SINGAPORE -- The common sight of loud, gas-guzzling Ferraris, Porsches and Lamborghinis zipping around the smoothly-paved roads of wealthy Singapore is set to become a thing of the past.
Finance Minister Heng Swee Keat said Tuesday that Singapore intended to phase out vehicles with internal combustion engines by 2040, making the city-state the first Southeast Asian country to announce a time frame for kicking petrol and diesel-powered cars to the curb.
