Digicel Pacific to be purchased by Telstra ‘in partnership’ with the Australian Government

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A US$1.6 billion (K3.51 billion) deal has been struck for Australia’s largest telco to acquire Digicel Pacific, Papua New Guinea and the Pacific’s largest telecommunications business.

People moves: Digicel Fiji, P&O Maritime Logistics

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Digicel Fiji gets a new boss and P&0 Maritime Logistics welcomes a new Chief Executive.

People moves: The Business Council of PNG, GE, Digicel Fiji 

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New appointments to the board of the Business Council of PNG, a new CEO of General Electric, PNG, a new CEO at Digicel Fiji

In brief: Bank of Papua New Guinea seeks K793 million loan to assist foreign exchange backlog, and other business stories

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Central bank seeks temporary loan to cover backlog of demand for foreign currency, district grants and non-tax paying companies under fire and kina to fall to its lowest level since 2003 if current rate of depreciation continues. Your weekly digest of the latest business news.