The potential change in business direction could be challenging to execute, given that honestbee appears to be on a tight leash in terms of working capital. When BT visited habitat at 34 Boon Leat Terrace on the afternoon of Feb 28, police officers were seen interviewing staff of LHN. Follow the latest news and comprehensive coverage on HONESTBEE at CNA. Out of its 130-strong headcount, it axed around 100 employees. Not really knowing what was really happening made it uncomfortable to work.”. ‘City-killer’: Asteroid the size of the Great Pyramid may hit Earth in 2022, says NASA, Google AR ‘Measure’ app turns Android phones into virtual measuring tapes, Racist remarks on Filipinos stir anger on social media, Sri Lanka blocks social media after Easter Sunday bombings, AFP warns Facebook: ‘Enemies of the state’ using you, The power of two: Renewable energy and natural gas are the cleaner, better combination, DENR probes mining firms in Manila Bay white sand project, Slower internet seen due to 5-day maintenance work, KZ Tandingan taking it one step at a time, Robin Padilla, Mariel Rodriguez, family members contract the flu, DepEd disowns self-learning module using ‘dirty names’, Even without corruption, Manila Bay rehab is not OK during pandemic – Robredo, Ex-Speaker Alvarez joining opposition? Basically, no one saw it coming. “(The office atmosphere) was grim and uneasy. It also reported that the furniture was transported to a warehouse in Genting Lane, which is a new space rented by honestbee from March 1. honestbee creditor Benjamin Lim applies to wind up company A CREDITOR of honestbee, Benjamin Lim Jia-Rong, has filed a court application to wind up the distressed startup, according to a notice filed on the Government Gazette. It is still under court protection from its creditors, to whom it owes about US$230 million (S$319 million), and is currently seeking to pass a scheme of arrangement that will restructure that debt. On 1st April 2019, Taiwan media Dongshen News reports that a mini steamboat restaurant was allegedly owed three months of fees amounting to NT$120,000 (approximately SG$5269).. By signing up, you agree to our Privacy Policy and Terms and Conditions. Honestbee’s lease is supposed to run until September this year, so reasons for the premature closure was unclear. Contact us Out of its 130-strong headcount, it axed around 100 employees. Mr Forbes was previously general manager of habitat and oversaw its early development. It added that while habitat remains closed, the company will take the opportunity to improve its technology infrastructure to enhance customer experience.