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Volume 15, Number 2
January 28, 2009

economy

Also in this section:
Torrijos announces $1.11 billion bank stimulus plan
Controversies accompany new Tribunal de Cuentas
Is this progress for Coronado?
US GAO report on big companies with subsidiaries in tax havens
Activity at Howard again
Scam alert from retirees' group
Business & Economy Briefs




Is it progress for Coronado?

"Coronado is life," goes the old real estate sales slogan. But life in the beach community isn't as it was in the old days. There's a rapidly expanding commercial area along the Pan-American Highway, which has progressed to the point that you can now pig out on double quarter pounders with cheese without even leaving the air-conditioned comfort of your SUV.

Not everybody in town is thrilled about this progress, but it's continuing nevertheless. McDonald's joins Subway and Pio Pio in the Coronado fast food sector and it's hard to imagine that some more of that industry's usual international panoply won't be joining them.

Two new major supermarkets are coming soon to offer competition to (and maybe relieve the weekend crowding at) the existing El Rey, a Cochez building materials store just opened, new restaurants and a new bank recently opened their doors and there is now an outpatient branch of the San Fernando Hospital.

So is Coronado life? For some people, the place has become less attractive to actually live in, but the new businesses that are coming in make the surrounding area --- that is, places sufficiently removed from the noise and bustle but close enough that its goods and services are convenient --- a better place to live.

Photo by Eric Jackson









Also in this section:
Torrijos announces $1.11 billion bank stimulus plan
Controversies accompany new Tribunal de Cuentas
Is this progress for Coronado?
US GAO report on big companies with subsidiaries in tax havens
Activity at Howard again
Scam alert from retirees' group
Business & Economy Briefs


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