National Stock Exchange Celebrates 30 Years
The National Stock Exchange celebrated its 30th anniversary with a ceremony Monday at the Marriott Hotel in San Antonio de Belén, northwest of San José, according to National Stock Exchange spokeswoman Silvia Zúñiga.
Minister of the Presidency Rodrigo Arias, who previously acted as president of the stock exchange, opened the ceremony, Zúñiga said.
Arias praised the stock exchange’s founders, calling them “pioneers and visionaries,” according to a statement from Casa Presidencial.
“When people first began to talk about creating a capital market in Costa Rica and a National Stock Exchange as a strategic instrument of this market, conditions in the country were very different than they are today,” said Arias, who is also President Oscar Arias’ brother.
Since then, the stock exchange has grown and faces the challenge of achieving new levels of success by becoming more competitive in the global economy, Arias said.
National Stock Exchange president Orlando Soto also attended the ceremony, and Jeffrey Singer, vice-president of the U.S. National Association of Securities Dealers Automated Quotation (NASDAQ), traveled to Costa Rica for the occasion and gave a presentation on the evolution of capital markets.
You may be interested
Cold front claims fourth victim in Costa RicaKatherine Stanley - December 12, 2017
High winds claimed the life of a fourth victim in Costa Rica as the cold front that has been moving…
With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalieAFP - December 11, 2017
Real Madrid's first foray into the January transfer market will be to snap up Athletic Bilbao's promising goalkeeper Kepa Arrizabalaga,…
Our High Season Print Edition is here! Here’s where to find itKatherine Stanley - December 11, 2017
In the weeks since the relaunch of The Tico Times on Sept. 1, we’ve been hard at work to reconnect…