Choi Jun-ho of Hyungji Elite Receives Minister of Industry Award for Fashion Leadership Hyungji Elite announced on June 10 that its CEO, Choi Jun-ho, was named a Global Leader at the 14th 2026 Korea Global Leader Awards and received the Minister of Industry Award.The Korea Global Leader Awards recognize business leaders who have achieved significant results in various fields through innovation and challenge. At the ceremony held on June 9, Choi was honored for his contributions to national development through industrial innovation, talent discovery, and job creation, earning both t June 10, 2026

Korean Government to Revise Safety Management System for Demolition Projects The South Korean government is set to reassess the safety management system for demolition projects involving social infrastructure (SOC). On June 10, Kim I-tak, First Vice Minister of the Ministry of Land, Infrastructure and Transport, announced during a meeting with heads of participating organizations in the 'Public-Private Joint Task Force for Demolition Safety Management' at the Land Development Exhibition Hall in Seoul that they will work on reviewing and restructuring the safety m June 10, 2026

Jung Jeong-sik Elected as New Floor Leader of People Power Party Jung Jeong-sik, a three-term lawmaker from Tongyeong and Goseong, was elected as the new floor leader of the People Power Party on June 10. As a member of the party's pro-Yoon faction, Jung faces the challenge of leading the party through a period of change and renewal while opposing the large opposition party.In the election held at the National Assembly, Jung secured 55 votes in a runoff against four-term lawmaker Kim Do-eup from Busan, who received 48 votes, out of a total of 103.The floor le June 10, 2026

President Lee to Hold Summit with Belgium and EU, Strengthening Diplomatic Ties President Lee Jae-myung is set to hold a series of summits with Belgium and the European Union (EU) on June 10, 2026. The president is on a European tour coinciding with the G7 summit. He will first meet with Belgian Prime Minister Alexander De Croo in the morning, followed by a meeting with King Philippe. This marks the first meeting between the leaders since Lee took office, with discussions expected to focus on enhancing trade and expanding cooperation with small and medium-sized enterprises. June 10, 2026

Trial Begins for Lee Hwa-young Over Alleged Abuse of Power in North Korea Projects The citizen participation trial for Lee Hwa-young, the former Vice Governor of Peace in Gyeonggi Province, regarding allegations of abuse of power related to North Korean projects, entered its third day on June 10. The 11th Criminal Division of the Suwon District Court, led by Judge Song Byeong-hoon, is set to hear the case from June 10 to June 12. Lee faces three main charges: abuse of power, obstruction of public duty, and violation of the Local Finance Act. Prosecutors allege that t June 10, 2026

BBQ Launches 'AI Hwangol Set' Inspired by Jensen Huang's Visit A limited edition set featuring BBQ menu items popularized during NVIDIA CEO Jensen Huang's visit to South Korea is set to launch. Genesis BBQ Group announced on June 10 that the 'AI Hwangol Set' and 'AI Pitching Set' will be available for two weeks exclusively through the BBQ app. These sets are based on the menu enjoyed by Huang and his Korean partners at BBQ locations and Jamsil Baseball Stadium. On June 5, Huang dined near Hongdae and later visited the BBQ Hongdae location, where June 10, 2026

South Korea Enhances AI and Media Collaboration with Data Sharing The Ministry of Science and ICT and the Broadcasting and Media Commission are strengthening their collaboration in the fields of artificial intelligence (AI) and media. On June 10, the two agencies convened a policy consultation meeting at the Science Advisory Council in Gwanghwamun, Seoul, to discuss strategies for adapting to changes in the digital media landscape in the AI era. Deputy Minister Ryu Je-myung stated, "We are now in an era where it is difficult to explain any field withou June 10, 2026

Korea Trade Insurance Corporation to Double Financial Support for Overseas Operations The Korea Trade Insurance Corporation (K-Sure) is set to more than double its operating capital support for overseas subsidiaries. This move comes as South Korean companies face challenges in managing their foreign operations amid global supply chain disruptions and tariff impacts. On June 10, K-Sure announced that Jang Young-jin, the corporation's president, visited Samdong, a mid-sized manufacturing company in Eumseong, to assess issues related to the operation of overseas subsidiaries a June 10, 2026

Concerns Rise Over Relocation and Costs in First-Generation New Town Redevelopment The redevelopment project for first-generation new towns is gaining momentum, but the atmosphere on the ground is less optimistic than expected. As the government accelerates follow-up procedures for leading districts like Bundang and Ilsan, residents express more concern about relocation and additional cost-sharing burdens than about rising property values. According to the construction industry on June 10, the Ministry of Land, Infrastructure and Transport recently designated eight out June 10, 2026

Kakao Faces First Strike as Labor Dispute Escalates Kakao's labor dispute is showing signs of escalating. Following the company's first-ever strike by its labor union, an additional strike is planned for the 29th, indicating that the gap between management and labor remains wide. On June 10, the Kakao branch of the National Chemical Fiber Food Industry Workers' Union held its first strike rally in front of the Kakao office in Pangyo, Seongnam. The union conducted a four-hour strike from 10 a.m. to 3 p.m. (excluding lunch). Slogans such as June 10, 2026