasters.

“At times like these, we need to ensure that aid reaches the correct people at the correct time. We have seen MERCY Malaysia at work and we strongly believe that it is an ideal partner for us to channel aid to the affected communities,” he added.

“In the region, one of the most horrifying disasters was super typhoon Haiyan in the Philippines. We were made aware that one of the affected communities was the Nasunugan Elementary School in Ormoc, Philippines, which we felt needed special assistance. Through our collaboration, we are hoping that our contribution would help MERCY Malaysia in further expanding their noble humanitarian services,” he further said.

The Nasunugan Elementary School was one of the buildings that was affected by the Typhoon Haiyan that hit the Philippines.

MERCY Malaysia first started relief efforts there by distributing shelter repair kits to the villages in Nasunugan. This was then further extended by conducting rehabilitation and reconstruction program on the Nasunugan Elementary School.

Reaching the Heart through the Wrist

When a coronary angiogram was recommended to 47-year-old Nelson Lacap, he sighed as he thought about the discomfort, the risk of complications, and days of hospital confinement.

An angiogram, also known as cardiac catheterization, is usually performed to investigate the possibility of blocked coronary arteries. Any catheter placement into a blood vessel is associated with a risk of bleeding. The femoral artery in the groin – near where the leg bends from the hip – is one of the blood vessels Interventional Cardiologists most commonly use to insert a catheter (a flexible tube that is smaller than the vessels) and thread it through the arteries to the heart to perform the angiogram.

Nelson was thinking about this traditional approach which makes uses of the femoral site. His doctor, Dr. Michelangelo Sabas, Interventional Cardiologist at The Medical City (TMC), introduced him to the transradial access to cardiac catheterization.

Nelson proceeded with his angiogram on July 17, 2014 at the TMC Catheterization Laboratory (Cath Lab). He arrived at the Cath Lab an hour before his 9 am procedure. The angiogram itself took half an hour.

“I wasn’t in there very long,” said Nelson of the procedure. “With it done in the wrist, I could move around immediately. I was out of the Cath Lab before 12 noon,” he added. Nelson said he literally walked off the catheterization table after his angiogram.

Dr. Sabas explained that after the transradial procedure, patients can sit up, eat, drink, or even walk without fear of causing bleeding at the access site.

“This is helpful especially in patients with chronic back pain or other conditions that may make lying flat difficult,” continued Dr. Sabas. The transradial approach provides a safer alternative to catheterizations – especially for patients with medical conditions which increase bleeding risk such as those who are obese, have peripheral artery disease or are on anticoagulation medicine.

Transradial access for catheterization is obtained by puncturing the radial artery at the underside of the wrist using a small needle, through which a fine wire is inserted into the blood vessel to guide the insertion of a small plastic tube called a sheath. The sheath keeps blood from spurting out of the artery and allows other devices to go into the body’s cardiovascular system. From this access site, doctors can perform coronary angiogram (mapping of the heart arteries) and angioplasty or stenting (opening of blocked arteries).

At TMC, interventional cardiologists had utilized femoral artery as the preferred route for coronary procedures in the past years. The radial artery default access for angiography and coronary intervention at TMC was started in April 2010 by Dr. Sabas and Dr. Paolo Prado and since then, has become the preferred access for coronary procedures by most of the interventional cardiologists.

Dr. Sabas cited the benefits of transradial catheterization, which includes a lower risk of bleeding at the incision site, less risk of major complications that require blood transfusion or surgery, and less hematoma formation after the procedure.

A femoral procedure requires patients to lie flat for about six (6) hours while transradial patients can move around and walk to the bathroom after the procedure. The patient just wears a wrist band to control bleeding. He is merely advised to refrain from doing activities that entail flexing the wrist where the procedure was done for the next 24 hours. Early ambulation and early discharge after transradial catheterization make it more attractive than femoral procedure for elderly patients and those patients with back pain, chronic obstructive lung disease, and prostatic hypertrophy.

Lowered risk of bleeding, early ambulation and discharge translate to significant savings for the patient. When patients are able to ambulate sooner, nursing costs are also lessened.

Procedures such as transradial coronary angiography may actually be done as an outpatient procedure in low-risk patients or those who have no other serious illnesses that require further monitoring in the hospital. The procedure generally takes around 15 to 30 minutes.

In the Philippines, TMC is one of the first hospitals to offer transradial catheterization. TMC Cath Lab currently uses transradial access in almost 90% of its coronary procedures. This is the highest percentage, by far, of all the Cardiac Catheterization Labs in the country and matches the leading centers in Europe and Japan.

The transradial approach to diagnostic and interventional cardiac procedures at TMC Cath Lab is a testament of the efforts of TMC Cardiovascular Center to further improve quality of patient care by offering new and better options aimed at improving patient safety and comfort, and decreasing procedure costs.

For more information about transradial catheterization, you may contact tel. nos. 988-1000 or 988-7000 ext. 6278.