Pricing adjustment 2024 [for IDR Currency only]

  • August 7, 2024 by Tech #1

Dear Valued Customers,

The current inflation has significantly affected our operational expenses such as rental, domain fees, and colocation cost. On top of all that, the exchange rate of IDR to SGD/USD has continued to worsen in the past years. Our last price increase exercised in 2023, which adjusted our exchange rate by IDR 1,000 from IDR 7,000 / 1 SGD to IDR 8,000 / 1 SGD. Currently, the market exchange rate per 1 SGD has reached IDR 12,000 and will be expected to rise even higher in the future.

In light of these circumstances, we face the difficult decision of increasing our service pricing for invoices issued in IDR. The new exchange rate will be adjusted to 1 SGD = IDR 10,000, effective from your next renewal billing cycle. Please note, there will be no pro-rated invoices issued. This new rate remains below the current market exchange rate, and we hope it provides some relief. 

This only apply for shared and reseller hosting customer.

We sincerely apologize for any inconvenience this may cause and deeply appreciate your continued support and understanding.

Kind Regards,

SOSYS.NET