Raffles Institution

RI, also known as Raffles Institution, is a prestigious secondary school/junior college in Singapore. It is located near Bishan. It's archnemisis, Hwa Chong Institution, gave it a nickname of Waffles Institution. Hwa Chong Institution also thinks of RI as its archnemisis.

Person 1: Oh, you go to Raffles Institution? That's a really good school!
Person 2: Really? Hwa Chong Institution is so much better!