PANAY News came out swinging in its first issue on April 7, 1981, headlining the most controversial issue in Iloilo City that time – the purchase of exorbitantly-priced water meters by the Metro Iloilo Water District.
‘OVERPRICED!’ – in bold, capital letters – was the fledgling newspaper’s banner. It also set the tone of what the Ilonggo readers then could expect from Panay News: fearless, no-holds-barred reporting.