Premise: Singapore ( [ ˈsɪŋgəpɔr ] ) , officially the Republic of Singapore , sometimes referred to as the Lion City , the Garden City or the Little Red Dot , is a sovereign city-state in Southeast Asia . It lies one degree ( 137 km ) north of the equator , at the southern tip of peninsular Malaysia , with Indonesia 's Riau Islands to the south . Singapore 's territory consists of one main island along with 62 other islets . Its standings include : the most `` technology-ready '' nation ( WEF ) , top International-meetings city ( UIA ) , city with `` best investment potential '' ( BERI ) , second-most competitive country , third-largest foreign exchange market , third-largest financial centre , third-largest oil refining and trading centre , and the second-busiest container port . The country has also been identified as a tax haven .
Hypothesis: Singapore is a location.
Label: ENTAILMENT