This song has been particularly popular among us here North of Philippines because the band hailed from Baguio City. It is the Summer Capital of the country. 

I love Baguio City. I came to have a deepend relationship with the City since my siblings and I attended college in Baguio. I also love the people there, fondly called especially the native "Igorots" who lived a simple life.

The City of Baguio is a Highly Urbanized City (HUC) which means that they have political independence from the Province of Benguet, Cordillera Administrative Region, to which they are geographically located. 

I should say some people in the Cordilleras have been clamoring for an Autonomous Region like that of the Bangsa Moro Autonomous Region of muslim Mindanao.

It may seem that they are "Thirsty" from such independence but only a majority vote towards that end could prove this claim.

Like they are "thirsty" from autonomy/independence at some sense, each of us, individually, are also "thirsty" for friendship, recognition, affirmation, affection and almost everything that is out there.

I also found out from Wikipedia that the main vocalist is named Dilaw Obero so probably the story behind the name of the band DILAW.

However, in one It's Showtime Online U interview, the band jokingly mentioned that the band was named Dilaw because the band name "Guns n Roses" was already taken. Well, I just like the whole band thing most especially their name because dilaw means yellow and that is my favorite color, not necessarily politically motivated though. 

So here is my own version of the songs translation:

Lyrics and translation of the song

Uhaw (Thirsty) sung by Dilaw (Yellow)

Sabik nang mahalikan, mayakap ka't masayaw sa ulan (Eager to kiss, hug and dance with you under the rain)

Ang mundo'y gagaan (my world will become lighter)
Mundo ko'y gagaan (world will be lighten)
Maligaw man ng landas ay [(I) may lose my way)]
Hahanapin ang kalsada patungo sa 'yo [(I will) find the road towards you]

Ikaw ang daan (You are the way)
Dumilim man ang paligid (The surroundings may get dark)
Ay ikaw pa rin ang ilaw ko (Yet you will still be my light)
Oh, oh, oh, oh, oh
Oh, oh, oh, oh
Bakit uhaw sa 'yong sayaw? [(Why (Am I) thirsty for your dance)]
Bakit ikaw? (Why you?)
'Di bibitaw, sa 'yong sa 'yo (I won't let go, I'm all yours)

Laging ikaw (Always you)
Ako'y giniginaw, halika rito (I fell cold, come over here)
Dito ka lang sa tabi ko (Stay beside me)
Mananatiling uhaw, uhaw, uhaw (I will remain thirsty, thirsty, thirsty)

Hindi na mapakali (I feel uneasy)
Puso'y nagmamadaling lambingin at suyuin ka (Heart's in a hurry caress and coax you)
Oh, aking giliw, ako'y iyo (O my dear, I am yours)
Kahit pa matalisod, mapagod at bumigay ang tuhod (I may trip, get tired and knees get weak)
'Di ako hihinto (I will not stop)
Ikaw aking dulo (You are my ending)

Mawala man ang anino ko (My shadow may disappear)
Nandito ka, oh, ilaw ko (You are here, oh my light)
Oh, oh, oh, oh, oh
Oh, oh, oh, oh

Bakit uhaw sa 'yong sayaw? [(Why (Am I) thirsty for your dance)]
Bakit ikaw? (Why you?)
'Di bibitaw, sa 'yong sa 'yo (I won't let go, I'm all yours)

Laging ikaw (Always you)
Ako'y giniginaw, halika rito (I fell cold, come over here)
Dito ka lang sa tabi ko (Stay beside me)

Mananatiling uhaw, uhaw, uhaw (I will remain thirsty, thirsty, thirsty)

Nauuhaw, naliligaw, nanliligaw, humihiyaw (Thirsty, lost, courting, screaming)
Nalulunod sa kada taludtod ng pagkatao mo (Drowning with every verse of your personality)
Nakakatulalang tula, bawat bigkas ng labi mo (Mesmerizing poem, every utterance from your lips)
Nauuhaw, sumisigaw (Thirsty, screaming/shouting)

Bakit uhaw sa 'yong sayaw? [(Why (Am I) thirsty for your dance)]
Bakit ikaw? (Why you?)
'Di bibitaw, sa 'yong sa 'yo (I won't let go, I'm all yours)

Laging ikaw (Always you)
Ako'y giniginaw, halika rito (I fell cold, come over here)
Dito ka lang sa tabi ko (Stay beside me)
Mananatiling uhaw, uhaw, uhaw (I will remain thirsty, thirsty, thirsty)

Lyrics courtesy of Musixmatch.com