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Green Ocean sets course for S. Korea.

Business Times (Malaysia)

| September 25, 2009 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

Byline: Ooi Tee Ching

GREEN Ocean Corp Bhd, formerly known as Online One Bhd, is banking on the new Korea Food and Drug Administration (KFDA) nutrition guidelines, to push sales of its NoveLin cooking oil that doubles up as salad oil.

From next year, KFDA will tighten laws to promote healthy food manufacturing, lower sugar, sodium and trans fat in children's snacks.

In the last two decades, the prevalence of overweight children and adolescents has increased by 1.5 times. Experts, concerned that childhood obesity rate is faster there than in western countries, called for mandatory nutrition labelling.

Since July 2007, KFDA has required snacks, …

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