Introduction: PT. Bank CIMB Niaga Tbk. is a bank which was founded on September 26, 1955 and is the 5th largest bank in Indonesia based on asset value. The initial purpose of establishing this bank is to build values and professionalism, especially in the banking sector. Method: To achieve this goal, research was carried out with using pure quantitative research and then to process the data used descriptive quantitative research. Secondary data sources in this study from the internet or research from another author. Results: The main reason for the merger between the two banks is due to the rules applied by Bank Indonesia regarding the single presence policy. Rule It states that a party is only allowed to be the owner of shares controllers on one bank only. When any party is affected by the rule, then given three options for restructuring, including: merger or acquisition, transfer shares and the formation of a holding company. Changes due to the merger can have an effect on changes in performance. Performance need evaluated regularly because it is very important to maintain company productivity. Conclusion: From the calculation data above, it can be concluded that the merger process is not always bring positive results. This can be seen from the significant decrease in net profit margin and net income total assets. Many things caused the decline in both parts. One of them occurs due to an increase in operating costs which was delegated to Bank CIMB Niaga after the merger. This condition is due to the addition of the number of ATM machines and the development of technological systems that applied to some access and service features.

Introduction: XL began out its enterprise as a wellknown buying and selling and offerings enterprise on 6 October 1989 beneathneath the call PT Grahametropolitan Lestari. In 1996, XL input the telecommunications quarter after acquiring a GSM 900 running license and formally released GSM offerings. Method: To achieve this goal, research was carried out with using pure quantitative research and then to process the data used descriptive quantitative research. Secondary data sources in this study from the internet or research from another author. Then secondary data is also obtained from previous articles. Secondary data sources from this research are documents from articles, and journals about merger. Results: On December 26, 2013, XL signed an settlement to collect AXIS. Conditional income buy settlement (CSPA) carried out with Saudi Telecom Company (STC) and Teleglobal Investment BV (Teleglobal), that's a subsidiary of STC. XL is stated to be paying the cost the agreed nominal proportion and could pay a part of the debt and obligations AXIS. Conclusion: There is a significant effect of acquisition on the stock market value PT. XL axiata tbk. at three years (12 Quarterly) after the acquisition. XL stock market value axiata tbk. experienced a decrease in the average value, from 44,860,462,622,714.59 to 37,496,902,892,475.75..

Micro, small and medium scale industries are one of the pillars of the Indonesian economy. It is proven that during the pandemic, Indonesia can survive the threat of a recession in 2020, not spared from the contribution of the domestic consumption sector, by also taking advantage of the circular economy. Although the turnover of industries engaged in services has decreased, the company can use the pandemic period to increase the capacity of human resources. In the future when the economy improves, the company is ready to compete fairly in the market. Common problems faced by micro, small and medium scale industries are limited human resource capacity and lack of understanding of business fundamentals. This can be concluded from the stagnant performance of micro business. This research was conducted at Isnen Laboratorium. The purpose of this research is to improve business efficiency performance. At the end of the research period, it is hoped that there will be an overhaul of the 4 business pillars so that Isnen Lab will develop optimally.

Introduction: PT. Bank CIMB Niaga Tbk. is a bank which was founded on September 26, 1955 and is the 5th largest bank in Indonesia based on asset value. The initial purpose of establishing this bank is to build values and professionalism, especially in the banking sector. Method: To achieve this goal, research was carried out with using pure quantitative research and then to process the data used descriptive quantitative research. Secondary data sources in this study from the internet or research from another author. Results: The main reason for the merger between the two banks is due to the rules applied by Bank Indonesia regarding the single presence policy. Rule It states that a party is only allowed to be the owner of shares controllers on one bank only. When any party is affected by the rule, then given three options for restructuring, including: merger or acquisition, transfer shares and the formation of a holding company. Changes due to the merger can have an effect on changes in performance. Performance need evaluated regularly because it is very important to maintain company productivity. Conclusion: From the calculation data above, it can be concluded that the merger process is not always bring positive results. This can be seen from the significant decrease in net profit margin and net income total assets. Many things caused the decline in both parts. One of them occurs due to an increase in operating costs which was delegated to Bank CIMB Niaga after the merger. This condition is due to the addition of the number of ATM machines and the development of technological systems that applied to some access and service features.

Introduction: XL began out its enterprise as a wellknown buying and selling and offerings enterprise on 6 October 1989 beneathneath the call PT Grahametropolitan Lestari. In 1996, XL input the telecommunications quarter after acquiring a GSM 900 running license and formally released GSM offerings. Method: To achieve this goal, research was carried out with using pure quantitative research and then to process the data used descriptive quantitative research. Secondary data sources in this study from the internet or research from another author. Then secondary data is also obtained from previous articles. Secondary data sources from this research are documents from articles, and journals about merger. Results: On December 26, 2013, XL signed an settlement to collect AXIS. Conditional income buy settlement (CSPA) carried out with Saudi Telecom Company (STC) and Teleglobal Investment BV (Teleglobal), that's a subsidiary of STC. XL is stated to be paying the cost the agreed nominal proportion and could pay a part of the debt and obligations AXIS. Conclusion: There is a significant effect of acquisition on the stock market value PT. XL axiata tbk. at three years (12 Quarterly) after the acquisition. XL stock market value axiata tbk. experienced a decrease in the average value, from 44,860,462,622,714.59 to 37,496,902,892,475.75..