Panay Liberation Day (Araw ng Liberasyon ng Panay) is observed every March 18 in the Philippine islands of Panay, Guimaras, and Romblon. This holiday commemorates the liberation of Panay from Japanese occupation during the 1945 Battle of Visayas. The day marks the landing of the 40th Infantry Division, alongside Filipino guerrilla forces led by Colonel Macario Peralta Jr., which ultimately led to the capture of Iloilo City and the surrounding islands. The holiday was inaugurated by President Corazon Aquino, who declared it a special non-working holiday to honor those who fought for liberation. Celebrations typically include a remembrance ceremony at the Balatang Memorial Cemetery National Shrine in Iloilo City, which is the burial site of Macario Peralta Jr. Various veterans associations and stakeholders also organize events to commemorate the significance of the day.