What do i do about my newborns skin peeling?

As Hui Qun mentioned, it's normal for their skin to peel. For my son, I applied moisturizer after every bathtime & massage him with baby oil at night. I use Biolane moisturizer ($20+) and Biolane massage oil ($15-$17), bought I bought at the babyfair as they run good promotions there. Alternatively, they're available at Watsons and Guardians too.