South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Shake Shack, the American fast-casual restaurant chain based in New York City, is coming to Malaysia after the South Korean food giant, SPC Group, signed a deal with the burger chain.
With the new partnership, SPC Group has been granted a license to operate Shake Shack in Malaysia. As per The Korea Times, starting in 2023, the Korean firm will begin running the said burger brand’s restaurants in the country and by the year 2031, it is hoped that the company will have established at least 10 outlets already.
Currently, SPC Group is operating 30 Shake Shack in South Korea and it also owns eight stores in Singapore. The food conglomerate opened its first Shake Shack store in Seoul and it was built in Gangnam District in 2016.
SPC Group confirmed its partnership with the burger chain company for the opening of new locations in Malaysia late last week. On Friday, Jan. 7, it has revealed its plans to put up more Shake Shack in the Asian region.
As UPI News mentioned, this is SPC Group and Shake Shack’s latest contract to expand in Asia. It was also said that the burger joint’s branch in Seoul is one of the most profitable outlets worldwide. Due to its great performance, the Korean firm is expecting to replicate the same success in another land.
In any case, in all of Shake Shack branches in the world, it was revealed that SPC’s outlets are the only one that bakes their own hamburger buns. Rather than importing them from the restaurant’s supply chain, locations owned by SPC make the buns in-house instead of importing them through the Shake Shack supply chain.
"SPC and Shake Shack have maintained a long-lasting partnership, launching 28 branches in Korea and Singapore,” Hur Hee Soo, SPC Group’s vice president, said in a statement. “We will keep collaborating across the board."
SPC is also planning to build more Shake Shack in South Korea so it will have several new stores in different countries this year. The burger chain also announced via social media that it is coming to Malaysia soon.
“BIG NEWS! Shake Shack Malaysia is officially in the works,” the company tweeted. “Mark your calendars as the first Shack in Malaysia arrives in 2023. We are grateful for the opportunity to join the local communities and connect with our fans around the globe.
