Straits Times reporter Lim wins financial journalism award

Joyce Lim, a senior correspondent for Straits Times, has won the coveted Special Award in financial journalism at the Sias 20th Investors’ Choice Awards.

Lim discovered a loophole that allowed young Singaporeans to snap up supercars. She found that buyers could get a higher loan if they had registered a company before they bought a car. This resulted in Lim’s publication in Sunday Times piece last month, headlined, “How to Snag a Supercar for $38k.”

The Straits Times editor Warren Fernandez said: “Joyce is one of our most enterprising reporters, with a well-honed knack for spotting a good story, chasing it relentlessly, and telling it in a way that connects with readers. She is a great asset to The Straits Times newsroom, and we are thrilled that her work has been recognized with this special award.”

The Business Times’ senior correspondent Angela Tan won the Financial Journalist of the Year prize while the paper’s deputy news editor Kenneth Lim won the Financial Story of the Year award. Chinese Media Group NewsHub’s associate business editor Hu Yuan Wen won the Investor Education Award while its business correspondent Lai Oi Lai won a Special Award.

SPH chief executive Ng Yat Chung said that the company is honored to be recognized for its commitment to strong corporate governance and board diversity.

He said: “A diverse board brings together a wider range of perspectives and insights for better decisions. Investors are increasingly placing more importance on board diversity as they recognize its contribution to a company’s performance.”

Lim was also named Journalist of the Year at the Singapore Press Holdings (SPH) English and Malay Newspapers Division’s annual awards ceremony in 2014.