MANILA - Hundreds of drivers looking to work for ride-sharing companies flocked to the offices of the Land Transportation Franchising and Regulatory Board (LTFRB) on Monday to file their franchise applications.

The line of applicants was already long as early as 6:00 a.m., according to LTRFB board member Aileen Lizada.

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The LTFRB said it will only accept applicants included in the master lists prepared by Uber and Grab, and will not accept "walk-in" applicants.

It will take around two months to process and approve franchise applications but the LTFRB assured that applicants will be given a "provisional authority" to operate while their franchise applications are being processed.

Regulators are looking to give franchises to around 65,000 drivers in Metro Manila. -- report from Joyce Balancio, ABS-CBN News