T-Mobile nixes Windows Phone 7.8 update for Lumia 710



Lumia 710 owners won't get a shot of Windows Phone 7.8 from T-Mobile.

Lumia 710 owners won't get a shot of Windows Phone 7.8 from T-Mobile.



(Credit:
T-Mobile)


Owners of Nokia's Lumia 710 who expected an update to Windows Phone 7.8 are out of luck.


The phone's sole U.S. carrier, T-Mobile, confirmed the news in a statement sent to CNET today:


At this time, the Nokia Lumia 710 will not receive the Windows Phone 7.8 software update. T-Mobile is committed to enhancing customers' experience with our devices, including providing upgrades to the latest operating systems, and T-Mobile aims to deliver software upgrades when it will provide a better experience for our customers. We'll share additional information on upgrades for the Nokia Lumia 710 when they are available.

T-Mobile didn't reveal any reason why the Lumia 710 is off the update list or if the decision is final. The statement used the phrase "at this time," dangling a carrot stick that the update may arrive in the future. But owners of the phone probably shouldn't hold their breath.



This leaves the Lumia 710 stuck at
Windows Phone 7.5 since an upgrade to Windows Phone 8 isn't possible for older Windows Phone devices.


Microsoft designed Windows Phone 7.8 for those older devices to offer certain features available only in Windows Phone 8. The company revealed last November that the update would begin rolling out for a host of phones early this year. Other
Nokia Lumia smartphones have already started to receive
Windows 7.8.

Nokia revealed a week ago that the update had kicked off for the Lumia 510, 610, 800, and 900. The company did include the 710 on the list as well. But ultimately, such updates are driven by the carrier, not by the manufacturer. Nokia even said that Windows Phone 7.8 would roll out to "owners with an unlocked phone or operator approved software during February."

Adventuresome Lumia 710 users can manually update to Windows Phone 7.8 via a hack posted on the XDA Developers forum. But those who try will want to proceed cautiously.

(Via TmoNews)

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Boy Scouts leaders make announcement on gay ban

Updated at 11:07 a.m. ET

IRVING, Texas The Boy Scouts of America put off a decision Wednesday on whether to lift its ban on gay members and leaders, saying the question will be taken up at the organization's national meeting in May.

"After careful consideration and extensive dialogue within the Scouting family, along with comments from those outside the organization, the volunteer officers of the Boy Scouts of America's National Executive Board concluded that due to the complexity of this issue, the organization needs time for a more deliberate review of its membership policy," Deron Smith, the BSA director of public relations, said in a statement.

Smith said the organization's national executive board will prepare a resolution for the 1,400 voting members of the national council to consider. The annual meeting will take place in May 2013 in Grapevine, Texas.

BSA announced last week it was considering allowing troops to decide whether to allow gay membership. That news has placed a spotlight on executive board meetings that began Monday in Irving, Texas, where scouting headquarters is located.

Smith said last week that the board could take a vote Wednesday or decide to discuss the policy, but that the organization would issue a statement either way. Otherwise, the board has remained silent, with reporters barred from the hotel where its meetings are taking place.

At nearby BSA headquarters, a handful of Scouts and leaders delivered petitions Monday in support of letting gay members join. The conservative group Texas Values, meanwhile, had organized a Wednesday morning prayer vigil urging the Scouts to keep their policy the same.




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Obama on women in combat, gay Boy Scouts



President Obama, an opponent of the policy, and Texas Gov. Rick Perry, an Eagle Scout who supports it, both have weighed in.

"My attitude is that gays and lesbians should have access and opportunity the same way everybody else does in every institution and walk of life," said Mr. Obama, who as U.S. president is the honorary president of BSA, in a Sunday interview with CBS News.

Perry, the author of the book "On My Honor: Why the American Values of the Boy Scouts Are Worth Fighting For," said in a speech Saturday that "to have popular culture impact 100 years of their standards is inappropriate."

The board faces several choices, none of which is likely to quell controversy. Standing pat would go against the public wishes of two high-profile board members — Ernst & Young CEO James Turley and AT&T Inc. CEO Randall Stephenson — who run companies with nondiscrimination policies and have said they would work from within to change the Scouts' policy.

Conservatives have warned of mass defections if Scouting allows gay membership to be determined by troops. Local and regional leaders, as well as the leadership of churches that sponsor troops, would be forced to consider their own policies. And policy opponents who delivered four boxes of signatures to BSA headquarters Monday said they wouldn't be satisfied by only a partial acceptance of gay scouts and leaders.

"We don't want to see Scouting gerrymandered into blue and red districts," said Brad Hankins, campaign director of Scouts for Equality.

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US Postal Service to End Saturday Mail Delivery





Feb 6, 2013 8:28am


gty us postal service lpl 130206 wblog U.S. Postal Service to End Saturday Mail Delivery

                                              (Image Credit: Victor J. Blue/Bloomberg via Getty Images)


Weekend mail delivery is about to come to an end.


The U.S. Postal Service will stop delivering mail on Saturdays, but will continue to deliver packages six days a week, the USPS announced at a news conference this morning.


While post offices that open on Saturdays will continue to do so, the initiative, which is expected to begin the week of August 5, will save an estimated $2 billion annually. The USPS had a $15.9 billion loss in financial year 2012.


“America’s mailing habits are changing and so are their shipping habits,” Postmaster General Patrick Donahoe said. “People will say this is a responsible decision. It makes common sense.”


The service reduction is the latest of Postal Service steps to cut costs as the independent agency of the U.S. government struggles with its finances.


To close its budget gap and reduce debt, it needs to generate $20 billion in cost reductions.


USPS officials have pushed for eliminating mail and package delivery on Saturdays for the past few years, but recent data showing growth in package delivery, which is up by 14 percent since 2010, and projected additional growth in the coming decade made them revise their decision to continue package delivery only.


Saturday mail delivery to P.O. boxes will also continue.


Research by the post office and major news organizations indicated that 7 out of 10 Americans support switching to five-day service.


Since 2006, the Postal Service has reduced annual costs by $15 billion, cut the career force by 28 percent and consolidated 200 mail-processing locations.


The USPS announced in May it was cutting back on the number of operating hours instead of shuttering 3,700 rural post offices. The move, which reduced hours of operation at 13,000 rural post offices from an eight-hour day to between two and six hours a day, was made with the aim of saving about $500 million per year.


The cutback in hours last year resulted in 9,000 full-time postal employees’ being reduced to part time plus the loss of their benefits, while another 4,000 full-time employees became part time but kept their benefits.



SHOWS: Good Morning America







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Tunisia protests after government critic shot dead


TUNIS (Reuters) - A Tunisian opposition politician was shot dead on Wednesday, sending protesters onto the streets of cities nationwide two years after the uprisings that swept Tunisia's president from power and inflamed the Arab world.


The headquarters of the moderate Islamist Ennahda party, which rules in a fractious coalition with secularists, was set ablaze after Chokri Belaid, an outspoken critic of the government, was gunned down outside his home in the capital.


Prime Minister Hamadi Jebali, who said the identity of the attacker was not known, condemned Belaid's killing as a political assassination and a strike against the "Arab Spring" revolution. Ennahda denied any involvement by the part.


Despite calls for calm from the president, 8,000 protesters, massed outside the Interior Ministry, calling for the fall of the government, and thousands more demonstrated in cities including Mahdia, Sousse, Monastir and Sidi Bouzid, the cradle of the revolution, where police fired teargas and warning shots.


"This is a black day in the history of modern Tunisia ... Today we say to the Islamists, 'get out' ... enough is enough," said Souad, a 40-year-old teacher outside the Interior Ministry in Tunis. "Tunisia will sink in the blood if you stay in power."


The small North African state was the first Arab country to oust its leader and hold free elections as uprisings spread around the region, leading to the ousting of the rulers of Egypt, Yemen and Libya and to the civil war in Syria.


But like in Egypt, many who campaigned for freedom from repression under autocratic rulers and better prospects for their future now feel their revolutions have been hijacked by Islamists they accuse of clamping down on personal freedoms, with no sign of new jobs or improvements in infrastructure.


HARDSHIP


Since the uprising, the government has faced a string of protests over economic hardship and Tunisia's future path, with many complaining hardline Salafists were taking over the revolution in the former French colony dominated previously by a secular elite under the dictatorship of Zine al-Abidine Ben Ali.


Last year, Salafist groups prevented several concerts and plays from taking place in Tunisian cities, saying they violated Islamic principles, worrying the secular-minded among the 11 million Tunisians, who fear freedom of expression is in danger.


Declining trade with the crisis-hit euro zone has also left Tunisians struggling to achieve the better living standards many had hoped for following Ben Ali's departure. Any further signs of unrest could scare off tourists vital to an industry only just recovering from the revolution.


"More than 4,000 are protesting now, burning tires and throwing stones at the police," Mehdi Horchani, a Sidi Bouzid resident, told Reuters. "There is great anger."


Jobless graduate Mohamed Bouazizi set himself on fire in December 2010 in the city, 300 km (180 miles) southwest of Tunis, after police confiscated his unlicensed fruit cart, triggering the "Jasmine Revolution" that forced Ben Ali to flee to Saudi Arabia less than a month later, on January 14, 2011.


President Moncef Marzouki, who last month warned the tension between secularists and Islamists might lead to "civil war", canceled a visit to Egypt scheduled for Thursday and cut short a trip to France, where he addressed the European Parliament.


"We will continue to fight the enemies of the revolution," the secularist leader told European Union lawmakers in Strasbourg.


Belaid, who died in hospital, was a leading member of the opposition Popular Front party. A lawyer and human rights activist, he had been a constant critic of the government, accusing it of being a puppet of the rulers in the small but wealthy Gulf state of Qatar, which Tunisia denies.


"Chokri Belaid was killed today by four bullets to the head and chest," Ziad Lakhader, a leader of the Popular Front, told Reuters. "Doctors told us that he has died. This is a sad day for Tunisia."


DENIES INVOLVEMENT


Ennahda Prime Minister Jebali said the killers wanted to "silence his voice".


"The murder of Belaid is a political assassination and the assassination of the Tunisian revolution," he said.


Party President Rached Ghannouchi denied any involvement in the killing. Belaid said earlier this week that dozens of people close to the government attacked a meeting of his party.


"Is it possible that the ruling party could carry out this assassination when it would disrupt investment and tourism?" Ghannouchi told Reuters.


He blamed those seeking to derail Tunisia's democratic transition after a 2011 uprising. "Tunisia today is in the biggest political stalemate since the revolution. We should be quiet and not fall into a spiral of violence. We need unity more than ever," Ghannouchi said.


He accused secular opponents of stirring up sentiment against his party following Belaid's death. "The result is burning and attacking the headquarters of our party in many areas," he said.


French President Francois Hollande condemned the shooting, saying he was concerned by the rise of violence in Paris's former dominion, where the government says al Qaeda-linked militants linked to those in neighboring countries have been accumulating weapons with the aim of creating an Islamic state.


"This murder deprives Tunisia of one of its most courageous and free voices," Hollande's office said in a statement.


Riccardo Fabiani, Eurasia analyst on Tunisia, described it as a "major failure for Tunisian politics".


"The question is now what is Ennahda going to do and what are its allies going to do?" he said. "They could be forced to withdraw from the government which would lead to a major crisis in the transition."


Marzouki warned last month that the conflict between Islamists and secularists could lead to civil war and called for a national dialogue that included all political groupings.


Ennahda won 42 percent of seats in a parliamentary election in 2011 and formed a government in coalition with two secular parties, the Congress for the Republic, to which President Marzouki belongs, and Ettakatol.


Marzouki's party threatened on Sunday to withdraw from the government unless it dropped two Islamist ministers.


(Additional reporting by John Irish in Paris; Writing by Alison Williams; Editing by Alastair Macdonald)



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Govt to assess effectiveness of early travel discount scheme






SINGAPORE: Three to four per cent of MRT commuters have moved their travelling times into the Central Business District out of the peak 8am to 9am period since the SMRT implemented its Early Travel Discount Scheme.

In Parliament on Wednesday, Minister of State for Transport Josephine Teo said the scheme was enhanced from 10 cents to 30 cents in October 2011, and then to 50 cents last August when the scheme was extended to include the Circle Line.

Mrs Teo was replying to MP for Pasir Ris-Punggol GRC, Gan Thiam Poh had asked if the scheme could be extended to other stations with high human traffic, other lines and travel during other non-peak hours.

She said: "We should bear in mind that travel behaviours take time to change because commuters and employers need time to accommodate new travel and work arrangements. Accordingly, travel patterns cannot be expected to shift so rapidly. Therefore, we will continue to monitor and assess the effectiveness of the early travel discount scheme for a period of time before deciding whether to make further changes."

Mrs Teo thanked Mr Gan for his suggestions to enhance the scheme and assured him that the ministry will consider them for the next review of the scheme.

- CNA/fa



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Baumgartner's supersonic freefall: Faster than you thought



Felix Baumgartner

Felix Baumgartner in the hatch of his balloon-hoisted capsule, 24 miles above the Earth.



(Credit:
Red Bull Stratos)


The wheels of bureaucracy do not turn at a supersonic rate.


It's been nearly five months since Felix Baumgartner traveled many, many miles into the sky in order to come hurtling back down to Earth in a freefall faster than the speed of sound. Judging by the data released by his backers at Red Bull Stratos, his jump was a breathtaking success. It was certainly thrilling to watch.


But it's not yet a world record (or as Baumgartner's group expects, several world records). For that, we're all still waiting for validation of the data by the Federation Aeronautique Internationale, the nonprofit, nongovernmental organization that regulates air sporting events and certifies record claims for aviation and aerospace achievements.


The certification for Baumgartner's jump from his balloon-slung capsule may now be a little closer. Red Bull Stratos this morning released what it says is the final data from the October 14 freefall.


The numbers didn't change a whole heck of a lot from the preliminary findings. Red Bull Stratos now says that the maximum vertical speed was 843.6 mph, or Mach 1.25, ever so slightly faster than the earlier reported 833.9 mph, or Mach 1.24. The jump altitude, meanwhile, wasn't quite so high as earlier thought -- it now stands at 127,852.4 feet, down less than the length of a football field from the previous estimate of 128,100 feet. Either way, it still rounds out to a dizzying 24 miles up.


The distance of the vertical freefall portion (just over 4 minutes) of the overall descent (just over 9 minutes) was shortened a tad to 119,431.1 feet. The earlier estimate had been 119,846 feet.




And in case you were wondering what it feels like to go supersonic, here are some vital stats and other data tidbits from the October skydive by the 43-year-old Baumgartner:


  • His heartbeat reached a maximum of 185 beats per minute (bpm) when he exited the capsule and ranged from 155 to 175 bpm during freefall -- 169 bpm when he hit Mach 1.25. (I think my heartbeat was higher just watching the you-are-there video stream. My palms were surely sweatier.) That compares with Baumgartner's heartbeat of 40 to 100 bmp during the "pre-launch oxygen pre-breathe."

  • His respiratory rate hit a maximum of 30 to 43 breaths per minute during the freefall.

  • He experienced 25.2 seconds of absolute weightlessness during the initial stage of his freefall.

  • He was in a "flat spin" for about 13 seconds during a stretch of turning and spinning that reached a maximum rate of 60 revolutions per minute.

  • The G meter on Baumgartner's wrist never experienced the 6 continuous seconds at 3.5 G that would have triggered deployment of his stabilization parachute. His cranial region, "the area of most concern," remained under 2 G for the duration of his spin.

This is one cool character under pressure -- you'd have to be, really, after more than 2,000 skydives, including jumping off the tallest buildings in the world, or into the occasional deep, dark cave. Here's how he described the supersonic freefall, in this morning's Red Bull Stratos statement:



It feels like you are floating into space, and then you pick up speed very fast -- but you don't feel the air because the air density is so low. For almost 35 seconds I couldn't sense the air around me because basically there was none. That kind of helpless feeling is annoying as a professional skydiver. And then when you finally enter a thicker air layer you have to keep yourself completely symmetrical because otherwise you start spinning, which is what happened to me.

So when can Fearless Felix expect the official word on whether, as expected, he set his world records? I put that question this morning to the FAI (which does have the preliminary data on record), and got back only the most bureaucratic of responses: "Sorry, we didn't received the dossier at this date."


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Ireland admits involvement in Catholic laundry slavery

DUBLIN Ireland has admitted some responsibility for workhouses run by Catholic nuns that once kept thousands of women and teenage girls against their will in unpaid, forced labor.



The apology comes after an expert panel found that Ireland should be legally responsible for the defunct Magdalene Laundries because authorities committed about one-quarter of the 10,012 women to the workhouses from 1922 to 1996, often in response to school truancy or homelessness.



"To those residents who went through the Magdalene Laundries in a variety of ways, 26 percent of the time from state involvement, I am sorry for those people that they lived in that kind of environment," said Prime Minister Enda Kenny on behalf of the Irish government, according to Reuters.


Survivors said they were unsatisfied with the prime minister's response. Steven O'Riordan, spokesperson for Magdalene Survivors Together, told Irish paper The Journal the apology was a "cop out."

Ireland stigmatized those that had been committed as "fallen" women - prostitutes - but most were simply unwed mothers or daughters of them.

The report found that 15 percent lived in the workhouses for more than five years, and police caught and returned women who fled. They endured 12-hour work days of washing and ironing.

The state apology could pave the way for payments to survivors.

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Boy Rescued in Ala. Standoff 'Laughing, Joking'













The 5-year-old boy held hostage in a nearly week-long standoff in Alabama is in good spirits and apparently unharmed after being reunited with his family at a hospital, according to his family and law enforcement officials.


The boy, identified only as Ethan, was rescued by the FBI Monday afternoon after they rushed the underground bunker where suspect Jimmy Lee Dykes, 65, was holding him. Dykes was killed in the raid and the boy was taken away from the bunker in an ambulance.


Ethan's thrilled relatives told "Good Morning America" today that he seemed "normal as a child could be" after what he went through and has been happily playing with his toy dinosaur.


"He's happy to be home," Ethan's great uncle Berlin Enfinger told "GMA." "He's very excited and he looks good."


Who Is Jimmy Lee Dykes?


"If I could, I would do cartwheels all the way down the road," Ethan's aunt Debra Cook said. "I was ecstatic. Everything just seemed like it was so much clearer. You know, we had all been walking around in a fog and everyone was just excited. There's no words to put how we felt and how relieved we were."


Cook said that Ethan has not yet told them anything about what happened in the bunker and they know very little about Dykes.










Ala. Hostage Standoff Over: Kidnapper Dead, Child Safe Watch Video









Alabama Hostage Standoff: Jimmy Lee Dykes Dead Watch Video





What the family does know is that they are overjoyed to have their "little buddy" back.


"He's a special child, 90 miles per hour all the time," Cook said. "[He's] a very, very loving child. When he walks in the room, he just lights it up."


Officials have remained tight-lipped about the raid, citing the ongoing investigation.


"I've been to the hospital," FBI Special Agent Steve Richardson told reporters Monday night. "I visited with Ethan. He is doing fine. He's laughing, joking, playing, eating, the things that you would expect a normal 5- to 6-year-old young man to do. He's very brave, he's very lucky, and the success story is that he's out safe and doing great."


Ethan is expected to be released from the hospital later today and head home where he will be greeted by birthday cards from his friends at school. Ethan will celebrate his 6th birthday Wednesday.


Officials were able to insert a high-tech camera into the 6-by-8-foot bunker to monitor Dykes' movements, and they became increasingly concerned that he might act out, a law enforcement source with direct knowledge told ABC News Monday. FBI special agents were positioned near the entrance of the bunker and used two explosions to gain entry at the door and neutralize Dykes.


"Within the past 24 hours, negotiations deteriorated and Mr. Dykes was observed holding a gun," the FBI's Richardson said. "At this point, the FBI agents, fearing the child was in imminent danger, entered the bunker and rescued the child."


Richardson said it "got tough to negotiate and communicate" with Dykes, but declined to give any specifics.


After the raid was complete, FBI bomb technicians checked the property for improvised explosive devices, the FBI said in a written statement Monday afternoon.


The FBI had created a mock bunker near the site and had been using it to train agents for different scenarios to get Ethan out, sources told ABC News.


Former FBI special agent and ABC News consultant Brad Garrett said rescue operators in this case had a delicate balance.


"You have to take into consideration if you're going to go in that room and go after Mr. Dykes, you have to be extremely careful because any sort of device you might use against him, could obviously harm Ethan because he's right there," he said.






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Iran's Ahmadinejad in Egypt on historic visit


CAIRO (Reuters) - Mahmoud Ahmadinejad arrived in Egypt on Tuesday on the first trip by an Iranian president since the 1979 revolution, underlining a thaw in relations since Egyptians elected an Islamist head of state.


President Mohamed Mursi, the Muslim Brotherhood politician elected in June, kissed Ahmadinejad as he disembarked from his plane at Cairo airport. The leaders walked down a red carpet, Ahmadinejad smiling as he shook hands with waiting dignitaries.


Visiting Cairo to attend an Islamic summit that begins on Wednesday, the president of the Shi'ite Islamist republic is due to meet later on Tuesday with the grand sheikh of al-Azhar, one of the oldest seats of learning in the Sunni world.


Such a visit would have been unthinkable during the rule of Hosni Mubarak, the military-backed autocrat who preserved Egypt's peace treaty with Israel during his 30 years in power and deepened ties between Cairo and the West.


"The political geography of the region will change if Iran and Egypt take a unified position on the Palestinian question," Ahmadinejad said in an interview with Al Mayadeen, a Beirut-based TV station, on the eve of his visit.


He said he wanted to visit the Gaza Strip, the Palestinian territory which neighbors Egypt to the east and is run by the Islamist movement Hamas. "If they allow it, I would go to Gaza to visit the people," Ahmadinejad said.


Analysts doubt that the historic changes that brought Mursi to power in Egypt will result in a full restoration of diplomatic ties between states whose relations were broken off after the Iranian revolution and the conclusion of Egypt's peace treaty with Israel in 1979.


OBSTACLES TO FULL TIES


At the airport the two leaders discussed ways of boosting relations between their countries and resolving the Syrian crisis "without resorting to military intervention", Egyptian state media reported.


Egypt is concerned by Iran's support for Syrian President Bashar al-Assad, who is trying to crush an uprising inspired by the revolt that swept Mubarak from power two years ago. Egypt's overwhelmingly Sunni Muslim population is broadly supportive of the uprising against Assad's Alawite-led administration.


The Mursi administration also wants to safeguard relations with Gulf Arab states that are supporting Cairo's battered state finances and are deeply suspicious of Iran.


Egyptian Foreign Minister Mohamed Kamel Amr reassured Gulf Arab allies that Egypt would not jeopardize their security.


"The security of the Gulf states is the security of Egypt," he told the official MENA news agency, in response to questions about Cairo's opening to Iran and its impact on other states in the region.


Mursi wants to preserve ties with the United States, the source of $1.3 billion in aid each year to the influential Egyptian military.


His government has established close ties with Hamas, a movement backed by Iran and shunned by the West because of its hostility to Israel, but its priority is addressing Egypt's deep economic problems.


"The restoration of full relations with Iran in this period is difficult, despite the warmth in ties ... because of many problems including the Syrian crisis and Cairo's links with the Gulf states, Israel and the United States," said one former Egyptian diplomat.


Speaking to Reuters on the sidelines of preparatory meetings for the two-day Islamic summit, Iranian Foreign Minister Ali Akbar Salehi said he was optimistic that ties could grow closer.


"We are gradually improving. We have to be a little bit patient. I'm very hopeful about the expansion of the bilateral relationship," he said. Asked where he saw room for closer ties, he said: "Trade and economics."


Ahmadinejad's visit to Egypt follows Mursi's visit to Iran in August for a summit of the Non-Aligned Movement.


Sheikh Ahmed al-Tayeb, head of the 1,000-year-old al-Azhar mosque and university, will meet Ahmadinejad at his offices in mediaeval Islamic Cairo, al-Azhar's media office said.


Salehi, the Iranian foreign Minister, stressed the importance of Muslim unity when he met Sheikh al-Tayeb at al-Azhar last month.


Egypt and Iran have taken opposite courses since the late 1970s. Egypt, under Mubarak's predecessor Anwar Sadat, concluded a peace treaty with Israel in 1979 and became a close ally of the United States and Europe. Iran from 1979 turned into a center of opposition to Western influence in the Middle East.


Symbolically, Iran named a street in Tehran after the Islamist who led the 1981 assassination of Sadat.


Egypt gave asylum and a state funeral to Iran's exiled Shah Reza Pahlavi, who was overthrown by the 1979 Iranian revolution. He is buried in a medieval Cairo mosque alongside his ex-brother-in-law, Egypt's last king, Farouk.


(Additional reporting by Ayman Samir and Alexander Diadosz; Editing by Andrew Roche and Paul Taylor)



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FJ Benjamin Holdings posts lower net profit for Q2






SINGAPORE: Singapore-based fashion and lifestyle group, FJ Benjamin Holdings, posted lower net profit for its second quarter ended 31 December 2012.

Its net profit for the quarter fell 72.5 per cent to S$1.3 million from S$4.8 million a year ago mainly due to a decline in sales of luxury timepieces in North Asia, weaker festive spending in Southeast Asia, and higher rentals.

Mr Nash Benjamin, chief executive officer of FJ Benjamin Holdings, said: "It has been a tough quarter with weaker sales in our timepiece business in North Asia as visitors from the PRC continued to cut back in spending on luxury timepieces in Hong Kong and China. This also had, to a lesser extent, an effect on our business in South East Asia. We have also witnessed a fall in foot traffic at major shopping malls in Singapore and Malaysia during the festive season."

Group turnover fell 12 per cent to S$96.9 million, compared to S$109.9 million in the same period last year.

Sales of timepieces dropped 30 per cent to S$28.7 million.

Earnings per share stood at 0.23 cents, down from 0.84 cents last year.

The group plans to scale up its retail network of 191 stores to 211 stores by end June 2013.

Mr Benjamin said: "Looking ahead, we expect business conditions to continue to be challenging although renewed optimism in the Chinese economy at the start of the year may see demand picking up. Management will continue its efforts to drive revenue, keep costs lean and be prudent in managing business risks."

The company said it will launch the first Goyard store in Singapore in the fourth quarter of 2013 at Ngee Ann City, selling luxury brands of luggage and handbags.

- CNA/fa



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