Panay is an island in the central part of the Philippines, known for its rich cultural heritage and natural beauty. It is part of the Visayas region and is surrounded by the Sulu Sea and Panay Gulf. The island is home to several provinces, including Iloilo and Capiz, and features diverse landscapes, from mountains to beaches. The island's economy is primarily based on agriculture, with rice, sugarcane, and seafood being significant products. Panay is also famous for its festivals, such as the Dinagyang Festival in Iloilo City, which celebrates the local culture and history through vibrant parades and performances.