"Oh, it's okay."
It's often used to express:
* Mild agreement or acceptance: "Ay, okay naman" can be used to acknowledge something without showing strong enthusiasm.
* Neutral response: It can be used as a neutral response when someone asks for your opinion on something.
* Indifference: It can also convey a sense of "it's fine, I don't really care."
The "ay" at the beginning is a filler word similar to "uh" or "well" in English. It adds a casual and conversational tone.
Example:
* Friend: "Do you like this new restaurant?"
* You: "Ay, okay naman." (meaning "It's alright, I don't have a strong opinion")
Note: The exact meaning of "Ay, okay naman" can vary depending on the context and tone of voice.