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Mastercard's Global Destination Cities, Monster Salary Index, and more

Phuket is the most popular destination for Chinese tourists, with a growth rate of 56.1 per cent in the last eight years

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Business Standard
Global travel destinations

 In a world of rising nationalism, international travel takes on greater importance — breaking down barriers, broadening horizons and driving economic impact. Mastercard’s Global Destination Cities Index for this year shows Asia Pacific destinations continue to dominate travelers list. Five Asia Pacific cities — Bangkok, Singapore, Kuala Lumpur, Tokyo and Seoul — make up half of the top 10 destinations. With roughly 20 million international overnight visitors in 2017, Bangkok remains in the top spot this year. Visitors tend to stay in Bangkok 4.7 nights and spend $173 per day, on average. Tourists from China continue to top the list of origin countries for travel to Asia Pacific. Southeast Asian cities, such as Bangkok, Singapore, Kuala Lumpur, Phuket, Pattaya, and Bali are fast becoming must-visit destinations for Chinese tourists.  Phuket is the most popular destination for Chinese tourists, with a growth rate of 56.1 per cent in the last eight years (2009 – 2017).
 
Salary index
 
According to the Monster Salary Index (MSI) report at Rs230.9 per hour, the manufacturing is the only sector amongst the eight captured in MSI to see a notable increase (9 per cent) in median gross hourly salary. The median gross salary in the manufacturing sector in 2017 at Rs230.9 per hour is 5.2 per cent more than the overall median gross salary of India which is Rs219.4 per hour. In 2017, manufacturing has also been the second highest-earning sector in India and with the exception of the IT sector, manufacturing also remains the only other sector that paid median gross salary of above Rs200 per hour threshold. The report states that IT sector paid median wage at Rs 317.6 per hour, the highest among all monitored sectors, but 17.8 per cent less than the last year. This is one of the reasons why more than half (51 per cent) were not satisfied with their jobs.