The continued demand for real estate in the emirate will support its macroeconomic development
A strong earthquake has struck near coastal Papua New Guinea. The 7.0 magnitude quake hit on Friday, north-northwest of Popondetta, and was 80 kilometres deep, the US Geological Survey said.
Shaking was felt in the capital Port Moresby - about 200 kilometres away - but not strongly.
The nation's disaster management centre said the epicentre was inland near Kokoda and assessment teams had been deployed.
Officials have not yet issued any reports of damage.
The US Pacific Tsunami Warning Centre was also checking for more information from people in the remote area struck by the quake.
No tsunami warning was issued, and earlier concerns about a possible threat had passed, the centre said.
"Minor seal level fluctuation may occur in some coastal areas near the earthquake over the next few hours."
The continued demand for real estate in the emirate will support its macroeconomic development
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