An employee walking along a thermal pipe at the Kamojang geothermal
power plant near Garut, West Java, on March 18. State utility provider
 Perusahaan Listrik Negara is targeting an additional 135 megawatts of
electricity from three new geothermal plants. (Reuters Photo/Beawiharta)

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,.. etc.)
"A Summary" – Apr 2, 2011 (Kryon channeled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“.. Nuclear Power Revealed

So let me tell you what else they did. They just showed you what's wrong with nuclear power. "Safe to the maximum," they said. "Our devices are strong and cannot fail." But they did. They are no match for Gaia.

It seems that for more than 20 years, every single time we sit in the chair and speak of electric power, we tell you that hundreds of thousands of tons of push/pull energy on a regular schedule is available to you. It is moon-driven, forever. It can make all of the electricity for all of the cities on your planet, no matter how much you use. There's no environmental impact at all. Use the power of the tides, the oceans, the waves in clever ways. Use them in a bigger way than any designer has ever put together yet, to power your cities. The largest cities on your planet are on the coasts, and that's where the power source is. Hydro is the answer. It's not dangerous. You've ignored it because it seems harder to engineer and it's not in a controlled environment. Yet, you've chosen to build one of the most complex and dangerous steam engines on Earth - nuclear power.

We also have indicated that all you have to do is dig down deep enough and the planet will give you heat. It's right below the surface, not too far away all the time. You'll have a Gaia steam engine that way, too. There's no danger at all and you don't have to dig that far. All you have to do is heat fluid, and there are some fluids that boil far faster than water. So we say it again and again. Maybe this will show you what's wrong with what you've been doing, and this will turn the attitudes of your science to create something so beautiful and so powerful for your grandchildren. Why do you think you were given the moon? Now you know.

This benevolent Universe gave you an astral body that allows the waters in your ocean to push and pull and push on the most regular schedule of anything you know of. Yet there you sit enjoying just looking at it instead of using it. It could be enormous, free energy forever, ready to be converted when you design the methods of capturing it. It's time. …”

Thursday, April 2, 2015

Billionaire Sy to Build Micro Cities Around His Philippine Malls

Jakarta Globe, Ian Sayson, Apr 01, 2015

Filipino residents paint homes as an AirAsia plane flies over at a housing project
in Paranaque city, south of Manila, Philippines, on March 25, 2015. Growth in the
 Philippine economy is set to pick up in 2015 as government expenditure
expands and both private consumption and investment remain strong, says a
new Asian Development Bank report. (EPA Photo/Francis R. Malasig)

Billionaire Henry Sy, the richest person in the Philippines, will start to develop apartments, offices and hotels around his shopping malls to maximize the value of property holdings in the face of similar moves by competitors.

Fifteen of 50 shopping malls now owned by Sy’s SM Prime Holdings are on land large enough for high-density, mixed-used development, executive vice president Jeffrey Lim, 53, said in an interview in Manila on Monday. Depending on demand, five so-called townships will be built in two years and about 10 more over five years, he said.

The townships will be part SM Prime’s 500-billion-peso ($11 billion) expansion from now through 2019, Lim said. They will pit the largest Philippine mall developer against Ayala Land and Megaworld, the biggest builders of mixed-used projects. Ayala and Megaworld have been building townships for several years, capitalizing on the rising office-space needs of outsourcing companies, while higher remittances from Filipinos abroad have fueled home purchases.

“SM Prime has plenty of resources around its malls, and these will become expensive parking lots if they don’t do this,” said Richard Laneda, an analyst at COL Financial Group, who has a buy rating on the company’s stock. “If they don’t do this, the market will go to the other developers.”

Publicly-held Philippine builders’ push for townships in and out of Manila boosted their capital spending to a record 331 billion pesos, according to broker Savills. Congestion in Metro Manila is driving demand in these micro-districts, it said.

‘On their toes’

Remittances climbed 5.8 percent to a record $24.3 billion last year. Money transfers from Filipinos living and working overseas account for about 10 percent of the nation’s economy, the World Bank estimates.

“The live-work-play lifestyle in these townships have resulted into a lot of success for some major developers,” Michael McCullough, Manila-based managing director at KMC MAG Group, the local associate of Savills, said in mid-March.

SM Prime “has to be on their toes to continue to have the upper hand,” said Allan Yu, first vice president at Manila- based Metropolitan Bank & Trust. He helps manage  about $7.5 billion, including SM Prime shares. “They have to upgrade their existing assets, not just expand their portfolio.”

Growing landbank

SM Prime has gained 37 percent over the last year, exceeding the 30 percent gain in Megaworld and the 29 percent advance in Ayala Land. The Philippine Stock Exchange Index has added 24 percent in that period and the Bloomberg Asia Pacific Real Estate Index 24 percent.

Net income will climb 19 percent this year to 21.87 billion pesos, according to median of 13 analyst estimates compiled by Bloomberg.

The company’s landbank stands at 900 hectares, Lim said. Before Sy pooled his property assets into SM Prime in 2013, the mall builder’s landbank was about 120 hectares, Lim said.

Sy, who is 90, has an estimated net worth of $13.4 billion, according to the Bloomberg Billionaires Index. He migrated to the Philippines from China in 1936 and started selling rice, sardines and soap in his father’s Manila store. He opened a shoe store in 1948 and eventually built his business empire in the 1980s by opening malls.

Manila reclamation

SM Prime plans to spend 70 billion pesos this year to build malls and homes. After constructing three to four malls a year, SM Prime has said it plans to open as many as five in 2015. It plans to start five new residential projects this year and expand existing developments if there is demand.

As part of its strategy for 2015, SM Prime aims to sell as many as 14,000 homes valued at about about 3 million pesos each, Lim said. There is not a supply glut in that portion of the market, he said. The company gets about a third of revenue from home sales.

For the longer term, the company has applied to reclaim 600 hectares of land along Manila Bay and spend about 100 billion pesos to turn the property into a master planned integrated and mixed-use community. The development is adjacent to the group’s Mall of Asia complex and the strip of four integrated casino resorts that will make up Pagcor Entertainment City.

That plan, which has won permission from the city governments of Pasay and Paranaque, will be among the single biggest contiguous developments in Manila if approved by the nation’s economic planning agency.

“A number of our malls have excess land, and these are just there untouched,” Lim said. “Our thrust is to maximize the synergies of integrated development. Building lifestyle cities will maximize the potential of our properties.”


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