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Business

Lotte erasing border between its Japanese, South Korean units

As Lotte's Japanese and South Korean units put away their family feud, they are set to jointly open a duty-free shop in Bangkok next year.

SEOUL/TOKYO -- The Japanese and South Korean arms of the sprawling Lotte conglomerate are poised to start collaborating. The hope is that by working as one whole group can more successfully expand overseas.

     One project is a duty-free shop in central Bangkok that the two units of the huge group will jointly open in March.

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