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05232022 HOME BUYER'S GUIDE

Monday, 23rd May, 2022.

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05232022 EDITION

Monday, 23rd May, 2022.

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INSIGHT: The invisible wave of COVID

A FRIEND tested positive for COVID-19 last week. He had to take a test ahead of travel, and hadn’t expected a positive result – but there it was. He was fully vaccinated, had the booster, and hadn’t felt ill at all, but still somewhere along the way he picked up the virus. It was, in his case, almost an invisible illness.


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THE KDK REPORT: A wrinkle or two

THROUGHOUT the course of history, we’ve all inherently benefited from the immeasurable sacrifices of our forefathers. Men and women who, through their contributions to the betterment of mankind, have made our lives infinitely easier.

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Miller: Slow progress on Olympia Heights

MORE than two months after a $1.2m contract was signed for the placement of infrastructure and development at Olympia Heights, Olympian Ramon Miller said there is still much more work to be done as construction has slowed down in the area.

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1,000 turn out for return to the road

ABOUT 1,000 revelers flooded the streets on Saturday for a Carnival road parade making for a “perfect” event, according to Rafel Dean, president of the Band Owners Association.


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DIANE PHILLIPS: The day the rains came

IT was Friday, the 13th.

Private pilots: ‘Trust but verify on show stopper’

Private pilots plan to “trust but verify” pledges by Customs to ease clearance reforms that some argue could cost this nation up to 25 percent of its existing business if implemented in their original form.

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Super Value slashes inflation impact 20%

Super Value’s principal says he does “not expect” The Bahamas to be hit by the baby formula shortage afflicting the US, while the supermarket chain’s buying strategies have reduced food inflation’s impact by 15-20 percent.


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Bud ‘fight’ on Burns House supply loss

Budweiser’s parent should have given BISX-listed Commonwealth Brewery more than one year’s notice warning when it terminated their distribution agreement and forced the Supreme Court into “uncharted territory”.

Bahamas First chair urges ‘exemption’ on insurance investing

Bahamas First’s chairman is urging the Government and Central Bank to give property and casualty insurers a “special exemption” to invest overseas and help improve their financial resilience to natural disasters.

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DEREK SMITH: ‘Digital transformation’ - The second part is key

Every company has been forced to reinvent itself, or re-evaluate how it does business, due to a digital evolution that some might call a revolution. Large companies have invested substantial resources in what is usually referred to as “digital transformation”. However, a problem occurs when they undertake a digital transformation plan without a clearly defined vision of what this should entail.


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Digital assets are no ‘silver bullet’ to rescue economy

A Cabinet minister and a member of the Government’s Digital Advisory Panel have both warned that digital assets are not a “silver bullet” that will rescue the Bahamian economy by themselves.

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Bahamas may ‘run out of runway’ for reforms

A Caribbean economist has questioned whether The Bahamas will “run out of runway” before key reforms “bear fruit” sufficiently to avert an economic and fiscal crisis.

Airline eyeing Out Island expansion

An airline is aiming to expand commuter flights to Cat Island and Eleuthera by year-end as it seeks to ramp-up service to more Family Islands.


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Tricky Russians

ActivTrades

EVEN many Russians cannot believe their eyes at the exchange offices in Moscow: The ruble is getting stronger and stronger. The Russian war of aggression against Ukraine, western sanctions, the mass departure of companies - all of this is weakening the country’s economy. On Thursday, for example, McDonalds announced the sale of its 850 stores to a Siberian businessman. This should also affect the ruble exchange rate.

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Speed thought to be factor in death

POLICE are investigating a traffic fatality that occurred when a man crashed after reportedly speeding on West Bay Street on Saturday evening.

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Man killed in hit-and-run crash

AUTHORITIES are currently investigating an apparent hit-and-run traffic accident on Kemp Road that occurred early Saturday morning, leaving one man dead.


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Talks keep going - as gas prices keep rising

THE vice-president of the Bahamas Petroleum Dealer’s Association, Vasco Bastian, says he is uncertain if gas prices will stabilise anytime soon as negotiations between his organisation and the government continue.

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Police seize $1.3m cocaine haul

POLICE arrested 21 Chinese nationals after 68 kilos of cocaine were seized in a $1.3m drug bust on a cargo boat near Arawak Cay on Sunday.