Interestingly enough I had a conversation with a Chetumal businessperson yesterday and he said the economy there is bad and has been trending downwards for the past 3 years. Although it is officially the administrative capital of QR, many offices have been moved to Cancun and other locations. The shops depend on government workers and other locals (more than Belizean shoppers) to buy... And if these workers move elsewhere things slow down a lot.