PARAW REGATTA. Colorful paraws line the shorelines of Villa beach in Iloilo City during the 2018 Paraw Regatta Festival. The annual sailing competition will have a comeback from March 12-19, 2023 after it was temporarily put on hold during the health pandemic.(PNA file photo by PGLena) ILOILO CITY - Iloilo's Paraw Regatta Festival, one of the main tourist attractions in this city, will return three years after it was temporarily shelved because of the health pandemic. Touted as the largest sailing event in the Philippines and oldest event in Asia, the race course stretches to more or less ...