A GROWING number of international companies, encouraged by Thailand's stabilising economy and strengthening monetary system, are using it as a base to trade with neighbouring Vietnam, Laos and Cambodia.
They were returning to buy Thai property after last year's alarming drop in investments, industry analysts said.
Foreigners were being lured back to Thailand by its recovering economy, a recent stockmarket boom and lower interest rates, they said.
Although at the start of this year it was expected an oversupply would destabilise the market, the economy had adjusted well enough to consolidate, they said.
The local buyers' market was also showing signs of strengthening, they said.
Of the overseas buyers, most of those from Hong Kong who bought residential property were investors, rather than ''end-users''.
