Cox's Bazar is a town, a fishing port and district headquarters in Bangladesh. It is known for its wide and long sandy beach which is considered as the world's longest natural sandy sea beach, The beach in Cox' Bazar is an unbroken 125 km sandy sea beach with a gentle slope. It is located 150 km south of the industrial port Chittagong. Cox’s Bazar is also known by the name Panowa, whose literal translation means "yellow flower." Its other old name was "Palongkee".
The modern Cox's Bazar derives its name from Captain Hiram Cox (died 1799), an officer serving in British India. An officer of the British East India Company, Captain Cox was appointed Superintendent of Palongkee outpost after Warren Hastings became Governor of Bengal. Captain Cox was specially mobilised to deal with a century-long conflict between Arakan refugees and local Rakhains. He embarked upon the mammoth task of rehabilitating refugees in the area and made significant progress. A premature death took Captain Cox in 1799 before he could finish his work. To commemorate his role in rehabilitation work, a market was established and named Cox's Bazar ("Cox's Market") after him.
Today, Cox's Bazar is one of the most-visited tourist destinations in Bangladesh. As one of the most beautiful and famous tourist spots in Bangladesh, the major source of economy in Cox's Bazar is tourism. Millions of foreigners and Bangladeshi natives visit this coastal city every year. As a result, a large number of hotels, guest houses and motels have been built in the city and coastal region. Many people are involved in hospitality and customer service orientated businesses. Number of high-end hotels in the city was about 2 or 3 about 5 years ago, but today there are dozens and counting, however no renowned international hotel chains operate in the city, but many hotel chains are planning to build hotels here, such as the Carlson Rezidor Hotel Group plans 2 Radissons here in 2015, and another in the port city Chittagong. Also, a Best Western hotel which opens in 2014, also Mövenpick Hotels & Resorts will open a Mövenpick Hotel in 2013.
A number of people are also involved in fishing and collecting seafood and sea products for their livelihood. Various kinds of Oyster, Snail, Pearl and their ornaments are very popular with tourists in seaside and city stores. A number of people are also involved in the transportation business for tourists. Cox's Bazar is also one of the few major spots for aquaculture in Bangladesh.