Panay, officially the Municipality of Panay, is a municipality in the province of Capiz, Philippines. According to the 2020 census, it has a populati…Panay, officially the Municipality of Panay, is a municipality in the province of Capiz, Philippines. According to the 2020 census, it has a population of 48,890 people. Pronounced as Pan-ay, it used to be the provincial capital of Capiz. Panay is 8 kilometres east from Roxas City.