Business

Federal Jury Awards Drummond $256 Million in Colombia Defamation Case

A federal jury in the United States has awarded coal producer Drummond Company Inc. $256 million after finding that a prominent human-rights attorney and his associates orchestrated a campaign of false accusations linking the company…

THE CITY PAPER STAFF January 19, 2026

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Avianca Grounds Most of Its A320 Fleet After Airbus Issues Safety Alert

Colombia’s flagship carrier, Avianca, announced Friday it has grounded more than 70% of its Airbus A320 fleet after the European manufacturer issued an urgent global…

THE CITY PAPER STAFF November 28, 2025

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Colombia Bets Big on Instant Payments With Central Bank’s BRE-B

Colombia has launched BRE-B, a real-time payments system developed by its central bank to unify digital transactions across banks and wallets. The free platform allows…

RICHARD EMBLIN July 17, 2025

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At the Crossroads of Global Trade, Singapore Redefines the Power of the Port

PSA Singapore, the world’s largest container transshipment hub, handled a record 40.9 million TEUs in 2024. From its colonial origins in 1819, Singapore has become…

RICHARD EMBLIN June 24, 2025

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Avianca Expands Fleet in Strategic Deal with Singapore’s BOC Aviation

Colombia's flagship Avianca airlines has signed a lease agreement with Singapore-based BOC for nine Airbus A320neo aircraft, reinforcing its fleet expansion plans. The deal highlights…

RICHARD EMBLIN June 6, 2025

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What Indonesia’s Floating Solar Project can teach Colombia about a clean energy future

The Cirata Reservoir project in Indonesia's West Java offers a blueprint for Colombia’s renewable transition and regional cooperation with Southeast Asia. As the largest floating…

RICHARD EMBLIN May 26, 2025

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Canada’s Cordoba Minerals sells Colombia stake in Alacrán to Chinese Consortium

Canada's Cordoba Minerals has sold its remaining 50% stake in Colombia's Alacrán copper project to China’s JCHX-led consortium, marking its exit from the country after…

THE CITY PAPER STAFF May 12, 2025

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Colombia’s Petro pivots to Beijing with intent to join Belt and Road

Colombian President Gustavo Petro plans to sign a letter of intent to join China’s Belt and Road Initiative during a May visit to Beijing, signaling…

THE CITY PAPER STAFF May 8, 2025

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IMF Suspends Colombia’s $9.8bn Credit Line over fiscal concerns

The IMF has suspended Colombia’s $9.8bn credit line, citing rising public debt and fiscal risk. President Petro responded with a personal attack on IMF chief…

THE CITY PAPER STAFF April 28, 2025

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Colombia’s peso struggles with Wall Street turmoil and oil slump

The Colombian peso slumped amid Wall Street's sell-off and falling oil prices, but has steadied near COP$4,400 to the USD. The currency remains volatile as…

THE CITY PAPER STAFF April 8, 2025

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Colombia to replace Kfirs with Sweden’s SAAB Gripen fighter jet

Colombia has signed a letter of intent to purchase between 16 and 24 modern fighter jets from Sweden. The deal with aircraft manufacturer SAAB would…

THE CITY PAPER STAFF April 3, 2025

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Colombia’s gas agenda at risk with US tariffs on Venezuelan energy imports

The U.S. objective to impose secondary tariffs on all countries purchasing Venezuelan oil and gas has stalled President Petro's plans for greater energy integration. Petro…

RICHARD EMBLIN March 25, 2025