Aloha Milkyway is a compilation album by the Philippine alternative rock band Eraserheads.

It was released on August 12, 1998 under BMG Records (Pilipinas), Inc. in Southeast Asian territories and in the Philippines on October 14.

Lead single “Julie Tearjerky” charted at number one in South Korea, Hong Kong, Taiwan, Japan, and Indonesia.

[5] Aloha Milkyway also features select English language tracks from the band's previous albums Fruitcake (1996) and Sticker Happy (1997) as well as "With a Smile" from Circus (1994), which was also released as a single.

It also includes "Ang Huling El Bimbo" from Cutterpillow (1995), the only song in Tagalog, due to the band having won the MTV Asia's Viewers Choice Award at the MTV Video Music Awards for its music video the previous year.