Singapore is an island country in Southeast Asia. The country is located at the southern tip of the Malay Peninsula, facing Indonesia across the Singapore Strait in the south and Malaysia across the Johor Strait in the north. Singapore and Malaysia are connected by two long dikes. Singapore is one of the richest countries in the world and a newly developed country. Its economic model is called "state capitalism" and it is famous for its stable political situation and clean and efficient government. Singapore is one of the most important financial, service and shipping centers in Asia. According to the ranking of the Global Financial Center Index, Singapore is the fourth largest financial center in the world after new york, London and Hongkong. Singapore is also the fourth richest region in East Asia, second only to Hong Kong, Japan and South Korea. Singapore has made great achievements in urban cleanliness, so it has the reputation of "garden city".