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Thailand Warns 10% of Foreign Arrivals Used Fake TDAC Sites

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Thailand Warns 10% of Foreign Arrivals Used Fake TDAC Sites

Thailand’s Immigration Bureau reports that 10% of foreign travelers have mistakenly registered through fraudulent Thailand Digital Arrival Card (TDAC) websites, urging the public to use only the official free platform to avoid scams and data misuse.

Key Details:

  • The TDAC system, mandatory since May 1, 2025, is required for all foreign nationals and mirrors similar systems in South Korea, Japan, and Singapore.
  • Official registration is free and accessible only via https://tdac.immigration.go.th or through the Immigration Bureau’s main site using QR codes or approved links.
  • Authorities recommend registering three days before arrival to ensure screening and reduce checkpoint delays; confirmation is sent via email.
  • Fraudulent sites often charge fees, collect data under false pretenses (e.g., e-visa applications), and do not connect to Thailand’s official immigration system.
  • The Immigration Bureau is collaborating with agencies and airlines to shut down fake sites and educate travelers, though enforcement is complicated by overseas hosting.

Why It Matters:
Using fake TDAC sites risks financial loss and compromised personal data — travelers must verify they’re using the official, free platform to ensure smooth and secure entry into Thailand.

Thailand Digital Arrival Card (TDAC) When you travel to a new country, you often need to fill out an arrival form — think of it like a digital “check-in” that tells the government who you are and why you’re visiting. Thailand created an official, free online system called the TDAC to make this easy. It’s like checking in for a flight online, but for entering the country.

Fraudulent Websites Some dishonest people created fake websites that look like the official TDAC site. Imagine a fake McDonald’s website that looks identical to the real one, but charges you money for a coupon that doesn’t exist — that’s the idea here. These fake sites trick travelers into thinking they’re using the official government service.

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The 10% Problem The Immigration Bureau found that 1 in 10 foreign visitors accidentally used one of these fake sites instead of the real one. That’s a significant number — for 1 million tourists visit, that’s 100,000 people potentially scammed.

Two Main Risks

  • 💸 Getting charged money — The real TDAC is free. Fake sites charge a fee for something that should cost nothing, essentially stealing money from unsuspecting travelers.
  • 🔓 Data misuse — When you fill out an arrival card, you share sensitive personal details (passport number, address, travel plans). Fake sites collect this data and could sell it, use it for identity theft, or other fraud. Think of it like handing your passport to a stranger on the street instead of the border officer.

The key takeaway: Always go directly to the official government website for immigration forms — don’t trust links from random emails, ads, or third-party travel sites. When in doubt, search for the official .go.th (Thailand government) domain.

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Aluminum Prices Could Reach $4,000 Amid Strait of Hormuz Bottleneck

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Aluminum Prices Could Reach $4,000 Amid Strait of Hormuz Bottleneck

Aluminum—used in everything from Ford F-150 trucks to soda cans—hasn’t risen in price as much as crude oil, liquefied natural gas or fertilizer since the Middle East conflict began.

Some industry experts warn aluminum’s rally is far from done.

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Bitcoin retreats to $73K, but ETF inflows and shrinking exchange reserves keep bulls hopeful

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Bitcoin retreats to $73K, but ETF inflows and shrinking exchange reserves keep bulls hopeful
Bitcoin retreated to the $73,000 mark, while the ETF inflows and shrinking exchange reserves supported broader market structure. The cryptocurrency was trading at $73,404 mark.

In the past 24 hours, Bitcoin and Ethereum were up 0.1% and 0.4% respectively. Among the major altcoins, BNB, XRP, Solana, Dogecoin, Hyperliquid and Cardano gained up to 6% whereas Tron went down nearly 2%.

Also Read | Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC

Piyush Walke, Derivatives Research Analyst, Delta Exchange said institutional appetite for Bitcoin exposure appears to be cooling, with US-listed spot Bitcoin ETFs posting their longest run of net outflows since launch.

“After briefly touching $83,000 in May, Bitcoin failed to maintain momentum and quickly lost strength. The rejection created a bull trap, where buyers entered expecting a breakout only for the market to reverse sharply lower.”

Bitcoin turned bearish on the daily chart after losing the $74,800 support, validating a lower-high, lower-low structure and Ethereum is trading under pressure around $2,000 following the loss of support at $2,040–$2,050, Walke said.
The global crypto market capitalisation went up 0.09% to $2.48 trillion, according to CoinMarketCap.
In the past week, Bitcoin fell 1% and Ethereum was up 0.1%. Among the major altcoins, BNB, XRP, Solana, Dogecoin, Hyperliquid gained upto 20.11% whereas Tron and Cardano were down 5% and 1% respectively.
WazirX market’s desk said Bitcoin moved lower through the week, easing from around $77,004 to nearly $73,091, while holding the key $73,000 to $75,000 support zone. Although short-term technicals remained cautious, ETF inflows, long-term holder accumulation, and falling exchange reserves supported Bitcoin’s broader market structure.

Also Read | Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap

It further said that Ethereum also faced pressure, slipping from around $2,096 to nearly $1,998. However, its long-term narrative was strengthened through scaling developments, clear signing, proposed native private transactions, and record-high staked ETH, reflecting confidence in Ethereum’s proof-of-stake ecosystem.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.

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Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap

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Nearing retirement and invested mostly in FDs? Expert shares diversification roadmap
As retirement approaches, many investors begin reviewing their financial plans to ensure their savings can generate enough income while also keeping pace with rising living costs. Fixed deposits have traditionally been a preferred investment option for conservative investors because they offer stability and capital protection. However, with inflation gradually eroding purchasing power, many pre-retirees wonder whether adding equity exposure to their portfolio can help improve long-term returns without taking excessive risk.

A similar query came from Jagruti who is nearing retirement and has mostly invested in fixed deposits and sought advice on whether it was too late to diversify beyond fixed deposits and include equities in her investment portfolio.

Also Read | Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC

Responding to the query, Harshvardhan Roongta said it is never too late to revisit an investment strategy. According to him, investors should not view their past decisions negatively because they were made based on the knowledge and information available at that time.

He explained that the real mistake is not a lack of awareness in the past, but failing to act after becoming aware of alternative investment options.

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Roongta noted that every investment product has its own advantages and limitations, which is precisely why diversification becomes important. Fixed deposits, for instance, are primarily capital-preservation tools. Investors who place money with a well-established bank are unlikely to face significant capital loss. However, fixed deposits often struggle to generate returns that comfortably outpace inflation, particularly after taxes.
On the other hand, equity investments can be volatile and do not offer any guarantee of capital protection. However, over longer periods, equities have historically delivered returns that have the potential to beat inflation and create real wealth.
According to Roongta, a well-diversified portfolio combines both growth-oriented and capital-preserving assets. While debt instruments such as fixed deposits help protect capital and provide stability, equities can offer growth potential that helps investors maintain purchasing power over the long term.
He emphasised that there is no universal formula for deciding how much equity an investor should hold. Two investors of the same age could have very different asset allocations depending on their financial goals, income sources, risk tolerance, and overall financial situation.

For example, one retiree may feel comfortable with 20% exposure to equities and 80% in debt-oriented investments, while another may choose the opposite allocation because of different financial needs and risk appetite.

Roongta said the ideal asset allocation should be determined after evaluating an investor’s objectives, future cash-flow requirements, and comfort with market volatility. The goal is to strike a balance between generating inflation-beating returns and maintaining a level of risk that the investor can comfortably handle.

Also Read | Should senior citizens continue investing in equity mutual funds after retirement? Expert explains

He also suggested consulting a SEBI-registered investment adviser to create a customised financial plan. Such advisers can help investors assess their risk profile and determine the appropriate allocation across equities, debt, gold, silver, and other asset classes.

According to Roongta, a professional review can help ensure that an investor’s portfolio remains aligned with retirement goals while also providing the diversification needed to navigate changing market conditions over the long term.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.

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11 equity mutual funds offer over 10% in May. Have you invested in any for your portfolio?

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Around 11 equity mutual funds delivered over 10% returns in May, led by international and technology-focused funds such as Mirae Asset AI ETF FoF, Nippon India Taiwan Equity Fund and Edelweiss US Tech Fund.

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Mahindra Manulife Mutual Fund announces launch of its SIF platform MPOWER

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Mahindra Manulife Mutual Fund announces launch of its SIF platform MPOWER
Mahindra Manulife Mutual Fund announced the launch of ‘MPOWER SIF’ marking its entry into SEBI’s newly notified investment product called Specialized Investment Fund and reinforcing its commitment to bringing differentiated investment solutions to investors.

With MPOWER SIF, Mahindra Manulife Mutual Fund aims to address the evolving needs of investors, who are looking to complement their existing mutual funds with products that use derivatives and other tools to create different risk return outcomes.

Also Read | Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC

The fund house aims to provide a client experience that seeks to meet the investors aspiration, whilst remaining true to the core premise of creating investment outcomes that are consistent and meaningful.

“The launch of MPOWER SIF is a significant step forward in expanding our product suite. As investors and their goals and aspirations evolve over time, there is a clear requirement for investment solutions that offer greater flexibility and use the entire range of tools available to deliver consistent outcomes. This approach is complemented by an investment team with extensive experience anchored by a sound risk management framework,” said Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management.

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Mahindra Manulife Mutual Fund intends to roll out a range of differentiated strategies under MPOWER SIF across equity, hybrid, and fixed income categories, aligned with regulatory guidelines and investor suitability.
“MPOWER SIF gives us the flexibility to design more agile and outcome-oriented portfolios by leveraging a wider investment toolkit. This platform will enable us to combine fundamental research with tactical allocation strategies, with the objective of delivering superior risk-adjusted returns across market cycles. We believe it is well suited for investors seeking a more nuanced approach to portfolio construction,” said Krishna Sanghavi, Chief Investment Officer – Equity, Mahindra Manulife Investment Management.Also Read | Should senior citizens continue investing in equity mutual funds after retirement? Expert explains

The SIF category offers strategies that go beyond conventional Mutual Funds, including long-short approaches, derivatives-based strategies, and more focused portfolio construction, catering to investors seeking a different approach to meeting their investment goals.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.

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