ILOILO CITY, Feb. 6 -- Sailing enthusiasts are invited to take part in the 51st Paraw Regatta Festival, a cultural celebration of the oldest traditional craft event in Asia and the largest sailing event in the Philippines, paying tribute to Ilonggos' seafaring skills.

During the media launch Monday, Paraw Sailing Events chair Dr. Roberto Somosa said they have confirmed participants from as far as Boracay Island and some will come from Iloilo coastal towns and Guimaras.

The Iloilo Festivals Foundation Inc. (IFFI) is also looking at increasing the prizes because mounting a paraw costs up to PHP150,000.

"We are talking about that. Hopefully, next year, since we are talking of additional categories, it can help bring back more participants...