In 1773, Captain Hiram Cox, a member of the British East India Company, was appointed as the Superintendent of Palonki (now known as Cox's Bazar). Cox was deployed to handle the conflict between the Arakan refugees and local Rakhains at Palonki. Captain Cox made tremendous progress in rehabilitation of the refugees but died before he completed his task. In honor of Captain Cox, Palonki was renamed Cox's Bazar, meaning "Cox's Market."